Earnings Release
EX-99.1 2 serv-20260630_ex991earning.htm EX-99.1 Document Exhibit 99.1 Serve Robotics Announces Second Quarter 2026 Results • Delivered over 400% revenue growth in Q2 year over year as diverse portfolio of revenue across delivery, branding, and software grew strong triple digits compared to a year ago. • Further diversified revenue applications for Serve’s autonomous robot fleet with new delivery partnership with NoScrubs Laundry in addition to existing food, healthcare, and grocery delivery operations. • Improved gross margin over prior quarter, as the mix of higher-margin recurring revenue jumped to over 50% of all revenues • Ended Q2 with over $240 million in cash and marketable securities, reflecting strong balance sheet and operational flexibility. SAN FRANCISCO, August 6, 2026 -- Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV), a leading autonomy and robotics company,...
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0001832483-26-000034
Filed August 6, 2026 at 8:44 PM UTC. The figures above are from the audited statements, not from this release.