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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	99	535.98	425.96	316.26	242.54
Short-Term Investments	345.67	209.04	163.59	261.64	176.21
Cash & Short-Term Investments	444.66	745.01	589.55	577.91	418.75
Cash Growth	-40.31%	26.37%	2.02%	38.01%	-
Accounts Receivable	27.96	28.56	31.58	25.9	0.16
Other Receivables	9.28	8.32	5.65	8.31	2.01
Total Trade Receivables	37.24	36.88	37.23	34.21	2.17
Other Current Assets	59.4	52.73	39.56	31.46	21.22
Total Current Assets	541.31	834.62	666.35	643.57	442.14
Net Property, Plant & Equipment	61.74	30.58	21.84	34.97	33.91
Long-Term Investments	292.56	183.62	51.71	80.65	227.17
Other Long-Term Assets	5.06	1.99	7.22	12.33	5.71
Total Assets	900.67	1,051	747.12	771.51	708.94
Accounts Payable	71.31	66.55	44.3	44.04	30.11
Current Portion of Leases	4.86	3.44	3.87	4.06	-
Other Current Liabilities	0.71	0.9	-	-	-
Total Current Liabilities	76.88	70.89	48.17	48.1	30.11
Long-Term Leases	10.27	9.84	2.25	3.79	-
Other Long-Term Liabilities	1.52	1.39	1.53	1.71	1.14
Total Long-Term Liabilities	11.79	11.22	3.78	5.5	1.14
Total Liabilities	88.67	82.11	51.94	53.6	31.25
Common Stock	-	0.18	0.05	0.04	0.04
Additional Paid-in Capital	-	2,228	57.76	63.2	50.8
Accumulated Other Comprehensive Income	-	10.13	4.33	-0.16	13.61
Retained Earnings	-	-1,288	-739.38	-614.57	-466.55
Total Common Shareholders' Equity	801.22	951.12	-677.25	-551.49	-402.1
Minority Interest	10.78	17.59	1,372	1,269	1,080
Shareholders' Equity	811.99	968.71	-666.11	-539.59	-398.21
Total Liabilities & Equity	900.67	1,051	747.12	771.51	708.94
Total Debt	15.13	13.27	6.11	7.85	0
Net Cash (Debt)	429.53	731.74	583.44	570.06	418.75
Net Cash Growth	-41.30%	25.42%	2.35%	36.13%	-
Net Cash Per Share	-	6.40	6.55	6.68	5.19
Book Value	801.22	951.12	-677.25	-551.49	-402.1
Book Value Per Share	-	8.32	-7.60	-6.46	-4.98
Tangible Book Value	801.22	951.12	-677.25	-551.49	-402.1
Tangible Book Value Per Share	-	8.32	-7.60	-6.46	-4.98

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

SEC Filings: 10-K · 10-Q