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.
SYM YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
SYM Revenue by Segment
With YoY comparisons, source: SEC Filings
“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
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% |