Serve Robotics Inc. /DE/SERVEarnings & Financial Report
Ecovacs Robotics is a Chinese technology company. It is best known for developing in-home robotic appliances. The company was founded in 1998 by Qian Dongqi and is headquartered in Suzhou, China. According to Global Asia, Ecovacs Robotics had more than 60% of the Chinese market for robots by 2013. In 2023, Nikkei Asia had reported that the market capitalisation of Ecovacs Robotics has grown to near $6.38 billion, which is "roughly 5 times" that of the market capitalisation of rivalling US bas...
SERV Q3 2025 Key Financial Metrics
Revenue
$687.0K
Gross Profit
$-4.4M
Operating Profit
$-34.8M
Net Profit
$-33.0M
Gross Margin
-637.4%
Operating Margin
-5067.8%
Net Margin
-4806.4%
YoY Growth
210.1%
EPS
$-0.54
Financial Flow
Serve Robotics Inc. /DE/ Q3 2025 Financial Summary
Serve Robotics Inc. /DE/ reported revenue of $687.0K for Q3 2025, with a net profit of $-33.0M (-4806.4% margin). Cost of goods sold was $5.1M, operating expenses totaled $30.4M.
Key Financial Metrics
| Total Revenue | $687.0K |
|---|---|
| Net Profit | $-33.0M |
| Gross Margin | -637.4% |
| Operating Margin | -5067.8% |
| Report Period | Q3 2025 |
Serve Robotics Inc. /DE/ Annual Revenue by Year
Serve Robotics Inc. /DE/ annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.8M).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.8M |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62565 | $946711 | $468375 | $221555 | $175842 | $440465 | $642000 | $687000 |
| YoY Growth | 87.7% | 2252.0% | 655.3% | 254.1% | N/A | -53.5% | 37.1% | 210.1% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.5M | $4.2M | $32.8M | $61.5M | $139.6M | $216.6M | $214.3M | $299.1M |
| Liabilities | $6.1M | $13.1M | $4.3M | $5.3M | $7.9M | $6.4M | $7.1M | $15.2M |
| Equity | $2.4M | $-8.8M | $28.5M | $56.2M | $131.7M | $210.2M | $207.2M | $283.9M |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.3M | $-4.1M | $-5.7M | $-5.5M | $-6.3M | $-9.5M | $-16.0M | $-25.2M |
