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Serve Robotics Inc. income statement

In fiscal 2025, Serve Robotics Inc. reported revenue of $2.7m, up 46.2% on the year before, operating income of −$113m (a -4253.8% margin) and net income of −$101m, or −$1.63 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue00238
Cost of revenue1221837
Gross profit−1−2−0−15−29
Research and development1410244569
Selling and marketing11138
General and administrative45103764
Operating income−21−21−38−113−193
Interest expense12200
Income before tax——−39−105—
Income tax—00−4−4
Net income−22−25−39−101−180
Diluted EPS−$1.58−$1.75−$1.07−$1.63−$2.48
Diluted shares (average)14m14m37m62m73m
EBITDA−21−19−38−105−177

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Serve Robotics Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Serve Robotics Inc.