Pony AI Inc. (PONY)

Pony AI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	96.39	75.03	71.9	68.39	8.12
Revenue Growth (YoY)	6.98%	4.35%	5.14%	742.50%	-
Cost of Revenue	78.49	63.62	55.02	36.32	1.81
Gross Profit	17.9	11.4	16.88	32.06	6.31
Selling, General & Admin	73.25	56.75	37.42	49.18	51.02
Research & Development	304.74	240.18	122.71	153.6	170.6
Total Operating Expenses	377.99	296.93	160.12	202.78	221.62
Operating Income	-360.08	-285.52	-143.24	-170.72	-215.31
Interest Income	39.36	20.38	19.39	8.89	3.61
Other Non-Operating Income (Expense)	-12.6	-9.86	-1.6	13.5	-12.46
Total Non-Operating Income (Expense)	26.75	10.52	17.79	22.39	-8.85
Pretax Income	-333.33	-275.01	-125.45	-148.32	-224.16
Provision for Income Taxes	-	0	-0.13	-0.07	0.55
Net Income	-338.32	-274.12	-124.81	-148.02	-224.7
Minority Interest in Earnings	4.99	-0.89	-0.52	-0.23	-
Net Income to Common	-338.32	-274.12	-124.81	-148.02	-224.7
Shares Outstanding (Basic)	161	114	89	85	81
Shares Outstanding (Diluted)	161	114	89	85	81
Shares Change (YoY)	56.54%	28.30%	4.43%	5.73%	-
EPS (Basic)	-2.10	-2.40	-1.40	-1.73	-2.78
EPS (Diluted)	-2.10	-2.40	-1.40	-1.73	-2.78
Free Cash Flow	-	-122.16	-120.51	-166.8	-171.54
Free Cash Flow Per Share	-	-1.07	-1.35	-1.96	-2.13
Gross Margin	18.57%	15.20%	23.48%	46.89%	77.74%
Operating Margin	-373.56%	-380.57%	-199.22%	-249.63%	-2652.52%
Profit Margin	-345.80%	-366.55%	-174.31%	-216.78%	-2768.31%
FCF Margin	-	-162.82%	-167.61%	-243.91%	-2113.37%
EBITDA	-360.08	-277.16	-128.9	-153.95	-201.56
EBITDA Margin	-373.56%	-369.43%	-179.28%	-225.11%	-2483.22%
EBIT	-360.08	-285.52	-143.24	-170.72	-215.31
EBIT Margin	-373.56%	-380.57%	-199.22%	-249.63%	-2652.52%
Effective Tax Rate	-	-0.00%	0.10%	0.05%	-0.24%

Updated Nov 25, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q