Symbotic Inc.

Symbotic Inc. reported strong financial results for the third quarter ended June 27, 2026, with total revenue increasing to $720.8 million and a significant turnaround to a net income of $11.7 million, or $0.09 diluted EPS, compared to a net loss in the prior year. For the nine months, the company also achieved positive net income and substantial growth in cash and stockholders' equity, partly driven by a recent equity offering. The company also noted a change in accounting principle for stock-based compensation and a revision to prior cash flow statements.

Symbotic Inc. announced strong financial results for its third quarter of fiscal year 2026, reporting revenue of $721 million, a 22% increase year-over-year. The company achieved a net income of $55 million, a significant turnaround from a net loss of $21 million in the prior year, and adjusted EBITDA more than doubled to $95 million. Symbotic also provided a positive outlook for the fourth quarter of fiscal 2026, projecting continued growth. Additionally, Steve Pagliuca was elected to the Board of Directors.

Symbotic Inc. announced the acquisition of ARMS Innovations Ltd., a UK-based software company specializing in real-time operational intelligence for complex automated warehouse environments. This strategic move expands Symbotic's capabilities beyond automation to a comprehensive, AI-powered solution for Warehouse Operations Optimization. The integration aims to unify automated systems and human workflows, providing end-to-end visibility and control to maximize productivity and uptime in distribution centers.

Symbotic Inc. reported a significant improvement in its financial performance for the second quarter and six months ended March 28, 2026. The company achieved net income attributable to common stockholders of $1.97 million for the quarter and $4.57 million for the six-month period, reversing losses from the prior year. Total revenue also saw substantial growth, reaching $676.48 million for the quarter and $1.31 billion for the six months. The company's cash position strengthened considerably, partly due to a $424.31 million equity offering, and it also changed its stock-based compensation accounting principle retrospectively.

Symbotic Inc. reported strong financial results for its second fiscal quarter ended March 28, 2026, with revenue increasing 23% year-over-year to $676 million and net income reaching $9 million, a significant improvement from a net loss in the prior year. Adjusted EBITDA more than doubled to $78 million. The company also provided a positive outlook for the third quarter of fiscal 2026, projecting revenue between $700 million and $720 million and adjusted EBITDA of $80 million to $85 million.

Symbotic Inc. announced strong financial results for its second quarter of fiscal year 2026, reporting revenue of $676 million, a 23% increase year-over-year. The company achieved a net income of $9 million, a significant improvement from a net loss of $10 million in the prior year's second quarter. Adjusted EBITDA more than doubled to $78 million, and cash and cash equivalents grew to $2.0 billion. Symbotic also provided a positive outlook for the third quarter of fiscal 2026, anticipating continued growth and enhanced profitability.

Symbotic Inc. announced its approval as a partner in the U.S. Department of War (DoW) SkillBridge program. This initiative allows active-duty service members to gain civilian work experience at Symbotic during their final 180 days of service, while retaining military pay and benefits. The company aims to leverage the leadership and technical skills of veterans, facilitating their transition into the civilian workforce and strengthening Symbotic's operations.

Symbotic Inc. announced it will release its second quarter fiscal year 2026 financial results after the market closes on Wednesday, May 6, 2026. The company will host a live webcast on the same date at 5:00 p.m. ET to discuss these results. Symbotic is a leader in A.I.-enabled robotics technology for the supply chain.