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
DateValue
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