SYMBOTIC INC Stock Price, News & Analysis

Symbotic (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, has announced the appointment of Andrew Ross to its Board of Directors, effective August 26, 2025.

Ross currently serves as President and Chief Operating Officer of Parker-Hannifin Corporation (NYSE: PH), bringing over 25 years of experience in motion and control technologies. His extensive background includes leadership roles in Parker's Fluid Connectors Group and Engineered Materials Group, as well as previous positions at Trelleborg Sealing Solutions and Norfolk Southern Corporation.

Rick Cohen, Chairman and CEO of Symbotic, highlighted Ross's expertise in fostering innovation and building strong corporate cultures as key assets for supporting the company's long-term growth objectives.

Symbotic (Nasdaq: SYM), an AI-enabled robotics technology leader for supply chain solutions, reported its Q3 FY2025 financial results. The company achieved revenue of $592 million, representing a 26% year-over-year growth, with an adjusted EBITDA of $45 million, up significantly from $3 million in Q3 FY2024.

Despite operational progress, Symbotic recorded a net loss of $32 million, and cash reserves decreased by $177 million to $778 million. The company unveiled a next-generation storage structure, though warning of temporary revenue impacts due to schedule adjustments. For Q4 FY2025, Symbotic projects revenue between $590-610 million and adjusted EBITDA of $45-49 million.

Symbotic (Nasdaq: SYM) has unveiled its next-generation storage technology for warehouse automation systems, featuring significant improvements in storage density and operational efficiency. The innovative design can reduce storage footprint by up to 40% while enabling faster case handling through shorter bot travel distances.

The new system includes pre-assembled components that reduce on-site assembly parts by over 90%, accelerating implementation time. Key features include modular shelf configurations, integrated fire suppression, enhanced seismic adaptability, and a unique leveling system that minimizes floor preparation costs. The technology is available for both existing facility retrofits and new greenfield installations.

Symbotic (Nasdaq: SYM), an A.I.-enabled robotics technology company focused on supply chain solutions, has scheduled its third quarter fiscal 2025 earnings release for Wednesday, August 6, 2025, after market close.

The company will host a live webcast at 5:00 p.m. ET on the same day to discuss the quarterly results. Investors can access the webcast through registration and find additional materials on Symbotic's investor relations website.

Symbotic (Nasdaq: SYM), an AI-enabled robotics technology leader for supply chain solutions, has announced a CFO transition. Izzy Martins, former EVP and CFO of Avis Budget Group, will join as CFO-designate on July 1, 2025, and assume the full CFO role on August 9, 2025. Martins brings over 20 years of financial leadership experience, including managing a $9 billion market segment at Avis. She succeeds Carol Hibbard, who will remain with the company through year-end to ensure a smooth transition. During Hibbard's tenure, Symbotic experienced revenue growth, expansion, and increased investment in innovation. The company emphasized Martins' strategic financial leadership and operational expertise as key factors in driving Symbotic's future growth and scale.

Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for supply chain solutions, has announced the appointment of Eric Branderiz to its Board of Directors, effective May 14, 2025. Branderiz brings nearly 30 years of finance and accounting experience, most recently serving as EVP and CFO at Enphase Energy. His notable previous roles include Vice President, Corporate Controller and Chief Accounting Officer at Tesla, along with senior positions at SunPower Corporation, Knowledge Universe Corporation, Spansion, and Advanced Micro Devices.

Currently serving on the boards of Cognizant Technology Solutions Corporation and Fortive Corporation, Branderiz is a Certified Public Accountant in California with a bachelor's degree in Business Commerce from The University of Alberta. His appointment aims to support Symbotic's growth and global expansion in robotics and A.I.-powered automation technology.

Symbotic (Nasdaq: SYM) reported its Q2 FY2025 financial results, showing significant growth and improved performance. The company achieved revenue of $550 million, marking a 40% year-over-year increase from $393 million. While posting a net loss of $21 million, this represents a substantial improvement from the $55 million loss in Q2 FY2024. Adjusted EBITDA grew significantly to $35 million, up from $9 million in the previous year.

The company's cash position strengthened, with cash and equivalents increasing by $52 million to $955 million. Looking ahead to Q3 FY2025, Symbotic projects revenue between $520-540 million and adjusted EBITDA of $26-30 million. Management highlighted improved execution, expanded margins, and successful delivery of system implementations during the quarter.

Symbotic (Nasdaq: SYM), an A.I.-enabled robotics technology company specializing in supply chain solutions, has scheduled the release of its second quarter fiscal 2025 financial results for Wednesday, May 7, 2025, after market close.

The company will host a live webcast at 5:00 p.m. ET on the same day to discuss the quarterly results. Interested parties can register for the webcast through the provided link, and a replay will be available on Symbotic's Investor Relations website.

Associated Food Stores (AFS) and Symbotic Inc. (Nasdaq: SYM) have announced the successful activation of phase one of their warehouse modernization initiative at AFS' Utah distribution center. The implementation features Symbotic's end-to-end automation system with robotic case pick capabilities.

The modernization project aims to enhance retail-facing experiences through improved supply chain efficiency, expanded product selection, and optimized delivery. The system promises increased speed to shelf, better SKU availability, and improved inventory utilization.

AFS, serving nearly 500 independent grocers across nine Intermountain states, will maintain employment for all current distribution center team members while providing opportunities for skill development. The company will showcase the new automation system during a special event on March 6, 2025, featuring a power-up ceremony and guided tour of the facility.