SYM Q1 2024 Earnings — Symbotic Inc. Revenue & Financial Results | Market Cap Arena

SYMSymbotic Inc.

$31B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$360M+74.5% YoY

Gross Profit

$64M17.8% margin

Operating Income

-$25M-7.0% margin

Net Income

-$3M-0.8% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$33M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.2B

Stockholders' Equity

$161M

Cash & Equivalents

$486M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$360M	$206M	+74.5%
Gross Profit	$64M	$35M	+82.0%
Operating Income	-$25M	-$70M	+63.9%
Net Income	-$3M	-$7M	+60.6%

Revenue Segments

Systems

$356M97%

Operation Services

$10M3%

Software Maintenance And Support

$2M1%

Geographic Segments

UNITED STATES

$367M100%

CANADA

$1M0%