How did Symbotic perform in its second quarter of fiscal 2026?

Revenue was $676 million, up 23% year-over-year. The company reported net income of $9 million, compared with a net loss of $10 million a year earlier, and adjusted EBITDA of $78 million, more than double the $35 million in the prior-year quarter.

What is Symbotic's guidance for the third quarter of fiscal 2026?

Symbotic expects third-quarter revenue of $700 million to $720 million and adjusted EBITDA of $80 million to $85 million. It does not provide GAAP net income guidance, stating that reconciling forward-looking adjusted EBITDA to net income is unavailable without unreasonable effort.

How much cash does Symbotic have and how is its free cash flow trending?

Cash and cash equivalents totaled $2.0 billion at quarter-end, up from $1.8 billion at the end of the first quarter. Free cash flow was $218.0 million in the second quarter, compared with $189.5 million in the first quarter and $249.0 million in the second quarter of fiscal 2025, as defined by the company's non-GAAP measure.

How much of the net income goes to common stockholders?

Of the $9.4 million in quarterly net income, $7.5 million was attributable to noncontrolling interests, leaving $2.0 million attributable to common stockholders. The company's structure includes Class V common shares alongside Class A shares.

What operating metrics did management highlight?

Management highlighted that the total number of systems in deployment rose to 70. The investor presentation also reports 52 operational systems and $22.7 billion of contracted backlog as of Q2 2026.

SYM 8-K: Earnings & Results & Regulation FD

01—Abstract

Summary

Summary of the 8-K filed May 6, 2026. Cited figures are marked; the original filing is the authoritative source.

Symbotic Inc. (Nasdaq: SYM) reported results for its second quarter of fiscal 2026, which ended March 28, 2026.

Revenue was $676 million^a, up 23% year-over-year, and the company reported net income of $9 million, compared with a net loss of $10 million in the second quarter of fiscal 2025. Adjusted EBITDA was $78 million, more than double the $35 million reported a year earlier. Net income attributable to common stockholders was $2.0 million, and a large share of net income went to noncontrolling interests ($7.5 million in the quarter).

Cash and cash equivalents rose to $2.0 billion^b from $1.8 billion at the end of the first quarter. Free cash flow for the quarter was $218.0 million, and operating cash flow was $261.3 million. Systems in deployment rose to 70, and the company cited a contracted backlog of $22.7 billion as of Q2 2026.

For the third quarter of fiscal 2026, Symbotic expects revenue of $700 million to $720 million^c and adjusted EBITDA of $80 million to $85 million. The company said it is not providing GAAP net income guidance because reconciling forward-looking adjusted EBITDA to net income is not possible without unreasonable effort. Management, including CFO Izzy Martins, said it sees a solid growth trajectory supported by rising deployments and enhanced profitability.

The filing furnishes a press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2), both dated May 6, 2026. The presentation includes a non-GAAP reconciliation of adjusted EBITDA and free cash flow and reports 52 operational systems.

02—Key points

Key Highlights

Q2 FY2026 revenue of $676 million, up 23% year-over-year, with gross profit of $150.0 million.
Net income of $9.4 million versus a net loss of $9.9 million in Q2 FY2025; net income attributable to common stockholders was $2.0 million.
Adjusted EBITDA of $78 million (reported as $77.8 million), more than double the $35 million in Q2 FY2025.
Cash and cash equivalents of $2.0 billion at quarter-end, up from $1.8 billion at the end of Q1 FY2026; free cash flow of $218.0 million in the quarter.
Q3 FY2026 guidance: revenue of $700 million to $720 million and adjusted EBITDA of $80 million to $85 million.
Systems in deployment rose to 70, and the investor presentation cites $22.7 billion of contracted backlog as of Q2 2026.
Stock-based compensation rose to $57.2 million in the quarter, up from $36.4 million a year earlier.

03—Questions

Frequently Asked Questions

How did Symbotic perform in its second quarter of fiscal 2026?
Revenue was $676 million, up 23% year-over-year. The company reported net income of $9 million, compared with a net loss of $10 million a year earlier, and adjusted EBITDA of $78 million, more than double the $35 million in the prior-year quarter.
What is Symbotic's guidance for the third quarter of fiscal 2026?
Symbotic expects third-quarter revenue of $700 million to $720 million and adjusted EBITDA of $80 million to $85 million. It does not provide GAAP net income guidance, stating that reconciling forward-looking adjusted EBITDA to net income is unavailable without unreasonable effort.
How much cash does Symbotic have and how is its free cash flow trending?
Cash and cash equivalents totaled $2.0 billion at quarter-end, up from $1.8 billion at the end of the first quarter. Free cash flow was $218.0 million in the second quarter, compared with $189.5 million in the first quarter and $249.0 million in the second quarter of fiscal 2025, as defined by the company's non-GAAP measure.
How much of the net income goes to common stockholders?
Of the $9.4 million in quarterly net income, $7.5 million was attributable to noncontrolling interests, leaving $2.0 million attributable to common stockholders. The company's structure includes Class V common shares alongside Class A shares.
What operating metrics did management highlight?
Management highlighted that the total number of systems in deployment rose to 70. The investor presentation also reports 52 operational systems and $22.7 billion of contracted backlog as of Q2 2026.

04—Continue

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