Serve Robotics Announces Third Quarter 2026 Results
Serve Robotics reported Q3 revenue of $2.835 million, up 313% year-over-year, and raised full-year 2026 revenue guidance to $12 million from the prior $9-10 million range. Recurring revenue reached nearly 70% of the mix, gross margin improved sequentially, and daily active robots grew to 917 from 312 a year ago, including the October launch of its first international city in Australia.
Key figures
- Revenue
- 2835000
- Guidance
- FY2026 revenue raised to $12M from prior $9M-$10M; non-GAAP operating expense lowered to $150M from $160M-$170M
- Revenue Yoy
- 313%
- Shares outstanding
- 87562360
- Daily active robots
- 917
- Recurring revenue pct
- 69%
- Cash and marketable securities
- 198000000
AI analysis
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