---
schema_version: "secwatch.filing_event.v1"
accession: "0001837240-23-000137"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:16:17.061016+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Symbotic Q3 FY23 revenue $312M, net loss $39M; GreenBox JV lifts backlog to $23B

## Summary
- Revenue $312M (up 77% YoY); net loss $39M; adjusted EBITDA loss narrowed to $3M from $22M a year ago.
- Cash, equivalents, restricted cash and marketable securities total $513M, up $48M from prior quarter.
- GreenBox joint venture expands addressable market by over $500B; contracted backlog rises to ~$23B.
- Initiated six new system deployments and completed commissioning of one system during the quarter.
- Q4 FY23 guidance: revenue $290M-$310M, adjusted EBITDA $0M-$3M.

## SEC filing metadata
- accession: 0001837240-23-000137
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837240/000183724023000137/0001837240-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000183724023000137/sym-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001837240-23-000137
- JSON: https://secwatch.observer/filing/0001837240-23-000137.json
- Plain text: https://secwatch.observer/filing/0001837240-23-000137.txt

## Key facts
- Earnings Releases
  Symbotic Inc. reported third quarter of fiscal 2023 ended June 24, 2023 results: revenue $312 million, net income -39 million. Guidance initiated.
  - Period: third quarter of fiscal 2023 ended June 24, 2023
  - Revenue: $312 million
  - Net income: -39 million
  - Guidance: initiated
  - Result: reported results
  source text: Symbotic posted revenue of $312 million, a net loss of $39 million and an adjusted EBITDA loss 1 of $3 million for the third quarter of fiscal 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837240/000183724023000137/0001837240-23-000137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
