SYM Q1 2026 Earnings
Reported Feb 4, 2026 at 4:04 PM ET · SEC Source
Q1 26 EPS
$0.02
MISS 77.38%
Est. $0.09
Q1 26 Revenue
$630.0M
BEAT +1.19%
Est. $622.6M
vs S&P Since Q1 26
-38.5%
TRAILING MARKET
SYM -30.9% vs S&P +7.6%
Market Reaction
Did SYM Beat Earnings? Q1 2026 Results
Symbotic posted a mixed first quarter for fiscal 2026, delivering revenue of $629.99 million, ahead of the $622.58 million consensus by 1.19% and up 29.4% year over year, while earnings per share of $0.02 fell well short of the $0.09 analyst estimate… Read more Symbotic posted a mixed first quarter for fiscal 2026, delivering revenue of $629.99 million, ahead of the $622.58 million consensus by 1.19% and up 29.4% year over year, while earnings per share of $0.02 fell well short of the $0.09 analyst estimate, a miss of 77.38%. The more compelling story, however, was the company's profitability inflection: GAAP net income came in at $13.36 million, compared to a net loss of $16.86 million in the year-ago period, driven by a meaningful expansion in gross margins to 21.2% from 16.6% and adjusted EBITDA that nearly quadrupled to $66.90 million. The improvement reflected operating leverage as the company scaled its deployment base to 57 systems, up from 44 a year ago, with R&D expenses holding roughly flat. Analysts reassessing the growth narrative sent shares higher following the report. Looking ahead, Symbotic guided Q2 FY2026 revenue to $650 million to $670 million, with adjusted EBITDA of $70 million to $75 million, signaling continued sequential improvement as rising deployments and expanding margins anchor management's forward outlook.
Key Takeaways
- • 29% year-over-year revenue growth driven by rising system deployments
- • Gross margin expansion to 21.2% from 16.6% year-over-year (adjusted gross margin to 23.4% from 17.7%)
- • Adjusted EBITDA nearly quadrupled to $67 million from $18 million year-over-year
- • 57 systems in deployment and 51 operational systems, up from 44 and 29 respectively a year ago
- • Stronger margins driving profitability that exceeded management expectations
SYM YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
SYM Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are off to a strong start this fiscal year. Our operational execution and product innovation are yielding tangible economic benefits for both our customers and us.”
— Rick Cohen, Q1 2026 Earnings Press Release
SYM Earnings Trends
SYM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SYM EPS Trend
Earnings per share: estimate vs actual
SYM Revenue Trend
Quarterly revenue: estimate vs actual
SYM Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $0.11 | $0.01 | -91.22% | $676.5M | +2.09% |
| Q1 26 MISS | $0.09 | $0.02 | -77.38% | $630.0M | +1.19% |
| Q4 25 MISS FY | $0.08 | $-0.03 | -139.58% | $618.5M | +2.39% |
| FY Full Year | — | $-0.16 | — | $2.25B | — |
| Q3 25 MISS | $0.05 | $-0.05 | -206.16% | $592.1M | +11.04% |