---
title: "SYM: Revenue up 22% year-over-year with $55M net income; strong cash, but high customer concentration risk"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295010221.md"
description: "Revenue grew 22% year-over-year for the quarter and 24% for the nine months, with net income of $55.0 million for the quarter and $77.8 million for the nine months. Strong cash position, significant backlog, and improved margins were reported, but risks include high customer concentration and ongoing internal control remediation.Original document: Symbotic Inc. [SYM] SEC 10-Q Quarterly Report — Aug. 5 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-05T20:26:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295010221.md)
  - [en](https://longbridge.com/en/news/295010221.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295010221.md)
generator: "portal-rs"
---

# SYM: Revenue up 22% year-over-year with $55M net income; strong cash, but high customer concentration risk

Revenue grew 22% year-over-year for the quarter and 24% for the nine months, with net income of $55.0 million for the quarter and $77.8 million for the nine months. Strong cash position, significant backlog, and improved margins were reported, but risks include high customer concentration and ongoing internal control remediation.

Original document: Symbotic Inc. \[SYM\] SEC 10-Q Quarterly Report — Aug. 5 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**