Netsol Technologies vs Pony AI
Pony AI is the larger business, with $90.0m of revenue in fiscal 2025 against $78.1m for Netsol Technologies (1.2 times as much). Pony AI grew faster (20.0% against 6.9%). Netsol Technologies kept more of each dollar of sales as profit: a net margin of 3.8% against -148.9%. Pony AI carries less debt relative to equity (0.8% against 20.2%).
| Latest fiscal year | Netsol TechnologiesNTWK, 2026 | Pony AIPONY, 2025 |
|---|---|---|
| Revenue | $78.1m | $90.0m |
| Revenue growth | 6.9% | 20.0% |
| Net income | $3.0m | −$134m |
| Operating margin | 8.9% | -289.8% |
| Net margin | 3.8% | -148.9% |
| Return on equity | 7.4% | -10.3% |
| Free cash flow | $11.9m | −$209m |
| Cash | $27.1m | $293m |
| Total debt | $8.4m | $13.2m |
| Debt to equity | 20.2% | 0.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 1,370 | — |
| Market value | $84.3m | $1.73bn |
| Price vs our value range | Below our value range | — |
| Moat score | 23 (Weak) | — |
| Insider trades, 12 months | 8 buys, 1 sales | 0 buys, 10 sales |