balance equationreview2023-06-30
Difference 22198427 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
Revenue
$3.24M
Fiscal year ended 2026-06-30Operating income
-$66.06M
Fiscal year ended 2026-06-30Free cash flow
-$44.29M
Fiscal year ended 2026-06-30Serve Robotics Inc. /DE/ (SERV) reported revenue of $3.24M and net income of -$64.13M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Serve Robotics Inc. /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under General Industrial Machinery & Equipment, NEC.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.24M | $2.98M | $882.00K | $687.00K | $642.00K | $440.00K | $176.00K | $222.00K | $468.00K | $946.71K |
| Cost of revenue | $12.02M | $11.98M | $7.56M | $5.07M | $3.50M | $1.91M | $832.00K | $378.00K | $326.00K | $352.44K |
| Gross profit | -$8.78M | -$9.00M | -$6.68M | -$4.38M | -$2.86M | -$1.47M | -$656.00K | -$156.00K | $142.00K | $594.27K |
| Operating income | -$66.06M | -$51.78M | -$40.30M | -$34.82M | -$22.64M | -$15.01M | -$13.58M | -$8.44M | -$8.56M | -$7.71M |
| Net income | -$64.13M | -$49.00M | -$34.27M | -$33.02M | -$20.85M | -$13.22M | -$13.12M | -$8.00M | -$9.04M | -$9.04M |
| Research & development | $20.28M | $19.04M | $15.85M | $13.41M | $9.12M | $6.88M | $6.82M | $5.01M | $5.79M | $6.64M |
| Weighted-average diluted shares | shares 80.31M | shares 75.30M | Unavailable | shares 61.34M | shares 57.51M | shares 56.32M | Unavailable | shares 40.59M | shares 33.80M | shares 24.56M |
| Pretax income | -$64.16M | -$49.65M | Unavailable | Unavailable | -$20.85M | -$13.22M | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | -$36.20K | -$648.00K | -$3.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Diluted EPS | $-0.80 | $-0.65 | Unavailable | $-0.54 | $-0.36 | $-0.23 | Unavailable | $-0.20 | $-0.27 | $-0.37 |
| Selling, general & administrative | $29.14M | $16.79M | $12.45M | $14.04M | $8.54M | $4.99M | $5.14M | $2.36M | $2.04M | $1.13M |
| General & administrative | $24.84M | $14.92M | $11.14M | $13.15M | $8.08M | $4.75M | $5.23M | $1.98M | $1.87M | $1.01M |
| Selling & marketing | $4.30M | $1.87M | $1.32M | $883.00K | $463.00K | $239.00K | -$91.00K | $384.00K | $166.00K | $118.24K |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $79.11M | $47.11M | $106.24M | $116.84M | $116.70M | $197.76M | $123.27M | $50.91M | $28.78M | Unavailable |
| Total assets | $378.62M | $340.80M | $367.75M | $299.10M | $214.32M | $216.59M | $139.60M | $61.47M | $32.77M | $4.25M |
| Current assets | $247.29M | $201.13M | $241.08M | $219.70M | $186.53M | $199.97M | $125.25M | $54.89M | $30.88M | $3.03M |
| Total liabilities | $26.83M | $23.01M | $17.01M | $15.24M | $7.11M | $6.43M | $7.92M | $5.29M | $4.30M | $13.05M |
| Current liabilities | $19.27M | $19.74M | $13.30M | $12.76M | $5.69M | $5.26M | $6.81M | $5.15M | $4.27M | $12.79M |
| Total equity incl. NCI | $351.79M | $317.79M | $350.74M | $283.86M | $207.21M | $210.16M | $131.68M | $56.18M | $28.46M | -$8.81M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | $0 | $0 | $0 | $0 | $310.00K | $327.36K | $709.29K | $736.54K |
| Accounts receivable | $2.88M | $3.94M | $851.00K | $805.00K | $656.00K | $381.46K | $87.00K | $13.10K | $93.13K | $266.03K |
| Goodwill | $28.00M | $28.00M | $15.53M | $11.84M | $4.59M | Unavailable | $0 | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $5.50M | $5.70M | $5.01M | $7.75M | $2.53M | $3.65M | $4.90M | $3.61M | $1.39M | $1.73M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$43.32M | -$41.42M | -$29.64M | -$25.18M | -$15.96M | -$9.46M | -$6.26M | -$5.46M | -$5.74M | -$4.08M |
| Capital expenditures | $973.00K | $1.44M | $16.50M | $11.33M | $6.04M | $3.46M | $4.86M | $4.60M | $794.66K | $3.34K |
| Investing cash flow | -$8.10M | -$19.62M | -$75.86M | -$40.21M | -$78.63M | -$3.30M | -$4.92M | -$4.60M | -$794.66K | -$3.34K |
| Financing cash flow | $83.41M | $1.91M | $94.95M | $65.47M | $13.54M | $87.26M | $83.54M | $32.19M | $34.89M | $4.50M |
| Net change in cash | $32.00M | -$59.12M | -$10.60M | $138.00K | -$81.06M | $74.49M | $72.35M | $22.13M | $28.35M | $420.73K |
| Stock-based compensation | $14.68M | $7.35M | $6.33M | $6.64M | $4.40M | $3.88M | $4.62M | $2.20M | $3.48M | $4.26M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | $6.26M | $4.83M | $2.10M | $817.00K | $475.00K | $273.00K | $9.00K | Unavailable | Unavailable |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$44.29M | -$42.87M | -$46.14M | -$36.51M | -$22.00M | -$12.92M | -$11.12M | -$10.06M | -$6.54M | -$4.08M |
| Gross margin | -271.1% | -301.6% | -756.8% | -637.4% | -445.3% | -333.9% | -372.7% | -70.3% | 30.3% | 62.8% |
| Operating margin | -2040.3% | -1735.3% | -4569.4% | -5067.8% | -3527.1% | -3410.5% | -7714.2% | -3804.1% | -1828.2% | -814.6% |
| FCF margin | -1367.8% | -1436.5% | -5231.6% | -5314.1% | -3426.8% | -2937.3% | -6318.2% | -4529.7% | -1396.6% | -431.1% |
| SBC / revenue | 453.5% | 246.4% | 718.0% | 966.8% | 685.0% | 881.6% | 2627.8% | 988.7% | 743.5% | 449.5% |
| Current ratio | 12.83x | 10.19x | 18.13x | 17.21x | 32.79x | 38.03x | 18.40x | 10.65x | 7.24x | 0.24x |
| Revenue YoY growth | 404.4% | 578.2% | 401.1% | 209.5% | 37.2% | -53.5% | 312.0% | 254.8% | 654.7% | 2252.0% |
| Net margin | -1980.5% | Unavailable | -3885.8% | -4806.4% | -3247.7% | Unavailable | -7454.5% | -3601.8% | Unavailable | Unavailable |
| R&D / revenue | 626.3% | 638.0% | 1797.4% | 1952.5% | 1420.6% | 1563.6% | 3875.6% | 2255.9% | 1236.8% | 701.2% |
| CapEx / revenue | 30.0% | 48.4% | 1871.1% | 1649.6% | 940.3% | 786.6% | 2759.7% | 2070.7% | 169.8% | 0.4% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SERV in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-12View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2023-03-31
Difference 17359070 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2022-09-30
Difference 5004075 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.