Companies /Industrials

Symbotic Inc - Class A

NASDAQ: SYM Specialty Industrial Machinery
$40.61
â–² $0.20 (+0.49%) today
Markets closed · 4:47pm ET

Q1 2026 Earnings

Reported Feb 4, 2026, 4:04pm ET · SEC source
$0.02
Miss −77.38%
EPS · est. $0.09
$630.0M
Beat +1.19%
Revenue · est. $622.6M
−7.2%
Trailing market
SYM vs S&P since report
5 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
−14%−7%0+7%Feb 4Feb 5report 4:04pm ETearnings−1.7%−11.9%
−14%−7%0+7%Feb 4Feb 5earnings−1.7%−11.9%
SYM −11.9%S&P 500 −1.7%
−14%−7%0+7%Feb 4Feb 5report 4:04pm ETearnings−2.1%−11.9%
−14%−7%0+7%Feb 4Feb 5earnings−2.1%−11.9%
SYM −11.9%NASDAQ −2.1%
−6%0+6%Feb 3Feb 12report 4:04pm ETearnings−0.9%−5.8%
−6%0+6%Feb 3Feb 12earnings−0.9%−5.8%
SYM −5.8%S&P 500 −0.9%
−6%0+6%Feb 3Feb 12report 4:04pm ETearnings−1.1%−5.8%
−6%0+6%Feb 3Feb 12earnings−1.1%−5.8%
SYM −5.8%NASDAQ −1.1%
+0.56%
Day of report
+11.08%
Next session
+1.73%
One week
−7.25%
30 days

S&P 500 over the same 30 days: −0.06%.

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, 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

“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.”

SYM CEO, on the earnings call

Forward Guidance & Outlook

For Q2 FY2026, Symbotic expects revenue of $650 million to $670 million and adjusted EBITDA of $70 million to $75 million. Management sees a solid growth profile supported by rising deployments and expanding profitability. The company is not providing GAAP net income guidance as reconciliation items are outside its control.

SYM YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$200.0M$400.0M$600.0M$486.7M$630.0MRevenue$80.0M$133.4MGross Profit$2.9M$6.5MOperating Income$2.3M$13.4MNet Income
$0$200.0M$400.0M$600.0MRevenueGross ProfitOperating IncomeNet Income

SYM Revenue by Segment

Systems$590.3M
Operation Services$28.8M
Software Maintenance and Support$10.9M

Figures from SEC filings and company reports. Not investment advice.