| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 676.48 | 7.4% | 23.1% |
| Total Income | 676.48 | 7.4% | 23.1% |
| Expenditure | 670.39 | 7.5% | 15.2% |
| PBT | 16.95 | 14.3% | 183.3% |
| Net Profit | 1.97 | 24.2% | 150.1% |
| OPM | 0.90% | 0.14pp | 6.73pp |
| NPM | 0.29% | 0.12pp | 1.00pp |
| EPS | 0.02 | 0.0% | 150.0% |
Symbotic Reports Q2 FY26 Revenue of $676 Million, Up 23% Y-o-Y
07 May 2026 · 7 May, 1:39 am
Summary
Symbotic Inc. announced its financial results for the second quarter of fiscal year 2026, reporting a revenue of $676 million, up 23% year-over-year. The company achieved a net income of $9 million, a notable turnaround from the $10 million net loss in the prior year's quarter. Adjusted EBITDA more than doubled, reaching $78 million. For the third quarter of fiscal 2026, Symbotic anticipates revenue between $700 million and $720 million, and adjusted EBITDA between $80 million and $85 million.
Key Highlights
- 1
Symbotic's revenue reached $676 million, reflecting a 23% increase year-over-year.
- 2
The company reported a net income of $9 million, a significant improvement from the net loss of $10 million in Q2 FY25.
- 3
Adjusted EBITDA more than doubled to $78 million, compared to $35 million in the same quarter of the previous fiscal year.
- 4
Cash and cash equivalents totaled $2.0 billion at the end of the second quarter of fiscal year 2026, up from $1.8 billion at the end of the first quarter of fiscal year 2026.
- 5
The total number of systems in deployment rose to 70.
Management Comments
Rick Cohen
We again demonstrated strong execution against our key objectives. Our momentum continues to build as customers across several verticals are now realizing tangible value from our end-to-end automation systems.
Izzy Martins
We delivered another quarter of growth and margin expansion as our total number of systems in deployment rose to 70. Looking ahead, we continue to see a solid growth trajectory supported by rising deployments, along with enhanced profitability.
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