Yahoo Finance·2025-12-28 17:47Company Overview - Symbotic is an automation technology company that provides AI-powered, end-to-end robotic warehouse solutions, initially focused on optimizing supply chain logistics for retailers and wholesalers [4] - The company generates ongoing revenue through software maintenance, support fees, and operational assistance for deployed hardware [1] Revenue Drivers - The primary revenue driver for Symbotic is the sale of modular, end-to-end automation systems, often integrated into large distribution centers for major clients like Walmart, Target, and Albertsons [2] - Symbotic's contracted backlog is approximately $22.5 billion, representing about 10 times its annual sales, providing exceptional revenue visibility for years to come [9] Market Expansion - Symbotic is expanding into a service-based model through its GreenBox warehouse-as-a-service joint venture with SoftBank, offering automated warehousing to smaller companies [1] - The company has recently entered the healthcare vertical through a client relationship with Medline, potentially opening new market opportunities [2] Financial Performance - Symbotic reported full-year 2025 revenue growth of 26%, reaching nearly $2.3 billion [9] - The company experienced a significant turnaround in free cash flow, reporting about $788 million in the recent fiscal year compared to a negative free cash flow of $102.45 million in the prior year [10] Manufacturing Strategy - Symbotic outsources the manufacturing of its robot components to established automotive suppliers, allowing rapid scaling without the capital intensity of owning large-scale factories [3]