Serve Robotics Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $432.7M
- Price
- $5.07
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.29%
- Volume
- 10.1M
About
Serve Robotics Inc. specializes in the development, deployment, and operation of autonomous, environmentally conscious robots. These advanced robotic systems are designed to provide efficient food delivery services to people in public spaces, exclusively within the United States. The company, which builds its own self-navigating delivery units, was established in 2017. Its headquarters are situated in Redwood City, California. Notably, the entity operated under the name Patricia Acquisition Corp. until July 2023, when it officially rebranded as Serve Robotics Inc.
Quick stats
Shares outstanding85.1M
Computed float73.7M
Float / shares86.7%
Cash runway (months)13.2
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001832483
AI Summary
AI-generated1/50
standardmixedearnings
Serve Robotics Announces Second Quarter 2026 Results
Serve Robotics reported Q2 revenue of $3.2 million, up 404% year-over-year and 9% sequentially, driven by triple-digit growth across delivery, branding, and software verticals.
Despite the strong top-line growth, the company revised its full-year 2026 revenue guidance down to a range of $9 million to $10 million, citing lower-than-expected delivery volume through its Uber Eats partnership. Management also improved its operating expense outlook to $140 million to $150 million.
The company ended the quarter with $240.4 million in cash and marketable securities and noted that revenue from its DoorDash partnership grew nearly 50% sequentially.
Red flags
- Guidance cut due to lower than expected delivery volume through Uber Eats partnership
- Net loss of $64.1 million for the quarter