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Serve Robotics SERV Q4 2025 Annual earnings

Reported March 11, 2026 · Before market open

Revenue$882.0KBeat by $114.4K
EPS-$0.46Beat by $0.03
Revenue estimate$767.6K
EPS estimate-$0.49

Next report

Nov 11, 2026 (in a month)
Revenue estimate$1.7M
EPS estimate-$0.69

Financials

Q4 2025

Income statement

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Revenue$882.0K+401%
Gross profit-$6.7M-918%
Operating income-$40.3M-197%
Net income-$34.3M-161%
EPS (diluted)-$0.48-65.5%

Balance sheet

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Cash & equivalents$106.2M-13.8%
Total debt$5.3M+124%
Total equity$350.7M+166%
Total assets$367.8M+163%

Cash flow

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Operating cash flow-$29.6M-373%
CapEx$16.5M+240%
Free cash flow-$46.1M-315%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$773.14M+29.3%
Enterprise value$672.15M+40.9%
P/S291.6×-38.3×

Profitability

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Gross margin-580.2%-584pp
Operating margin-4,253.8%-311,542pp
Net margin-3,823.5%+12,688pp
FCF margin-4,435.1%-12,825pp

Returns & leverage

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Return on equity-42%—
Debt / equity0×0.0×
Current ratio18.1×-0.3×

FAQ

When did Serve Robotics report Q4 2025 earnings?
Serve Robotics (SERV) reported Q4 2025 earnings on March 11, 2026 before market open.
What were Serve Robotics's Q4 2025 revenue and EPS?
Serve Robotics reported revenue of $882.0K and eps of $-0.46 for Q4 2025.
Did Serve Robotics beat estimates in Q4 2025?
Revenue beat the consensus estimate of $767.6K by $114.4K. EPS beat the consensus estimate of $-0.49 by $0.03.
How did Serve Robotics's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 401.6% from $175.8K a year earlier and eps declined 100.0% from $-0.23.
Where can I find Serve Robotics's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001832483-26-000004) and the 10-K periodic report (0001832483-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.