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Recent Updates — SYM

August 5, 2026View Source ↗

Symbotic Inc. reported third-quarter fiscal 2026 results ending June 27, 2026, with revenue of $721 million, a 22% year-over-year increase, and net income of $55 million compared to a net loss of $21 million in the prior year period. Adjusted EBITDA reached $95 million, more than doubling the previous quarter's $45 million. The company holds $1.7 billion in cash and cash equivalents at quarter-end. Management provided fourth-quarter fiscal 2026 guidance expecting revenue between $760 million and $780 million and adjusted EBITDA of $100 million to $105 million, supported by 77 systems currently in deployment. Concurrently, the Board appointed Stephen G. Pagliuca as a director effective August 4, 2026, expanding the board size from nine to ten members. Symbotic Inc. operates in the supply chain automation industry, providing AI-enabled robotics and software platforms for warehouse distribution.