Pony AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	318.53	535.98	425.96	316.26	242.54
Short-Term Investments	289.49	209.04	163.59	261.64	176.21
Cash & Short-Term Investments	608.03	745.01	589.55	577.91	418.75
Cash Growth	28.54%	26.37%	2.02%	38.01%	-
Receivables	34.53	36.88	37.23	34.21	2.17
Prepaid Expenses	59.23	52.71	39.51	29.65	21.22
Restricted Cash	0.02	0.02	0.05	1.81	-
Total Current Assets	701.8	834.62	666.35	643.57	442.14
Property, Plant & Equipment	45.78	30.58	21.84	34.97	33.91
Long-Term Investments	214.14	130.8	51.71	80.65	227.17
Other Long-Term Assets	29.32	54.82	7.22	12.33	5.71
Total Assets	991.05	1,051	747.12	771.51	708.94
Accounts Payable	3.18	2.18	1.8	1.77	2.62
Accrued Expenses	58.52	24.5	16.8	16.14	22.54
Short-Term Debt	-	-	-	3.95	-
Current Portion of Leases	5.19	3.97	5.11	5.3	-
Current Income Taxes Payable	16.7	1.81	2.41	3.2	0.9
Current Unearned Revenue	2.05	3.23	2.41	4.92	-
Other Current Liabilities	27.74	35.19	19.64	12.83	4.05
Total Current Liabilities	113.37	70.89	48.17	48.1	30.11
Long-Term Leases	12.93	9.84	2.25	3.79	-
Other Long-Term Liabilities	0.48	1.39	1.53	1.71	1.14
Total Liabilities	126.78	82.11	51.94	53.6	31.25
Common Stock	0.19	0.18	0.05	0.04	0.04
Additional Paid-In Capital	2,235	2,228	57.76	63.2	50.8
Retained Earnings	-1,384	-1,288	-739.53	-614.66	-466.55
Comprehensive Income & Other	2.47	10.35	4.47	-0.07	13.61
Total Common Equity	853.36	951.12	-677.25	-551.49	-402.1
Minority Interest	10.9	17.59	11.15	11.9	3.89
Shareholders' Equity	864.27	968.71	695.17	717.91	677.69
Total Liabilities & Equity	991.05	1,051	747.12	771.51	708.94
Total Debt	18.12	13.81	7.36	13.04	-
Net Cash (Debt)	589.9	731.21	582.2	564.87	418.75
Net Cash Growth	26.04%	25.59%	3.07%	34.89%	-
Net Cash Per Share	2.38	6.40	6.53	6.62	5.19
Filing Date Shares Outstanding	385.29	355.29	91.75	91.8	80.7
Total Common Shares Outstanding	385.29	350.29	91.75	91.8	80.7
Working Capital	588.43	763.74	618.18	595.47	412.04
Book Value Per Share	2.21	2.72	-7.38	-6.01	-4.98
Tangible Book Value	853.36	951.12	-677.25	-551.49	-402.1
Tangible Book Value Per Share	2.21	2.72	-7.38	-6.01	-4.98
Machinery	68.56	62.15	53.36	53.78	50.58
Construction In Progress	8.14	0.6	0.01	0.13	1.16
Leasehold Improvements	4.78	4.73	6.2	6.26	5.5

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q