Symbotic
SYMBQ1 2026Estimated53% AI
AI Revenue %
53%
AI Fair Value
$9.6B
AI Revenue (Q)
$257.9M
Total Revenue (Q)
$486.7M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2026 (ended Dec 27, 2025) revenue was $630.0M: Systems $590.3M, SMS $10.9M, Ops $28.8M. This is the first quarter of GAAP profitability: net income $13.4M vs net loss of $(16.9M) in prior year Q1. System gross margin improved to ~20.4%. Software maintenance nearly doubled YoY ($10.9M vs $5.5M). International revenue emerged at $24.3M (4% of total). Backlog of approximately $22.3 billion. GreenBox rebranded as Exol. System gross margins crossing 20% indicate improved operating leverage, though hardware still dominates cost structure. No explicit AI revenue disclosure. Maintaining 53% estimate. Math: ($590.3M * 0.53 + $10.9M * 0.90 + $28.8M * 0.35) / $630.0M = ($312.9M + $9.8M + $10.1M) / $630.0M = $332.8M / $630.0M = 52.8%, rounded to 53%.
Analyzed by claude-opus-4-6
Quoted Figures
Three months ended December 27, 2025: Revenue Systems $590,292K, Software maintenance and support $10,885K, Operation services $28,808K, Total $629,985K
10-Q for period ended Dec 27, 2025, Consolidated Statements of Operations
Operating income of $6,526K for three months ended December 27, 2025 (first quarter of operating profitability)
10-Q for period ended Dec 27, 2025, Consolidated Statements of Operations
We have approximately $22.3 billion of backlog as of December 27, 2025
10-Q for period ended Dec 27, 2025, Item 2 MD&A
Revenue by geographical region: United States $605,637K, International $24,348K
10-Q for period ended Dec 27, 2025, Segment Data Note
AI Products Identified (Ring 1)
Symbotic System (AI-powered autonomous warehouse robots)AI/ML fleet coordination softwareComputer vision-based case identificationML-based path planning and inventory placement optimizationExol (f/k/a GreenBox) warehouse-as-a-service (AI-managed)ASR micro-fulfillment systems (AI-powered)Breakpack system (case-to-each, in development)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Physical Symbot robot hardwareStorage structure/racking infrastructureInbound sorting and outbound palletizing cellsInstallation and commissioning laborMicro-fulfillment hardware
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix