How did Symbotic perform in its third quarter of fiscal 2025?

Revenue was $592 million, compared with $470 million in the year-earlier quarter. The company reported a net loss of $32 million and adjusted EBITDA of $45 million, versus a net loss of $27 million and adjusted EBITDA of $3 million a year earlier.

Why did cash flow weaken in the quarter?

Net cash used in operating activities was $138 million in the quarter, compared with $270 million provided in the prior quarter. Deferred revenue declined by $171 million in the quarter, and cash and cash equivalents fell $177 million from the prior quarter to $778 million.

Will the new storage structure affect revenue and backlog?

The CFO stated that the launch of the proprietary new storage structure is expected to have a temporary, short-term impact on revenue as schedules shift. The company stated the new structure does not affect its backlog.

SYM 8-K: Earnings & Results & Regulation FD

Q: What is the company's guidance for the fourth quarter of fiscal 2025?

Symbotic expects fourth-quarter fiscal 2025 revenue of $590 million to $610 million and adjusted EBITDA of $45 million to $49 million. It does not provide net loss guidance.

01—Abstract

Summary

Summary of the 8-K filed August 6, 2025. Cited figures are marked; the original filing is the authoritative source.

Symbotic Inc. (Nasdaq: SYM) reported third-quarter fiscal 2025 results for the quarter ended June 28, 2025, with revenue of $592 million^a, up from $470 million in the year-earlier quarter.

The company posted a net loss of $32 million^b, compared with a net loss of $27 million a year earlier, and adjusted EBITDA of $45 million, compared with $3 million. CFO Carol Hibbard stated that revenue grew 26% year over year and that gross margins improved again. Cash and cash equivalents fell by $177 million from the prior quarter to $778 million.

Cash flow was weaker in the quarter. Net cash used in operating activities was $138 million^c, and free cash flow was negative $153 million, versus positive free cash flow of $249 million in the prior quarter. The company recorded $16 million in restructuring charges in the quarter.

Deferred revenue declined sharply from the prior quarter's balance, and the company reported a $22.4 billion^d total backlog as of Q3 2025, according to its investor presentation. For the fourth quarter of fiscal 2025, Symbotic guided to revenue of $590 million to $610 million and adjusted EBITDA of $45 million to $49 million.

Management attributed a temporary, short-term revenue impact to the launch of a proprietary next-generation storage structure, which it said shifts some schedules, but stated that the new structure does not affect backlog. The company did not provide net loss guidance, citing the unavailability of reconciling information without unreasonable effort.

02—Key points

Key Highlights

Q3 FY2025 revenue of $592 million, up from $470 million in Q3 FY2024; CFO stated revenue grew 26% year over year.
Q3 net loss of $32 million versus $27 million a year earlier; net loss attributable to common stockholders was $5.9 million.
Adjusted EBITDA of $45 million in Q3 FY2025, compared with $3 million in Q3 FY2024.
Operating cash flow was negative $138 million and free cash flow was negative $153 million in Q3, compared with positive free cash flow of $249 million in the prior quarter.
Cash and cash equivalents decreased $177 million from the prior quarter to $778 million.
Q4 FY2025 outlook: revenue of $590 million to $610 million and adjusted EBITDA of $45 million to $49 million.
Management flagged a temporary, short-term revenue impact from launching a proprietary next-generation storage structure, while stating backlog is unaffected; the company reports $22.4 billion in total backlog.

03—Questions

Frequently Asked Questions

How did Symbotic perform in its third quarter of fiscal 2025?
Revenue was $592 million, compared with $470 million in the year-earlier quarter. The company reported a net loss of $32 million and adjusted EBITDA of $45 million, versus a net loss of $27 million and adjusted EBITDA of $3 million a year earlier.
What is the company's guidance for the fourth quarter of fiscal 2025?
Symbotic expects fourth-quarter fiscal 2025 revenue of $590 million to $610 million and adjusted EBITDA of $45 million to $49 million. It does not provide net loss guidance.
Why did cash flow weaken in the quarter?
Net cash used in operating activities was $138 million in the quarter, compared with $270 million provided in the prior quarter. Deferred revenue declined by $171 million in the quarter, and cash and cash equivalents fell $177 million from the prior quarter to $778 million.
Will the new storage structure affect revenue and backlog?
The CFO stated that the launch of the proprietary new storage structure is expected to have a temporary, short-term impact on revenue as schedules shift. The company stated the new structure does not affect its backlog.

04—Continue

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