Symbotic's third quarter revenue beats while Adjusted EBITDA surges 111% to $95 million.

Symbotic reported third quarter fiscal 2026 revenue of $721 million, a 22% increase year-over-year. The company achieved net income of $55 million, a significant improvement from a $21 million net loss in the prior-year period. Adjusted EBITDA more than doubled to $95 million from $45 million a year ago, surpassing the high end of the company's guidance.

Key Highlights

• Revenue increased 22% year-over-year to $720.8 million, beating analyst estimates of $715.2 million.
• Achieved GAAP net income of $55 million, or $0.09 per diluted share, compared to a net loss of $21 million in the same quarter last year.
• Adjusted EBITDA grew 111% to $95.2 million, significantly exceeding the company's guidance of $80-$85 million.
• The company provided strong fourth-quarter guidance, expecting revenue between $760-$780 million and Adjusted EBITDA of $100-$105 million.