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Serve Robotics SERV Operating Income

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$3.0M+578%
Gross profit-$9.0M-513%
Net income-$49.0M-271%
EPS (diluted)-$0.65-183%

Balance sheet

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Cash & equivalents$47.1M-76.2%
Total debt$4.8M+155%
Total equity$317.8M+51.2%
Total assets$340.8M+57.3%

Cash flow

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Operating cash flow-$41.4M-338%
CapEx$1.4M-58.3%
Free cash flow-$42.9M-232%

Valuation

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Market cap$502.03M-15.7%
Enterprise value$459.74M+15.1%
P/S96.6×-359×

Profitability

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Gross margin-441.1%-1,077pp
Operating margin-2,878.6%-429pp
Net margin-2,640%-449pp
FCF margin-2,839.6%-228pp

Returns & leverage

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Return on equity-52%
Debt / equity0.0×
Current ratio10.2×-27.8×

Where this comes from

Reported directly by Serve Robotics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Serve Robotics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Serve Robotics's operating income?
Serve Robotics (SERV) reported operating income of -$51.78M in Q1 2026.
How has Serve Robotics's operating income changed year-over-year?
Serve Robotics's operating income decreased by 245.1% year-over-year, from -$15.01M to -$51.78M.
What is the long-term trend for Serve Robotics's operating income?
Over 4 years (2021 to 2025), Serve Robotics's operating income has grown at a 574.1% compound annual growth rate (CAGR), from -$54.63K to -$112.77M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.