Serve Robotics Inc. (SERV) — Financial statements
Income statement, balance sheet, and cash flow for Serve Robotics Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3↑46.3% | 2↑773.3% | 0.21↑92.5% | 0.11 | 0.00 | |
| Cost of Revenue | 18↑855.3% | 2↑9.1% | 2↑50.7% | 1↑2604.2% | 0.04 | |
| Gross Profit | -15↓20366.8% | -0.08↑95.1% | -2↓46.3% | -1↓2350.3% | -0.04 | |
| Operating Expenses | ||||||
| R&D Expenses | 45↑86.6% | 24↑143.8% | 10↓26.7% | 14↑91.3% | 7 | |
| General & Administrative Expenses | 37↑269.8% | 10↑117.3% | 5↑22.0% | 4↑53.6% | 2 | |
| Selling & Marketing Expenses | 3↑402.7% | 0.58↓4.6% | 0.61↑15.2% | 0.53↑276.3% | 0.14 | |
| SG&A Expenses | 40↑277.0% | 11↑103.2% | 5↑21.2% | 4↑65.5% | 3 | |
| Other Expenses | 12↑261.8% | 3↓17.1% | 4↑98.2% | 2↑120.1% | 0.92 | |
| Operating Expenses | 97↑154.8% | 38↑99.0% | 19↓3.6% | 20↑87.5% | 11 | |
| Total Costs & Expenses | 115↑187.8% | 40↑91.6% | 21↓0.6% | 21↑98.3% | 11 | |
| Operating Results | ||||||
| Operating Income | -113↓194.5% | -38↓84.7% | -21↑1.1% | -21↓97.3% | -11 | |
| Depreciation & Amortization | 8↑2551.8% | 0.31↓83.4% | 2↑380.2% | 0.39↑813.9% | 0.04 | |
| EBITDA | -105↓175.3% | -38↓118.3% | -17↑16.5% | -21↑3.7% | -22 | |
| EBIT | -113↓194.5% | -38↓98.8% | -19↑9.2% | -21↑2.1% | -22 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -0.68↑69.9% | -2↓255.9% | -0.64 | 0.00 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 0.68↓69.9% | 2↑255.9% | 0.64 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -1↓652.8% | 0.27↓97.6% | 11 | |
| Other Income / Expenses | 8↑959.3% | -0.90↑77.9% | -4↓353.0% | -0.90↑91.8% | -11 | |
| Income Before Tax | -105↓168.0% | -39↓57.9% | -25↓13.5% | -22↓0.9% | -22 | |
| Income Tax Expense | -4 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -101↓158.6% | -39↓57.9% | -25↓13.5% | -22↓0.9% | -22 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -101↓158.6% | -39↓57.9% | -25↓13.5% | -22↓0.9% | -22 | |
| Bottom-Line Net Income | -101↓158.6% | -39↓57.9% | -25↓13.5% | -22↓0.9% | -22 | |
| EPS (Basic) | -1.63↓52.3% | -1.07↓59.7% | -0.67↓13.6% | -0.59↓1.7% | -0.58 | |
| EPS (Diluted) | -1.63↓52.3% | -1.07↓59.7% | -0.67↓13.6% | -0.59↓1.7% | -0.58 | |
| Weighted Average Shares | 62↑69.9% | 37↓0.8% | 37↑0.0% | 37↑0.0% | 37 | |
| Weighted Average Diluted Shares | 62↑69.9% | 37↓0.8% | 37↑0.0% | 37↑0.0% | 37 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.