Symbotic Inc - Class A
Q3 2026 Earnings
Includes $19.4 million gain from fair value adjustments on strategic investments and $9.6 million loss from equity method investment
Market Reaction
Did SYM Beat Earnings? Q3 2026 Results
Symbotic Inc. delivered a mixed fiscal third quarter, posting revenue that edged past Wall Street expectations while earnings fell short of the mark. The warehouse automation company reported Q3 FY2026 revenue of $720.84 million, up 21.7% year over year and slightly ahead of the $714.77 million consensus, with systems revenue of $670.95 million carrying most of the load. On the bottom line, however, GAAP earnings of $0.09 per diluted share, which includes a $19.38 million gain from fair value adjustments on strategic investments and a $9.6 million loss from an equity method investment, missed the $0.13 analyst consensus by 29.02%. The headline profit figure was a notable swing from a loss of $0.04 per share a year ago, supported in part by gross margin expansion to 22.3% from 18.9%. Looking ahead, Symbotic guided Q4 revenue of $760 million to $780 million and adjusted EBITDA of $100 million to $105 million, with 77 systems now in deployment underpinning management's confidence in continued profitable growth, even as the stock trades near its 52-week low.
- 22% year-over-year revenue growth driven by systems deployments
- Gross margin expansion to 22.3% from 18.9% year-over-year
- Adjusted EBITDA more than doubled year-over-year to $95 million
- 77 systems in deployment and 56 operational systems
- Swing to GAAP net income of $55 million from a net loss of $21 million year-over-year
“We are well on track to deliver against our key objectives for our fiscal year. Importantly, we are seeing increasing opportunities to broaden the scope of our work with existing and prospective customers.”
SYM CEO, on the earnings call
Forward Guidance & Outlook
For Q4 FY2026, Symbotic expects revenue of $760 million to $780 million and adjusted EBITDA of $100 million to $105 million. The company sees a continuation of its profitable growth trajectory supported by 77 systems in deployment and increasing opportunities to broaden the scope of work with existing and prospective customers.
SYM YoY Financials
SYM Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.