Why Did Symbotic Plunge 18.09%? Mixed Earnings, Guidance Miss

On August 7, 2025, Symbotic's stock experienced a significant drop of 18.09% in pre-market trading, reflecting investor concerns and market reactions to recent financial reports and guidance.

Symbotic reported a 26% year-over-year revenue increase for the third quarter of fiscal year 2025, reaching $592 million. However, the company also reported a net loss of $32 million, which widened from the previous year, and missed Wall Street's profit expectations. This mixed performance led to a post-earnings sell-off, as investors were disappointed by the company's guidance for the next quarter, which fell short of analyst estimates.

The company's CEO highlighted new storage innovations and emphasized the long-term value of these changes, despite the temporary impact on short-term revenue. The CFO noted that the new storage structure would not affect the company's backlog or long-term growth prospects. This strategic focus on innovation and long-term value creation is aimed at reassuring investors and driving future growth.