Symbotic Inc. (SYM) company profile
Close on Nov 13, 2026Market cap $21.07BP/E 696.6Yield –
About Symbotic
General Industrial Machinery & Equipment, NEC, SIC 3569
Symbotic develops and commercializes artificial intelligence-powered automation technology for warehouse supply chains. Its integrated hardware and software platforms automate the sorting, movement, and buffering of pallets, cases, and individual items within distribution centers and store-level micro-fulfillment hubs. Key offerings include autonomous mobile robots, robotic depalletizing and palletizing cells, scan tunnels, multi-level storage racking, and real-time operational analytics software. The company primarily serves large-scale retail chains and wholesale distributors, including general merchandise and grocery enterprises, as well as third-party logistics and warehouse-as-a-service ventures.
The company operates multiple micro-fulfillment automation installations across retail store environments, alongside utility in high-capacity distribution centers handling millions of daily case transactions across varying temperature zones. Its primary commercial presence is centered in the United States, with planned market reach extending into Canada and European countries including Germany, France, Italy, and the United Kingdom. The provided text does not state the company's headquarters location.
Summary of the business section of Symbotic's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Symbotic Inc.
- Founded
- 2006
- Headquarters
- Wilmington, MA
- Address
- 200 Research Drive 01887
- Phone
- (978) 284-2800
- Website
- symbotic.com
- Employees
- 2,000, Sep 27, 2025
- Industry
- General Industrial Machinery & Equipment, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- September 26
- Auditor
- GRANT THORNTON LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- SYM
- Former tickers
- SVFC until Jun 13, 2022
- Exchange
- Nasdaq
- IPO date
- Mar 10, 2021
- Shares outstanding
- 605M, Aug 3, 2026
- Public float
- $1.00B, Mar 29, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1837240
- CUSIP
- 87151X101
- ISIN
- US87151X1019
- FIGI
- BBG00Z72HCV1
- Share class FIGI
- BBG00Z72HCX9
- LEI
- 529900UN9QT55OG9I235
- EIN
- 98-1572401
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Richard B. Cohen | See Remarks, Director | 2,736,825 |
| Maria G. Freve | See Remarks | 5,653 |
| Izilda P. Martins | Chief Financial Officer | 42,732 |
| Brian Daniel Alexander | SVP, Commercial | 66,913 |
| James Kuffner | Chief Technology Officer | 248,382 |
| William M. Boyd III | Chief Strategy Officer | 481,465 |
| Carol J. Hibbard | Chief Financial Officer | 61,971 |
| Michael David Dunn | Chief Customer Officer | 92,902 |
| Todd Krasnow | Director | 919,038 |
| Charles Kane | Director | 669,205 |
| Andrew D. Ross | Director | 7,672 |
| Stephen G. Pagliuca | Director | – |
| Eric Branderiz | Director | 17,826 |
| Merline Saintil | Director | 75,644 |
| Rollin L. Ford | Director | 990,644 |
| Daniela L. Rus | Director | 28,336 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $0 | $0 | $14.52M | $532 | $208 |
| FY2024 | $0 | $0 | $4.21M | $260 | $163 |
| FY2023 Michael Loparco | $1.65M | -$7.50M | $4.43M | $341 | $108 |
| FY2023 Richard B. Cohen | $0 | $0 | $4.43M | $341 | $108 |
| FY2022 Michael Loparco | $14.30M | $9.73M | $8.52M | $108 | $80 |
| FY2022 Richard B. Cohen | $0 | $0 | $8.52M | $108 | $80 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Izzy Martins Chief Financial Officer | $147.50K | $737.50K | $14.39M | $22.13K | $15.30M | – |
| Carol Hibbard Former Chief Financial Officer | $600.00K | $660.00K | $5.24M | $48.63K | $6.55M | -43% |
| James Kuffner Chief Technology Officer | $578.46K | $615.62K | $34.67M | $1.09M | $36.96M | – |
| Michael Dunn Chief Customer Officer | $450.00K | $405.00K | $7.43M | $110.63K | $8.40M | – |
| Walter Odisho Chief Manufacturing & Supply Chain Officer | $468.27K | $309.06K | $4.59M | $12.83K | $5.38M | +96% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
SPAC offering
- Type
- SPAC (blank check) IPO of units
- Final prospectus filed
- Mar 10, 2021
- Offer price
- $10.00
- Exchange
- Nasdaq
- First trading day
- Mar 9, 2021
- First-day close
- $10.25+2.5%
- Lock-up ends (est.)
- Sep 5, 2021
“Per Shares Total Public offering price $ 10.00 $ 280,000,000 Underwriting discounts and commissions (1) $ 0.55 $ 15,400,000 Proceeds, before expenses, to us $ 9.45 $ 264,600,000 (1) Includes $0.35 per share, or $9,800,000 in the aggregate (or $11,200,000 in the aggregate if the underwriters’ over-allotment option is”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of September 27, 2025, we employed approximately 2,000 full-time employees, including approximately 1,950 based in the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 27, 2024 | Late filing | Notification of late filing |
| Jun 13, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 13, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 3, 2022 | Name change | Name changed from SVF Investment Corp. 3 to Symbotic Inc. |
| Feb 4, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 10, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 8, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 21, 2020 | Name change | Name changed from SVF Investment III Corp. to SVF Investment Corp. 3 |
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