NASDAQ$SERV

Serve Robotics Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Serve Robotics reported Q1 2026 revenue of $3.0M and a net loss of $49.0M.

Serve Robotics reported Q1 2026 revenue of $3.0 million versus $0.4 million as autonomous delivery deployments scaled. Net loss was $49.0 million compared with $13.2 million as R&D, G&A, and go-to-market spending increased alongside fleet expansion.

  • Revenue $3.0M on early commercial deployments.
  • Net loss $49.0M with elevated operating spend.
  • R&D and field operations investing ahead of scale.
  • Partnerships with delivery platforms remain strategic.
  • Cash runway and capital raises discussed in MD&A.

Headline financials

Total Revenue

$2.98M

Previous: $440K+577.5%
EPS (adj)

-$0.65

Previous: -$0.23-182.6%
Capital Expenditures

-$1.44M

Previous: -$3.46M+58.3%
Net Income

-$49M

Previous: -$13.2M-270.8%
Operating Income

-$51.8M

Previous: -$15M-245.1%
Gross Profit

-$9M

Previous: -$1.47M-513.0%

Revenue & EPS history

Serve Robotics Inc · Revenue · Quarterly

$2.98M

Q1 2026+577.5%vs Q1 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Pre-revenue-scale company; outlook tied to fleet growth, unit economics, and partnership rollouts rather than formal EPS guidance.

Tailwinds

  • Revenue inflection from pilot to commercial.
  • First-mover in sidewalk delivery robotics.
  • Strong strategic partners.

Headwinds

  • Large losses and cash burn.
  • Regulatory and municipal permitting risk.
  • Technology reliability and safety scrutiny.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.7%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+4.9%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+10.1%

Q4 2025

Best reaction

-10.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-8.7%-19.2%
Q4 2025+10.1%+1.9%-14.6%
Q3 2025-10.0%-14.3%+15.9%
Q1 2025+9.5%+48.6%+116.2%
Q3 2024+7.3%-14.6%+16.9%
Q2 2024-7.5%-0.4%-34.5%
Q1 2024-9.6%-16.9%-46.2%
Q3 2023

Discussion

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