Serve Robotics (SERV) Balance Sheet: Assets & Liabilities

Serve Robotics (SERV) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Serve Robotics reported total assets of $367.75M and total liabilities of $17.01M. Shareholders' equity was $350.74M, up 166.4% from $131.68M a year earlier. Total debt stood at $5.25M against $233.41M in cash and short-term investments, a net cash position of $228.16M. That puts debt-to-equity at 0.01, compared with 0.02 a year earlier.

Serve Robotics Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Serve Robotics Inc. (SERV) - 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
Current Assets
Cash and Cash Equivalents	106.24	123.27	0.01	2.72	7.97
Short-Term Investments	127.17	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	233.41	123.27	0.01	2.72	7.97
Accounts Receivable	0.85	0.09	0.00	0.02	0.00
Inventory	0.00	0.31	0.77	0.62	0.46
Other Current Assets	6.12	1.40	0.68	0.08	0.01
Total Current Assets	241.08	125.25	1.46	3.44	8.44
Non-Current Assets
Property, Plant & Equipment (Net)	52.38	13.77	0.83	4.59	0.12
Long-Term Investments	26.34	0.00	0.17	0.17	0.00
Goodwill	15.53	0.00	0.00	0.00	0.00
Intangible Assets	31.31	0.00	0.00	0.00	0.00
Other Non-Current Assets	1.11	0.58	0.51	0.51	0.10
Total Non-Current Assets	126.68	14.35	1.34	5.11	0.22
Total Assets	367.75	139.60	2.80	8.54	8.66
Current Liabilities
Accounts Payable	5.01	4.90	2.05	0.16	0.34
Short-Term Debt	1.80	1.23	1.07	1.00	0.00
Current Portion of Long-Term Debt	-	-	1.00	1.00	-
Accrued Liabilities	6.48	0.66	0.26	0.04	-
Deferred Revenue	0.00	0.02	0.00	0.00	0.00
Other Current Liabilities	6.48	0.65	0.26	0.04	0.00
Total Current Liabilities	13.30	6.81	6.24	3.90	0.34
Non-Current Liabilities
Long-Term Debt	3.45	1.11	0.23	1.21	0.00
Deferred Tax Liabilities	0.26	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.26	0.00	0.16	13.31	0.00
Total Non-Current Liabilities	3.71	1.11	0.60	17.10	0.00
Total Liabilities	17.01	7.92	6.84	21.00	0.34
Stockholders' Equity
Common Stock	0.01	0.01	0.00	0.00	0.00
Retained Earnings	-208.89	-107.53	-68.33	-43.52	-21.67
Accumulated Other Comprehensive Income	0.14	0.00	-0.17	-0.17	0.00
Additional Paid-in Capital	559.49	239.20	64.47	31.23	29.98
Shares Outstanding	74.73	51.29	36.94	36.94	36.94
Total Stockholders' Equity	350.74	131.68	-4.03	-12.45	8.32
Total Liabilities & Equity	367.75	139.60	2.80	8.54	8.66

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 Balance Sheet

How much debt does Serve Robotics have?

Serve Robotics had total debt of $5.25M as of Dec 31, 2025, against $233.41M in cash and short-term investments. Its debt-to-equity ratio was 0.01. Total debt was $2.34M a year earlier.

What are Serve Robotics's total assets?

Serve Robotics reported total assets of $367.75M as of Dec 31, 2025, up 163.4% from $139.60M a year earlier. Total liabilities were $17.01M.

What is Serve Robotics's shareholders' equity?

Serve Robotics's shareholders' equity was $350.74M as of Dec 31, 2025, or about $4.69 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition