Symbotic
SYMBQ3 2023Estimated48% AI
AI Revenue %
48%
AI Fair Value
$7.2B
AI Revenue (Q)
$149.7M
Total Revenue (Q)
$311.8M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2023 (ended Jun 24, 2023) revenue was $311.8M: Systems $302.4M, SMS $1.8M, Ops $7.7M. The filing references GreenBox joint venture transaction, indicating expanding deployment scale. No explicit AI revenue disclosure. System gross margin remained in the ~17% range, confirming heavy hardware cost component. However, increasing deployment maturity means the AI software value is becoming more established. Estimate: Systems 48%, SMS 85%, Ops 35%. Math: ($302.4M * 0.48 + $1.8M * 0.85 + $7.7M * 0.35) / $311.8M = ($145.2M + $1.5M + $2.7M) / $311.8M = $149.4M / $311.8M = 47.9%, rounded to 48%.
Analyzed by claude-opus-4-6
Quoted Figures
Three months ended June 24, 2023: Revenue Systems $302,350K, Software maintenance and support $1,768K, Operation services $7,719K, Total $311,837K
10-Q for period ended Jun 29, 2024 (comparative period)
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 optimization
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 labor
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix