Symbotic
SYMBQ4 2025Estimated53% AI
AI Revenue %
53%
AI Fair Value
$9.6B
AI Revenue (Q)
$333.9M
Total Revenue (Q)
$630.0M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
FY2025 annual 10-K (ended Sep 27, 2025). The 10-K describes systems using 'proprietary robotics and A.I.-powered software for the movement and storage of goods.' Patent portfolio expanded to approximately 1,100 patents. Backlog of approximately $22.5 billion. Customer A (Walmart) at 84.6% of revenue (diversification continuing). The ASR acquisition is fully integrated, adding micro-fulfillment AI capabilities. The company now automates 'pallets, cases and items (known as eaches)' with the Breakpack system in development. Software maintenance and operation services are growing as a share of revenue mix, which carry higher AI attribution. Incrementally raising to 53% given increased AI maturity, larger patent portfolio, and expanding AI product surface area.
Analyzed by claude-opus-4-6
Quoted Figures
Customer A [Walmart] accounted for 84.6% of total revenue for the year ended September 27, 2025
10-K for fiscal year ended Sep 27, 2025, Item 8 Significant Customers
Our systems are designed to increase efficiency, speed and flexibility of the supply chain by using proprietary robotics and A.I.-powered software for the movement and storage of goods. Our intellectual property is protected by a portfolio of approximately 1,100 issued and/or pending patents.
10-K for fiscal year ended Sep 27, 2025, Item 1 Business
We have approximately $22.5 billion of backlog as of September 27, 2025
10-K for fiscal year ended Sep 27, 2025, Item 1 Business
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 optimizationGreenBox/Exol 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