Filing Flows › Symbotic (SYM) › Q2 FY26 › vs Q2 FY25
Symbotic (SYM) Q2 FY26 vs Q2 FY25 (year over year)
Symbotic's revenue rose $127M (+23%) from $550M in Q2 FY25 to $676M in Q2 FY26. The biggest changes: Systems +$121M (+24%); Software maintenance and support +$6.2M (+93%); Operation services −$534K (-2%). Gross margin 22.2% against 20.2% (+2.0 pts).
Symbotic, Q2 FY26: revenue $676M (+23% year over year), operating margin 0.9%, net earnings $2.0M, operating cash flow $261M. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Gross margin | 22.2% | 20.2% | +2.0 pts |
| Operating margin | 0.9% | -3.7% | +4.6 pts |
| Net margin | 0.3% | -0.3% | +0.6 pts |
| Free cash flow margin | 32.2% | 45.3% | -13.1 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Systems | $634M | $513M | $121M | +24% |
| Operation services | $29.1M | $29.6M | −$534K | -2% |
| Software maintenance and support | $12.9M | $6.7M | $6.2M | +93% |
| Revenue | $676M | $550M | $127M | +23% |
| Gross profit | $150M | $111M | $39.2M | +35% |
| Cost of revenue | $527M | $439M | $87.7M | +20% |
| Other income, net | $3.9M | $9.2M | −$5.3M | -58% |
| Operating profit | $6.1M | −$20.5M | $26.6M | — |
| Operating expenses | $144M | $131M | $12.6M | +10% |
| Pre-tax earnings | $10.0M | −$11.2M | $21.2M | — |
| Research & development | $51.3M | $58.0M | −$6.7M | -12% |
| SG&A | $92.6M | $73.3M | $19.3M | +26% |
| Net earnings | $2.0M | −$1.8M | $3.8M | — |
| Minority interests | $7.5M | −$8.0M | $15.5M | — |
| Income tax | $572K | −$1.4M | $2.0M | — |
| Depreciation & amortization | $11.3M | $11.2M | $170K | +2% |
| Share-based compensation | $48.5M | $30.9M | $17.6M | +57% |
| Working capital & other | $200M | $229M | −$29.8M | -13% |
| Operating cash flow | $261M | $270M | −$8.2M | -3% |
| Free cash flow (company-reported) | $218M | $249M | −$31.0M | -12% |
| Purchases of property and equipment and capitalization of internal use software development costs | $43.4M | $20.6M | $22.8M | +111% |
Questions
How much did Symbotic's revenue grow year over year in Q2 FY26?
Symbotic's revenue rose $127M (+23%) from $550M in Q2 FY25 to $676M in Q2 FY26.
What drove Symbotic's revenue change in Q2 FY26?
Systems +$121M (+24%); Software maintenance and support +$6.2M (+93%); Operation services −$534K (-2%).