Symbotic Q2 revenue $424M, adjusted EBITDA $22M, cash $951M

Symbotic Inc.

2024-Q2 EPS reported -$0.10 revenue$792,751,000

Revenue of $424M vs $267M YoY (+59%); net loss narrowed to $41M from $55M.
Adjusted EBITDA turned positive to $22M from -$11M in prior year quarter.
Cash, equivalents and marketable securities $951M, up $276M sequentially.
Q3 FY2024 outlook: revenue $450-470M, adjusted EBITDA $27-29M.
Started three system deployments and completed three operational systems in Q2.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Symbotic Inc. reported second fiscal quarter of 2024 ended March 30, 2024 results: revenue $424 million, net income $41 million. Guidance initiated.

Period: second fiscal quarter of 2024 ended March 30, 2024
Revenue: $424 million
Net income: $41 million
Guidance: initiated
Result: reported results

Exact text from the filing

Symbotic posted revenue of $424 million, a net loss of $41 million and adjusted EBITDA 1 of $22 million for the second quarter of fiscal 2024.

View on SEC.gov

710 earnings releases filed in the last 30 days. Browse all earnings releases →

Symbotic Inc. filing history →

Source: SEC EDGAR

accession 0001837240-24-000108

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.