What is Serve Robotics's operating lease liabilities?

Serve Robotics (SERV) reported operating lease liabilities of -$625K in Q1 2026.

How has Serve Robotics's operating lease liabilities changed year-over-year?

Serve Robotics's operating lease liabilities decreased by 4707.7% year-over-year, from -$13K to -$625K.

What is the long-term trend for Serve Robotics's operating lease liabilities?

Over 2 years (2023 to 2025), Serve Robotics's operating lease liabilities has grown at a 433.4% compound annual growth rate (CAGR), from -$49.66K to -$1.41M.

Serve Robotics SERV Operating lease liabilities

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Other financials

Income statement

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Revenue$3.0M+578%

Gross profit-$9.0M-513%

Operating income-$51.8M-245%

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 / equity0×0.0×

Current ratio10.2×-27.8×

Where this comes from

Reported directly by Serve Robotics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

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 lease liabilities?: Serve Robotics (SERV) reported operating lease liabilities of -$625K in Q1 2026.
How has Serve Robotics's operating lease liabilities changed year-over-year?: Serve Robotics's operating lease liabilities decreased by 4707.7% year-over-year, from -$13K to -$625K.
What is the long-term trend for Serve Robotics's operating lease liabilities?: Over 2 years (2023 to 2025), Serve Robotics's operating lease liabilities has grown at a 433.4% compound annual growth rate (CAGR), from -$49.66K to -$1.41M.