FY2025 · ended Dec 31, 2025 · Revenue $2.65M, +46.2% YoY · Filed Mar 12, 2026
Serve Robotics Inc. (SERV) files with the SEC under industry code 3569, General Industrial Machinery & Equipment, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.7 million and a net loss of $101.4 million. Free cash flow was -$117.6 million. As of Jun 30, 2026 it held $240.4 million in cash and investments and $9.7 million in total debt.
Revenue (TTM)
$7.79M
+426.4% vs year-ago TTM
Net income (TTM)
$-180.42M
-226.9% vs year-ago TTM
Operating cash flow (TTM)
$-139.55M
-275.7% vs year-ago TTM
Free cash flow (TTM)
$-169.81M
-202.7% vs year-ago TTM
EPS (TTM)
$-2.49
-127.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
75.69M
+33.0% vs prior year
Net cash
$230.71M
as of Jun 30, 2026
Operating margin
-2476.8%
FY 2026
Company profile
- Industry
- General Industrial Machinery & Equipment, NEC (SIC 3569)
- Listed as
- SERV (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Carlos, CA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1832483
- Former names
- Patricia Acquisition Corp. (until Aug 2, 2023)
Other General Industrial Machinery & Equipment, NEC companies
- Symbotic Inc. SYM
- Nordson Corp NDSN
- Hesai Group HSAI
- Regal Rexnord Corp RRX
- ESAB Corp ESAB
- Ouster, Inc. OUST
- ChronoScale Holdings Corp CHRN
- ATS Corp /ATS ATS
All 16 General Industrial Machinery & Equipment, NEC companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.7M | $1.8M | $207,545 | — | — |
| Operating income | -$112.8M | -$38.3M | -$20.7M | -$21.0M | -$54,627 |
| Net income | -$101.4M | -$39.2M | -$24.8M | -$21.9M | -$54,627 |
| Diluted EPS | -$1.63 | -$1.07 | -$1.75 | -$3.17 | — |
| Operating cash flow | -$80.2M | -$21.5M | -$16.0M | -$21.4M | -$51,627 |
| Free cash flow | -$117.6M | -$31.8M | -$16.0M | — | — |
| Total assets | $367.8M | $139.6M | $2.8M | $8.5M | $271 |
| Total liabilities | $17.0M | $7.9M | $6.8M | $21.0M | $72,460 |
| Stockholders' equity | $350.7M | $131.7M | -$4.0M | -$12.5M | $8.3M |
| Cash and investments | $259.8M | $123.3M | $6,756 | — | — |
| Total debt | $5.3M | $2.3M | $710.5M | $1.9M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 5, 2026 | Oct 5, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Aug 17, 2026 | Aug 17, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 24, 2026 | Jun 17, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 18, 2026 | Jun 17, 2026 |
All 582 Serve Robotics Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.