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Serve Robotics Inc. 10-Q Filings

SERV NASDAQ

Every 10-Q that Serve Robotics Inc. (SERV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow SERV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SERV filings page.

Rhea-AI Summary

Serve Robotics Inc. reported sharp growth in early-stage operations for the quarter ended June 30, 2026, with revenue of $3,238 thousand, up from $642 thousand a year earlier, driven by fleet and software services. Six‑month revenue reached $6,222 thousand.

Heavy investment continues: total operating expenses were $57,286 thousand in the quarter, leading to a net loss of $64,127 thousand, and a six‑month net loss of $113,131 thousand. As of June 30, 2026, liquidity comprised $79.1 million of cash and cash equivalents and $156.3 million of short‑term marketable securities, or $235.4 million in total. The company completed acquisitions of Diligent Robotics ($25.7 million), Vebu ($3.7 million), and earlier Vayu Robotics ($39.5 million) to expand healthcare, kitchen and AI autonomy capabilities. Management acknowledges ongoing losses but expects existing liquidity to fund operations for at least twelve months while it may seek additional equity or debt financing, which could dilute stockholders.

Rhea-AI Summary

Serve Robotics reported rapid top-line growth but widening losses for the quarter ended March 31, 2026. Revenue rose to $2.984 million from $0.440 million, driven by fleet services of $1.958 million and software services of $1.026 million.

Heavy spending on research and development, operations, and acquisitions pushed the net loss to $49.0 million, or $(0.65) per share, versus a loss of $13.2 million a year earlier. Operating cash outflow was $41.4 million. The company ended the quarter with $187.5 million in cash and short-term securities and expects this to fund operations for at least 12 months, but it continues to discuss potential future equity or debt financing, which could dilute existing stockholders. Results also reflect the Diligent and Vebu acquisitions, adding goodwill and developed technology to the balance sheet.

Rhea-AI Summary

Serve Robotics Inc. (SERV) filed its Q3 2025 10‑Q, reporting higher revenue but wider losses as it scales operations and integrates recent acquisitions.

Revenue rose to $687,000 from $222,000 a year ago, led by fleet services $433,000 and software services $254,000. The company posted a gross loss of $4.38 million and an operating loss of $34.82 million, with net loss at $33.02 million versus $7.996 million last year, reflecting higher R&D and G&A as deployment ramps.

Liquidity remained strong with cash, cash equivalents and marketable securities of $210.4 million as of September 30, 2025. Serve completed two technology acquisitions: Voysys AB (cash consideration $5.75 million) adding low‑latency teleoperation IP, and Vayu Robotics (total consideration $39.60 million) adding AI autonomy technology. Intangible assets reached $32.87 million and goodwill $11.84 million post-deals. Customer concentration remains elevated, with one customer at 43% of Q3 revenue.