Serve Robotics (SERV) Cost of Revenue (2022 - 2026)
Serve Robotics' (SERV) quarterly Cost of Revenue came in at $12.0 million in Q2 2026, up 243.24% on a YoY basis from $3.5 million in Q2 2025, and little changed quarter-over-quarter from $12.0 million in Q1 2026.
Analysis
Serve Robotics (SERV) Cost of Revenue (2022 - 2026) Analysis & Trends
Serve Robotics (SERV) has reported Cost of Revenue for 5 consecutive years, with $12.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 243.24% year-over-year to $12.0 million; the trailing twelve-month figure through Jun 2026 stood at $36.6 million (up 402.68% YoY), and the FY2025 full-year result was $18.0 million, up 448.28% from the prior year.
- Cost of Revenue held at $12.0 million in Q2 2026 per SERV's latest filing, from $12.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $12.0 million in Q2 2026 and bottomed at $479222.0 in Q4 2022.
- Historically, Cost of Revenue has averaged $3.1 million across 5 years, with a median of $904763.5 in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue slipped 15.98% in 2023, then surged 688.01% in 2025.
- Over 5 years, Cost of Revenue stood at $479222.0 in 2022, then soared by 86.24% to $892527.0 in 2023, then increased by 7.45% to $959000.0 in 2024, then soared by 688.01% to $7.6 million in 2025, then surged by 59.02% to $12.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $12.0 million, $12.0 million, and $7.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Serve Robotics | 390.71 Mn | 390.71 Mn | -8.78 Mn | 12.02 Mn |
| 2 | Richtech Robotics | 388.07 Mn | 388.07 Mn | 802,000.00 | 571,000.00 |
| 3 | Securetech Innovations | 353.63 Mn | 353.63 Mn | - | - |
| 4 | Palladyne AI | 265.80 Mn | 222.06 Mn | 1.68 Mn | 4.10 Mn |
| 5 | VenHub Global | 68.18 Mn | 65.62 Mn | -212,630.00 | 299,244.00 |
| 6 | NightFood Holdings | 7.74 Mn | 7.74 Mn | 1.98 Mn | 724,361.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.02 Mn |
| Mar 31, 2026 | 11.99 Mn |
| Dec 31, 2025 | 7.56 Mn |
| Sep 30, 2025 | 5.07 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 1.91 Mn |
| Dec 31, 2024 | 959,000.00 |
| Sep 30, 2024 | 917,000.00 |
| Jun 30, 2024 | 871,000.00 |
| Mar 31, 2024 | 540,974.00 |
| Dec 31, 2023 | 892,527.00 |
| Sep 30, 2023 | 572,537.00 |
| Jun 30, 2023 | 592,648.00 |
| Mar 31, 2023 | 521,687.00 |
| Dec 31, 2022 | 479,222.00 |
| Sep 30, 2022 | 681,434.00 |