Filing Flows › Symbotic (SYM) › Q2 FY26
Symbotic (SYM) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 6, 2026
Symbotic (SYM) reported revenue of $676M for the second quarter fiscal 2026 (Q2 FY26), +23% from a year earlier and +7% from the quarter before. Operating margin was 0.9%, net earnings $2.0M (0.3% of revenue).
Symbotic, Q2 FY26: revenue $676M (+23% year over year), operating margin 0.9%, net earnings $2.0M, operating cash flow $261M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $676M | +7% | +23% |
| Gross profit | $150M | +12% | +35% |
| Operating profit | $6.1M | -7% | — |
| Net earnings | $2.0M | -24% | — |
| Operating cash flow | $261M | +36% | -3% |
| Free cash flow | $218M | — | -12% |
What changed
Revenue was $676.5M in Q2 FY26, up 23% year over year and up 7% from the previous quarter. Systems was the largest line at 94% of revenue. Systems added $121.1M year over year (up 24%), 96% of the total change. Operation services declined 2%.
Gross margin was 22.2%, up 2.0 points from Q2 FY25. Operating profit was $6.1M, a 0.9% margin (up 4.6 points year over year). Operating expenses grew 10% against revenue growth of 23%. The fastest-growing cost line was SG&A (+26%). Net earnings were $2.0M. The effective tax rate was 5.7%. Non-operating items added $3.9M, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $261.3M (down 3% year over year), 2772% of net income including minority interests. Non-cash charges added back $11.3M of depreciation and amortization and $48.5M of share-based compensation. Working capital and other items added $192.0M. After purchases of property and equipment and capitalization of internal use software development costs ($43.4M), free cash flow as the company reports it was $218.0M.
Questions
What was Symbotic's revenue in the second quarter fiscal 2026?
Symbotic (SYM) reported revenue of $676M for the second quarter fiscal 2026 (Q2 FY26), +23% from a year earlier and +7% from the quarter before.
Was Symbotic profitable in the second quarter fiscal 2026?
Operating profit was $6.1M (0.9% of revenue) and net earnings $2.0M.
Source: Symbotic 10-Q on SEC EDGAR.