Serve Robotics Inc. /DE/ financials
Source: EDGAR filings · Built 2026-06-02T04:01:15Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -117.76M | -33.58M | -17.69M | -25.05M | — | — |
| EBITDA | -104.56M | -37.98M | -18.86M | -20.56M | — | — |
| Working Capital | 227.78M | 118.44M | -4.78M | -457.99K | -72.19K | -17.56K |
| Net Debt | -100.98M | -120.92M | 710.73M | 3.77M | 64.69K | 13.06K |
| Gross Margin | -580.23% | -4.14% | -733.68% | -965.14% | — | — |
| Operating Margin | -4253.83% | -2111.91% | -9987.04% | -19433.54% | — | — |
| Net Margin | -3823.50% | -2161.67% | -11955.83% | -20270.20% | — | — |
| Return on Equity (ROE) | -28.90% | -29.76% | 615.11% | 175.51% | -0.66% | 102.85% |
| Return on Assets (ROA) | -27.56% | -28.07% | -884.77% | -255.79% | -20157.56% | -191.38% |
| Current Ratio | 18.13× | 18.40× | 0.23× | 0.88× | 0.00× | 0.35× |
| Debt-to-Equity | 0.01× | 0.02× | -176.19× | -0.52× | 0.01× | -1.28× |
| Effective Tax Rate | 3.48% | 0.00% | — | — | — | — |
| Cash Conversion Ratio | 0.79× | 0.55× | 0.64× | 0.98× | 0.95× | 0.72× |
| Accruals Ratio | -0.06× | -0.13× | -3.15× | -0.05× | -11.07× | -0.53× |
| SBC % of Revenue | 801.66% | 802.81% | 262.29% | 180.91% | — | — |
| CapEx Coverage | -2.14× | -1.79× | -9.29× | -5.87× | — | — |
| Free Cash Flow Per Share | $-1.89 | $-0.92 | $-1.25 | $-3.63 | — | — |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.65M | 1.81M | 207.54K | — | — | — |
| Revenues | — | — | 207.54K | 107.82K | — | — |
| Cost of Goods and Services Sold | 18.03M | 1.89M | 1.73M | — | — | — |
| Cost of Revenue | — | — | 1.73M | 1.15M | — | — |
| Gross Profit | -15.38M | -75.00K | -1.52M | -1.04M | — | — |
| Research and Development Expense | 45.27M | 24.25M | 9.95M | 13.57M | — | — |
| Operating Expenses | 97.39M | 38.21M | 19.20M | 19.91M | — | — |
| Operating Income (Loss) | -112.77M | -38.29M | -20.73M | -20.95M | -54.63K | -18.06K |
| Income Tax Expense (Benefit) | -3.66M | 0 | 0 | — | — | — |
| Net Income (Loss) Attributable to Parent | -101.36M | -39.19M | -24.81M | -21.86M | -54.63K | -18.06K |
| Earnings Per Share, Basic | $-1.63 | $-1.07 | $-1.75 | $-3.17 | $-0.01 | — |
| Weighted Average Number of Shares Outstanding, Basic | 62.28M | 36.66M | 14.20M | 6.90M | 5.00M | — |
| Earnings Per Share, Diluted | $-1.63 | $-1.07 | $-1.75 | $-3.17 | $-0.01 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 62.28M | 36.66M | 14.20M | 6.90M | 5.00M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 106.24M | 123.27M | 6.76K | 2.72M | — | 9.44K |
| Assets, Current | 241.07M | 125.25M | 1.46M | 3.44M | 271 | 9.44K |
| Assets | 367.75M | 139.60M | 2.80M | 8.54M | 271 | 9.44K |
| Liabilities, Current | 13.30M | 6.81M | 6.24M | 3.90M | 72.46K | 27.00K |
| Liabilities | 17.01M | 7.92M | 6.84M | 21.00M | 72.46K | 27.00K |
| Stockholders' Equity Attributable to Parent | 350.74M | 131.68M | -4.03M | -12.45M | 8.32M | -17.56K |
| Common Stock, Shares, Outstanding | 74.73M | 51.29M | 24.51M | 6.83M | 5.00M | 5.00M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -80.24M | -21.54M | -15.97M | -21.40M | -51.63K | -13.09K |
| Payments to Acquire Property, Plant, and Equipment | 37.33M | 10.25M | 4.91K | 3.64M | — | — |
| Net Cash Provided by (Used in) Investing Activities | -198.00M | -10.32M | -4.91K | -4.06M | — | — |
| Net Cash Provided by (Used in) Financing Activities | 261.21M | 155.12M | 13.27M | 20.21M | 42.46K | 22.52K |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -42.87M | -46.14M | -71.62M | -35.11M | -13.49M | -11.58M |
| EBITDA | -45.52M | -35.48M | — | — | -14.53M | -13.30M |
| Working Capital | 181.40M | 227.78M | 206.94M | 180.84M | 194.71M | 118.44M |
| Net Debt | -42.30M | -100.98M | -112.69M | -114.13M | -195.87M | -120.92M |
| Gross Margin | -301.64% | -756.80% | -637.41% | -445.33% | -333.86% | -372.73% |
| Operating Margin | -1735.32% | -4569.39% | -5067.83% | -3527.10% | -3410.45% | -7714.20% |
| Net Margin | -1642.23% | -3885.83% | -4806.40% | -3247.66% | -3003.86% | -7454.55% |
| Return on Equity (ROE) | -15.42% | -9.77% | -11.63% | -10.06% | -6.29% | -9.96% |
| Return on Assets (ROA) | -14.38% | -9.32% | -11.04% | -9.73% | -6.10% | -9.40% |
| Current Ratio | 10.19× | 18.13× | 17.21× | 32.79× | 38.03× | 18.40× |
| Debt-to-Equity | 0.02× | 0.01× | 0.01× | 0.01× | 0.01× | 0.02× |
| Effective Tax Rate | 1.31% | — | — | — | 0.00% | — |
| Cash Conversion Ratio | 0.85× | 0.86× | 1.53× | 1.22× | 0.72× | 0.48× |
| Accruals Ratio | -0.02× | -0.01× | 0.06× | 0.02× | -0.02× | -0.05× |
| SBC % of Revenue | 246.41% | 718.03% | 2171.62% | 1289.25% | 881.59% | 2627.84% |
| CapEx Coverage | -28.69× | -1.80× | -2.41× | -2.63× | -2.35× | -1.18× |
| Free Cash Flow Per Share | $-0.57 | $-0.74 | $-1.17 | $-0.61 | $-0.24 | $-0.32 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.98M | 882.00K | 687.00K | 642.00K | 440.00K | 176.00K |
| Cost of Goods and Services Sold | 11.98M | 7.56M | 5.07M | 3.50M | 1.91M | 832.00K |
| Gross Profit | -9.00M | -6.67M | -4.38M | -2.86M | -1.47M | -656.00K |
| Research and Development Expense | 19.04M | 15.85M | 13.41M | 9.12M | 6.88M | 6.82M |
| Operating Expenses | 42.78M | 33.63M | 30.44M | 19.79M | 13.54M | 12.92M |
| Operating Income (Loss) | -51.78M | -40.30M | -34.82M | -22.64M | -15.01M | -13.58M |
| Income Tax Expense (Benefit) | -648.00K | -3.66M | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -49.00M | -34.27M | -33.02M | -20.85M | -13.22M | -13.12M |
| Earnings Per Share, Basic | $-0.65 | $-0.48 | $-0.54 | $-0.36 | $-0.23 | $-0.29 |
| Weighted Average Number of Shares Outstanding, Basic | 75.30M | 62.28M | 61.34M | 57.51M | 56.32M | 36.66M |
| Earnings Per Share, Diluted | $-0.65 | $-0.48 | $-0.54 | $-0.36 | $-0.23 | $-0.29 |
| Weighted Average Number of Shares Outstanding, Diluted | 75.30M | 62.28M | 61.34M | 57.51M | 56.32M | 36.66M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 47.11M | 106.24M | 116.84M | 116.70M | 197.76M | 123.27M |
| Assets, Current | 201.13M | 241.07M | 219.70M | 186.53M | 199.97M | 125.25M |
| Assets | 340.80M | 367.75M | 299.10M | 214.31M | 216.59M | 139.60M |
| Liabilities, Current | 19.73M | 13.30M | 12.76M | 5.69M | 5.26M | 6.81M |
| Liabilities | 23.01M | 17.01M | 15.24M | 7.11M | 6.43M | 7.92M |
| Stockholders' Equity Attributable to Parent | 317.79M | 350.74M | 283.86M | 207.21M | 210.16M | 131.68M |
| Common Stock, Shares, Outstanding | 76.01M | 74.73M | 67.76M | 59.33M | 56.85M | 51.29M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -41.42M | -29.64M | -50.60M | -25.43M | -9.46M | -6.26M |
| Payments to Acquire Property, Plant, and Equipment | 1.44M | 16.50M | 20.83M | 9.50M | 3.46M | 4.86M |
| Net Cash Provided by (Used in) Investing Activities | -19.61M | -75.86M | -122.14M | -81.93M | -3.30M | -4.92M |
| Net Cash Provided by (Used in) Financing Activities | 1.91M | 94.95M | 166.26M | 100.80M | 87.26M | 83.54M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SERV CIK 0001832483),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.