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Serve Robotics Inc. /DE/ SERV

Nasdaq · stock · General Industrial Machinery & Equipment, NEC · website · IPO 2024-03-06

Serve Robotics Inc. /DE/ financials (annual)

Revenue
$107819 $207545 $1.8M $2.7M 20212022202320242025
Net income
-$54627 -$21.9M -$24.8M -$39.2M -$101.4M 20212022202320242025
Free cash flow
-$25.0M -$16.0M -$31.8M -$117.6M 20212022202320242025

Bars are annual figures from 2021 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021
Revenue$2.7M$1.8M$207,545$107,819
Gross profit-$15.4M-$75,000-$1.5M-$1.0M
R&D expense$45.3M$24.3M$9.9M$13.6M
Operating income-$112.8M-$38.3M-$20.7M-$21.0M-$54,627
Interest expense$2.3M$636,330
Income tax-$3.7M$0$0
Net income-$101.4M-$39.2M-$24.8M-$21.9M-$54,627
EPS (diluted)$-1.63$-1.07$-1.75$-3.17$-0.01
Operating cash flow-$80.2M-$21.5M-$16.0M-$21.4M-$51,627
Free cash flow-$117.6M-$31.8M-$16.0M-$25.0M
Cash & equivalents$106.2M$123.3M$6,756$2.7M
Inventory$0$310,000$774,349$618,262
Total assets$367.8M$139.6M$2.8M$8.5M$271
Total liabilities$17.0M$7.9M$6.8M$21.0M$72,460
Shareholders' equity$350.7M$131.7M-$4.0M-$12.5M$8.3M

Growth · year-over-year · Revenue CAGR 190.8%

MetricFY2025FY2024FY2023FY2022FY2021
Revenue growth+46.2%+773.5%+92.5%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.