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Serve Robotics Inc. (SERV) reported its third-quarter 2025 results, revealing an adjusted loss per share of 54 cents, which was greater than the Zacks Consensus Estimate of 37 cents. The company generated revenues of $0.69 million, surpassing expectations by 0.3%, and increased from $0.22 million in the prior year.
During Q3 2025, Serve Robotics achieved significant milestones, deploying over 1,000 robots and achieving a 713% year-over-year increase in daily supply hours. Delivery volume rose 66% sequentially, impacting a market population of over 3 million across cities including Chicago, Dallas, Miami, and Los Angeles.
For 2025, Serve Robotics anticipates revenues of $2.5 million and projects a tenfold revenue growth for 2026. The company ended the quarter with cash and cash equivalents totaling $116.8 million.
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