Symbotic Inc. SYM

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsUnited States of America

Last close 37.93 USD on Nov 1, 2026, −36.3% year to date

Quant rating

Quant rating C Rank 307 of 486 in Industrials

Growth A 1 of 486
Valuation C 273 of 486
Quality B 166 of 486
Revisions C 335 of 486
Momentum D 419 of 486

Wall Street consensus Buy (2.47)Average target 60.60 USD +59.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 22.9B
Enterprise value: 21.6B
52-week range: 36.04 – 87.88
3-year range: 17.50 – 87.88
Dividend yield: –
Beta (5 years): 2.06
Shares outstanding: 605M
Next earnings: Nov 23, 2026

About the company

Symbotic Inc. is an automation technology company, which focuses on reimagining the supply chain with its end-to-end, artificial intelligence-powered robotic and software platform. It is engaged in developing, commercializing, and deploying innovative and comprehensive technology solutions that improve supply chain operations. The Company automates the processing of pallets, cases and individual items in warehouses. Its systems enhance operations at the front end of the supply chain and therefore benefit all supply partners further down the chain, irrespective of fulfillment strategy. Its robotic-based automation systems, which include hardware and essential software, move, store and sort cases and reach in warehouses. Its systems are operational in a number of retailers, including Walmart, wholesale distributors, including C&S Wholesale Grocers, and are being deployed in GreenBox Systems LLC, which is doing business as Exol (Exol), its warehouse-as-a-service joint venture.

Growth and profitability fiscal year ends September 30

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	2,247	1,788	1,177	593	252	–
Revenue growth	25.7%	51.9%	98.4%	135.5%	173.6%	89.4%
EPS (basic, normalized)	0.20	−0.05	−0.37	−0.13	–	–
EPS growth	–	–	–	–	–	–
Gross margin	18.8%	13.7%	16.1%	16.8%	4.1%	13.9%
Net margin	−0.8%	−0.8%	−2.0%	−1.2%	−61.6%	−13.3%
ROE	−8.1%	−12.9%	−656.9%	–	–	−226.0%

Balance sheet, last quarter
Cash & short-term investments (mil)	1,746
Current ratio	1.33x
Long-term debt (mil)	0
Net debt (mil)	−1,321
Total equity (mil)	709
Net debt / equity	−1.86x
Net debt / EBITDA	−8.96x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	2,247	+25.7%	9.6x	147	+78.5%	146.6x	0.20	+502.0%	188.7x
2026	2,799	+24.6%	7.7x	337	+128.9%	64.1x	0.54	+168.1%	70.4x
2027	3,607	+28.9%	6.0x	491	+45.4%	44.1x	0.71	+32.0%	53.3x
2028	4,530	+25.6%	4.8x	712	+45.0%	30.4x	1.03	+45.4%	36.7x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	2,799	−0.2%	+0.2%	+0.9%	0.54	+5.9%	+6.4%	+5.5%
2027	3,607	−0.8%	+0.3%	+1.6%	0.71	−5.1%	−34.0%	−33.8%
2028	4,530	−0.6%	−0.3%	+2.2%	1.03	+6.3%	−51.3%	−51.5%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	424	492	577	487	542	592	618	630	676	721
Sales mean (mil)	413	465	470	491	522	533	604	623	664	715
Surprise	+2.8%	+5.9%	+22.6%	−0.9%	+3.7%	+11.0%	+2.4%	+1.1%	+1.9%	+0.8%
EPS reported	−0.05	−0.02	0.05	0.00	−0.01	0.11	0.03	0.07	0.03	−0.05
EPS mean	−0.04	0.03	0.05	0.03	0.05	0.04	0.10	0.12	0.15	0.17
Surprise	−34.6%	−157.6%	+2.0%	−114.8%	−122.2%	+177.1%	−71.2%	−43.9%	−79.5%	−129.2%

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SYM Symbotic Inc.	22.9B	−8.96x	−0.8%	6.90x	70.4x	53.3x	64.1x	44.1x
ETN Eaton Corporation PLC	143.7B	2.91x	14.9%	7.09x	27.2x	22.9x	20.9x	17.8x
PH Parker-Hannifin Corporation	113.5B	1.43x	17.0%	7.36x	25.3x	22.8x	17.9x	16.4x
TT Trane Technologies PLC	89.7B	0.70x	13.9%	9.86x	26.8x	23.2x	19.2x	16.7x
JCI Johnson Controls International PLC	90.3B	1.83x	7.3%	6.63x	23.8x	20.0x	17.7x	15.6x
EMR Emerson Electric Co	92.0B	2.13x	12.7%	4.51x	25.1x	22.7x	18.7x	17.4x
Mean		0.01x	10.8%	7.06x	33.1x	27.5x	26.4x	21.3x
Median		1.63x	13.3%	7.00x	26.1x	22.8x	19.0x	17.1x

Technical analysis

1M−9.7%
3M−10.4%
1Y−44.7%
3Y+7.3%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Symbotic Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	2,247	1,788	1,177	593	252	92.1
Cost of revenue	1,824	1,543	987	494	241	111
Gross profit	423	246	190	99.6	10.4	−18.9
Selling, general & administrative expenses	270	189	216	116	59.4	35.6
Research & development	196	173	195	124	73.4	55.9
Depreciation/amortization	29.2	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	42.5	0	2.3	–	–	–
Other operating expenses	0	0	0	0	0	0
Operating income	−115	−117	−223	−140	−122	−110
Net interest income (expense)	4.5	–	–	–	–	–
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	31.6	37.0	10.7	1.3	0.1	0.8
Net income before taxes	−78.9	−79.7	−213	−139	−122	−110
Provision for taxes	−1.6	4.2	−4.6	0	0	0
Minority interest	74.1	71.2	184	60.1	–	–
Equity in affiliates	−13.7	–	0	72.1	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−16.9	−12.7	−23.9	−6.9	−122	−110
Extraordinary items	–	–	–	–	–	–
Net income	−16.9	−12.7	−23.9	−6.9	−122	−110
EBIT, normalized	−70.4	−81.9	−183	−136	−122	−110
EBITDA, normalized	−30.7	−68.4	−174	−130	−117	−104
Basic EPS, normalized	0.20	−0.05	−0.37	−0.13	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Symbotic Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	1,245	727	546	353	157	58.3
Receivables	368	420	190	105	63.4	2.5
Total inventory	164	106	136	91.9	33.6	16.5
Prepaid expenses	92.0	100	85.2	25.7	6.4	2.6
Other current assets	20.5	1.9	34.6	29.1	0.5	132
Total current assets	1,890	1,356	992	605	260	212
Property, plant & equipment	141	112	46.9	24.9	18.6	9.2
Goodwill	59.9	–	–	–	–	–
Intangibles	79.1	3.7	0.2	0.7	1.2	1.5
Long-term investments	123	81.3	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	108	25.7	11.8	0.3	0.3	2.7
Total assets	2,401	1,579	1,051	631	281	225
Liabilities
Accounts payable	287	175	110	68.4	28.0	6.0
Payable/accrued	–	–	–	–	–	–
Accrued expenses	200	166	128	60.3	49.5	19.8
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	1,242	676	787	394	259	121
Total current liabilities	1,729	1,017	1,025	523	337	147
Long-term debt	0	0	0	0	0	0
Minority interest	262	193	−2.8	61.8	–	–
Other liabilities	189	171	28.0	39.4	221	262
Total liabilities	2,180	1,381	1,051	624	558	409
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.1	0.1	0.1	0.1	162	18.8
Additional paid-in capital	1,565	1,524	1,312	1,296	27.0	0
Retained earnings (accumulated deficit)	−1,341	−1,324	−1,310	−1,287	−1,155	−857
Treasury stock	–	–	–	–	–	–
Other equity	−2.7	−2.6	−1.7	−2.3	689	654
Total equity	221	197	0.1	7.2	−277	−184
Total liabilities & shareholders' equity	2,401	1,579	1,051	631	281	225

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Symbotic Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−91.0	−84.7	−208	−139	−122	−110
Depreciation, depletion & amortization	39.6	23.5	11.3	6.0	4.5	5.7
Deferred taxes	−4.2	3.9	−4.6	0	0	0
Non-cash items	209	136	179	31.0	0.1	0.2
Changes in working capital	714	−137	253	−46.1	227	−20.6
Cash from operations	867	−58.1	231	−148	110	−124
Investing activities
Capital expenditures	−79.0	−42.2	−15.7	−17.9	−12.2	−5.1
Other investing cash flows	−272	199	−284	0	0	0
Cash from investing	−351	156	−299	−17.9	−12.2	−5.1
Financing activities
Financing cash flow items	−4.2	−51.4	−26.7	−300	–	–
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	4.9	422	2.6	662	0	100
Cash from financing	0.7	371	−24.1	362	0	100
Foreign exchange effects	0	0	0.2	0.6	1.0	−0.7
Net change in cash	517	469	−92.5	197	98.4	−30.0
Free cash flow	788	−100	215	−166	97.4	−129

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.