Symbotic

Symbotic reported Q3 FY2026 revenue of $721 million, up 22% year-over-year, with a swing to net income of $55 million versus a net loss of $21 million in Q3 FY2025. Adjusted EBITDA more than doubled to $95 million from $45 million. The company continues to deploy systems across its customer base, with 77 systems currently in deployment. CEO Rick Cohen noted broadening opportunities with existing and prospective customers. For Q4 FY2026, Symbotic expects revenue of $760–780 million and adjusted EBITDA of $100–105 million. The company also announced the election of Steve Pagliuca, former Co-Chair of Bain Capital, to its Board of Directors.

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