Serve Robotics (SERV) Income Statement

Serve Robotics reported revenue of $2.65M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 46.3% from $1.81M a year earlier. Serve Robotics posted a net loss of $101.36M, compared with a net loss of $39.19M a year earlier. Gross margin was -580.2% and operating margin -4253.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $3.24M, up 404.4% from the same quarter a year earlier.

Serve Robotics Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Serve Robotics Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	2.65	1.81	0.21	0.11	0.00
Cost of Revenue	18.03	1.89	1.73	1.15	0.04
Gross Profit	-15.38	-0.08	-1.52	-1.04	-0.04
Operating Expenses
Research & Development	45.19	24.26	9.73	13.57	7.09
Selling, General & Administrative	50.80	10.61	8.01	4.31	2.61
Operating Expenses	97.39	38.21	19.20	19.91	10.62
Operating Income	-112.77	-38.29	-20.73	-20.95	-10.62
Other Income/Expense
Interest Income	7.27	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.68	-2.26	0.64	0.00
Other Income/Expense	7.75	-0.90	-4.09	-0.90	-11.04
Income
Income Before Tax	-105.02	-39.19	-24.81	-21.86	-21.67
Income Tax Expense	-3.66	0.00	0.00	0.00	0.00
Net Income	-101.36	-39.19	-24.81	-21.86	-21.67
Net Income - Continuous Operations	-101.36	-39.19	-24.81	-21.86	-21.67
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-105.64	-38.20	-17.39	-20.83	-21.62
EBIT	-111.37	-38.29	-19.26	-21.22	-21.67
Depreciation & Amortization	8.21	0.31	1.86	0.39	0.04
Earnings Per Share
Basic EPS	-2.00	-1.00	-2.00	-1.00	-1.00
Diluted EPS	-2.00	-1.00	-2.00	-1.00	-1.00
Basic Shares Outstanding	62.28	36.66	14.20	36.94	24.72
Diluted Shares Outstanding	62.28	36.66	14.20	36.94	24.72

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Serve Robotics Financial Statements

What was Serve Robotics's revenue in fiscal 2025?

Serve Robotics reported revenue of $2.65M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 46.3% from $1.81M a year earlier.

Is Serve Robotics profitable?

No. Serve Robotics reported a net loss of $101.36M in fiscal 2025. In fiscal 2024 it lost $39.19M.

What is Serve Robotics's operating margin?

Serve Robotics's operating income was −$112.77M on revenue of $2.65M in fiscal 2025, an operating margin of -4253.8%, compared with -2112.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition