secwatch.observer — SEC 8-K summary
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Issuer:     Symbotic Inc. (SYM)
CIK:        0001837240
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001193125-22-208700
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Symbotic reports Q3 FY2022 revenue $175.6M (+34% YoY); backlog surges to $11.3B
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- Revenue $175.6M vs $131.5M year ago; net loss improved to $32.9M from $37.8M.
- Adjusted EBITDA loss $21.8M vs $28.1M a year ago; 13 system deployments in progress (up from 4).
- Backlog expanded by $6.3B during quarter to $11.3B; cash $412M, zero debt.
- FY2022 guidance: revenue $490M-$510M (nearly double prior year); adjusted EBITDA loss $94M-$90M.
- Became public via merger with SVF Investment Corp. 3 on June 7, 2022; stock trades as SYM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837240/000119312522208700/0001193125-22-208700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837240/000119312522208700/d113521d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-208700

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer