---
schema_version: "secwatch.filing_event.v1"
accession: "0001837240-24-000108"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:23:24.930528+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001837240-24-000108
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837240/000183724024000108/0001837240-24-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000183724024000108/sym-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001837240-24-000108
- JSON: https://secwatch.observer/filing/0001837240-24-000108.json
- Plain text: https://secwatch.observer/filing/0001837240-24-000108.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837240/000183724024000108/0001837240-24-000108-index.htm

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