secwatch.observer — SEC 8-K summary
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Issuer:     Symbotic Inc. (SYM)
CIK:        0001837240
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001837240-23-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Symbotic Q1 revenue up 168% YoY to $206.3M; backlog reaches $12B
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- Revenue $206.3M (up 168% YoY); net loss $68.0M; adjusted EBITDA loss $16.3M.
- Record six system deployments initiated in Q1; cash and equivalents $447.5M (up $94.1M QoQ).
- Contracted backlog increased to $12.0B during the quarter.
- Q2 FY2023 guidance: revenue $205-230M, adjusted EBITDA loss $13-17M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837240/000183724023000048/0001837240-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837240/000183724023000048/sym-20230130.htm
  HTML page:      https://secwatch.observer/filing/0001837240-23-000048

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