Slides
Page 1
Ssymbotic Investor Presentation August 5 , 2026
Page 2
2 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential2 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential2 | © Symbotic Inc. All Rights Reserved DisclaimerForward Looking Statements This Presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, Symbotic’s expectations or predictions of future financial or business performance or conditions. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, next generation storage structure, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” or “intends” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s filings with the SEC, including the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Symbotic is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward- looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports, which Symbotic has filed or will file from time to time with the SEC.Any financial estimates in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Symbotic’s control. While all estimates are necessarily speculative, Symbotic believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the estimate extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the estimates. The inclusion of estimates in this communication should not be regarded as an indication that Symbotic, or its representatives, considered or consider the estimates to be a reliable prediction of future events.Annualized and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results.This Presentation is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Symbotic and is not intended to form the basis of an investment decision in Symbotic. All subsequent written and oral forward-looking statements concerning Symbotic and attributable to Symbotic or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above.Non-GAAP Financial MeasuresInformation contained in this presentation is unaudited and subject to change. This presentation contains financial measures that are not recognized under U.S. GAAP, including adjusted EBITDA and free cash flow. These non-GAAP financial measures have limitations as an analytical tool as they do not have a standardized meaning prescribed by U.S. GAAP. The non-GAAP financial measures Symbotic uses may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies and, therefore, are unlikely to be comparable to similar measures presented by other companies. Rather, these non-GAAP financial measures are provided as a supplement to corresponding U.S. GAAP measures to provide additional information regarding the results of operations from management’s perspective. Accordingly, non-GAAP financial measures should not be considered a substitute for, in isolation from, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. All non-GAAP financial measures presented in this presentation are reconciled to their closest reported U.S. GAAP financial measures. Symbotic recommends that investors review the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures provided in the financial statement tables included in this presentation, and not rely on any single financial measure to evaluate its business.Symbotic defines adjusted EBITDA, a non-GAAP financial measure, as GAAP net income (loss) excluding the following items: interest income; income taxes; depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; equity method investment; internal control remediation; business transformation costs; fair value adjustments on strategic investments; restructuring charges; and other infrequent items that may arise from time to time. Symbotic defines adjusted gross profit, a non-GAAP financial measure, as GAAP gross profit excluding the following items: depreciation, stock-based compensation, and restructuring charges. Symbotic defines adjusted gross profit margin, a non-GAAP financial measure, as adjusted gross profit divided by total revenue. Symbotic defines adjusted research and development expenses, a non-GAAP financial measure, as GAAP research and development expenses excluding the following items: depreciation and amortization of tangible and intangible assets and stock-based compensation. Symbotic defines adjusted selling, general, and administrative expenses, a non-GAAP financial measure, as GAAP selling, general, and administrative expenses excluding the following items: depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; internal control remediation; business transformation costs; and other infrequent items that may arise from time to time. Symbotic defines free cash flow, a non-GAAP financial measure, as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. In addition to Symbotic’s financial results determined in accordance with U.S. GAAP, Symbotic believes that adjusted EBITDA, adjusted gross profit, adjusted gross profit margin, adjusted research and development expenses, adjusted selling, general, and administrative expenses, and free cash flow non-GAAP financial measures, are useful in evaluating the performance of Symbotic’s business because they highlight trends in its core business.Use of Data The data contained herein is derived from various internal and external sources. The data involves many assumptions and limitations; therefore, there can be no guarantee as to the accuracy or reliability of such assumptions and you are cautioned not to give undue weight to the data. Further, no representation or warranty is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any estimates or modeling or any other information contained herein. Any data on past performance or modeling contained herein is not an indication as to future performance. Symbotic assumes no obligation to update the information in this Presentation. Trademarks and Trade Names Symbotic and its affiliates own or have rights to various trademarks, service marks and trade names that they use in connection with the operation of their respective businesses. This Presentation also contains trademarks, service marks and trade names of third parties, which are the property of their respective owners. The use or display of third parties’ trademarks, service marks, trade names or products in this Presentation is not intended to indicate, and does not imply, a relationship with Symbotic or any of its affiliates, or an endorsement or sponsorship by or of Symbotic or such affiliates. Solely for convenience, the trademarks, service marks and trade names referred to in this Presentation may appear without the TM, SM or ® symbols, but such references are not intended to indicate, in any way, that Symbotic, its affiliates or any third parties whose trademarks are referenced herein will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor in these trademarks, service marks and trade names.
Page 3
3 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential3 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential3 | © Symbotic Inc. All Rights Reserved OUR VISIONReimagine the Supply Chain®with Artificial Intelligence and Robotics and Transform the Distribution Networkinto a Strategic Asset
Page 4
4 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential4 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential4 | © Symbotic Inc. All Rights Reserved LABOR PRESSURESSKU PROLIFERATION EVOLVINGOMNI-CHANNELSTRATEGIES SYMBOTIC’S A.I. POWERED AUTOMATIONSYMBOTIC’S A.I. POWERED AUTOMATION EXISTENTIAL THREATSADDRESSED BYAddressing Existential Threats
Page 5
5 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential5 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential5 | © Symbotic Inc. All Rights Reserved AI-Enabled, Tech Platform to Transform the Supply Chain Upstream Suppliers Distribution Centers Fully integrated AI / software platformdrives actionable insights from goods and location data to improve inventory optimization and order accuracy PalletsCasesEaches Last Mile In-storeStore PickupeCommerce SYMBOTIC Factory Delivery
Page 6
6 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential6 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential6 | © Symbotic Inc. All Rights Reserved Transformative Technology PlatformKey Financial Metrics~21% YoY Revenue Growth1ExpandingGross Margins1$22.5BTotal Backlog2 Key Operating Metrics77Systems in Deployment56Operational SystemsNamed Customers Symbotic at a Glance 1 LTM as of Q3 2026. 2As of Q3 2026.3 As of FY25. Free Cash Flow defined as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. See GAAP to Non-GAAP Reconciliations on Slides 24-25.PositiveFree Cash Flow3
Page 7
7 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential7 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential7 | © Symbotic Inc. All Rights Reserved Large Addressable Markets 1Current Symbotic SAM represents the aggregate across SAM-1 (U.S. general merchandise, ambient food & grocery, apparel), SAM-2 (U.S. CPG non-food, home improvement, auto parts, 3PL, non-ambient food) and SAM-3 (remaining U.S. verticals, all Canadian & European verticals), based on third-party consultant and company estimates.2 GreenBox Systems LLC (which is currently doing business as Exol), Symbotic owns 35% through joint venture with SoftBank3Annual U.S. case throughput based on third-party consultant estimates as of July 2023. 4Based on $2.6T of U.S. online retail sales forecast in 2030 by CapitalOne Shopping Research (December 2024 report) with 50% of eCommerce orders fulfilled by stores using a Symbotic automation system and thecorresponding one-time system revenue and 15 years of software revenue. 2$500B+“Outsourced”Incremental annualwarehouse-as-a-service opportunity3 $432BOne-time system sales and recurring software in operator-owned warehouses “In-House”1 Micro-Fulfillment$300B+Estimated U.S. micro-fulfillment opportunities (one-time system sale and recurring software)4
Page 8
8 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential8 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential8 | © Symbotic Inc. All Rights Reserved Automated Distribution Center System Symbotic’s systems are modular and can be installed around ongoing warehouse operations and be expanded over time to support growth.
Page 9
9 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential9 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential9 | © Symbotic Inc. All Rights Reserved Solution Differentiators A.I. Powered Software Autonomous Bots Native Case Handling Case LevelStorage Modular System Design TurnkeyRetrofit Solution Unique System ArchitectureIMPROVEDEFFICIENCYSPEEDFLEXIBILITYDENSITYACCURACY
Page 10
10 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential10 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential10 | © Symbotic Inc. All Rights Reserved BreakPack add-on for each picking and storage• Storage Structure• Transfer Deck• Inventory Lifts• SymBotsAutomated StorageCase picking and storage A.I.-Powered SoftwareOptimizes tasks for enhanced operations 12 3Symbotic Distribution Center System Components • Robotic depalletizing• Intake and case scanning• Robotic smart pallet buildInbound / Outbound Cells Automated order processing
Page 11
11 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential11 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential11 | © Symbotic Inc. All Rights Reserved Next Gen Storage Structure DesignHigher DensityInnovative design provides ultra-high density for increased storage capacity and/or reduced footprintEnables shorter and faster bot trips per case deliveryRapid AssemblyPre-assembled components for faster implementationEnhanced SafetyPre-engineered safety featuresIntegrated fire suppression and improved seismic adaptability
Page 12
12 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential12 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential12 | © Symbotic Inc. All Rights Reserved BreakPack: Cases to Eaches• Attaches to case picking system• Manages less-than-case order quantities, allowing downstream replenishment of both case-and-each quantities
Page 13
13 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential13 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential13 | © Symbotic Inc. All Rights Reserved Bringing Automation to the Last Mile, Enabling eCommerce
Page 14
14 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential14 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential14 | © Symbotic Inc. All Rights Reserved 650+Patents Issued1$1B+Cumulative R&D Spend115+ yearsR&D Development On a Journey Toward7 SIGMA $125+ MillionAnnual R&D Budget1 Innovationis in our DNAPatents Issued or Pending1:1,000+Competitive Edge 1 As of FY25
Page 15
15 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential15 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential15 | © Symbotic Inc. All Rights Reserved Supply Chain Automation Technology Alternatives 15 Point Solutions 0 Legacy AlternativesUpstream: Distribution CentersDownstream: Order Fulfillment
Page 16
16 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential16 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential16 | © Symbotic Inc. All Rights Reserved Blue Chip CustomersLargest U.S. Wholesale Grocery Distributor1Largest U.S. Wholesale Grocery Distributor12ndLargest U.S. Supermarket Chain by Revenue22ndLargest U.S. Supermarket Chain by Revenue2World’s LargestCompanyby Revenue3World’s LargestCompanyby Revenue31Source: Forbes Magazine, December 2022. Note: Symbotic and C&S share common control through the Cohen family.2Source: IBIS World, “Supermarkets & Grocery Stores in the US” (March 2025)3Source: The 2025 Fortune Global 500 (August 2025) Joint Venture between Symbotic and SoftBank6 year, ~$11B contractSymbotic 35% ownershipUnlocks $500B+ annual TAMJoint Venture between Symbotic and SoftBank6 year, ~$11B contractSymbotic 35% ownershipUnlocks $500B+ annual TAMOwned & Operated ModelAs-a-Service Model
Page 17
17 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential17 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential17 | © Symbotic Inc. All Rights Reserved Comprehensive, AI-enabled, SKU-agile warehouse automation system with integrated omni-channelHighly visible growth profile with $22.5B1of contracted backlog with blue-chip customersLeadership position targeting large market opportunities 1 As of Q3 2026
Page 18
18 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential18 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential18 | © Symbotic Inc. All Rights Reserved 18 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential18 | © Symbotic Inc. All Rights Reserved Long-Term Growth StrategyMULTIPLE VECTORS FOR POTENTIAL GROWTH GROCERYGENERAL MERCHANDISEBEVERAGEHEALTH CARE3PLAPPARELCPGHOME IMPROVEMENTAUTO PARTS WALMARTC&SUNFIALBERTSONSSOUTHERN GLAZER’SMEDLINEEXOL
Page 19
19 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential19 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential19 | © Symbotic Inc. All Rights Reserved Recap of Symbotic’s Business ModelSymbotic Sells Highly Advanced AI-powered Supply Chain Automation Systems with Supporting Software and Maintenance Services over 15-Year Contracts,1Creating Long-Term Recurring Revenue StreamsSoftwareSystemsParts and ServicesCapital Asset SaleRevenue Spread Over ~2 YearsMilestone PaymentsRequired to Use SystemAnnual Recurring, High Margin RevenueLong-Term ContractsAd Hoc Support Annual Software Subscription and material Operation Services Start when the System is Operational1Substantial majority of Symbotic customer contracts.
Page 20
20 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential20 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential20 | © Symbotic Inc. All Rights Reserved AI-Enabled Technology Platform with Transformational Impact on Supply Chain EconomicsDisrupting Large Addressable Markets with Secular Long-Term TailwindsDeep Relationships with Blue-Chip Customers and $22.5B1Contracted BacklogStrong Track Record of Scaling and Visionary Leadership for Symbotic’s Future Key Highlights 1 As of Q3 2026
Page 21
21 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential21 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential21 | © Symbotic Inc. All Rights Reserved Symbotic’s Key Financial HighlightsHigh margin, annual recurring revenue base building over time from software, parts, and servicesStrong balance sheet and free cash flow generation2Generating positive adjusted EBITDA with margin upsideHighly visible growth underwritten by ~$22.5B1contracted backlogVisible growth profile at scale54321 2Free Cash Flow defined as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. See GAAP to Non-GAAP Reconciliations on Slides 24-25. 1 As of Q3 2026
Page 22
22 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential22 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential22 | © Symbotic Inc. All Rights Reserved Financials / Key Performance Indicators592618630676721Q325 Q425 Q126 Q226 Q326 Total Revenue ($M)4650577077Q325 Q425 Q126 Q226 Q326Systems in Deployment4248515256Q325 Q425 Q126 Q226 Q326Operational Systems4549677895Q325 Q425 Q126 Q226 Q326Adj. EBITDA ($M)(21)(9)13 9 55 Q325 Q425 Q126 Q226 Q326GAAP Net Income (Loss) ($M)
Page 23
Appendix
Page 24
24 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential24 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential24 | © Symbotic Inc. All Rights Reserved Reconciliation of Net Income (Loss) to Adjusted EBITDANon-GAAP Financial MeasuresInformation contained in this presentation is unaudited and subject to change. This presentation contains financial measures that are not recognized under U.S. GAAP, including adjusted EBITDA and free cash flow. These non-GAAP financial measures have limitations as an analytical tool as they do not have a standardized meaning prescribed by U.S. GAAP. The non-GAAP financial measures Symbotic uses may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies and, therefore, are unlikely to be comparable to similar measures presented by other companies. Rather, these non-GAAP financial measures are provided as a supplement to corresponding U.S. GAAP measures to provide additional information regarding the results of operations from management’s perspective. Accordingly, non-GAAP financial measures should not be considered a substitute for, in isolation from, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. All non-GAAP financial measures presented in this presentation are reconciled to their closest reported U.S. GAAP financial measures. Symbotic recommends that investors review the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures provided in the financial statement tables included in this presentation, and not rely on any single financial measure to evaluate its business.Symbotic defines adjusted EBITDA, a non-GAAP financial measure, as GAAP net income (loss) excluding the following items: interest income; income taxes; depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; equity method investment; internal control remediation; business transformation costs; fair value adjustments on strategic investments; restructuring charges; and other infrequent items that may arise from time to time. Symbotic defines free cash flow, a non-GAAP financial measure, as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. In addition to Symbotic’s financial results determined in accordance with U.S. GAAP, Symbotic believes that adjusted EBITDA and free cash flow non-GAAP financial measures are useful in evaluating the performance of Symbotic’s business because they highlight trends in its core business. (in thousands)June 28, 2025 September 27, 2025 December 27, 2025 March 28, 2026 June 27, 2026Net income (loss) (21,174) (8,969) 13,358 9,429 55,000 Interest income (8,373) (8,085) (11,600) (10,906) (11,335) Income tax expense (benefit) 44 (423) 615 572 (1,149) Depreciation and amortization 12,940 8,648 8,693 11,322 10,241 Stock-based compensation 39,527 43,671 44,118 57,188 50,519 Business combination transaction expenses 422 40 11 710 244 Equity method investment 3,776 5,885 5,799 6,945 9,631 Internal control remediation 1,795 1,360 2,415 1,931 1,486 Business transformation costs 75 1,210 2,531 550 54 Fair value adjustments on strategic investments - - (1,661) - (19,378) Restructuring charges 16,361 6,103 2,624 12 (76) Adjusted EBITDA 45,393 49,440 66,903 77,753 95,237 Three Months Ended
Page 25
25 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential25 | © Symbotic, Inc. All Rights Reserved | Proprietary and Confidential25 | © Symbotic Inc. All Rights Reserved Reconciliation of Free Cash FlowNon-GAAP Financial MeasuresInformation contained in this presentation is unaudited and subject to change. This presentation contains financial measures that are not recognized under U.S. GAAP, including adjusted EBITDA and free cash flow. These non-GAAP financial measures have limitations as an analytical tool as they do not have a standardized meaning prescribed by U.S. GAAP. The non-GAAP financial measures Symbotic uses may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies and, therefore, are unlikely to be comparable to similar measures presented by other companies. Rather, these non-GAAP financial measures are provided as a supplement to corresponding U.S. GAAP measures to provide additional information regarding the results of operations from management’s perspective. Accordingly, non-GAAP financial measures should not be considered a substitute for, in isolation from, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. All non-GAAP financial measures presented in this presentation are reconciled to their closest reported U.S. GAAP financial measures. Symbotic recommends that investors review the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures provided in the financial statement tables included in this presentation, and not rely on any single financial measure to evaluate its business.Symbotic defines adjusted EBITDA, a non-GAAP financial measure, as GAAP net income (loss) excluding the following items: interest income; income taxes; depreciation and amortization of tangible and intangible assets; stock-based compensation; business combination transaction expenses; equity method investment; internal control remediation; business transformation costs; fair value adjustments on strategic investments; restructuring charges; and other infrequent items that may arise from time to time. Symbotic defines free cash flow, a non-GAAP financial measure, as net cash provided by or used in operating activities less purchases of property and equipment and capitalization of internal use software development costs. In addition to Symbotic’s financial results determined in accordance with U.S. GAAP, Symbotic believes that adjusted EBITDA and free cash flow non-GAAP financial measures are useful in evaluating the performance of Symbotic’s business because they highlight trends in its core business.(in thousands)September 27, 2025 September 28, 2024 September 30, 2023Net cash provided by (used in) operating activities 866,939 (58,077) 230,794 Purchases of property and equipment and capitalization of internal use software development costs (79,030) (44,374) (21,326)Free cash flow 787,909 (102,451) 209,468 Year Ended