10-Q · February 4, 2026
Symbotic (SYM) delivered a stronger Q1 (period ended December 27, 2025) with revenue of $629.985M (up $11.985M vs prior quarter and up $142.292M YoY), expanded gross margin to 21.2%, and returned to operating…
Earnings analysis · 10-Q
SYM earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Symbotic reported strong growth in Q2 FY 2026 with revenue of $676.5 million, a 23% year-over-year increase, outperforming estimates. The company achieved diluted EPS of $0.01 and an impressive free cash flow of $218…
Read full summary
Symbotic reported strong growth in Q2 FY 2026 with revenue of $676.5 million, a 23% year-over-year increase, outperforming estimates. The company achieved diluted EPS of $0.01 and an impressive free cash flow of $218 million, indicating improved operational efficiency compared to the prior quarter. Management anticipates Q3 revenue between $700 million and $720 million, reflecting continued momentum in demand.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.01
What stood out
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Strong Revenue Growth
Q2 revenue reached $676.5 million, up 23% year-over-year from $549.7 million.
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Improved EPS
Diluted EPS at $0.01, a significant improvement from a loss of $0.04 in the prior year.
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Free Cash Flow Surge
Free cash flow grew to $218 million, up from $249 million in the prior quarter.
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Robust Systems Deployment
70 Systems in Deployment in Q2 2026 compared to 46 in Q2 2025, driving revenue growth.
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Guidance Increase
Management expects Q3 revenue of $700 million to $720 million.
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Healthy Gross Profit Margin
Gross profit margin increased to 22.2% from 20.2% in Q2 2025.
What to watch
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Major Client Dependency
A significant portion of revenue is derived from key clients like Walmart, creating a risk if demand from these clients fluctuates.
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Legal Proceedings
Ongoing securities class actions could impose financial liabilities; potential future legal costs remain uncertain.
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Material Weakness in Controls
Existing material weakness in internal controls over revenue recognition may impact financial reporting.
Management's outlook
Management anticipates Q3 revenue between $700 million and $720 million.
Earlier filings 4
10-K · November 24, 2025
Symbotic Inc. has positioned itself as a leading provider of automation systems designed to optimize supply chain operations, particularly in warehouses. With a significant backlog of $22.5 billion and major contracts…
10-Q · February 5, 2025
Symbotic reported quarterly revenue of $486,693,000 (up $126,750,000 vs prior-year quarter) with gross profit of $80,039,000, an operating loss of $24,629,000 and GAAP net loss of $18,520,000. Liquidity strengthened…
10-K · December 4, 2024
Symbotic positions itself as a comprehensive, end-to-end warehouse automation provider with a differentiated A.I.-enabled system (Symbots up to 25 mph, claimed 99.9999% accuracy) and a large contracted backlog of…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.