S
Symbotic Inc.
SYMCIK 0001837240NasdaqLarge AcceleratedGeneral Industrial Machinery & Equipment, NecDelawareFY ends Sep 26
Period
FY 2025
Revenue
$2.25B
Net Income
$-16.94M
Total Assets
$2.40B
Equity
$221.32M
Shares Out
599.77M
Op. Cash Flow
$866.94M
Business
Symbotic Inc. develops and deploys robotic, A.I.-powered automation systems that automate pallet, case and each handling in warehouses. It offers hardware (autonomous mobile robots, de‑palletizing and palletizing robotic cells, lifts and storage structures), A.I.-powered software, BreakPack and micro-fulfillment solutions, plus maintenance and operation services. Key business areas include integrated systems for distribution centers, micro‑fulfillment centers and a warehouse‑as‑a‑service joint venture (GreenBox), delivered via system installs and service agreements. It serves large retailers, grocers and logistics providers via direct sales and joint ventures globally.
Summary from filing dated 2025-11-24
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 2,247 | 1,788 | 1,177 | 593 | — | |
| Total cost of revenue | 1,824 | 1,543 | 987 | 494 | — | |
| Gross profit | 423 | 246 | 190 | 100 | — | |
| Research and development expenses | 216 | 173 | 195 | 124 | — | |
| Selling, general, and administrative expenses | 299 | 189 | 218 | 116 | — | |
| Restructuring charges | 23 | 0 | 0 | — | — | |
| Total operating expenses | 538 | 362 | 413 | 240 | — | |
| Operating loss | −115 | −117 | −223 | −140 | −6 | |
| Other income, net | 36 | 37 | 11 | 1 | — | |
| Loss before income tax and equity method investment | −79 | −80 | −213 | −139 | — | |
| Income tax benefit (expense) | 2 | −4 | 5 | 0 | — | |
| Loss from equity method investment | −14 | −777,000 | 0 | 0 | — | |
| Net loss | −91 | −85 | −208 | −139 | — | |
| Net loss attributable to noncontrolling interests | −74 | −71 | −184 | −60 | — | |
| Net loss attributable to common stockholders | −17 | −13 | −24 | −7 | −6 | |
| Basic (in dollars per share) | −0.16 | −0.14 | −0.37 | −0.13 | — | |
| Diluted (in dollars per share) | −0.16 | −0.14 | −0.37 | −0.13 | — | |
| Basic (in shares) | 109 | 96 | 64 | 54 | — | |
| Diluted (in shares) | 109 | 96 | 64 | 54 | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,245 | 727 | 259 | 353 | 812,884 | |
| Accounts receivable | 187 | 202 | 69 | 3 | — | |
| Unbilled accounts receivable | 182 | 218 | 121 | 102 | — | |
| Inventories | 164 | 106 | 136 | 92 | — | |
| Deferred expenses | 21 | 1 | 35 | 29 | — | |
| Prepaid expenses and other current assets | 92 | 101 | 85 | 26 | — | |
| Total current assets | 1,890 | 1,356 | 992 | 605 | 2 | |
| Property and equipment, net | 118 | 97 | 35 | 25 | — | |
| Intangible assets, net | 79 | 4 | 217,000 | 650,000 | — | |
| Goodwill | 60 | 0 | — | — | — | |
| Equity method investment | 123 | 81 | 0 | — | — | |
| Other assets | 131 | 41 | 24 | 337,000 | — | |
| Total assets | 2,401 | 1,579 | 1,051 | 631 | 322 | |
| Accounts payable | 287 | 175 | 110 | 68 | 194,638 | |
| Accrued expenses and other current liabilities | 200 | 166 | 128 | — | — | |
| Deferred revenue | 1,242 | 676 | 787 | 394 | — | |
| Total current liabilities | 1,729 | 1,017 | 1,025 | 523 | 40 | |
| Deferred revenue | 125 | 129 | 0 | 31 | — | |
| Other liabilities | 64 | 42 | 28 | 8 | — | |
| Total liabilities | 1,918 | 1,188 | 1,053 | 562 | 15 | |
| Commitments and contingencies (Note 16) | — | — | — | 0 | — | |
| Additional paid-in capital | 1,565 | 1,524 | 1,254 | 1,238 | — | |
| Accumulated deficit | −1,341 | −1,324 | −1,310 | −1,287 | −14 | |
| Accumulated other comprehensive loss | −3 | −3 | −2 | −2 | — | |
| Total stockholders' equity | 221 | 197 | 82,000 | 7 | −14 | |
| Noncontrolling interest | 262 | 193 | −3 | 62 | — | |
| Total equity | 483 | 390 | −3 | 69 | — | |
| Total liabilities and equity | 2,401 | 1,579 | 1,051 | 631 | 322 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 40 | 21 | 9 | 6 | — | |
| Amortization of leases | 5 | 3 | 2 | — | — | |
| Restructuring of leases | 3 | 0 | 0 | — | — | |
| Foreign currency gains | −33,000 | −8,000 | −3,000 | 25,000 | — | |
| Gain on investments | 0 | −10 | 0 | 0 | — | |
| Loss on disposal of assets | 264,000 | 337,000 | 3 | 4 | — | |
| Provision for excess and obsolete inventory | 7 | 33 | 22 | 987,000 | — | |
| Deferred taxes, net | −4 | 4 | −5 | 0 | — | |
| Stock-based compensation | 184 | 112 | 154 | 27 | — | |
| Gain from strategic investment fair value adjustment | −4 | 0 | 0 | — | — | |
| Accounts receivable | 15 | −132 | −66 | −508,000 | — | |
| Inventories | −59 | 103,000 | −66 | −61 | — | |
| Prepaid expenses and other current assets | 70 | −112 | −79 | −121 | — | |
| Deferred expenses | 22 | −5 | −5 | −29 | — | |
| Other assets | 9 | −9 | −19 | 49,000 | — | |
| Accounts payable | 97 | 65 | 41 | 42 | 188,159 | |
| Accrued expenses and other current liabilities | 10 | 38 | 65 | 38 | 3 | |
| Deferred revenue | 606 | 18 | 362 | 80 | — | |
| Acquisition-related consideration paid to customer | −45 | 0 | 0 | — | — | |
| Other liabilities | −12 | −1 | 20 | 4 | — | |
| Net cash provided by (used in) operating activities | 867 | −58 | 231 | −148 | −3 | |
| Purchases of property and equipment and capitalization of internal use software development costs | −79 | −44 | −21 | — | — | |
| Acquisitions of strategic investments | −130 | −90 | 0 | 0 | — | |
| Cash paid for business acquisitions | −142 | 0 | 0 | — | — | |
| Proceeds from sale of assets | 0 | 0 | 71,000 | 0 | — | |
| Proceeds from maturities of marketable securities | 0 | 340 | 130 | 0 | — | |
| Purchases of marketable securities | 0 | −49 | −408 | 0 | — | |
| Net cash provided by (used in) investing activities | −351 | 156 | −299 | −18 | −320 | |
| Payment for taxes related to net share settlement of stock-based compensation awards | −3 | −3 | −27 | 0 | — | |
| Net proceeds from issuance of common stock under employee stock purchase plan | 5 | 6 | 3 | 0 | — | |
| Proceeds from issuance of Class A Common Stock | 0 | 258 | 0 | 0 | — | |
| Proceeds from exercise of warrants | 0 | 159 | 0 | 278 | — | |
| Distributions to or on behalf of Symbotic Holdings LLC partners | −1 | −48 | 0 | 0 | — | |
| Net cash provided by (used in) financing activities | 668,000 | 371 | −24 | 362 | 324 | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | −26,000 | −4,000 | 232,000 | 572,000 | — | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 517 | 469 | −93 | 197 | 812,884 | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 13 | 6 | 9 | 0 | — | |
| Transfer of inventories to property and equipment | 8 | 38 | 0 | — | — | |
| Transfer of equipment from property and equipment to deferred expenses | 41 | 0 | 0 | — | — | |
| Transfer of equipment from property and equipment to other assets | 17 | 0 | 0 | — | — | |
| Warrant associated with supplier agreement | 0 | 12 | 0 | 0 | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro