Warehouse
Symbotic reported $721 million in revenue for the quarter, up 22% on a year earlier, with 77 systems being installed.
A dated step forward on the record · Company-reported · Sets Symbotic's stage
What the source says
“Looking ahead, we see a continuation of our profitable growth trajectory supported by 77 systems in deployment.”
What it means
Symbotic, from Symbotic, is at stage 4 of 5 on our ladder: paying customers. This event is one of the milestones that placed it there. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: Our sources report it working without human help.
More on Symbotic
- Symbotic reported about $22.5 billion of signed work still to be delivered (its backlog).
- Walmart made up about 85% of Symbotic's revenue in the year to September 2025.
- As part of that deal, Walmart agreed to pay $520 million to develop and buy 400 small automated pickup systems for the back rooms of its stores.
- Symbotic was putting its robot system into all 42 of Walmart's regional distribution centers in the US.
- Symbotic bought Walmart's own robotics business, Advanced Systems and Robotics.
- Symbotic said it had found errors in how it counted revenue, restated its 2024 quarterly results and could not file its annual report on time.