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Symbotic (SYM)
NASDAQ:SYM
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, robust YoY growth across revenue, EBITDA and software/services, GAAP profitability, a healthy cash position and strategic product/portfolio expansion (next‑gen storage, Fox Robotics). Key challenges remain primarily timing‑ and lumpy‑revenue related: paid development variability, reallocation of R&D into COGS and modeling noise from accounting changes, and several strategic initiatives (prototypes, GreenBox/Exol, Mexico and Fox cross‑sells) that are early stage and introduce near‑term conversion uncertainty. On balance the positive financial results, margin expansion and sizable backlog materially outweigh the near‑term timing and modeling uncertainties.Company Guidance
Strong Revenue Growth and Top‑End Beat
Fiscal Q1 revenue of $630.0M (met top end of guidance), up 29% year‑over‑year; systems revenue grew 27% YoY to $590.0M.
GAAP Profitability and Large EBITDA Upside
GAAP net income of $13.0M in Q1 vs. net loss of $17.0M in prior year; adjusted EBITDA of $67.0M (above guidance), up from $18.0M a year ago (≈+272%), and delivered a double‑digit EBITDA margin for the first time.
Margin Expansion and Operating Leverage
Gross margin expanded sequentially and YoY across systems, software maintenance & support, and operations services; systems gross margin showed significant YoY improvement driven by structural and cost discipline initiatives.
Rapid Software and Services Growth
Software revenue nearly doubled, up 97% YoY to $10.9M; operations services revenue grew 68% YoY to $28.8M, reflecting expanding installed base and recurring revenue.
Strong Cash Position and Financing
Cash and cash equivalents increased to $1.8B from $1.2B in the prior quarter (≈+50%), supported by $424M net proceeds from a December follow‑on offering.
Product & Operational Improvements
Next‑gen storage development and paid development program progressed (Walmart micro‑fulfillment paid development produced record financial results); SIM bots improved >25% in miles driven and transactions per bot daily vs. prior year.
Deployment Momentum and Backlog
Added 10 system starts in the quarter, 57 systems now in deployment, and backlog remained robust at $22.3B (only modest change from $22.5B last quarter).
Strategic Acquisition to Expand TAM
Acquisition of Fox Robotics (autonomous forklift solutions) completed to broaden product set and open additional customer channels, particularly dock automation.
SYM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SYM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $53.48 | $53.78 | +0.56% |
Nov 24, 2025 | $55.46 | $77.29 | +39.36% |
Aug 06, 2025 | $62.90 | $54.21 | -13.82% |
May 07, 2025 | $22.46 | $23.94 | +6.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Symbotic (SYM) report earnings?
Symbotic (SYM) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Symbotic (SYM) earnings time?
Symbotic (SYM) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SYM EPS forecast?
SYM EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.
