Symbotic Q2 Revenue Climbs 23% to $676M with Net Income of $9M
Symbotic posted Q2 2026 revenue of $676 million, a 23% year-over-year increase, and achieved net income of $9 million after a prior-year loss of $10 million. Adjusted EBITDA more than doubled to $78 million, cash and cash equivalents rose to $2.0 billion, and total systems in deployment reached 70.
1. Second Quarter Financial Results
Symbotic reported Q2 2026 revenue of $676 million, up 23% from $549 million in the prior year period, and delivered net income of $9 million compared with a net loss of $10 million a year earlier. Adjusted EBITDA reached $78 million, more than double the $35 million recorded in Q2 2025.
2. Strengthened Cash Position
Cash and cash equivalents increased to $2.0 billion at quarter end, up from $1.8 billion at the end of Q1 2026, bolstering the company’s liquidity to fund continued technology development and deployments.
3. Deployment Growth
Total number of Symbotic robotic systems in customer operations rose to 70, reflecting growing adoption across retail, wholesale, food & beverage, and medical supply distribution sectors.
4. Third Quarter Outlook
For Q3 2026, Symbotic forecasts revenue between $700 million and $720 million with adjusted EBITDA projected at $80 million to $85 million, signaling continued margin expansion and sales momentum.