Symbotic Inc. (SYM)
NASDAQ:SYM
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.13Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution: revenue above guidance, restored GAAP profitability, materially higher adjusted EBITDA, expanding systems and software revenue, robust cash generation and a large backlog. Product and technology momentum (APD, SyMicro, Nyobolt batteries, BreakPack upgrades, Fox acquisition) supports longer-term growth and margin improvement. Near-term challenges include a low number of system completions this quarter (timing impact), a decline in revenue per deployment driven by mix, increased near-term CapEx and higher operating expenses to support growth, and some uncertainty/timing on international expansion and multi-system rollouts. On balance, the positives materially outweigh the negatives.Company Guidance
Revenue Above Guidance and Strong Top-Line
Fiscal Q2 revenue of $676 million came in above the high end of guidance; Q3 revenue outlook of $700–720 million implies sequential growth.
GAAP Profitability Restored
GAAP net income of $9 million in Q2 versus a net loss of $10 million in Q2 FY2025, representing a ~$19 million year-over-year swing to profitability.
Adjusted EBITDA More Than Doubled
Adjusted EBITDA of $78 million in Q2, above the top end of the forecasted range and up from $35 million in Q2 FY2025 (approximately +123% year-over-year).
Systems Revenue Growth and Deployment Momentum
Systems revenue of $634 million, up 24% year-over-year and 8% sequentially; 14 new system starts in the quarter, bringing deployments to 70 systems in deployment.
Software and Recurring Revenue Expansion
Software revenue grew 93% year-over-year to $13 million in Q2 (including ~$1 million non-recurring); excluding that adjustment, growth remained above 75% year-over-year, driven by expanding operational base.
Balance Sheet Strength and Cash Generation
Ended the quarter with over $2.0 billion in cash and cash equivalents (up from $1.8 billion prior quarter, +~11%) and $218 million of free cash flow in the quarter.
Backlog Remains Very Large
Backlog of $22.7 billion (up from $22.3 billion last quarter; ~+1.8%), driven by final pricing adjustments and the addition of the AWG system.
Product and Technology Progress
Multiple product advances: SyMicro e-commerce prototypes on track this calendar year; APD prototypes targeted in next 6 months; larger SymBot and stretch-bot deployments underway; investment in Nyobolt battery tech (reported ~5x energy per charge) and recent Fox Robotics acquisition to expand dock/pallet 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 |
|---|---|---|---|
May 06, 2026 | $61.16 | $56.43 | -7.73% |
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% |
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 Inc. (SYM) report earnings?
Symbotic Inc. (SYM) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Symbotic Inc. (SYM) earnings time?
Symbotic Inc. (SYM) earnings time is at Aug 03, 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 (Q3) is 0.13.
