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| Date | Value |
|---|---|
| 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 |