Serve Robotics Inc. (SERV) Revenue History
Annual and quarterly revenue from 2021 to 2025
Compound Annual Growth Rate (CAGR)
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SERV Revenue Growth
Revenue Breakdown (FY 2025)
SERV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
SERV Revenue Analysis (2021–2025)
As of May 6, 2026, Serve Robotics Inc. (SERV) generated trailing twelve-month (TTM) revenue of $2.7 million, reflecting explosive growth of +401.6% year-over-year. The most recent quarter (Q4 2025) recorded $882,000 in revenue, up 28.5% sequentially.
Looking at the longer-term picture, SERV's historical revenue data shows a 3-year CAGR of +190.8%. The company achieved its highest annual revenue of $2.7 million in 2025, representing a new all-time high.
Revenue diversification analysis shows SERV's business is primarily driven by Fleet Services (61%), and Software Services (39%). With over half of revenue concentrated in Fleet Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including CART (+10.2% YoY), COUR (+9.8% YoY), and UBER (+18.3% YoY), SERV has outperformed the peer group in terms of revenue growth. Compare SERV vs CART →
SERV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SERVCurrent | $3M | +401.6% | - | -4253.8% | |
 CART | $3.4B | +10.2% | - | 14.5% | |
 COUR | $758M | +9.8% | +20.9% | -10.3% | |
 UBER | $52.0B | +18.3% | +36.1% | 10.7% | |
 DASH | $13.7B | +24.5% | +36.6% | 5.3% | |
 RLAY | $15M | +39.0% | -28.6% | -1971.6% |
SERV Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.7M | +46.3% | $-15,382,000 | -580.2% | $-112,769,000 | -4253.8% |
| 2024 | $1.8M | +773.3% | $-75,156 | -4.1% | $-38,288,944 | -2112.5% |
| 2023 | $208K | +92.5% | $-1,522,717 | -733.7% | $-20,727,604 | -9987.0% |
| 2022 | $108K | - | $-1,040,607 | -965.1% | $-20,953,053 | -19433.5% |
| 2021 | $0 | - | $-42,469 | - | $-10,622,363 | - |
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Start ComparisonSERV — Frequently Asked Questions
Quick answers to the most common questions about buying SERV stock.
Is SERV's revenue growth accelerating or slowing?
SERV revenue is accelerating at +401.6% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $3M. Growth momentum has increased versus prior periods.
What is SERV's long-term revenue growth rate?
Serve Robotics Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +401.6% is above this long-term average.
How is SERV's revenue distributed by segment?
SERV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2021-2025 are available for download. Segment mix reveals concentration and diversification trends.