Serve Robotics (SERV) Research & Development (2022 - 2026)
Serve Robotics' (SERV) quarterly Research & Development came in at $20.3 million in Q2 2026, up 122.36% on a YoY basis from $9.1 million in Q2 2025, and up 6.52% quarter-over-quarter from $19.0 million in Q1 2026.
Analysis
Serve Robotics (SERV) Research & Development (2022 - 2026) Analysis & Trends
Serve Robotics (SERV) has reported Research & Development for 5 consecutive years, with $20.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 122.36% year-over-year to $20.3 million; the trailing twelve-month figure through Jun 2026 stood at $68.6 million (up 146.44% YoY), and the FY2025 full-year result was $45.3 million, up 86.63% from the prior year.
- Research & Development improved to $20.3 million in Q2 2026 per SERV's latest filing, from $19.0 million in the prior quarter.
- Across five years, Research & Development topped out at $20.3 million in Q2 2026 and bottomed at $2.1 million in Q1 2023.
- Historically, Research & Development has averaged $7.9 million across 5 years, with a median of $6.2 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development sank 35.3% in 2023, then jumped 218.7% in 2024.
- Over 5 years, Research & Development stood at $4.3 million in 2022, then plunged by 35.3% to $2.8 million in 2023, then jumped by 145.73% to $6.8 million in 2024, then jumped by 132.41% to $15.9 million in 2025, then advanced by 27.92% to $20.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $20.3 million, $19.0 million, and $15.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Serve Robotics | 428.16 Mn | 428.16 Mn | -8.78 Mn | 20.28 Mn |
| 2 | Richtech Robotics | 392.68 Mn | 392.68 Mn | 802,000.00 | 950,000.00 |
| 3 | Securetech Innovations | 346.64 Mn | 346.64 Mn | - | - |
| 4 | Palladyne AI | 280.61 Mn | 236.86 Mn | 1.68 Mn | 4.33 Mn |
| 5 | VenHub Global | 75.03 Mn | 72.46 Mn | -212,630.00 | 182,603.00 |
| 6 | NightFood Holdings | 8.01 Mn | 8.01 Mn | 1.98 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 |