Serve Robotics (SERV) Operating Expenses (2021 - 2026)

Serve Robotics (SERV) posted Operating Expenses of $42.8 million for Q1 2026, up 27.22% on a QoQ basis from $33.6 million in Q4 2025, and up 216.03% year-over-year from $13.5 million in Q1 2025.

Serve Robotics (SERV) Operating Expenses (2021 - 2026) Analysis & Trends

Serve Robotics' Operating Expenses history runs 6 years deep, the most recent figure standing at $42.8 million for Q1 2026.

  • Quarterly Operating Expenses rose 216.03% year-over-year to $42.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $126.6 million (up 191.47% YoY) and the FY2025 annual result came in at $97.4 million, up 154.85% from the prior year.
  • Operating Expenses was $42.8 million for Q1 2026 at Serve Robotics, up from $33.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $42.8 million in Q1 2026 and bottomed at $7888.0 in Q1 2022.
  • A 5-year average of $12.3 million and a median of $8.3 million in 2024 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 63866.76% in 2022, while the deepest fall reached 51.36% in 2022.
  • Serve Robotics' Operating Expenses stood at $6.0 million in 2022, then climbed by 7.44% to $6.5 million in 2023, then surged by 99.87% to $12.9 million in 2024, then jumped by 160.25% to $33.6 million in 2025, then advanced by 27.22% to $42.8 million in 2026.
  • Business Quant data shows SERV's Operating Expenses at $42.8 million in Q1 2026, $33.6 million in Q4 2025, and $30.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Serve Robotics 367.86 Mn 367.86 Mn -9.00 Mn 42.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.78 Mn
Dec 31, 2025 33.63 Mn
Sep 30, 2025 30.44 Mn
Jun 30, 2025 19.79 Mn
Mar 31, 2025 13.54 Mn
Dec 31, 2024 12.92 Mn
Sep 30, 2024 8.29 Mn
Jun 30, 2024 8.70 Mn
Mar 31, 2024 8.31 Mn
Dec 31, 2023 6.46 Mn
Sep 30, 2023 5.07 Mn
Jun 30, 2023 3.77 Mn
Mar 31, 2023 3.90 Mn
Dec 31, 2022 6.02 Mn
Sep 30, 2022 5.02 Mn
Jun 30, 2022 19,190.00
Mar 31, 2022 7,888.00
Dec 31, 2021 9,406.00
Sep 30, 2021 14,720.00
Jun 30, 2021 14,284.00