Symbotic Inc. ( (SYM) ) has released its Q3 earnings. Here is a breakdown of the information Symbotic Inc. presented to its investors.
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Symbotic Inc. is a leader in A.I.-enabled robotics technology, specializing in automating supply chains for major retail, wholesale, and food & beverage companies. The company leverages advanced technology to enhance the speed, agility, and efficiency of goods distribution.
In its third quarter of fiscal year 2025, Symbotic Inc. reported a revenue of $592 million, marking a 26% increase from the previous year. Despite this growth, the company recorded a net loss of $32 million, although its adjusted EBITDA improved significantly to $45 million from $3 million in the same quarter of the previous year.
Key financial highlights include a rise in gross profit to $107.6 million, driven by improved gross margins and increased revenue from systems and software maintenance. The company also introduced a next-generation storage structure, expected to temporarily impact revenue but support long-term value creation. Operating expenses rose due to increased research and development and restructuring charges, contributing to the net loss.
Looking ahead, Symbotic projects fourth-quarter revenue between $590 million and $610 million, with adjusted EBITDA expected to range from $45 million to $49 million. The company remains optimistic about its long-term prospects, focusing on innovation and strategic growth in the supply chain automation sector.