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Pony AI Inc. PONY AI

Technology · Information Technology Services · China
https://pony.ai
Company Profile ↓
$7.15
-43.39% 1Y
Mkt Cap$2.53B
P/E-20.43
P/B1.93
52W High$24.06
52W Low$6.58
Book Value$3.73
EPS (TTM)$-0.35

Company Overview

Pony AI Inc., through its subsidiaries, engages in the autonomous mobility business in the People's Republic of China and internationally. The company provides robotaxi services that include autonomous vehicle (AV) engineering solutions, such as AV software deployment and maintenance; vehicle integration and engineering; and road-testing services to original equipment manufacturers and transportation network companies. It also offers robotruck services that provide transportation services to logistics platforms. In addition, the company engages in the licensing and applications business that comprises personally-owned vehicle intelligent solutions, including intelligent driving software solutions, proprietary vehicle domain controller products, and data analytics tools; vehicle integration services, software development, and licensing services; and vehicle-to-everything (V2X) products and services to enhance road safety. The company's customers include OEMs and TNCs; OEMs and logistics platforms; and sensor and hardware component suppliers. Pony AI Inc. was incorporated in 2016 and is based in Guangzhou, the People's Republic of China.

Recent Developments

  • Dec 2025 Revenue of $90.00M (+20.0% YoY); net profit $-133.97M.
  • Trailing 12 Months Year-on-year growth — revenue +145.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 9.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:9.59%
1 Year:145.00%

Stock Price Performance

1 Year:-43.39%
6 Months:-58.84%
3 Months:-30.98%
1 Month:-12.27%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Autonomous Tech / Robotaxi & AI Driving

Pony.ai develops autonomous-driving technology — robotaxis and robotrucks — built on AI perception, planning and control systems.

Core Focus

Full-stack autonomous driving (robotaxi/robotruck) and AI driving software.

Key Initiatives
  • Robotaxi platform Pony.ai operates and scales AI-driven robotaxi fleets in multiple cities.
  • Autonomous trucking Its technology extends to long-haul autonomous trucking.
  • Full-stack AI Proprietary perception, prediction and planning power the driving system.
Why Investors Should Care
  • Pure-play on AI-driven autonomous mobility (robotaxi/robotruck).
  • Leading position in China autonomous driving with commercial pilots.
  • Deeply loss-making and pre-commercial at scale — highly speculative.
  • Regulation, safety, funding and competition are major risks.
AI InvestmentAI is the business; heavy R&D funds the autonomous-driving stack and fleets.
AI RevenueRevenue is early robotaxi/robotruck services; AI is the core technology.
ROI (Now)Early — revenue is small and losses are heavy as it scales.
ROI (Expected)Commercial robotaxi/robotruck scale-up is the long-term opportunity.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Trading 70.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-20.43
Industry PE
34.66
Forward P/E
-11.84
PEG Ratio
-
Book Value
$3.73
Price to Book
1.93
P/S
28.31
EV/EBITDA
-7.83
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
9.59%
Profit 5Y
-
Revenue (YoY)
145.00%
Earnings (YoY)
-

Profitability & Returns

ROCE
-15.15%
ROE
-7.18%
ROA
-12.06%
Profit Margin
-
Op Margin
-
Gross Margin
15.78%
EPS (Latest Qtr)
$-0.12
EPS (TTM)
$-0.35

Balance Sheet & Liquidity

Debt/Equity
0.98
Quick Ratio
15.44
Current Ratio
16.12
Debt
$16.36M
Total Assets
$1.76B
Current Assets
$1.17B
Working Capital
$1.16B

Ownership

Promoter Holding
0.03%
Chg in Prom Hold
-1.31%
FII / Inst Holding
36.27%
Chg in FII Hold
-0.05%

Financial Snapshot

Enterprise Value
$2.53B
Total Revenue (TTM)
$110.27M
EBITDA
$-257.47M
Free Cash Flow
$-170.67M
Operating Cash Flow
$-185.00M
Shares Outstanding
353.32M
Gross Margin
15.78%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PONY Pony AI Inc. AI 7.15 -20.43 $2.53B 0.00% -15.15% -7.18% 9.59% -
2 NVDA NVIDIA Corporation NDXSPXAI 212.50 32.59 $5.15T 0.47% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 327.50 39.60 $4.81T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 395.63 23.96 $2.94T 0.95% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 419.48 36.41 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 394.28 64.96 $1.88T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 904.28 20.44 $1.02T 0.05% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 529.14 172.36 $862.82B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,815.27 59.79 $699.64B 0.51% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -13.98M21.45M25.44M29.12M34.25M
Cost of Revenue -11.66M17.99M20.77M25.41M28.69M
Gross Profit -2.32M3.46M4.67M3.71M5.56M
Operating Expenses -58.36M64.73M74.34M77.59M63.90M
Operating Income --56.04M-61.27M-69.67M-73.87M-58.34M
EBITDA --56.04M-61.27M-69.67M-73.87M-58.34M
Interest Expense ------
Pretax Income --37.38M-53.26M-61.57M75.45M-53.51M
Tax Provision 001.00K-1.00K0-
Net Income --42.99M-53.10M-61.31M23.43M-50.41M
Diluted EPS --0.12-0.14-0.160.06-0.12

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -68.39M71.90M75.03M90.00M
Cost of Revenue -36.32M55.02M63.62M75.84M
Gross Profit -32.06M16.88M11.40M14.16M
Operating Expenses -202.78M160.12M296.93M275.02M
Operating Income --170.72M-143.24M-285.52M-260.86M
EBITDA --153.94M-128.90M-277.16M-254.64M
Interest Expense -----
Pretax Income --148.32M-125.45M-275.00M-76.76M
Tax Provision --74.00K-126.00K1.00K0
Net Income --148.02M-124.81M-274.12M-133.97M
Diluted EPS --0.40-0.34-2.40-0.35

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -771.51M747.12M1.05B1.81B
Current Assets -643.57M666.35M834.62M1.25B
Cash & Equivalents -316.26M425.96M535.98M293.49M
Inventory -----
Receivables -25.90M31.58M28.55M23.64M
Total Liabilities -53.60M51.94M82.11M103.84M
Current Liabilities -48.10M48.16M70.89M91.47M
Long Term Debt -----
Total Debt -13.04M7.36M13.80M28.88M
Total Equity -706.01M684.03M951.12M1.65B
Shares Outstanding -348.96M348.96M350.29M433.54M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow --154.77M-115.42M-110.76M-164.96M
Investing Cash Flow -49.33M136.49M-181.27M-889.16M
Financing Cash Flow -191.57M89.76M407.39M814.83M
Capital Expenditure --12.03M-5.09M-11.40M-43.88M
Free Cash Flow --166.80M-120.51M-122.16M-208.83M
Net Change in Cash -86.13M110.84M115.36M-239.28M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -46.9%23.5%15.2%15.7%
Operating Margin % --249.6%-199.2%-380.6%-289.8%
Net Margin % --216.4%-173.6%-365.4%-148.9%
ROE % --21.0%-18.2%-28.8%-8.1%
ROCE % --23.6%-20.5%-29.1%-15.2%

Shareholding Pattern

Insiders
0.03%
Institutions
36.27%
Public Float
36.28%

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 3.95% 13.91M $99.95M
2 Vanguard Capital Management LLC 2.23% 7.87M $56.53M
3 HSG Holding Ltd 2.14% 7.54M $54.16M
4 TMT General Partner Ltd 1.97% 6.94M $49.88M
5 Ontario Teachers Pension Plan Board 1.84% 6.49M $46.65M
6 BAILLIE GIFFORD & CO 1.80% 6.36M $45.69M
7 Mirae Asset Global ETFs Holdings Ltd. 1.21% 4.28M $30.73M
8 Aspex Management (HK) Ltd 1.17% 4.14M $29.75M
9 IDG China Venture Capital Fund IV Associates, LP 1.13% 3.99M $28.66M
10 Lingotto Investment Management LLP 0.94% 3.32M $23.88M

Analyst View

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Latest News

Recent headlines for PONY

Google News Wed, 24 Jun 2026

Trading At 52-Week Lows, Pony AI (PONY) Stock Could More Than Double From Here According To Analysts - Yahoo Finance

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Google News Wed, 15 Jul 2026

Uber vs. Pony AI: Who's Winning the Race in Autonomous Ride-Hailing? - Zacks Investment Research

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Google News Fri, 26 Jun 2026

BofA Securities Recommends Pony AI Inc (PONY) Stock. Here’s the Reason - Yahoo Finance

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Google News Sat, 27 Jun 2026

Pony AI: Buying The Wuhan Whiplash - Seeking Alpha

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Google News Mon, 13 Jul 2026

Silver Pony Converts 21.25M Receipts Into Shares and Warrants - Stock Titan

<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxPdW1scURuZk5Ed1k2RU9YRC1lS3Y3Rm9rRUhVbVBTbzIydlpXOElrRUVHMEJOZHhsMnBOTmFTcHFlckFBSzdiWGJXM0F0ZEhFWVdfLU1ZSjQ1cGxjSGlqd25wVFlFTFZ1bGM5aXNXTW5wYzlfMHE1WkkxbzFEQjVQOTU2dk9uX3JPTWJsUV…

Google News hu, 11 Jun 2026

BofA reiterates Pony AI stock rating on robotaxi expansion - Investing.com

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PONY — Frequently Asked Questions

What is the current share price of Pony AI Inc. (PONY)?

As of 2026-07-15 16:51 PDT, Pony AI Inc. (PONY) trades at $7.15 on NasdaqGS. Its 52-week range is $6.58 to $24.06.

What is the market capitalisation of PONY?

Pony AI Inc. (PONY) has a market capitalisation of $2.53B on NasdaqGS.

What is the P/E ratio of PONY?

PONY trades at a trailing price-to-earnings (P/E) ratio of -20.43. The industry average P/E is 34.66. Its price-to-book (P/B) ratio is 1.93.

What is the return on equity (ROE) of PONY?

PONY has a return on equity (ROE) of -7.18%. Its return on capital employed (ROCE) is -15.15%.

Is PONY a good stock to buy?

This page provides a data-driven analysis of Pony AI Inc. (PONY), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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