Symbotic Inc., an automation technology company, provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. It offers The Symbotic System, a full-service warehouse automation system that reduces costs, improves efficiency, and maximizes inventory. The company is based in Wilmington, Massachusetts.

Symbotic Inc.

Symbotic® has developed proprietary and innovative robotics and software to deliver an advanced automation solution to make the supply chain faster, more efficient and more profitable for manufacturers, distributors and retailers of all sizes. 

In assembling our talented workforce, we’ve brought together some of the region and industry’s top intellectuals, engineers and other multifaceted professionals. Many of our employees are mechanical, electrical and software engineers, but we’re always on the lookout for talented professionals looking to join our team. Search our jobs database or contact us directly at careers@symbotic.com

Symbotic is headquartered in Wilmington, MA, and has offices in Montreal, QC, Canada.

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SoftBank Vision Fund

Symbotic

We will release our Q1 FY-2024 financial results on Monday, February 5. Join us for a live discussion via webcast that day at 5 p.m. ET. Register here: https://lnkd.in/g5_nZcMB

$SYM #reinventthewarehouse #reimaginethesupplychain

You're invited to a viewing party for "OnBoard the Film," Wednesday, January 24, 5:30 p.m.!

Don't miss this opportunity to see the award-winning documentary, "OnBoard the Film: Black Women on Boards," followed by a conversation with the film's Executive Producer Merline Saintil, Symbotic Board member and co-founder of Black Women on Boards; NSBE Boston President Alexis Smith, Director of Operations and Manufacturing and Supply Chain at SatioDX; and Women Who Code Boston Director Sumita Palanisamy, Director of Engineering at CarGurus and BOD, Board Ready Bootcamp graduate.

Symbotic has been recognized as a top employer in the Boston area. We’re excited to share that we earned a place on the 100 Best Large Places to Work in Boston list! Check out our profile and the full list of winners: https://lnkd.in/e2RCRJ5q

The Best Places to Work Awards annual program includes companies of all sizes, from startups to those in the enterprise, and honors employers across the U.S. Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation and benefits.

Our Spring HQ co-op students started off their first week with a tour of our Integrated Test Center in Wilmington.

We're so excited to welcome them to the team as we explore new horizons together and make a real impact in the world of technology. Their journey will be filled with innovation, collaboration and endless opportunities to learn and grow. 

#technology #software #robotics #engineering #automation #innovation #supplychain #reinventthewarehouse #reimaginethesupplychain

As we ring in the New Year, we look ahead to a bright, exciting future full of new possibilities! Wishing you a happy, healthy, and prosperous 2024! 🎉  #HappyNewYear #NewBeginnings

Join the dynamic Symbotic IT Operations team! As an IT Systems Architect, you will lead IT architecture – overseeing design, deployment, and operations. Develop and implement robust IT architecture strategies for 24/7 x 365 support, ensuring resilient and reliable operations across corporate and customer sites.

Apply today: https://ow.ly/liEq50QkhKB

 #ITOperations #SymboticCareers #Innovation #Robotics

Happy Kwanzaa! May this festive season bring you joy, unity, and the blessings of the Nguzo Saba – the Seven Principles that guide and inspire us. These principles are not only the foundation of Kwanzaa but also echo the spirit of collaboration and accountability that defines Symbotic.

#Unity #SelfDetermination #CollectiveWorkandResponsibility #Accountability #CooperativeEconomics #Collaboration #Purpose #Creativity #Faith

May this Boxing Day be a time of joy, relaxation, and celebration. Take this opportunity to recharge, spend quality time with loved ones, and reflect on the victories – big and small – that have made this year memorable. As you gather together with friends and family, we extend our warmest wishes!

#BoxingDay #HappyBoxingDay #HappyHolidays #Strength #Resilience #Teamwork #Determination

We extend our warmest wishes for a Merry Christmas filled with joy, laughter, and the company of loved ones. May the spirit of the season bring you peace and happiness, and may the coming year be filled with new opportunities and achievements.

#MerryChristmas #HappyHolidays

Join Symbotic as a Senior Technology Director, DevOps, and Microservices, where your passion and talent will drive innovative solutions for high-volume applications. This role is integral to the Engineering leadership team within the CTO organization, collaborating with cross-functional teams to design and deliver cutting-edge Logistics and Warehouse Automation Solutions. Your expertise will be crucial in supporting high-availability and scalable infrastructure, contributing to a dynamic environment where technology enthusiasts thrive.

 #DevOps #WarehouseAutomation #Engineering #Innovation #SymboticCareers

	Sep '19	Sep '20	Sep '21	Sep '22	Sep '23	Sep '24
revenue	100.12M -	92.09M 8.03%	251.91M 173.56%	593.31M 135.52%	1.18B 98.36%	1.82B 54.84%
cost of revenue	120.09M -	111.02M 7.55%	241.47M 117.51%	493.67M 104.44%	987.15M 99.96%	1.54B 56.26%
gross profit	-19.96M -	-18.93M 5.18%	10.45M 155.19%	99.65M 853.83%	189.74M 90.41%	279.73M 47.43%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	36.74M -	35.59M 3.13%	59.44M 67.04%	115.88M 94.95%	217.93M 88.06%	188.93M 13.30%
research and development expenses	49.09M -	55.86M 13.79%	73.39M 31.37%	124.14M 69.16%	195.04M 57.11%	173.46M 11.07%
other expenses	1.43M -	809K 43.51%	67K 91.72%	1.29M 1,819.40%	10.72M 733.28%
cost and expenses	205.92M -	202.46M 1.68%	374.29M 84.87%	733.69M 96.02%	1.40B 90.83%	1.90B 36.05%
operating expenses	85.83M -	91.45M 6.55%	132.83M 45.25%	240.02M 80.70%	412.97M 72.05%	362.39M 12.25%
interest expense				-1.29M -
ebitda	-98.44M -	-104.64M 6.30%	-117.89M 12.66%	-134.39M 13.99%	-211.92M 57.69%	-82.66M 60.99%
operating income	-105.79M -	-110.38M 4.33%	-122.38M 10.88%	-140.38M 14.70%	-223.23M 59.02%	-82.66M 62.97%
depreciation and amortization	7.35M -	5.73M 22.02%	4.49M 21.68%	5.99M 33.36%	11.31M 88.86%
total other income expenses net	1.43M -	809K 43.51%	67K 91.72%	1.29M 1,819.40%	10.72M 733.28%	37.04M 245.67%
income before tax	-104.36M -	-109.57M 4.99%	-122.31M 11.63%	-139.09M 13.71%	-212.51M 52.79%	-45.62M 78.53%
income tax expense		-47K -		-61.38M -	-4.62M 92.47%	-4.21M 8.83%
net income	-104.36M -	-109.52M 4.94%	-122.31M 11.68%	-77.71M 36.47%	-23.87M 69.29%	-41.41M 73.51%
weighted average shs out	50.66M -	50.66M 0%	50.66M 0%	54.09M 6.75%	64.34M 18.96%	95.70M 48.74%
weighted average shs out dil	50.66M -	50.66M 0%	50.66M 0%	54.09M 6.75%	64.34M 18.96%	95.70M 48.74%
eps	-2.06 -	-2.16 4.85%	-2.41 11.57%	-1.44 40.25%	-0.37 74.31%	-0.43 16.22%
epsdiluted	-2.06 -	-2.16 4.85%	-2.41 11.57%	-1.44 40.25%	-0.37 74.31%	-0.43 16.22%

COM:SYMBOTIC

Symbotic

Last Close

36.27

22/11 21:00

Market Cap

3.73B

Beta: -

Volume Today

2.22M

Avg: -

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