Symbotic Reports Second Quarter Fiscal Year 2025 Results

By comparison, in the second quarter of fiscal year 2024, Symbotic had revenue of $393 million, a net loss of$55 million and adjusted EBITDA of $9 million. Cash and cash equivalents increased by$52 million from the prior quarter to $955 million at the end of the second quarter of fiscal year 2025. "Our execution has improved, and our margins expanded," said Symbotic Chairman and Chief Executive Officer Rick Cohen. "With stronger project execution and a compelling roadmap of product innovation, we remain w ...