Serve Robotics (SERV) Q2 2026 Earnings
How Did SERV Stock React to Q2 2026 Earnings?
Did SERV Beat Earnings? Q2 2026 Results
Yes. Serve Robotics reported Q2 2026 earnings of $-0.59 a share on Oct 5, 2026, beating the $-0.59 consensus estimate by 0.0%. Revenue was $3.2M against a $3.9M estimate.
Serve Robotics posted a disappointing second quarter for fiscal 2026, missing Wall Street's revenue target by 18.39% as the autonomous delivery company reported $3.20 million in sales against a consensus estimate of $3.92 million, though that figure still represented a 398.4% jump from the year-ago period. The critical context behind the shortfall is a sharp reduction in anticipated Uber delivery volumes, which forced the company to slash its full-year 2026 revenue guidance from $26 million down to $9 to $10 million, even as it works to diversify across food delivery, hospital robotics, and advertising. Analysts had modeled a loss of $0.59 per share for the quarter. Despite the reset, the company pointed to meaningful operational momentum, with its sidewalk robot fleet scaling 20-fold to more than 2,000 units across 44 cities, and its cash position standing at $240 million as of June 30. Full-year GAAP operating expenses are guided at $193 to $208 million, with management emphasizing cost discipline and headcount restraint as it rebuilds investor confidence.
- Fleet grew 20x in one year from ~100 to 2,000 sidewalk robots
- 404% year-over-year revenue growth in Q2 FY2026
- Diversification across delivery, healthcare, branding, software, and data revenue streams
- Triple-digit YoY growth in branding/advertising revenue in Q2 FY2026
- 99.8% delivery completion rate with zero major safety incidents
- 1.8 million sidewalk and hospital deliveries completed to date
What Is Serve Robotics's Outlook?
Serve Robotics guides FY2026 revenue of $9–10 million, representing approximately 3.5x year-over-year growth. Full-year 2026 non-GAAP operating expenses are projected at $140–150 million, with GAAP operating expenses of $193–208 million (including $45–50 million in stock-based compensation and $8 million in intangible asset amortization). Capital expenditures are guided at $15–17 million and cost of revenue at $44–48 million. The company's strategy focuses on optimizing fleet utilization, allocating capacity to high-demand channels, improving revenue per robot, and strengthening unit economics. Long-term targets include achieving greater than 50% recurring revenue through migration to subscription-based contracts and scaling the autonomy platform licensing model.
SERV YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $3.2M | $642,003 | +398.4% |
SERV Revenue by Segment
When Does Serve Robotics Report Next?
Figures from SEC filings and company reports. Not investment advice.