Home / Business and Economy / Symbotic Stock Soars on Q4 Growth Surge
Symbotic Stock Soars on Q4 Growth Surge
26 Nov
Summary
- Symbotic's stock price increased over 39% on Tuesday.
- Revenue grew 10% year-over-year to $618 million.
- New client Medline secured in healthcare sector.
Symbotic, a leader in warehouse automation, saw its stock price jump dramatically by over 39% on Tuesday. This surge followed the company's strong performance in the fiscal fourth quarter, where revenue climbed 10% year-over-year to $618 million. The increased operational use of Symbotic's robotics systems nearly doubled during this period, indicating robust market adoption.
The company's AI-powered supply chain solutions are increasingly sought after. Symbotic has been innovating its technology, introducing micro-fulfillment solutions for e-commerce and upgrading its storage structure. A significant development was securing Medline, a major medical supply distributor, as a new client, representing Symbotic's entry into the healthcare vertical.
Symbotic's financial health also showed improvement, with adjusted gross margin rising to 22.1% and adjusted EBITDA increasing by 9% to $49 million. Looking ahead, the company projects revenue growth of 25%-29% for the first fiscal quarter of 2026, signaling continued expansion and market confidence in its advanced automation technologies.
