Serve Robotics (SERV) Research & Development (2022 - 2026)
Serve Robotics (SERV) recorded Research & Development of $20.28 million in Q2 2026, up 122.4% from $9.12 million a year earlier and up 6.5% from the prior quarter.
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Analysis
Serve Robotics (SERV) Research & Development (2022 - 2026) Analysis & Trends
On a TTM basis, Serve Robotics' Research & Development came in at $68.58 million as of Jun 30, 2026, up 146.4% year-over-year; for FY2025, it came in at $45.27 million, up 86.6% from FY2024.
- Annual Research & Development has a three-year compound annual growth rate of 49.4% (FY2022 to FY2025).
- Across earlier years, Research & Development came in at $24.26 million in FY2024 (+143.8%), $9.95 million in FY2023 (-26.7%) and $13.57 million in FY2022.
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q3 2022.
- On a year-over-year basis, Research & Development has increased for ten consecutive quarters, with growth averaging 109.4% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 218.7% in Q1 2024, against a decline of 35.3% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.04 million (Q1 2026), $15.85 million (Q4 2025) and $13.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.92 Bn | 4.95 Bn | -5.00 Mn | 211.00 Mn |
| 2 | Mobileye Global | 5.96 Bn | -147.87 Mn | 235.00 Mn | 207.00 Mn |
| 3 | Pony AI | 2.00 Bn | 2.00 Bn | 6.35 Mn | -56.24 Mn |
| 4 | WeRide | 1.34 Bn | -1.70 Bn | 12.76 Mn | 170.50 Mn |
| 5 | ECARX Holdings | 299.78 Mn | 7.17 Mn | 44.50 Mn | -29.10 Mn |
| 6 | Securetech Innovations | 290.73 Mn | 290.73 Mn | - | - |
| 7 | Richtech Robotics | 278.16 Mn | -1.00 Bn | 802,000.00 | 950,000.00 |
| 8 | Serve Robotics | 244.95 Mn | -621.83 Mn | -8.78 Mn | 20.28 Mn |
| 9 | Kodiak AI | 224.69 Mn | -283.43 Mn | - | 22.70 Mn |
| 10 | Palladyne AI | 164.63 Mn | -26.99 Mn | 1.68 Mn | 4.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.28 Mn |
| Mar 31, 2026 | 19.04 Mn |
| Dec 31, 2025 | 15.85 Mn |
| Sep 30, 2025 | 13.41 Mn |
| Jun 30, 2025 | 9.12 Mn |
| Mar 31, 2025 | 6.88 Mn |
| Dec 31, 2024 | 6.82 Mn |
| Sep 30, 2024 | 5.01 Mn |
| Jun 30, 2024 | 5.79 Mn |
| Mar 31, 2024 | 6.64 Mn |
| Dec 31, 2023 | 2.78 Mn |
| Sep 30, 2023 | 2.96 Mn |
| Jun 30, 2023 | 2.13 Mn |
| Mar 31, 2023 | 2.08 Mn |
| Dec 31, 2022 | 4.29 Mn |
| Sep 30, 2022 | 3.26 Mn |
API Access
Serve Robotics Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SERV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SERV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SERV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();