Serve Robotics (SERV) Research & Development (2022 - 2026)
Serve Robotics (SERV) posted Research & Development of $19.0 million for Q1 2026, up 20.08% on a QoQ basis from $15.9 million in Q4 2025, and up 7865.27% year-over-year from $239000.0 in Q1 2025.
Serve Robotics (SERV) Research & Development (2022 - 2026) Analysis & Trends
Serve Robotics' Research & Development history runs 5 years deep, the most recent figure standing at $19.0 million for Q1 2026.
- Quarterly Research & Development rose 7865.27% year-over-year to $19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.2 million (up 102.93% YoY) and the FY2025 annual result came in at $45.3 million, up 86.63% from the prior year.
- Research & Development was $19.0 million for Q1 2026 at Serve Robotics, up from $15.9 million in the prior quarter.
- Across five years, Research & Development topped out at $19.0 million in Q1 2026 and bottomed at $123694.0 in Q4 2023.
- A 5-year average of $4.9 million and a median of $3.3 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development slumped 97.12% — and 2026, when it jumped 7865.27%.
- Serve Robotics' Research & Development stood at $4.3 million in 2022, then slumped by 97.12% to $123694.0 in 2023, then jumped by 5414.41% to $6.8 million in 2024, then jumped by 132.41% to $15.9 million in 2025, then grew by 20.08% to $19.0 million in 2026.
- Business Quant data shows SERV's Research & Development at $19.0 million in Q1 2026, $15.9 million in Q4 2025, and $883000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 211.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | - |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 358.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 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 | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 180.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | - |
| 10 | Serve Robotics | 367.86 Mn | 367.86 Mn | -9.00 Mn | 19.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.04 Mn |
| Dec 31, 2025 | 15.85 Mn |
| Sep 30, 2025 | 883,000.00 |
| Jun 30, 2025 | 463,000.00 |
| Mar 31, 2025 | 239,000.00 |
| 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 | 123,694.00 |
| Sep 30, 2023 | 2.96 Mn |
| Jun 30, 2023 | 2.13 Mn |
| Mar 31, 2023 | 279,582.00 |
| Dec 31, 2022 | 4.29 Mn |
| Sep 30, 2022 | 3.26 Mn |