SYM Q2 2024 Earnings — Symbotic Inc. Revenue & Financial Results | Market Cap Arena

SYMSymbotic Inc.

$31B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$393M+47.4% YoY

Gross Profit

$64M16.4% margin

Operating Income

-$65M-16.5% margin

Net Income

-$9M-2.2% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$18M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$417M

Cash & Equivalents

$901M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$393M	$267M	+47.4%
Gross Profit	$64M	$48M	+34.0%
Operating Income	-$65M	-$58M	-12.4%
Net Income	-$9M	-$6M	-44.0%

Revenue Segments

Systems

$402M95%

Operation Services

$20M5%

Software Maintenance And Support

$3M1%

Geographic Segments

UNITED STATES

$423M100%

CANADA

$997,0000%