Filing Flows › Symbotic (SYM) › Q1 FY26
Symbotic (SYM) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 4, 2026
Symbotic (SYM) reported revenue of $630M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +2% from the quarter before. Operating margin was 1.0%, net earnings $2.6M (0.4% of revenue).
Symbotic, Q1 FY26: revenue $630M (+29% year over year), operating margin 1.0%, net earnings $2.6M, operating cash flow $192M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $630M | +2% | +29% |
| Gross profit | $133M | +12% | +65% |
| Operating profit | $6.5M | — | — |
| Net earnings | $2.6M | — | — |
| Operating cash flow | $192M | -64% | -7% |
| Free cash flow | $189M | — | -4% |
What changed
Revenue was $630.0M in Q1 FY26, up 29% year over year and up 2% from the previous quarter. Systems was the largest line at 94% of revenue. Systems added $126.2M year over year (up 27%), 88% of the total change.
Gross margin was 21.2%, up 4.5 points from a year earlier. Operating profit was $6.5M, a 1.0% margin (up 5.8 points year over year). Operating expenses grew 22% against revenue growth of 29%. The fastest-growing cost line was SG&A (+34%). Net earnings were $2.6M. The effective tax rate was 4.4%. Non-operating items added $7.4M, 53% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $191.5M (down 7% year over year), 1434% of net income including minority interests. Non-cash charges added back $8.7M of depreciation and amortization and $45.9M of share-based compensation. Working capital and other items added $123.5M. After purchases of property and equipment and capitalization of internal use software development costs ($2.1M), free cash flow as the company reports it was $189.5M.
Questions
What was Symbotic's revenue in the first quarter fiscal 2026?
Symbotic (SYM) reported revenue of $630M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +2% from the quarter before.
Was Symbotic profitable in the first quarter fiscal 2026?
Operating profit was $6.5M (1.0% of revenue) and net earnings $2.6M.
Source: Symbotic 10-Q on SEC EDGAR.