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Serve Robotics Inc. (SERV) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, Serve Robotics Inc. (SERV - Free Report) reported revenue of $3.24 million, up 405.9% over the same period last year. EPS came in at -$0.80, compared to -$0.36 in the year-ago quarter.
The reported revenue represents a surprise of -8.45% over the Zacks Consensus Estimate of $3.54 million. With the consensus EPS estimate being -$0.69, the EPS surprise was -15.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Serve Robotics Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Daily Active Robots: 792 compared to the 1,510 average estimate based on two analysts.
Revenue- Software services: $0.93 million versus the three-analyst average estimate of $0.31 million. The reported number represents a year-over-year change of +199%.
Revenue- Fleet services: $2.31 million versus $3.25 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +598.5% change.
Shares of Serve Robotics Inc. have returned -3.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Serve Robotics Inc. (SERV) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, Serve Robotics Inc. (SERV - Free Report) reported revenue of $3.24 million, up 405.9% over the same period last year. EPS came in at -$0.80, compared to -$0.36 in the year-ago quarter.
The reported revenue represents a surprise of -8.45% over the Zacks Consensus Estimate of $3.54 million. With the consensus EPS estimate being -$0.69, the EPS surprise was -15.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Serve Robotics Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Serve Robotics Inc. here>>>
Shares of Serve Robotics Inc. have returned -3.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.