Symbotic Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue:
Total cost of revenue $77.0m $241.5m $493.7m $987.2m $1.5b $1.8b
Gross profit ($18.9m) $10.4m $99.6m $189.7m $245.7m $422.6m
Total operating expenses $91.4m $132.8m $240.0m $413.0m $362.4m $537.6m
Restructuring charges $0 $0 $22.9m
Operating loss ($110.4m) ($6.5m) ($140.4m) ($223.2m) ($116.7m) ($115.0m)
Other income, net $809k $67k $1.3m $10.7m $37.0m $36.1m
Loss before income tax and equity method investment ($139.1m) ($212.5m) ($79.7m) ($78.9m)
Loss from equity method investment $0 $0 ($777k) ($13.7m)
Net loss ($109.5m) ($122.3m) ($139.1m) ($207.9m) ($84.7m) ($91.0m)
Net loss attributable to noncontrolling interests ($60.1m) ($184.0m) ($71.2m) ($74.1m)
Net loss attributable to common stockholders ($109.5m) ($6.5m) ($72.1m) ($23.9m) ($13.5m) ($16.9m)
Basic (in dollars per share) ($0.38) ($2.57) ($3.23) ($0.88) ($0.84)
Diluted (in dollars per share) ($0.38) ($2.57) ($3.23) ($0.88) ($0.84)
Research and development expenses $55.9m $73.4m $124.1m $195.0m $173.5m $216.0m
Selling, general, and administrative expenses $35.6m $59.4m $115.9m $217.9m $188.9m $298.7m
Income tax benefit (expense) $47k $0 $0 $4.6m ($4.2m) $1.6m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.