Serve Robotics (SERV) Operating Expenses (2021 - 2026)
Serve Robotics' (SERV) quarterly Operating Expenses came in at $42.8 million in Q1 2026, up 216.03% YoY from $13.5 million in Q1 2025, and up 27.22% on a QoQ basis from $33.6 million in Q4 2025.
Serve Robotics (SERV) Operating Expenses (2021 - 2026) Analysis & Trends
Serve Robotics (SERV) has 6 years of Operating Expenses data on file, last reported at $42.8 million in 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 improved to $42.8 million in Q1 2026, from $33.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $42.8 million in Q1 2026 to a low of $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.
- The widest YoY moves for Operating Expenses: up 63866.76% in 2022, down 51.36% in 2022.
- Tracing SERV's Operating Expenses over 5 years: stood at $6.0 million in 2022, then gained by 7.44% to $6.5 million in 2023, then soared by 99.87% to $12.9 million in 2024, then surged by 160.25% to $33.6 million in 2025, then rose by 27.22% to $42.8 million in 2026.
- The last three Operating Expenses figures came in at $42.8 million (Q1 2026), $33.6 million (Q4 2025), and $30.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 257.59 Bn | 244.47 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 163.07 Bn | 162.37 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 125.99 Bn | 125.51 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.23 Bn | 85.05 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.69 Bn | 77.02 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.89 Bn | 80.05 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.47 Bn | 53.97 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.43 Bn | 47.95 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.53 Bn | 30.35 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Serve Robotics | 408.38 Mn | 408.38 Mn | -8.78 Mn | 57.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.29 Mn |
| 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 |