---
schema_version: "secwatch.filing_event.v1"
accession: "0001837240-24-000162"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:46:19.439450+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Symbotic Q3 revenue $492M, net loss $14M; guides Q4 rev $455-475M, adj. EBITDA $28-32M

## Summary
- Revenue $492M vs $312M YoY; net loss $14M ($39M loss YoY); adjusted EBITDA $15M (vs -$3M).
- System gross margin fell below expectations due to elongated construction schedules and implementation costs.
- Cash and equivalents $870M, down $81M from prior quarter; 39 systems in deployment.
- Started 5 system deployments, completed 3 in Q3; Q4 revenue guidance $455-475M, adjusted EBITDA $28-32M.
- Advanced development of new minibot for BreakPack and enhanced SymBot sensor array.

## SEC filing metadata
- accession: 0001837240-24-000162
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837240/000183724024000162/0001837240-24-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000183724024000162/sym-20240729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001837240-24-000162
- JSON: https://secwatch.observer/filing/0001837240-24-000162.json
- Plain text: https://secwatch.observer/filing/0001837240-24-000162.txt

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