| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 629.99 | 29.4% |
| Total Income | 629.99 | 29.4% |
| Expenditure | 623.46 | 21.9% |
| PBT | 19.77 | 217.6% |
| Net Profit | 2.60 | 174.7% |
| OPM | 1.04% | 6.10pp |
| NPM | 0.41% | 1.13pp |
| EPS | 0.02 | 166.7% |
Symbotic Reports Q1 FY26 Revenue $630 Million, Up 29% Y-o-Y
04 May 2026 · 4 May, 1:27 am
Summary
Symbotic Inc. announced its financial results for the first quarter of fiscal year 2026, reporting a revenue of $630 million, a 29% increase year-over-year. The company achieved a net income of $13 million, a significant improvement from the net loss of $17 million in the same quarter of the previous year. Adjusted EBITDA also saw substantial growth, reaching $67 million compared to $18 million in the prior year's quarter. Looking ahead, Symbotic projects revenue between $650 million and $670 million and adjusted EBITDA between $70 million and $75 million for the second quarter of fiscal 2026.
Key Highlights
- 1
Symbotic reported revenue of $630 million, up 29% year-over-year for the first quarter of fiscal year 2026.
- 2
Net income for the quarter was $13 million, compared to a net loss of $17 million in the first quarter of fiscal year 2025.
- 3
Adjusted EBITDA reached $67 million, a significant increase from $18 million in the first quarter of fiscal year 2025.
- 4
Cash and cash equivalents totaled $1.8 billion at the end of the first quarter of fiscal year 2026, including $424 million from a follow-on offering.
- 5
The company expects revenue of $650 million to $670 million for the second quarter of fiscal 2026.
- 6
Symbotic anticipates adjusted EBITDA of $70 million to $75 million for the second quarter of fiscal 2026.
Management Comments
Rick Cohen
“We are off to a strong start this fiscal year,” said Rick Cohen, Symbotic Chairman and Chief Executive Officer. “Our operational execution and product innovation are yielding tangible economic benefits for both our customers and us.”
Izzy Martins
“We delivered continued growth with profitability that exceeded our expectations driven by stronger margins,” said Izzy Martins, Symbotic Chief Financial Officer. “Looking ahead, we see a solid growth profile supported by rising deployments and expanding profitability.”
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