Serve Robotics (SERV) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Serve Robotics

NasdaqCM•Industrials•Integrated Freight & Logistics

$4.95+0.12(0.02%)Market closed

Market Cap

$354.17M

P/S

45.5x

P/B

1.0x

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public and commercial spaces for food delivery activity in the United States. It builds self-driving delivery robots. Serve Robotics Inc. was founded in 2017 and is headquartered in Redwood City, California.

How this company scores

AverageMetricSide Score: 41/100

Strongest: Growth (16/25); weakest: Profitability (2/25).

Profitability2/25

Growth16/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality8/25

Strengths

Growing revenueInterest easily coveredCash-backed earningsConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 45.5x5y range 40.6x – 7048.2x

Currently below its 12-quarter median.

P/B · 1.0x5y range 1.0x – 186.2x

Currently below its 10-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $354.17M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $7.79M
Q. Revenue: $3.24M
TTM EBITDA: $-178.94M
TTM Op. Income: $-192.97M
Q. Op. Income: $-66.06M
TTM Net Income: $-180.43M
Q. Net Income: $-64.13M
EPS: $-0.8
Shares Out.: $80.31M

$7.79M in TTM revenue grew 426.4% YoY, reaching $3.24M last quarter. TTM EBITDA of $-178.94M and TTM operating income of $-192.97M show growth is flowing through to the bottom line. However, net income is negative at $180.43M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: -271.1%
EBITDA Margin: -2014.1%
Op. Margin: -2040.3%
Net Margin: -1980.5%

Op. margin of -2040.3% is up 1486.8% YoY — cost efficiency is improving. Net margin at -1980.5% and gross margin of -271.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 42% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 45.5x
P/B Ratio: 1.0x

P/S of 45.5x and P/B of 1.0x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $378.62M
Cash: $79.11M
Long-Term Debt: N/A
Book Value: $351.79M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-43.32M
TTM Free Cash Flow: $-169.81M
FCF Margin: -2179.6%
FCF / Net Income: 0.9

TTM FCF of $-169.81M on $-43.32M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 7 consecutive quarters — a weakening trend.