Symbotic Inc.
Symbotic Inc. is an American robotics warehouse automation company headquartered in Wilmington, Massachusetts. The company's core business revolves around developing and deploying AI-enabled robotics automation technology to enhance operating efficiencies in modern warehouses. Its mission is to reinvent the supply chain through automation and innovation, continually advancing the commercialization of robotic material handling systems to provide high throughput, optimal space utilization, and flexible automation solutions.
Symbotic offers an end-to-end AI-powered robotic and software platform. Key products and services include autonomous robots, known as SymBots, which efficiently move products, and robotic arms designed for building and breaking down pallets. The company's sophisticated AI software manages and optimizes all warehouse operations, complemented by comprehensive installation, integration, and long-term support. Symbotic primarily serves the retail, wholesale, grocery, food and beverage, and e-commerce sectors, with notable customers including Walmart, Target, Albertsons, C&S Wholesale Grocers, and Giant Tiger.
Led by Chairman and CEO Rick B. Cohen, Symbotic is recognized as a leader in AI-enabled robotics automation, aiming to reimagine the supply chain. The company maintains a robust order backlog, reported at $22.7 billion as of July 2025 and $23.2 billion in another source, underscoring its strong market position. Symbotic was named to Fast Company's Annual List of the World's Most Innovative Companies of 2026 and has recently announced partnerships with Associated Wholesale Grocers and Medline. For the first quarter of fiscal year 2026, Symbotic reported revenue of $630 million, exceeding expectations, though earnings per share were $0.02, below forecasts.
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