Symbotic's quarterly revenue reached $721 million in the quarter ending June 27, 2026, but its TTM net income was only $8 million despite a $22.5 billion backlog.
Symbotic Inc. sells AI-enabled robotics and software automation platforms to large retail, wholesale, and food and beverage companies, operating 56 operational systems as of June 27, 2026. At scale, the company generated $2,646 million in revenue and $8 million in net income over the last year (TTM). Strengths: The company has a massive contracted backlog of $22.5 billion as of June 27, 2026, prov