Symbotic Inc
For the period ended Sep 28, 2024. Filed Dec 4, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Dec 4, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except share and per share information)
| Year Ended | |||
|---|---|---|---|
| September 28, 2024 | September 30, 2023 | September 24, 2022 | |
| Revenue: | |||
| Systems | $1,705,440 | $1,138,059 | $567,993 |
| Software maintenance and support | 14,173 | 6,601 | 3,735 |
| Operation services | 68,566 | 32,231 | 21,584 |
| Total revenue | 1,788,179 | 1,176,891 | 593,312 |
| Cost of revenue: | |||
| Systems | 1,466,841 | 940,076 | 464,179 |
| Software maintenance and support | 8,949 | 9,222 | 4,390 |
| Operation services | 66,723 | 37,854 | 25,096 |
| Total cost of revenue | 1,542,513 | 987,152 | 493,665 |
| Gross profit | 245,666 | 189,739 | 99,647 |
| Operating expenses: | |||
| Research and development expenses | 173,457 | 195,042 | 124,141 |
| Selling, general, and administrative expenses | 188,934 | 217,927 | 115,881 |
| Total operating expenses | 362,391 | 412,969 | 240,022 |
| Operating loss | (116,725) | (223,230) | (140,375) |
| Other income, net | 37,042 | 10,716 | 1,286 |
| Loss before income tax and equity method investment | (79,683) | (212,514) | (139,089) |
| Income tax benefit (expense) | (4,212) | 4,620 | — |
| Loss from equity method investment | (777) | — | — |
| Net loss | (84,672) | (207,894) | (139,089) |
| Net loss attributable to Legacy Warehouse unitholders prior to the Business Combination | — | — | (72,134) |
| Net loss attributable to noncontrolling interests | (71,182) | (184,028) | (60,092) |
| Net loss attributable to common stockholders | $(13,490) | $(23,866) | $(6,863) |
| Loss per share of Class A Common Stock: (1) | |||
| Basic and Diluted | $(0.14) | $(0.37) | $(0.13) |
| Weighted-average shares of Class A Common Stock outstanding: | |||
| Basic and Diluted | 95,697,368 | 64,338,580 | 54,086,381 |
(1)Loss per share information has not been presented for periods prior to the Business Combination (as defined in Note 4, Mergers and Acquisitions), as it resulted in values that would not be meaningful to the users of these consolidated financial statements. Refer to Note 4, Mergers and Acquisitions for further information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.