Live: Symbotic (SYM) Reports Earnings Today – Will Shares Skyrocket?

We will be listening in to Symbotic’s earnings call so posts will be limited. If you leave this tab open a new post should automatically post later with our summary of the call.

We thank you for joining us today for this review of Symbotic’s earnings. We’re hosting several live blogs on 24/7 Wall St., so if you’re looking for analysis of your favorite stocks, make sure to come back!

Well, Symbotic’s conference call starts in 10 minutes and it looks like the reaction to this report does boil down almost purely to the company’s revenue and EBITDA guide for next quarter.

If management can clearly explain this is a temporary hiccup, shares should shave losses when they open tomorrow.

If the explanation is poor and uncertainty hangs over the stock, we could see shares sink even lower when Symbotic opens tomorrow.

Symbotic shares have bounced off where they bottomed and are now down 12.6%.

The big question with these earnings is the company’s guidance.

In giving guidance, Symbotic said they expect a short-term revenue impact next quarter. If the company does a guide job explaining this lighter guide during their earnings call later, we could see these after hours losses moderate.

SYM | Symbotic Q3’25 Earnings Highlights:

• Adj. EPS: $(0.05) [➖];
• Revenue: $592.1M [✅]; [UP] +26% YoY
• Adj. Gross Margin: 18.2% [✅]; [UP] +65 bps YoY
• Net Income: $(32.0)M [✅
• Adj. EBITDA: $45.4M [✅]; [UP] +1,560% YoY

Q3’25 Outlook:

• Revenue: $590M to $610M [➖]
  • Symbotic expects a temporary short-term impact on revenue due to the launch of a proprietary new storage structure, which will shift schedules but does not affect the backlog.
  • The new structure is anticipated to support long-term value creation.

Q3 Segment Performance:

• Systems Revenue: $559.1M [✅]; [UP] +24% YoY
• Software Maintenance and Support Revenue: $8.1M [✅]; [UP] +129% YoY
• Operation Services Revenue: $24.9M [✅]; [UP] +54% YoY

Other Key Q3 Metrics:

• Adj. Operating Income: $(36.6)M [✅]; [DOWN] +3% YoY
• Adj. Operating Expenses: $144.2M [✅]; [UP] +55% YoY
• R&D Expenses: $52.1M [✅]; [UP] +17% YoY
• Free Cash Flow: $(153.2)M; [DOWN] +558% YoY
• Effective Tax Rate: (0.1)% (vs. (0.2)% YoY)
• Cash and Cash Equivalents: $777.6M
• Inventories: $138.9M
• Accounts Receivable: $136.2M

CEO Commentary:

• Rick Cohen: “We continue to deliver strong results and drive operational progress. We are building on this momentum with game-changing innovations that are unlocking new opportunities across the supply chain as we have unveiled with our next generation storage structure.”

CFO Commentary:

• Carol Hibbard: “Revenue grew 26% and gross margins improved once again year-over-year. Looking ahead, with the launch of a proprietary new storage structure, we expect a temporary short-term impact on revenue based on schedules shifting to accommodate. Importantly, the new structure does not affect our backlog and supports our long-term value creation.”

Other Executives:

• Charlie Anderson, VP of Investor Relations: “We are excited about the future and the potential of our new technologies to transform the supply chain.”

Shares are now down 14%. Symbotic shares had been red-hot since mid-June and its a guidance miss, so a severe reaction is to be expected.

OK, we found what Wall Street doesn’t like.

Outlook is $600 million in revenue at the midpoint and EBITDA of $47 million at the midpoint. Here’s what Wall Street had expected:

• Revenue: $636 million
• EBITDA: $52.1 million

Guidance is what’s causing this drop.

Sales came in at $592 million which absolutely crushes consensus expectations.

Earnings are -$.05 adjusted which is below expectations, but we still find this reaction a little puzzling.

Earnings are out immediately and shares just dropped 11%. We’re following along, updates will post auotmatically.

It’s been a good day for technology stocks in general with the Nasdaq up 1.2%, yet shares of Symbotic are down today.

As of 2:35 p.m. ET, shares of the company have dropped 1.9%. Other stocks in the robotics ‘basket’ of are down – such as Outster, which is down 5% – so this could be some profit-taking after many robotics stocks have been seeing impressive gains in recent months.

We previously looked at what Symbotic reported last quarter. Let’s look at what Wall Street expects them to report this quarter:

Wall Street Consensus for Symbotic’s FQ3

• GAAP EPS: ($.01)
• Adjusted EPS: $.05
• Revenue: $533.25 million
• EBITDA: $28.9 million
• Gross Margin: 20.4%

And Wall Street will also be closely watching what the company guides to next quarter. Here’s what they expect:

• Revenue: $636 million
• EBITDA: $52.1 million

Be on the lookout for whether the midpoint of Symbotic’s guidance comes in over these figures. With shares having run up so much in recent months, its likely the company will need a beat and raise for shares to rally tomorrow.