$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.
Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
SERV • NASDAQ
| Serve Robotics Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
REVENUE | |||||
2.7M | 1.8M | 207.5K | 107.8K | 0.0 | |
GROSS PROFIT | |||||
(18M) | (1.9M) | (1.7M) | (1.1M) | (42.5K) | |
-15.4M | -75.2K | -1.5M | -1M | -42.5K | |
OPERATING INCOME | |||||
(97.4M) | (38.2M) | (19.2M) | (19.9M) | (10.6M) | |
(40M) | (10.6M) | (5.2M) | (4.3M) | (2.6M) | |
(45.3M) | (24.3M) | (9.9M) | (13.6M) | (7.1M) | |
-112.8M | -38.3M | -20.7M | -21M | -10.6M | |
PRE-TAX INCOME | |||||
(0.0) | (680.5K) | (2.3M) | (636.3K) | (0.0) | |
0.0 | -680.5K | -2.3M | -636.3K | 0.0 | |
(12.1M) | (3.3M) | (4M) | (2M) | (924.5K) | |
7.8M | -902.1K | -4.1M | -902.1K | -11M | |
-105M | -39.2M | -24.8M | -21.9M | -21.7M | |
NET INCOME | |||||
-3.7M | (0.0) | (0.0) | (0.0) | (0.0) | |
-101.4M | -39.2M | -24.8M | -21.9M | -21.7M |
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 |
Continue your SERV research with focused valuation guides.
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.