SYMRobots, but make it profitable
Symbotic came out of the second quarter of fiscal 2026 looking a little less like a futuristic science project and a little more like an actual business. Revenue climbed to $676 million, up 23% year over year, while net income turned positive at $9 million after a $10 million loss a year ago.
Adjusted EBITDA also did the heavy lifting here, more than doubling to $78 million from $35 million. Translation: the company’s AI-powered warehouse robots aren’t just moving boxes — they’re starting to throw off real operating leverage, which is the kind of thing investors like to see before they start daydreaming about a long runway.
Why this matters
For a company like Symbotic, the market usually cares about two things:
- Can it keep growing fast?
- Can it do that without setting piles of cash on fire?
This quarter answers both with a firmer “yes” than before. Revenue is still expanding nicely, and the move back to profitability suggests the business is maturing, not just sprinting around in startup sneakers.
Big picture
The warehouse automation theme has always sounded cool. But now the numbers are starting to sound cool too. If Symbotic can keep pairing growth with improving earnings, investors may start treating it less like a moonshot and more like a real platform business with staying power.