Serve cuts 2026 revenue outlook after lower Uber Eats volume
Serve Robotics reported Q2 revenue of $3.2 million, up 404% year over year, but reduced its FY2026 revenue guidance to $9 million to $10 million.
Evidence notes
- The revised outlook reflects lower-than-expected Uber Eats delivery volume, including a sequential decline during Q2 and removal of projected second-half demand.
- Revenue still increased 9% from Q1, while DoorDash-derived revenue grew nearly 50% sequentially.
- Serve ended the quarter with $240.4 million in cash and equivalents as it continued expanding its delivery-robot network.
Company context
Serve Robotics develops and operates autonomous sidewalk delivery robots for urban last-mile food and goods delivery.