Matthews International vs Serve Robotics
Matthews International reported revenue of $1.5 billion in fiscal 2025, 554.7 times Serve Robotics' $3 million in fiscal 2025. Matthews International's revenue fell 16.6% in its latest year, and Serve Robotics' grew 46.2%. Matthews International had an operating margin of 5.0%, against -4253.8% at Serve Robotics. Free cash flow was −$59 million at Matthews International and −$118 million at Serve Robotics. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Matthews International | Serve Robotics | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.5B | $3M |
| Revenue growth | −16.6% | 46.2% |
| Revenue growth a year, last 5 years | −0.0% | — |
| Gross margin | 33.9% | −580.2% |
| Operating margin | 5.0% | −4,253.8% |
| Net margin | −1.6% | −3,823.5% |
| Free cash flow | −$59M | −$118M |
| Free cash flow margin | −4.0% | −4,435.1% |
| Return on capital | 3.2% | — |
| Net debt to EBITDA | 4.6x | — |
| Dividends and buybacks | $45M | $0M |
| Change in diluted share count | 0.6% | 69.9% |
| Last close | $19.33 | $3.22 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $318,112, sold $0 | — |
| Piotroski F-score | 5 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Matthews InternationalServe Robotics
Operating margin
Percent of revenue
Matthews InternationalServe Robotics
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Matthews InternationalServe Robotics
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Matthews International and Serve Robotics pages.