Earnings ·
Serve Robotics Inc. reported second quarter 2026 financial results, announcing revenue of $3.2 million, a 404%…
SERVServe Robotics Inc.
Serve Robotics Inc. reported second quarter 2026 financial results, announcing revenue of $3.2 million, a 404% increase year-over-year and 9% sequential growth. The company maintains a strong balance sheet with $240.4 million in cash and marketable securities as of June 30, 2026. Management revised full-year 2026 revenue guidance downward to a range of $9 million to $10 million, citing lower than expected delivery volume through its Uber Eats partnership. Non-GAAP operating expenses for the year are now projected at $140 million to $150 million, down from previous estimates of $160 million to $170 million. Serve Robotics Inc. designs and operates autonomous robots for last-mile delivery and healthcare applications.