Gen 3 delivery robots

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Serve Robotics' Top Line Gains Traction: Can It Sustain the Momentum?
ZACKSยท 2025-07-09 14:01
Key Takeaways SERV posted Q1 revenues of $440K, up 150% sequentially as autonomous deliveries gained traction. Deployment of 250 Gen 3 robots drove a 75% increase in deliveries and 50% more restaurant partners. Gross margin rose 40% QoQ; SERV expects Q2 revenues of $600K-$700K as scale and utilization improve.Serve Robotics Inc. (SERV) is starting to gain early revenue traction as its autonomous delivery model scales. In the first quarter of 2025, the company posted revenues of $440,000, reflecting a surg ...