← Symbotic Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||
| Net loss | ($109.5m) | ($6.5m) | ($139.1m) | ($207.9m) | ($84.7m) | ($91.0m) | |
| Net Income (Loss) Attributable to Parent | — | ($6.5m) |
($72.1m)
-1013.91%
|
($23.9m)
+66.91%
|
($13.5m)
+43.48%
|
($16.9m)
-25.55%
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | ($139.1m) | ($207.9m) | ($84.7m) | ($91.0m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | ($184.0m) | ($71.2m) | ($74.1m) | |
| Depreciation, Depletion and Amortization | $5.7m | $4.5m | $6.0m | $11.3m | $23.5m | $39.6m | |
| Amortization of Intangible Assets | — | — | $500k | $400k | $500k | $14.5m | |
| Depreciation | $5.7m | $4.5m | $6.0m | $11.3m | $13.0m | $25.2m | |
| Amortization of leases | — | — | — | $1.8m | $2.6m | $4.5m | |
| Deferred Income Tax Expense (Benefit) | — | — | $0 | ($4.9m) | $3.9m | ($4.2m) | |
| Deferred taxes, net | ($47k) | $0 | $0 | ($4.6m) | $3.9m | ($4.2m) | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $26.9m | $154.2m | $112.2m | $183.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $26.7m | $3.2m | $3.0m | |
| Share-based Payment Arrangement, Expense | — | — | $26.9m | $154.2m | $112.2m | $174.4m | |
| Stock-based compensation | $71k | $97k | $26.9m | $154.2m | $112.2m | $183.9m | |
| Payment for taxes related to net share settlement of stock-based compensation awards | — | $0 | $0 | ($26.7m) | ($3.2m) | ($3.0m) | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | $0 | |
| Income (Loss) from Equity Method Investments | — | — | — | — | ($777k) | ($13.7m) | |
| Nonoperating Income (Expense) | — | $16k | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $1.3m | $10.7m | $37.0m | $36.1m | |
| Loss from equity method investment | — | — | — | $0 | $777k | $13.7m | |
| Changes in operating assets and liabilities: | |||||||
| Increase (Decrease) in Accounts Receivable | — | — | $508k | $65.8m | $132.3m | ($15.1m) | |
| Accounts receivable | $342k | ($1.6m) | ($508k) | ($65.8m) | ($132.3m) | $15.1m | |
| Increase (Decrease) in Inventories | — | — | $59.6m | $66.4m | ($103k) | $58.9m | |
| Inventory Write-down | — | — | — | $22.3m | $33.3m | $7.1m | |
| Provision for excess and obsolete inventory | — | $0 | $987k | $22.3m | $33.3m | $7.1m | |
| Inventories | ($5.7m) | ($16.8m) | ($59.6m) | ($66.4m) | $103k | ($58.9m) | |
| Transfer of inventories to property and equipment | — | — | $0 | $0 | $38.5m | $16.6m | |
| Increase (Decrease) in Accounts Payable | — | $188k | $41.5m | $41.4m | $65.3m | $96.9m | |
| Accounts payable | ($4.8m) | $188k | $41.5m | $41.4m | $65.3m | $96.9m | |
| Accrued expenses and other current liabilities | $644k | $3.2m | $37.9m | $64.7m | $38.5m | $10.4m | |
| Deferred revenue | ($39.1m) | $67.1m | $80.4m | $361.5m | $18.3m | $606.4m | |
| Prepaid expenses and other current assets | $21k | $3.7m | ($121.1m) | ($78.9m) | ($112.0m) | $70.4m | |
| Other assets | ($1.4m) | $2.3m | $49k | ($18.6m) | ($8.3m) | $8.7m | |
| Other liabilities | ($2.4m) | $1.5m | $3.9m | $20.1m | ($1.2m) | ($11.9m) | |
| Net Cash Provided by (Used in) Operating Activities | ($124.3m) |
($3.4m)
+97.28%
|
($148.2m)
-4282.37%
|
$230.8m
+255.68%
|
($58.1m)
-125.16%
|
$866.9m
+1592.74%
|
|
| Cash flows from investing activities: | |||||||
| Payments to Acquire Property, Plant, and Equipment | ($5.1m) | ($12.2m) | $17.9m | $15.7m | $42.2m | ($79.0m) | |
| Gain (Loss) on Investments | — | — | — | — | $10.1m | $0 | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | $130.0m | $340.0m | $0 | |
| Gain on investments | — | — | $0 | $0 | ($10.1m) | $0 | |
| Acquisitions of strategic investments | — | — | $0 | $0 | ($90.5m) | ($129.9m) | |
| Proceeds from maturities of marketable securities | — | $0 | $0 | $130.0m | $340.0m | $0 | |
| Purchases of marketable securities | — | $0 | $0 | ($408.2m) | ($48.7m) | $0 | |
| Cash paid for business acquisitions | — | — | — | $0 | $0 | ($141.8m) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($320.0m) | ($17.9m) | ($299.5m) | $156.5m | ($350.7m) | |
| Cash flows from financing activities: | |||||||
| Proceeds from Issuance of Common Stock | — | — | — | $2.6m | $258.0m | $0 | |
| Net proceeds from issuance of common stock under employee stock purchase plan | — | — | $0 | $2.6m | $5.7m | $4.9m | |
| Proceeds from issuance of Class A Common Stock | — | $0 | $0 | $2.6m | $258.0m | $0 | |
| Net Cash Provided by (Used in) Financing Activities | — | $324.2m |
$362.4m
+11.80%
|
($24.1m)
-106.65%
|
$371.0m
+1639.50%
|
$668k
-99.82%
|
|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | ($30.0m) | $813k | $196.8m | ($92.5m) | $469.4m | $516.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $813k | $196.8m | ($92.5m) | $469.4m | $516.8m | |
| Cash, cash equivalents, and restricted cash —beginning of period | $58.3m | $156.6m | $353.5m | $260.9m | $730.4m | $1.2b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $353.5m | $260.9m | $730.4m | $1.2b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $572k | $232k | ($4k) | ($26k) | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ($679k) | $971k | $572k | $232k | ($4k) | ($26k) | |
| Additional Supplementary Disclosures | |||||||
| Additional Supplementary Disclosures | |||||||
| Additional Supplementary Disclosures | |||||||
| Additional Financial Items | |||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | ($25k) | $3k | $8k | $33k | |
| Gain (Loss) on Disposition of Assets | — | — | ($4.1m) | ($2.9m) | ($337k) | ($264k) | |
| General and Administrative Expense | — | $6.4m | — | — | — | — | |
| Goodwill | — | — | — | — | — | $59.9m | |
| Income Tax Expense (Benefit) | — | — | $0 | ($4.6m) | $4.2m | ($1.6m) | |
| Operating Expenses | — | — | $240.0m | $413.0m | $362.4m | $537.6m | |
| Operating Lease, Expense | — | — | $2.4m | — | — | — | |
| Restructuring of leases | — | — | — | $0 | $0 | $3.5m | |
| Foreign currency gains | $33k | $53k | $25k | ($3k) | ($8k) | ($33k) | |
| Loss on disposal of assets | $51k | $0 | $4.1m | $2.9m | $337k | $264k | |
| Gain from strategic investment fair value adjustment | — | — | — | $0 | $0 | ($4.5m) | |
| Deferred expenses | $31.8m | $132.7m | ($28.7m) | ($5.4m) | ($4.9m) | $22.0m | |
| Acquisition-related consideration paid to customer | — | — | — | $0 | $0 | ($45.0m) | |
| Proceeds from sale of assets | $12k | $0 | $0 | $71k | $0 | $0 | |
| Proceeds from exercise of warrants | $0 | $0 | $277.8m | $0 | $158.7m | $0 | |
| Distributions to or on behalf of Symbotic Holdings LLC partners | — | — | $0 | $0 | ($48.2m) | ($1.2m) | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | — | — | $0 | $8.7m | $5.8m | $13.1m | |
| Warrant associated with supplier agreement | — | — | $0 | $0 | $12.3m | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.