Serve Robotics Inc.(US:SERV) Financial Modeling Prep·2026-03-11 17:00Core Insights - Serve Robotics Inc. reported a GAAP loss per share of $0.46 for Q4 2025, slightly better than the consensus estimate of -$0.48, with revenue of $882,000 exceeding expectations [1] Financial Performance - In Q4 2025, Serve generated $0.9 million in revenue, representing a year-over-year increase of approximately 400%, while full-year 2025 revenue reached $2.7 million, surpassing prior guidance of $2.5 million [3] - The company reported a full-year 2025 net loss of $101.4 million and a Q4 gross loss of $6.7 million, indicating ongoing challenges in achieving profitability despite revenue growth [6] Business Operations - Serve Robotics develops autonomous delivery robots, primarily focusing on sidewalk delivery, and partners with platforms like Uber Eats and DoorDash [2] - The company scaled its fleet to 2,000 deployed robots by year-end 2025 and expanded its operational footprint to 20 cities across six major metropolitan areas [3] - Serve broadened its platform through new launches, adding DoorDash as a partner, growing to over 4,500 merchant partners, and completing four strategic acquisitions to enhance its robotics and AI capabilities [4] Future Outlook - The company raised its 2026 revenue outlook to approximately $26 million, driven by continued delivery growth and the addition of Diligent Robotics, which contributes recurring revenue [5] - Serve anticipates about $25 million in capital expenditures for 2026 [5] Liquidity Position - As of December 31, 2025, Serve reported $260 million in cash and marketable securities, indicating substantial liquidity to support its expansion efforts [6]