Symbotic Q3 revenue rises 26%, beats estimates

Symbotic

06/08/2025 21:11

Overview

Symbotic fiscal Q3 revenue up 26% to $592 mln, beating analyst expectations

Company reports net loss of $32 mln, wider than last year's loss

Outlook

Symbotic expects Q4 revenue of $590 mln to $610 mln

Company anticipates Q4 adjusted EBITDA of $45 mln to $49 mln

Company says new storage structure supports long-term value creation

Result Drivers

REVENUE GROWTH - Revenue increased 26% year-over-year, driven by innovations in supply chain technology

GROSS MARGIN IMPROVEMENT - Gross margins improved year-over-year, reflecting operational progress

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$592.12 mln
$533.20 mln (16 Analysts)
Q3 EPS
-$0.05
Q3 Net Income
-$31.92 mln
Q3 Gross Profit
$107.62 mln
Q3 Operating Expenses
$144.18 mln
Q3 Operating Income
-$36.56 mln
Q3 Pretax Profit
-$28.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Symbotic Inc is $35.12, about 80% below its August 5 closing price of $63.21

The stock recently traded at 150 times the next 12-month earnings vs. a P/E of 54 three months ago

Press Release: ID:nGNX2pcjtS

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)