Companies /Industrials
Symbotic Inc - Class A
NASDAQ: SYM Specialty Industrial Machinery
$39.28
▼ $1.08 (−2.68%) today
Markets closed · 1:12am ET

SYM (SYM) Q2 2026 Earnings

Reported May 6, 2026, 4:03pm ET · SEC source
$0.01
Miss −91.22%
EPS · est. $0.11
$676.5M
Beat +2.09%
Revenue · est. $662.7M
−25.4%
Trailing market
SYM vs S&P since report
5 quarters
Consecutive EPS misses

How Did SYM Stock React to Q2 2026 Earnings?

% change · around the report
−9%−6%−3%0May 6May 7report 4:03pm ETearnings−0.3%−6.9%
−9%−6%−3%0May 6May 7earnings−0.3%−6.9%
SYM −6.9%S&P 500 −0.3%
−9%−6%−3%0May 6May 7report 4:03pm ETearnings−0.1%−6.9%
−9%−6%−3%0May 6May 7earnings−0.1%−6.9%
SYM −6.9%NASDAQ −0.1%
−14%−7%0+7%May 5May 14report 4:03pm ETearnings+1.9%−11.0%
−14%−7%0+7%May 5May 14earnings+1.9%−11.0%
SYM −11.0%S&P 500 +1.9%
−14%−7%0+7%May 5May 14report 4:03pm ETearnings+3.5%−11.0%
−14%−7%0+7%May 5May 14earnings+3.5%−11.0%
SYM −11.0%NASDAQ +3.5%
−7.73%
Day of report
−7.34%
Next session
−11.13%
One week
−24.65%
30 days

S&P 500 over the same 30 days: +0.75%.

Did SYM Beat Earnings? Q2 2026 Results

No. SYM reported Q2 2026 earnings of $0.01 a share on May 6, 2026, missing the $0.11 consensus estimate by 91.2%. Revenue was $676.5M against a $662.7M estimate.

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

“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.”

SYM CEO, on the earnings call

What Was SYM's Outlook in Q2 2026?

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.

SYM YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$200.0M$400.0M$600.0M$549.7M$676.5MRevenue$107.6M$150.0MGross Profit$2.8M$6.1MOperating Income$2.1M$9.4MNet Income
$0$200.0M$400.0M$600.0MRevenueGross ProfitOperating IncomeNet Income
SYM income statement, Q2 2026 versus Q2 2025
Metric Q2 2026 Q2 2025 Year over year
Revenue $676.5M $549.7M +23.1%
Gross Profit $150.0M $107.6M +39.4%
Operating Income $6.1M $2.8M +119.0%
Net Income $9.4M $2.1M +340.2%

SYM Revenue by Segment

Systems$634.5M+23.6%
Operation Services$29.1M
Software Maintenance and Support$12.9M+93.3%

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