{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-289944","form_type":"8-K","ticker":"SYM","cik":"0001837240","company_name":"Symbotic Inc.","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.569068+00:00","generated_at":"2026-06-21T15:15:19.732389+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Symbotic Q4 revenue $244M, 167% growth; CEO Rick Cohen replaces Loparco","bullets":["Q4 revenue $244.4M (167% YoY); net loss $53.3M; adjusted EBITDA loss $20.4M.","Full FY2022 revenue $593.3M (136% YoY); net loss $139.1M; adj. EBITDA loss $89.8M.","Rick Cohen (Chairman/President) appointed CEO effective Nov 19; Michael Loparco resigned as CEO/director.","Loparco receives $1.05M severance, $700K target bonus, $200K advisory fees; non-compete through Jan 2024.","Q1 FY2023 guidance: revenue $170M-$200M; adj. EBITDA loss $21M-$25M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-289944","json":"https://secwatch.observer/filing/0001193125-22-289944.json","markdown":"https://secwatch.observer/filing/0001193125-22-289944.md","text":"https://secwatch.observer/filing/0001193125-22-289944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/d417748d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:15:19.732389+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1bbabd49ffe24fdc51d5cffd94978aa4fceb8822","claim":"Symbotic Inc. reported the fiscal year ended September 24, 2022 results: revenue $593.3 million, net income $139.1 million.","evidence_excerpt":"For the full fiscal year 2022, Symbotic reported revenue of $593.3 million, reflecting 136% growth year over year, a loss of $139.1 million, and an adjusted EBITDA loss 1 of $89.8 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 24, 2022"},{"label":"Revenue","value":"$593.3 million"},{"label":"Net income","value":"$139.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"80db25bfd87fa83482db037732901e577c058899","claim":"Symbotic Inc. reported the first quarter of fiscal 2023 results: revenue $170 million to $200 million. Guidance initiated.","evidence_excerpt":"For our first quarter of fiscal 2023, we expect revenue of $170 million to $200 million, more than double our first quarter fiscal 2022 revenue. We also expect an adjusted EBITDA 2 loss of $21 million to $25 million reflecting reduced system cost, offset by continued investments in innovation and scaling of our business.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal 2023"},{"label":"Revenue","value":"$170 million to $200 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c6fa75d959eabc6833ccdf816f9896d1f182f2b0","claim":"Symbotic Inc. reported the fourth quarter of fiscal 2022 results: revenue $244.4 million, net income $53.3 million.","evidence_excerpt":"Symbotic posted revenue of $244.4 million, a net loss of $53.3 million and an adjusted EBITDA loss 1 of $20.4 million for the fourth quarter of fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of fiscal 2022"},{"label":"Revenue","value":"$244.4 million"},{"label":"Net income","value":"$53.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"57e47dd66d","claim":"Richard Cohen was appointed as Chief Executive Officer at Symbotic Inc..","evidence_excerpt":"On November 19, 2022, the board of directors (the “Board”) of Symbotic Inc. (the “Company”) appointed Richard Cohen, the Company’s current Chairman of the Board and President, as the Chief Executive Officer of the Company, effective as of November 19, 2022 (the “Effective Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f820fd3dca","claim":"Michael J. Loparco resigned as Chief Executive Officer at Symbotic Inc..","evidence_excerpt":"In connection with Mr. Cohen’s appointment, Michael J. Loparco, the Chief Executive Officer of the Company resigned from his positions as Chief Executive Officer and a member of the Board effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837240/000119312522289944/0001193125-22-289944-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}