Serve Robotics Q2 revenue $642k (+46% QoQ); delivery volume up 78%; guidance reaffirmed

Serve Robotics Inc. /DE/

2025-Q2 EPS reported -$0.60 revenue$1,082,000

Q2 revenue $642k, up 46% sequentially; daily active robots 160 (vs 73 in Q1); daily supply hours +340% YoY.
Delivery volume grew 78% sequentially; launched Atlanta market, announced Chicago, completed Doha pilot.
Liquidity $183M; Q3 guidance $600-700k revenue (170-215% YoY growth); projected annualized $60-80M at full fleet utilization.
Post-Q2 began Little Caesars delivery; plans to quadruple fleet again in H2 2025 after quadrupling in H1.

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