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Serve Robotics SERV Software services — Revenue

Other product segments

Fleet services
$1.96M+828%

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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×
Current ratio10.2×-27.8×

Where this comes from

Reported directly by Serve Robotics in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 software services — revenue?
Serve Robotics (SERV) reported software services — revenue of $1.03M in Q1 2026.
How has Serve Robotics's software services — revenue changed year-over-year?
Serve Robotics's software services — revenue increased by 348.0% year-over-year, from $229K to $1.03M.
What does software services — revenue mean?
This metric represents the total gross income generated from software-based service offerings, including licensing, platform access fees, or recurring software-as-a-service (SaaS) subscriptions. It reflects the company's ability to monetize its underlying robotics mobility platform and AI software stack independently of hardware sales or delivery operations. Growth in this segment indicates successful diversification of revenue streams and the scalability of the company's digital infrastructure.