Quick Answer
Serve Robotics Inc. /DE/ reported R&D Expense of $45.27 million for fiscal year 2025.
Serve Robotics Inc. /DE/ R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $45.27M | +86.6% |
| 2024 | $24.25M | +143.8% |
| 2023 | $9.95M | -26.7% |
| 2022 | $13.57M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $13.41M | +167.9% | +47.1% |
| June 30, 2025 | $9.12M | +57.6% | +32.6% |
| March 31, 2025 | $6.88M | +3.6% | +37.4% |
| September 30, 2024 | $5.01M | +69.0% | -13.5% |
| June 30, 2024 | $5.79M | +172.3% | -12.8% |
| March 31, 2024 | $6.64M | +218.7% | +124.1% |
| September 30, 2023 | $2.96M | -9.2% | +39.4% |
| June 30, 2023 | $2.13M | — | +2.1% |
- Serve Robotics Inc. /DE/ showed an increase of +86.6% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, Serve Robotics Inc. /DE/’s r&d expense has grown by 233.7% (from $13.57 million to $45.27 million).
- The most recent figure is from Serve Robotics Inc. /DE/’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 12, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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