PONY
Pony AI Inc. American Depositary Shares
NASDAQ: PONY · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$9.87
+3.24% today
Updated 2026-04-30
Market cap
$4.43B
P/E ratio
—
P/S ratio
49.23x
EPS (TTM)
$-0.35
Dividend yield
—
52W range
$8 – $25
Volume
4.5M
Pony AI Inc. American Depositary Shares (PONY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8.12M | $68.39M | $71.90M | $75.03M | $90.24M |
| Revenue growth (YoY) | — | +742.5% | +5.1% | +4.3% | +20.3% |
| Cost of revenue | $1.81M | $36.32M | $55.02M | $63.62M | $76.04M |
| Gross profit | $6.31M | $32.06M | $16.88M | $11.40M | $14.20M |
| Gross margin | 77.7% | 46.9% | 23.5% | 15.2% | 15.7% |
| R&D | $170.60M | $153.60M | $122.71M | $240.18M | $217.99M |
| SG&A | $51.02M | $49.18M | $37.42M | $56.75M | $57.60M |
| Operating income | $-215.31M | $-170.72M | $-143.24M | $-285.52M | $-261.55M |
| Operating margin | -2652.5% | -249.6% | -199.2% | -380.6% | -289.8% |
| EBITDA | $-201.56M | $-153.94M | $-128.90M | $-277.16M | $-261.55M |
| EBITDA margin | -2483.2% | -225.1% | -179.3% | -369.4% | -289.8% |
| EBIT | $-215.31M | $-170.72M | $-143.24M | $-285.52M | — |
| Interest expense | — | — | — | — | — |
| Income tax | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-224.70M | $-148.02M | $-124.81M | $-274.12M | $-134.32M |
| Net income growth (YoY) | — | +34.1% | +15.7% | -119.6% | +51.0% |
| Profit margin | -2768.3% | -216.4% | -173.6% | -365.4% | -148.9% |