vs

Side-by-side financial comparison of EKSO BIONICS HOLDINGS, INC. (EKSO) and Serve Robotics Inc. (SERV). Click either name above to swap in a different company.

EKSO BIONICS HOLDINGS, INC. is the larger business by last-quarter revenue ($3.1M vs $881.5K, roughly 3.6× Serve Robotics Inc.). EKSO BIONICS HOLDINGS, INC. runs the higher net margin — -148.9% vs -3888.1%, a 3739.3% gap on every dollar of revenue. On growth, Serve Robotics Inc. posted the faster year-over-year revenue change (400.1% vs -38.3%). EKSO BIONICS HOLDINGS, INC. produced more free cash flow last quarter ($-4.5M vs $-46.1M). Over the past eight quarters, Serve Robotics Inc.'s revenue compounded faster (-3.5% CAGR vs -8.6%).

Ekso Bionics Holdings Inc. is a company that develops and manufactures powered exoskeleton bionic devices that can be strapped on as wearable robots to enhance the strength, mobility, and endurance of industrial workers and people experiencing paralysis and mobility issues after a brain injury, stroke, multiple sclerosis (MS) or spinal cord injury. They enable individuals with any amount of lower extremity weakness, including those who are paralyzed, to stand up and walk.

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...

EKSO vs SERV — Head-to-Head

Bigger by revenue
EKSO
EKSO
3.6× larger
EKSO
$3.1M
$881.5K
SERV
Growing faster (revenue YoY)
SERV
SERV
+438.4% gap
SERV
400.1%
-38.3%
EKSO
Higher net margin
EKSO
EKSO
3739.3% more per $
EKSO
-148.9%
-3888.1%
SERV
More free cash flow
EKSO
EKSO
$41.7M more FCF
EKSO
$-4.5M
$-46.1M
SERV
Faster 2-yr revenue CAGR
SERV
SERV
Annualised
SERV
-3.5%
-8.6%
EKSO

Income Statement — Q4 2025 vs Q4 2025

Metric
EKSO
EKSO
SERV
SERV
Revenue
$3.1M
$881.5K
Net Profit
$-4.7M
$-34.3M
Gross Margin
53.2%
-757.3%
Operating Margin
-143.6%
-4572.1%
Net Margin
-148.9%
-3888.1%
Revenue YoY
-38.3%
400.1%
Net Profit YoY
-36.9%
-161.3%
EPS (diluted)
$-3.01
$-0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EKSO
EKSO
SERV
SERV
Q4 25
$3.1M
$881.5K
Q3 25
$4.2M
$687.0K
Q2 25
$2.1M
$642.0K
Q1 25
$3.4M
$440.5K
Q4 24
$5.1M
$176.3K
Q3 24
$4.1M
$222.0K
Q2 24
$5.0M
$468.0K
Q1 24
$3.8M
$946.7K
Net Profit
EKSO
EKSO
SERV
SERV
Q4 25
$-4.7M
$-34.3M
Q3 25
$-1.4M
$-33.0M
Q2 25
$-2.7M
$-20.9M
Q1 25
$-2.9M
$-13.2M
Q4 24
$-3.4M
$-13.1M
Q3 24
$-2.1M
$-8.0M
Q2 24
$-2.4M
$-9.0M
Q1 24
$-3.4M
$-9.0M
Gross Margin
EKSO
EKSO
SERV
SERV
Q4 25
53.2%
-757.3%
Q3 25
60.3%
-637.4%
Q2 25
39.8%
-445.3%
Q1 25
53.5%
-333.4%
Q4 24
53.3%
-371.7%
Q3 24
53.5%
-70.3%
Q2 24
53.3%
30.3%
Q1 24
51.9%
62.8%
Operating Margin
EKSO
EKSO
SERV
SERV
Q4 25
-143.6%
-4572.1%
Q3 25
-33.2%
-5067.8%
Q2 25
-193.2%
-3527.1%
Q1 25
-101.9%
-3406.6%
Q4 24
-43.8%
-7701.3%
Q3 24
-63.9%
-3804.1%
Q2 24
-47.2%
-1828.2%
Q1 24
-86.7%
-814.6%
Net Margin
EKSO
EKSO
SERV
SERV
Q4 25
-148.9%
-3888.1%
Q3 25
-33.6%
-4806.4%
Q2 25
-131.7%
-3247.7%
Q1 25
-85.7%
-3000.5%
Q4 24
-67.1%
-7441.8%
Q3 24
-50.2%
-3601.8%
Q2 24
-48.8%
-1931.2%
Q1 24
-91.3%
-954.7%
EPS (diluted)
EKSO
EKSO
SERV
SERV
Q4 25
$-3.01
$-0.50
Q3 25
$-0.54
$-0.54
Q2 25
$-1.24
$-0.36
Q1 25
$-0.12
$-0.23
Q4 24
$-4.71
$-0.23
Q3 24
$-1.53
$-0.20
Q2 24
$-1.99
$-0.27
Q1 24
$-0.20
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EKSO
EKSO
SERV
SERV
Cash + ST InvestmentsLiquidity on hand
$1.2M
$106.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$350.7M
Total Assets
$20.1M
$367.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EKSO
EKSO
SERV
SERV
Q4 25
$1.2M
$106.2M
Q3 25
$2.7M
$116.8M
Q2 25
$5.2M
$116.7M
Q1 25
$8.1M
$197.8M
Q4 24
$4.5M
$123.3M
Q3 24
$8.3M
$50.9M
Q2 24
$5.9M
$28.8M
Q1 24
$8.8M
Stockholders' Equity
EKSO
EKSO
SERV
SERV
Q4 25
$9.0M
$350.7M
Q3 25
$9.7M
$283.9M
Q2 25
$10.9M
$207.2M
Q1 25
$12.7M
$210.2M
Q4 24
$12.7M
$131.7M
Q3 24
$14.9M
$56.2M
Q2 24
$12.1M
$28.5M
Q1 24
$14.1M
$-8.8M
Total Assets
EKSO
EKSO
SERV
SERV
Q4 25
$20.1M
$367.8M
Q3 25
$21.7M
$299.1M
Q2 25
$23.2M
$214.3M
Q1 25
$27.3M
$216.6M
Q4 24
$26.7M
$139.6M
Q3 24
$29.2M
$61.5M
Q2 24
$27.0M
$32.8M
Q1 24
$29.0M
$4.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EKSO
EKSO
SERV
SERV
Operating Cash FlowLast quarter
$-4.3M
$-29.6M
Free Cash FlowOCF − Capex
$-4.5M
$-46.1M
FCF MarginFCF / Revenue
-141.9%
-5234.4%
Capex IntensityCapex / Revenue
4.0%
1872.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.0M
$-117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EKSO
EKSO
SERV
SERV
Q4 25
$-4.3M
$-29.6M
Q3 25
$-2.1M
$-25.2M
Q2 25
$-3.4M
$-16.0M
Q1 25
$-2.0M
$-9.5M
Q4 24
$-1.4M
$-6.3M
Q3 24
$-2.3M
$-5.5M
Q2 24
$-2.7M
$-5.7M
Q1 24
$-3.5M
$-4.1M
Free Cash Flow
EKSO
EKSO
SERV
SERV
Q4 25
$-4.5M
$-46.1M
Q3 25
$-2.1M
$-36.5M
Q2 25
$-3.5M
$-22.0M
Q1 25
$-2.0M
$-12.9M
Q4 24
$-1.5M
$-11.1M
Q3 24
$-2.3M
$-10.1M
Q2 24
$-6.5M
Q1 24
$-3.5M
$-4.1M
FCF Margin
EKSO
EKSO
SERV
SERV
Q4 25
-141.9%
-5234.4%
Q3 25
-49.0%
-5314.1%
Q2 25
-169.4%
-3426.8%
Q1 25
-58.5%
-2934.1%
Q4 24
-28.6%
-6307.8%
Q3 24
-55.3%
-4529.7%
Q2 24
-1396.6%
Q1 24
-92.5%
-431.1%
Capex Intensity
EKSO
EKSO
SERV
SERV
Q4 25
4.0%
1872.1%
Q3 25
0.3%
1649.6%
Q2 25
1.9%
940.4%
Q1 25
0.3%
785.7%
Q4 24
0.4%
2755.1%
Q3 24
0.2%
2070.7%
Q2 24
0.0%
169.8%
Q1 24
0.2%
0.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons