Highest-materiality recent filing
Symbotic Q2 revenue $676M (+23% YoY), net income $9M vs loss, adj EBITDA doubles to $78M
Revenue $676M, up 23% YoY; net income $9M compared to a loss of $10M in prior year.
Symbotic reports Q1 FY2026 revenue $630M (+29% YoY), net income $13M, Adj. EBITDA $67M
Revenue $630M (+29% YoY); net income $13M vs loss $17M YoY.
James Kuffner hired as CTO (start Oct 1, 2024) with $800K base salary, 100% bonus target, and $21M in equity grants ($18M RSU/PSU + $3M RSU).
Symbotic Q4 FY2025 revenue $618M (+9% YoY); net loss $19M vs net income $16M last year
Full-year FY2025 revenue $2,247M (+26% YoY); adjusted EBITDA $147M.
SEC closes investigation into Symbotic without enforcement action; appoints Andrew Ross to board
SEC notified Symbotic on Aug 7, 2025 of investigation conclusion; no enforcement action recommended.
Symbotic Q3 FY2025 rev $592M (+26% YoY), adj EBITDA $45M; guides Q4 rev $590-610M
Revenue $592M (up 26% YoY); net loss $32M vs $27M loss in Q3 FY2024.
Symbotic names Izilda Martins as CFO, succeeding Carol Hibbard; effective Aug 9, 2025
Izzy Martins, formerly CFO of Avis Budget Group, appointed CFO-designate July 1, 2025, and CFO/Treasurer August 9, 2025.
Symbotic Q2 FY2025 revenue $550M up 40% YoY; net loss narrows to $21M; adj. EBITDA $35M
Revenue $550M vs $393M prior year (+40%); net loss $21M vs $55M prior year.
Symbotic Q1 revenue $487M (+35% YoY), net loss $19M; guides Q2 rev $510-530M, adj EBITDA $26-30M
Revenue $487M vs $360M YoY; net loss $19M flat; adjusted EBITDA $18M vs $8M.
Acquired Walmart's Advanced Systems & Robotics business; Walmart pays $520M in R&D fees ($230M at close, $165M in year 1, $125M in year 2).
Symbotic to acquire Walmart's robotics unit for $200M; $5B+ backlog potential from APD deal
Acquires Walmart Advanced Systems & Robotics (WASR) for $200M cash at close, plus up to $350M contingent consideration.
Symbotic restates FY2024 results; revenue recognition error cuts revenue and EBITDA by $30M-$40M
Total impact of correcting errors lowers FY2024 system revenue, gross profit, income before tax, and adjusted EBITDA by $30M-$40M vs. Nov 18 release.
Symbotic reports Q4 revenue $577M, net income $28M, restates interim FY2024 financials
Q4 FY2024 revenue $577M (up from $392M YoY); net income $28M vs loss of $45M; adj EBITDA $55M (up from $13M).
Symbotic Q3 revenue $492M, net loss $14M; guides Q4 rev $455-475M, adj. EBITDA $28-32M
Revenue $492M vs $312M YoY; net loss $14M ($39M loss YoY); adjusted EBITDA $15M (vs -$3M).
Symbotic Q2 revenue $424M, adjusted EBITDA $22M, cash $951M
Revenue of $424M vs $267M YoY (+59%); net loss narrowed to $41M from $55M.
Symbotic completes underwriters' overallotment option, raising additional ~$59M
Underwriters exercised in-full option to purchase 1,500,000 shares of Class A common stock.
Symbotic completes 10M-share offering, nets ~$197M for general corporate purposes
Offering of 10,000,000 shares closed: 5,000,000 from company and 5,000,000 from selling securityholders.
Symbotic Q1 revenue $369M (+79% YoY); net loss narrows to $13M; guides Q2 $400M-$420M
Revenue $369M, up 79% from $206M in Q1 FY2023; net loss $13M vs $68M loss a year ago.
Symbotic Q4 rev $392M, first positive adj EBITDA $13M; FY rev up 98% to $1.18B
Q4 FY2023 revenue $392M vs $244M YoY; net loss $45M improved from $53M loss.
Symbotic CFO Tom Ernst to retire; Carol Hibbard named successor as CFO
CFO Thomas Ernst to retire effective Dec 15, 2023; will serve as consultant through Sep 28, 2024.
Symbotic Q3 FY23 revenue $312M, net loss $39M; GreenBox JV lifts backlog to $23B
Revenue $312M (up 77% YoY); net loss $39M; adjusted EBITDA loss narrowed to $3M from $22M a year ago.
Symbotic forms GreenBox JV with SoftBank (65/35); $7.5B contract, warrants and secondary share sale
GreenBox JV: SoftBank 65%, Symbotic 35%; initial $100M capital funded pro rata.
Symbotic Q2 revenue surges 177% YoY to $266.9M; net loss widens to $55.4M
Revenue $266.9M vs $96.3M in prior-year quarter; net loss $55.4M vs $29.9M loss.
Symbotic Q1 revenue up 168% YoY to $206.3M; backlog reaches $12B
Revenue $206.3M (up 168% YoY); net loss $68.0M; adjusted EBITDA loss $16.3M.
Symbotic Q4 revenue $244M, 167% growth; CEO Rick Cohen replaces Loparco
Q4 revenue $244.4M (167% YoY); net loss $53.3M; adjusted EBITDA loss $20.4M.
Symbotic reports Q3 FY2022 revenue $175.6M (+34% YoY); backlog surges to $11.3B
Revenue $175.6M vs $131.5M year ago; net loss improved to $32.9M from $37.8M.
Symbotic completes SPAC merger, begins trading on Nasdaq under SYM
27.5M shares redeemed for ~$274.8M; trust account balance ~$45.4M post-closing.
SVF Investment Corp. 3 shareholders approve Symbotic merger; $274.6M redeemed
All 9 proposals passed with ~93% of votes cast in favor of the business combination.
Symbotic expands Walmart automation deal to all 42 regional distribution centers
Walmart expands prior commitment from 25 to all 42 regional DCs for Symbotic's robotics platform.
SVF Investment Corp. 3 sets June 3 special meeting to approve Symbotic merger
SEC declared effective the S-4 registration statement for the business combination with Symbotic.
Symbotic reports Q2 FY2022 revenue of $96.3M, up 315% YoY; net loss $29.9M
Revenue $96.3M, up 315% from $23.2M in prior-year quarter; record quarterly gross profit.
Symbotic names Michael Loparco as CEO ahead of planned merger with SVF Investment Corp. 3
Michael J. Loparco appointed CEO of Symbotic; Rick Cohen remains Chairman and President, adds Chief Product Officer role.
Symbotic Q1 FY2022 revenue $77.1M, backlog $5.3B, gross margin 18.8%
Revenue $77.1M vs $5.5M YoY; net loss $23.1M improved from $26.2M loss.
SVF Investment Corp. 3 restates March 2021 balance sheet over share classification
Restatement reclassifies 32,000,000 Class A shares subject to possible redemption as temporary equity.
SVF Investment Corp. 3 merges with warehouse robotics firm Symbotic in SPAC deal
Definitive Agreement: SVFC to combine with Warehouse Technologies (Symbotic), a warehouse automation company; SVFC must hold ≥$350M cash at close.
SVF Investment Corp. 3 restates SPAC financials over share classification, EPS calculation
Restates audited balance sheet as of March 17, 2021 and unaudited Q1-Q3 2021 financials.
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.
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.
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.
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.
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.
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.
On June 5, 2023, Santhosh Daniel resigned as Vice President and Controller of Symbotic Inc. (the “Company”), effective as of June 16, 2023.
Thomas Ernst, the Company's Chief Financial Officer and Treasurer, assumed the responsibilities of chief accounting officer effective as of June 5, 2023
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”).
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.
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.
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.
Max materiality 0.90 · Median 0.70 · Most common event earnings