Symbotic

SYM Q2 2026 Earnings

Reported May 6, 2026 at 4:03 PM ET · SEC Source

Q2 26 EPS

$0.01

MISS 91.22%

Est. $0.11

Q2 26 Revenue

$676.5M

BEAT +2.09%

Est. $662.7M

vs S&P Since Q2 26

-31.7%

TRAILING MARKET

SYM -31.5% vs S&P +0.2%

Market Reaction

Did SYM Beat Earnings? Q2 2026 Results

Symbotic delivered a mixed second fiscal quarter, topping revenue expectations while falling well short on earnings, sending shares lower in the days that followed. The warehouse automation company posted revenue of $676.48 million, a 23.1% increase … Read more Symbotic delivered a mixed second fiscal quarter, topping revenue expectations while falling well short on earnings, sending shares lower in the days that followed. The warehouse automation company posted revenue of $676.48 million, a 23.1% increase year-over-year that edged past the $662.65 million consensus, driven by an expanding deployment footprint that grew to 70 active systems from 46 a year ago. Profitability, however, disappointed sharply; GAAP diluted EPS came in at just $0.01, missing the $0.11 consensus estimate by 91.22%, weighed down by elevated stock-based compensation of $57.19 million. Beneath the GAAP surface, adjusted EBITDA more than doubled year-over-year to $77.75 million, and gross margin expanded to 22.2% from 20.2%, pointing to genuine operational improvement. A director's share sale around the time of results added a layer of market unease. Looking ahead, management guided Q3 revenue of $700 million to $720 million with adjusted EBITDA of $80 million to $85 million, backed by a contracted backlog of roughly $22.70 billion.

Key Takeaways

  • 23% year-over-year revenue growth driven by increasing system deployments
  • 70 systems in deployment, up from 46 a year ago
  • 52 operational systems, up from 37 a year ago
  • Gross margin expansion to 22.2% from 20.2% year-over-year
  • Adjusted EBITDA more than doubled year-over-year to $78 million
  • Swing to GAAP net income of $9 million from a net loss of $10 million year-over-year

SYM Forward Guidance & Outlook

For Q3 fiscal 2026, Symbotic expects revenue of $700 million to $720 million and adjusted EBITDA of $80 million to $85 million. Management sees a solid growth trajectory supported by rising deployments and enhanced profitability.

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SYM YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

SYM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“We again demonstrated strong execution against our key objectives. Our momentum continues to build as customers across several verticals are now realizing tangible value from our end-to-end automation systems.”

— Rick Cohen, Q2 2026 Earnings Press Release