Revenue Performance - Total revenue for the three months ended December 24, 2022, was $206.3 million, a 168% increase from $77.1 million for the same period in 2021 [128]. - Systems revenue increased by 178% to $197.9 million, driven by 22 system deployments in progress compared to 9 in the same quarter of the previous year [131]. - Software maintenance and support revenue increased by 27% to $1.2 million, attributed to two additional sites under maintenance contracts [132]. - Operation services revenue grew by 47% to $7.2 million, due to three additional operating sites compared to the previous year [134]. - Other income, net rose to $1.8 million for the three months ended December 24, 2022, an increase of $1.8 million (8236%) from $22,000 in the same period in 2021 [141]. Profitability - Gross profit for the three months ended December 24, 2022, was $35.2 million, up from $14.5 million in the same period in 2021, reflecting a significant increase in systems gross profit [135]. - The increase in software maintenance and support gross profit was negatively impacted by higher costs associated with an expanded technical support team [136]. - Adjusted EBITDA for the three months ended December 24, 2022 was a loss of $16.3 million, an improvement from a loss of $21.3 million for the same period in 2021 [149]. - Gross profit increased to $35.2 million for the three months ended December 24, 2022, compared to $14.5 million for the same period in 2021 [149]. Expenses - Research and development expenses rose by 129% to $50.7 million, accounting for 25% of total revenue, primarily due to increased employee-related costs [137]. - Selling, general, and administrative expenses increased by $38.7 million (252%) to $54.0 million for the three months ended December 24, 2022, compared to $15.4 million for the same period in 2021 [139]. - Total cost of revenue for the three months ended December 24, 2022, was $171.1 million, up from $62.6 million in the same period in 2021 [128]. Cash Flow and Financial Position - Net cash provided by operating activities was $101.1 million for the three months ended December 24, 2022, compared to $40.0 million for the same period in 2021 [154]. - Cash and cash equivalents balance was $350.7 million as of December 24, 2022, with short-term available for sale marketable securities of $96.8 million [160]. - The company expects its current cash and cash equivalents, unrestricted marketable securities, and forecasted cash flows to meet foreseeable cash needs for at least the next 12 months [161]. - Vendor commitments total $814.5 million, with $774.4 million due within the next year [162]. Tax and Compliance - The company incurred an income tax expense of $0.3 million for the three months ended December 24, 2022, related to state income taxes [142]. - As of December 24, 2022, the company had no off-balance sheet arrangements [164]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures [166]. Future Outlook - The company is expected to continue generating systems revenue from the ongoing Master Automation Agreement with Walmart, which involves installations across all 42 regional distribution centers [131]. - The increase in employee-related costs was primarily due to headcount growth to support system deployments and business transformation [139].

Symbotic Inc. (NASDAQ:SYM) Q1 2023 Earnings Conference Call January 30, 2023 5:00 PM ET Company Participants Jeff Evanson - Vice President, Investor Relations Rick Cohen - Founder, Chairman and Chief Executive Officer Tom Ernst - Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Andrew Kaplowitz - Citi Mark Delaney - Goldman Sachs Nicole DeBlase - Deutsche Bank James Ricchiuti - Needham & Company Michael Latimore - Northland Capital Markets Chris Snyder - UBS Rob Mason - ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 24, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40175 SYMBOTIC INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpo ...

Symbotic Inc. (NASDAQ:SYM) Q4 2022 Results Conference Call November 21, 2022 5:00 PM ET Company Participants Jeff Evanson - VP, IR and Corporate Development Richard Cohen - CEO Tom Ernst - CFO Conference Call Participants Piyush Awasthi - Citi James Ricchiuti - Needham Chris Snyder - UBS Matt Summerville - D.A. Davidson Mark Delaney - Goldman Sachs Mike Latimore - Northland Capital Markets Brian Gesuale - Raymond James Derek Soderberg - Cantor Fitzgerald Rob Mason - Baird Operator Good day and thank you for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 25, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to Commission file number 001-40175 SYMBOTIC INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation o ...

Symbotic Inc. (NASDAQ:SYM) Q3 2022 Earnings Conference Call August 1, 2022 5:00 PM ET Company Participants Jeff Evanson - VP, IR and Corporate Development Rick Cohen - Founder and Chairman Michael Loparco - CEO Tom Ernst - CFO Conference Call Participants Matt Summerville - DA Davidson Mark Delaney - Goldman Sachs Mike Latimore - Northland Capital Markets Nicole DeBlase - Deutsche Bank Derek Soderberg - Cantor Fitzgerald Rob Mason - Baird James Ricchiuti - Needham Joe Giordano - Cowen Operator Good day, and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SVF INVESTMENT CORP. 3 (Exact name of registrant as specified in its charter) Cayman Islands 001-40175 98-1572401 (State or other jurisdiction of in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SVF INVESTMENT CORP. 3 (Exact name of registrant as specified in its charter) Cayman Islands 001-40175 98-1572401 (State or other jurisdiction of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SVF INVESTMENT CORP. 3 (Exact name of registrant as specified in its charter) Cayman Islands 001-40175 98-1572401 (State or other jurisdiction o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SVF INVESTMENT CORP. 3 (Exact name of registrant as specified in its charter) Cayman Islands 001-40175 98-1572401 (State or other jurisdiction of inc ...