Symbotic Inc. reported second quarter of fiscal year 2026 results: revenue $676 million, net income $9 million. Guidance reaffirmed.
“Symbotic reported revenue of $676 million, up 23% year-over-year, and net income of $9 million, compared with a net loss of $10 million in the second quarter of fiscal year 2025. Adjusted EBITDA 1 reached $78 million, more than double the $35 million in the second quarter of fiscal year 2025. Cash and cash equivalents totaled $2.0 billion at the end of the second quarter of fiscal year 2026, up from $1.8 billion at the end of the first quarter of fiscal year 2026.”
Izilda Martins was appointed as Chief Financial Officer at Symbotic Inc..
“On June 9, 2025, Symbotic Inc. (the “Company”) announced the appointment of Izilda “Izzy” Martins as Chief Financial Officer and principal financial officer of the Company, effective August 9, 2025.”
Eric Branderiz was appointed as Director at Symbotic Inc..
“On May 12, 2025, the Board of Directors (the “Board”) of Symbotic Inc. (the “Company”) approved an increase in the size of the Board from seven to eight members, effective May 14, 2025, and appointed Eric Branderiz to the Board, effective May 14, 2025.”
Auditor Changes
Symbotic Inc. reported that prior financial statements should not be relied upon.
“On November 27, 2024, the Company issued a press release describing the impact of the error and indicating that the financial results for the fourth quarter and fiscal year 2024 included in the Fourth Quarter Earnings Release should no longer be relied upon.”
Auditor Changes
Symbotic Inc. reported that prior financial statements should not be relied upon.
“The Company’s previously issued financial statements for these periods should therefore no longer be relied upon.”
Earnings Releases
Symbotic Inc. reported second fiscal quarter of 2024 ended March 30, 2024 results: revenue $424 million, net income $41 million. Guidance initiated.
“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.”
Carol Hibbard changed role as Chief Financial Officer, Treasurer and principal financial officer at Symbotic Inc..
“Upon the effective date of Ms. Freve’s appointment as principal accounting officer, Carol Hibbard, the Company’s Chief Financial Officer, will no longer serve as the Company’s principal accounting officer but will continue to serve in her roles as the Company’s Chief Financial Officer, Treasurer and principal financial officer.”
Maria G. Freve was appointed as Vice President, Controller and Chief Accounting Officer at Symbotic Inc..
“On March 19, 2024, Symbotic Inc. (the “Company”) appointed Maria G. Freve to the position of Vice President, Controller and Chief Accounting Officer, effective as of April 15, 2024.”
Shareholder Votes
Symbotic Inc. shareholders approved To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending September 28, 2024. at the 2024-03-01 meeting.
“The stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending September 28, 2024.”
Shareholder Votes
Symbotic Inc. shareholders approved To elect seven directors, each to serve for a term of one year until the 2025 Annual Meeting of Stockholders. at the 2024-03-01 meeting.
“Each of the seven nominees for director was elected to serve for a term of one year until the 2025 Annual Meeting of Stockholders, until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification or removal.”
Earnings Releases
Symbotic Inc. reported first fiscal quarter of 2024 ending December 30, 2023 results: revenue $369 million, net income a net loss of $13 million.
“in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter of 2024 ending December 30, 2023. Symbotic posted revenue of $369 million, a net loss of $13 million and adjusted EBITDA 1 of $14 million for the first quarter of fiscal 2024. In the same quarter of fiscal 2023, Symbotic had revenue of $206 million, a”
Earnings Releases
Symbotic Inc. reported financial results for fourth quarter and fiscal year ended September 30, 2023.
“On November 20, 2023, Symbotic Inc. issued a press release announcing its financial results and other information for the fiscal quarter and year ended September 30, 2023.”
Carol Hibbard was appointed as Chief Financial Officer and Treasurer at Symbotic Inc..
“On October 2, 2023, the Company announced the appointment of Carol Hibbard as Chief Financial Officer and Treasurer of the Company effective December 15, 2023.”
Thomas Ernst departed as Chief Financial Officer and Treasurer at Symbotic Inc..
“On October 2, 2023, Symbotic Inc. (the “Company”) announced that Thomas Ernst plans to retire as Chief Financial Officer and Treasurer of the Company, with his retirement to be effective on December 15, 2023.”
Earnings Releases
Symbotic Inc. reported third quarter of fiscal 2023 ended June 24, 2023 results: revenue $312 million, net income -39 million. Guidance initiated.
“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.”
Material Agreements
Symbotic Inc. entered into Commercial Agreement with Symbotic LLC and GreenBox valued at $7,500,000,000 (effective 2023-07-23).
“the Commercial Agreement provides for a commitment from GreenBox to expend at least $7,500,000,000 in the aggregate to purchase Symbotic systems over a six-year period”
Material Agreements
Symbotic Inc. entered into LLC Agreement with Symbotic Holdings, Sunlight and GreenBox (effective 2023-07-23).
“On July 23, 2023, as contemplated by the Framework Agreement, Symbotic Holdings, Sunlight and GreenBox entered into the LLC Agreement to set forth their interests, rights and obligations relating to GreenBox, the management and operation of GreenBox and the economic arrangement among the parties relating to GreenBox.”
Material Agreements
Symbotic Inc. entered into Framework Agreement with SVF valued at $500 million.
“the RC Entities will sell 17,825,312 shares of Class A Common Stock of the Company to SVF for an aggregate of $500 million”
Thomas Ernst changed role as Chief Financial Officer and Treasurer at Symbotic Inc..
“Thomas Ernst, the Company's Chief Financial Officer and Treasurer, assumed the responsibilities of chief accounting officer effective as of June 5, 2023”
Santhosh Daniel resigned as Vice President and Controller at Symbotic Inc..
“On June 5, 2023, Santhosh Daniel resigned as Vice President and Controller of Symbotic Inc. (the “Company”), effective as of June 16, 2023.”
Earnings Releases
Symbotic Inc. reported third quarter of fiscal 2023 results: revenue $245 million to $265 million. Guidance initiated.
“For the third quarter of fiscal 2023, Symbotic expects revenue of $245 million to $265 million.”
Earnings Releases
Symbotic Inc. reported second fiscal quarter ended March 25, 2023 results: revenue $266.9 million, net income $55.4 million.
“Symbotic posted revenue of $266.9 million, a net loss of $55.4 million and an adjusted EBITDA loss 1 of $11.2 million for the second quarter of fiscal 2023.”
Shareholder Votes
Symbotic Inc. shareholders approved To elect seven directors, each to serve for a term of one year until the 2024 Annual Meeting of Stockholders, until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification or removal. at the 2023-03-01 meeting.
“The shareholders voted on the following proposals at the Annual Meeting: 1. To elect seven directors, each to serve for a term of one year until the 2024 Annual Meeting of Stockholders, until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification or removal.”
Earnings Releases
Symbotic Inc. reported first fiscal quarter ended December 24, 2022 results: revenue $206.3 million, net income $68.0 million. Guidance reaffirmed.
“Symbotic posted revenue of $206.3 million, a net loss of $68.0 million”
Earnings Releases
Symbotic Inc. reported the first quarter of fiscal 2023 results: revenue $170 million to $200 million. Guidance initiated.
“For our first quarter of fiscal 2023, we expect revenue of $170 million to $200 million, more than double our first quarter fiscal 2022 revenue. We also expect an adjusted EBITDA 2 loss of $21 million to $25 million reflecting reduced system cost, offset by continued investments in innovation and scaling of our business.”
Earnings Releases
Symbotic Inc. reported the fourth quarter of fiscal 2022 results: revenue $244.4 million, net income $53.3 million.
“Symbotic posted revenue of $244.4 million, a net loss of $53.3 million and an adjusted EBITDA loss 1 of $20.4 million for the fourth quarter of fiscal 2022.”
Earnings Releases
Symbotic Inc. reported the fiscal year ended September 24, 2022 results: revenue $593.3 million, net income $139.1 million.
“For the full fiscal year 2022, Symbotic reported revenue of $593.3 million, reflecting 136% growth year over year, a loss of $139.1 million, and an adjusted EBITDA loss 1 of $89.8 million.”
Michael J. Loparco resigned as Chief Executive Officer at Symbotic Inc..
“In connection with Mr. Cohen’s appointment, Michael J. Loparco, the Chief Executive Officer of the Company resigned from his positions as Chief Executive Officer and a member of the Board effective as of the Effective Date.”
Richard Cohen was appointed as Chief Executive Officer at Symbotic Inc..
“On November 19, 2022, the board of directors (the “Board”) of Symbotic Inc. (the “Company”) appointed Richard Cohen, the Company’s current Chairman of the Board and President, as the Chief Executive Officer of the Company, effective as of November 19, 2022 (the “Effective Date”).”
Jacob Gearwar changed role as Controller at Symbotic Inc..
“Upon the effective date of Mr. Daniel’s appointment, Jacob Gearwar will no longer serve as the Company’s principal accounting officer or Controller but continues to serve in his current role as the Company’s Vice President, Finance and Assistant Treasurer.”
Santhosh P. Daniel was appointed as Vice President and Controller at Symbotic Inc..
“On June 20, 2022, Symbotic Inc. (the “Company”) appointed Santhosh P. Daniel to the position of Vice President and Controller, effective as of June 20, 2022.”
Richard B. Cohen was appointed as President and Chief Product Officer at Symbotic Inc..
“the Board appointed Mr. Cohen to serve as President and Chief Product Officer”
Merline Saintil was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Michael Rhodin was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Vikas J. Parekh was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Todd Krasnow was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Charles Kane was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Rollin Ford was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Michael J. Loparco was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Richard B. Cohen was appointed as director at Symbotic Inc..
“Effective as of the Closing, Richard B. Cohen, Michael J. Loparco, Rollin Ford, Charles Kane, Todd Krasnow, Vikas J. Parekh, Michael Rhodin and Merline Saintil were appointed as directors”
Navneet Govil resigned as Chief Financial Officer at Symbotic Inc..
“Effective as of the Closing, each of Messrs. Pipilis and Govil resigned as the Chairman and Chief Executive Officer and Chief Financial Officer, respectively.”
Ioannis Pipilis resigned as Chairman and Chief Executive Officer at Symbotic Inc..
“Effective as of the Closing, each of Messrs. Pipilis and Govil resigned as the Chairman and Chief Executive Officer and Chief Financial Officer, respectively.”
Cristiana Falcone departed as director at Symbotic Inc..
“Ioannis Pipilis, Navneet Govil, Michael Carpenter, Michael Tobin and Cristiana Falcone ceased serving on the Company’s board of directors.”
Michael Tobin departed as director at Symbotic Inc..
“Ioannis Pipilis, Navneet Govil, Michael Carpenter, Michael Tobin and Cristiana Falcone ceased serving on the Company’s board of directors.”
Michael Carpenter departed as director at Symbotic Inc..
“Ioannis Pipilis, Navneet Govil, Michael Carpenter, Michael Tobin and Cristiana Falcone ceased serving on the Company’s board of directors.”
Navneet Govil departed as director at Symbotic Inc..
“Ioannis Pipilis, Navneet Govil, Michael Carpenter, Michael Tobin and Cristiana Falcone ceased serving on the Company’s board of directors.”
Ioannis Pipilis departed as director at Symbotic Inc..
“Ioannis Pipilis, Navneet Govil, Michael Carpenter, Michael Tobin and Cristiana Falcone ceased serving on the Company’s board of directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.