SERV
Serve Robotics Inc.10.57
-0.40-3.65%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
787.29MP/E (TTM)
-Basic EPS (TTM)
-1.44Dividend Yield
0%Recent Filings
8-K
Closed Vebu acquisition
Serve Robotics closed its acquisition of Vebu on February 17, 2026, issuing 118,128 shares of common stock valued at $3.75 million (at $12.7913/share) after adjustments, plus $2.26 million cash for net debt. Vebu stockholders may earn additional shares—33% of net proceeds over the earnout period. Company assumed 500,000 RSUs for continuing employees. Earnout hinges on future performance.
8-K
Closes Diligent acquisition
Serve Robotics closed its acquisition of Diligent Robotics on January 27, 2026, issuing 32,835 shares of common stock valued at $29.0 million (at $14.3794/share) after a $19.0 million cash debt adjustment, while assuming 1,319,151 RSUs for continuing employees. Up to 366,332 more shares hang in earnout balance on milestones. Deal bolsters robotics lineup, but pro formas await filing.
8-K
Acquires Diligent for $29M stock
Serve Robotics signed a merger agreement on January 19, 2026, to acquire Diligent Robotics for $29.0 million in common stock (at $14.3794/share), including a $5.3 million earnout, expanding its AI platform into hospitals. Diligent's Moxi robots have completed 1.25 million deliveries across 25 facilities, with annual sales per hospital of $200k-$400k. Closing awaits customary conditions in Q1 2026. Deal hinges on regulatory approval.
10-Q
Q3 FY2025 results
Serve Robotics ramped revenue to $687K in Q3 FY2025 ended September 30, 2025, up 209% y/y from $222K yet still posted a $34.8M operating loss amid heavy R&D ($13.4M) and G&A ($13.2M) spend, widening the net loss to $33.0M or $(0.54) per share from $8.0M or $(0.20) prior year. YTD revenue hit $1.8M, up 8% y/y, but losses ballooned to $72.5M on scaling costs. Cash burned fast at $50.6M from operations with $20.8M capex, leaving $116.8M cash and $93.6M marketable securities. Vayu Acquisition added $11.8M goodwill and $32.9M intangibles. Customer A drove 43% of Q3 sales. Liquidity looks solid. Robots face fierce competition.
8-K
Q3 revenue jumps 209%
Serve Robotics reported Q3 revenue of $687 thousand, up 209% from Q3 2024, with delivery volume surging 66% sequentially and 300% year-over-year. Fleet hit 1,000 robots; new DoorDash partnership and Chicago launch expand reach to 3 million people and 3,600 restaurants. Cash at $210 million bolstered by $100 million raise. Robots scale fast.
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