The earnings call highlighted significant revenue and delivery volume growth, fleet expansion, new partnerships, and a strong financial position. However, concerns were noted regarding declines in software and branding revenues, increased operating expenses, and a negative adjusted EBITDA.

Company Guidance -

Q3 2025

During Serve Robotics' Second Quarter 2025 Earnings Conference Call, the company provided optimistic guidance supported by substantial growth metrics. Serve Robotics reported a 46% sequential increase in revenue from Q1 to Q2, aligning with previous guidance. The company exceeded its delivery volume growth expectations with an 80% increase quarter-over-quarter. The fleet size expanded with over 120 third-generation robots deployed, resulting in a total fleet size exceeding 400 units. Serve Robotics also noted a significant 120% quarterly increase in daily active robots and a 165% sequential growth in daily supply hours. The company's market reach expanded to nearly 800,000 U.S. households, representing a fivefold increase since the start of the year. The CEO, Ali Kashani, expressed confidence in deploying 2,000 robots by the end of 2025, which is expected to enhance their status as a national autonomous last-mile delivery provider. Financially, the company maintained a robust cash position of $183 million and adjusted EBITDA was reported at negative $14.9 million, driven by operational expansion. The company projected Q3 revenues between $600,000 and $700,000, anticipating continued growth while managing short-term revenue dynamics.

Strong Revenue Growth

Revenue grew 46% sequentially from Q1, and delivery volume increased by nearly 80%, surpassing expectations.

Fleet Expansion and Market Reach

Deployed over 120 third-generation robots, growing the total fleet size to over 400. Expanded operations to new markets including Atlanta and increased coverage in Los Angeles and Miami, reaching nearly 800,000 households.

New Partnerships and International Expansion

Launched delivery operations with Little Caesars and completed a successful pilot in Doha, Qatar, marking the beginning of international expansion efforts.

High Delivery Reliability

Maintained a 99.8% delivery reliability and a strong safety track record despite rapid growth.

Financial Position and Guidance

Ended the quarter with $183 million in cash and marketable securities. Projected annualized revenue run rate of $60 million to $80 million once the 2,000-robot fleet is fully deployed.

Serve Robotics Inc (SERV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SERV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.29 / -	-0.2	―	―	―
Aug 07, 2025	2025 (Q2)	-0.20 / -0.36	-0.27	-33.33% (-0.09)	―
May 08, 2025	2025 (Q1)	-0.19 / -0.23	-0.37	37.84% (+0.14)	―
Mar 06, 2025	2024 (Q4)	-0.16 / -0.36	-0.19	-89.47% (-0.17)	―
Nov 07, 2024	2024 (Q3)	-0.16 / -0.20	-0.208	3.85% (<+0.01)	―
Aug 13, 2024	2024 (Q2)	-0.25 / -0.27	-0.135	-100.00% (-0.14)	―
May 15, 2024	2024 (Q1)	- / -0.37	-0.139	-166.19% (-0.23)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SERV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$10.59	$10.47	-1.13%
May 08, 2025	$6.56	$7.46	+13.72%
Mar 06, 2025	$7.92	$7.43	-6.19%
Nov 07, 2024	$10.83	$9.04	-16.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Serve Robotics Inc (SERV) report earnings?

Serve Robotics Inc (SERV) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Serve Robotics Inc (SERV) earnings time?

Serve Robotics Inc (SERV) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SERV EPS forecast?

SERV EPS forecast for the fiscal quarter 2025 (Q3) is -0.29.

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