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Side-by-side financial comparison of Iveda Solutions, Inc. (IVDA) and Serve Robotics Inc. (SERV). Click either name above to swap in a different company.

Serve Robotics Inc. is the larger business by last-quarter revenue ($881.5K vs $626.0K, roughly 1.4× Iveda Solutions, Inc.). Iveda Solutions, Inc. runs the higher net margin — -258.6% vs -3888.1%, a 3629.5% gap on every dollar of revenue. On growth, Serve Robotics Inc. posted the faster year-over-year revenue change (400.1% vs -64.1%). Over the past eight quarters, Iveda Solutions, Inc.'s revenue compounded faster (34.4% CAGR vs -3.5%).

Iveda Solutions, Inc. is a technology provider specializing in cloud-based AI video surveillance, IoT-enabled smart sensing, and integrated smart city solutions. It serves public sector, enterprise, and education clients across North America and Asia, with core offerings covering remote security monitoring, smart facility management, and real-time data analysis tools for public safety use cases.

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...

IVDA vs SERV — Head-to-Head

Bigger by revenue
SERV
SERV
1.4× larger
SERV
$881.5K
$626.0K
IVDA
Growing faster (revenue YoY)
SERV
SERV
+464.1% gap
SERV
400.1%
-64.1%
IVDA
Higher net margin
IVDA
IVDA
3629.5% more per $
IVDA
-258.6%
-3888.1%
SERV
Faster 2-yr revenue CAGR
IVDA
IVDA
Annualised
IVDA
34.4%
-3.5%
SERV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVDA
IVDA
SERV
SERV
Revenue
$626.0K
$881.5K
Net Profit
$-1.6M
$-34.3M
Gross Margin
3.6%
-757.3%
Operating Margin
-262.7%
-4572.1%
Net Margin
-258.6%
-3888.1%
Revenue YoY
-64.1%
400.1%
Net Profit YoY
-7.1%
-161.3%
EPS (diluted)
$-0.33
$-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
IVDA
IVDA
SERV
SERV
Q4 25
$626.0K
$881.5K
Q3 25
$1.7M
$687.0K
Q2 25
$1.5M
$642.0K
Q1 25
$1.5M
$440.5K
Q4 24
$1.7M
$176.3K
Q3 24
$2.4M
$222.0K
Q2 24
$1.5M
$468.0K
Q1 24
$346.8K
$946.7K
Net Profit
IVDA
IVDA
SERV
SERV
Q4 25
$-1.6M
$-34.3M
Q3 25
$-221.3K
$-33.0M
Q2 25
$-564.2K
$-20.9M
Q1 25
$-793.7K
$-13.2M
Q4 24
$-1.5M
$-13.1M
Q3 24
$-581.4K
$-8.0M
Q2 24
$-599.0K
$-9.0M
Q1 24
$-1.3M
$-9.0M
Gross Margin
IVDA
IVDA
SERV
SERV
Q4 25
3.6%
-757.3%
Q3 25
31.3%
-637.4%
Q2 25
29.1%
-445.3%
Q1 25
19.5%
-333.4%
Q4 24
11.9%
-371.7%
Q3 24
17.1%
-70.3%
Q2 24
32.7%
30.3%
Q1 24
52.5%
62.8%
Operating Margin
IVDA
IVDA
SERV
SERV
Q4 25
-262.7%
-4572.1%
Q3 25
-13.0%
-5067.8%
Q2 25
-34.8%
-3527.1%
Q1 25
-56.7%
-3406.6%
Q4 24
-87.3%
-7701.3%
Q3 24
-25.4%
-3804.1%
Q2 24
-39.7%
-1828.2%
Q1 24
-384.1%
-814.6%
Net Margin
IVDA
IVDA
SERV
SERV
Q4 25
-258.6%
-3888.1%
Q3 25
-13.4%
-4806.4%
Q2 25
-36.9%
-3247.7%
Q1 25
-53.8%
-3000.5%
Q4 24
-86.7%
-7441.8%
Q3 24
-24.2%
-3601.8%
Q2 24
-39.0%
-1931.2%
Q1 24
-371.9%
-954.7%
EPS (diluted)
IVDA
IVDA
SERV
SERV
Q4 25
$-0.33
$-0.50
Q3 25
$-0.07
$-0.54
Q2 25
$-0.20
$-0.36
Q1 25
$-0.28
$-0.23
Q4 24
$-0.60
$-0.23
Q3 24
$-0.27
$-0.20
Q2 24
$-0.30
$-0.27
Q1 24
$-0.64
$-0.37

Balance Sheet & Financial Strength

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

Metric
IVDA
IVDA
SERV
SERV
Cash + ST InvestmentsLiquidity on hand
$5.2M
$106.2M
Total DebtLower is stronger
$393.4K
Stockholders' EquityBook value
$4.8M
$350.7M
Total Assets
$6.4M
$367.8M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVDA
IVDA
SERV
SERV
Q4 25
$5.2M
$106.2M
Q3 25
$3.3M
$116.8M
Q2 25
$1.6M
$116.7M
Q1 25
$2.5M
$197.8M
Q4 24
$2.6M
$123.3M
Q3 24
$3.6M
$50.9M
Q2 24
$2.9M
$28.8M
Q1 24
$3.9M
Total Debt
IVDA
IVDA
SERV
SERV
Q4 25
$393.4K
Q3 25
$306.4K
Q2 25
$365.3K
Q1 25
$340.8K
Q4 24
$376.2K
Q3 24
$545.9K
Q2 24
$564.0K
Q1 24
$480.0K
Stockholders' Equity
IVDA
IVDA
SERV
SERV
Q4 25
$4.8M
$350.7M
Q3 25
$3.8M
$283.9M
Q2 25
$1.5M
$207.2M
Q1 25
$1.7M
$210.2M
Q4 24
$2.5M
$131.7M
Q3 24
$4.1M
$56.2M
Q2 24
$2.8M
$28.5M
Q1 24
$3.3M
$-8.8M
Total Assets
IVDA
IVDA
SERV
SERV
Q4 25
$6.4M
$367.8M
Q3 25
$5.8M
$299.1M
Q2 25
$4.4M
$214.3M
Q1 25
$4.5M
$216.6M
Q4 24
$5.2M
$139.6M
Q3 24
$9.1M
$61.5M
Q2 24
$6.8M
$32.8M
Q1 24
$6.6M
$4.2M
Debt / Equity
IVDA
IVDA
SERV
SERV
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.25×
Q1 25
0.20×
Q4 24
0.15×
Q3 24
0.13×
Q2 24
0.20×
Q1 24
0.14×

Cash Flow & Capital Efficiency

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

Metric
IVDA
IVDA
SERV
SERV
Operating Cash FlowLast quarter
$-252.4K
$-29.6M
Free Cash FlowOCF − Capex
$-46.1M
FCF MarginFCF / Revenue
-5234.4%
Capex IntensityCapex / Revenue
1872.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVDA
IVDA
SERV
SERV
Q4 25
$-252.4K
$-29.6M
Q3 25
$-317.0K
$-25.2M
Q2 25
$-1.3M
$-16.0M
Q1 25
$-126.0K
$-9.5M
Q4 24
$-889.8K
$-6.3M
Q3 24
$-1.2M
$-5.5M
Q2 24
$-999.7K
$-5.7M
Q1 24
$-1.3M
$-4.1M
Free Cash Flow
IVDA
IVDA
SERV
SERV
Q4 25
$-46.1M
Q3 25
$-36.5M
Q2 25
$-22.0M
Q1 25
$-12.9M
Q4 24
$-889.8K
$-11.1M
Q3 24
$-1.5M
$-10.1M
Q2 24
$-1.1M
$-6.5M
Q1 24
$-1.5M
$-4.1M
FCF Margin
IVDA
IVDA
SERV
SERV
Q4 25
-5234.4%
Q3 25
-5314.1%
Q2 25
-3426.8%
Q1 25
-2934.1%
Q4 24
-51.1%
-6307.8%
Q3 24
-64.1%
-4529.7%
Q2 24
-72.6%
-1396.6%
Q1 24
-427.3%
-431.1%
Capex Intensity
IVDA
IVDA
SERV
SERV
Q4 25
1872.1%
Q3 25
1649.6%
Q2 25
940.4%
Q1 25
785.7%
Q4 24
0.0%
2755.1%
Q3 24
12.5%
2070.7%
Q2 24
7.5%
169.8%
Q1 24
54.3%
0.4%

Financial Flow Comparison

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

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