Earnings ·
Serve Robotics reports Q3 revenue of $2.8M, raises full-year guidance to $12 million
SERVServe Robotics Inc.
Serve Robotics Inc. announced third-quarter 2026 financial results showing revenue of $2.8 million, a 313% increase year-over-year. The company raised its full-year 2026 revenue guidance to $12 million from the previous range of $9 million to $10 million, citing strong robot demand and growth across diversified revenue streams. Daily active robots averaged 917 in Q3, up from 312 a year earlier, while daily supply hours tripled. Recurring revenue accounted for 69% of total revenue, with the company ending the quarter with $198 million in cash and marketable securities. Serve Robotics designs and operates autonomous robots for last-mile delivery and healthcare environments.