SERV - NASDAQ
Serve Robotics Inc.
$8.24
-9.2%Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.
At a Glance
Live SnapshotServe Robotics Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Serve Robotics Inc. Cash Flow Statement
SERV • NASDAQ
| Serve Robotics Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||
-101.4M | -39.2M | -24.8M | -21.9M | -21.7M | |
8.2M | 309.7K | 3.7M | 388.1K | 42.5K | |
-4.7M | 0.0 | 0.0 | 0.0 | 0.0 | |
21.3M | 14.6M | 544.4K | 195.1K | 8.7K | |
-1.1M | 1.9M | 5.2M | 279.3K | 11M | |
-2.6M | 884.7K | -552.6K | -410.2K | -138.3K | |
-80.2M | -21.5M | -16M | -21.4M | -10.7M | |
INVESTING ACTIVITIES | |||||
-37.3M | -10.3M | -4.9K | -3.6M | -162.1K | |
-7.5M | (0.0) | (0.0) | (0.0) | (0.0) | |
-203.8M | (0.0) | (0.0) | (0.0) | (0.0) | |
51.5M | 0.0 | 0.0 | 0.0 | 0.0 | |
-911K | -65.6K | 0.0 | -416K | -96.6K | |
-198M | -10.3M | -4.9K | -4.1M | -258.7K | |
FINANCING ACTIVITIES | |||||
261.4M | 113.4M | -3.0 | 0.0 | 4.4K | |
-186K | 1.7M | -2.7M | 6.3M | 0.0 | |
(0.0) | (0.0) | -3.0 | (0.0) | (0.0) | |
48K | 39.9M | 16M | 12.9M | 7.9M | |
261.2M | 155.1M | 13.3M | 20.2M | 18.9M | |
CASH FLOW SUMMARY | |||||
1K | 0.0 | 0.0 | 0.0 | 0.0 | |
-17M | 123.3M | -2.7M | -5.3M | 8M | |
123.3M | 6.8K | 2.7M | 8M | 0.0 | |
106.2M | 123.3M | 6.8K | 2.7M | 8M | |
-117.6M | -31.8M | -16M | -25M | -10.9M |
SEC Filings
SERV - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
S-3 S-3 N/A | May 11, 2026 | May 11, 2026 | ||
8-K 8-K 2026 N/A | May 11, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 17, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | April 14, 2026 | January 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 20, 2026 | February 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 29, 2026 | January 27, 2026 | 2026 |
Related Guides
Continue your SERV research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.