Serve Robotics Raises 2026 Revenue Guidance to $12 Million

Serve Robotics Inc. raised its full-year 2026 revenue guidance to $12 million after third-quarter revenue rose 305.8% year over year to $2.8 million, topping estimates by $1.15 million.

The new revenue target compares with the company’s previous guidance range of $9 million to $10 million. At $12 million, it is $2 million above the top of that earlier range.

Serve also lowered its full-year non-GAAP operating expense guidance to $150 million from a previous range of $160 million to $170 million. The new forecast is $10 million below the bottom of that range.

Third-quarter non-GAAP earnings per share were $0.51, beating estimates by $1.16.