Pony AI Inc. income statement

In fiscal 2025, Pony AI Inc. reported revenue of $90.0m, up 20.0% on the year before, operating income of −$261m (a -289.8% margin) and net income of −$134m, or −$0.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Pony AI Inc.: income statement, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	68	72	75	90
Cost of revenue	36	55	64	76
Gross profit	32	17	11	14
Research and development	154	123	240	217
Selling, general and administrative	49	37	57	58
Operating income	−171	−143	−286	−261
Income before tax	−148	−125	−275	−77
Income tax	−0	−0	0	—
Net income	−148	−125	−274	−134
Diluted EPS	−$1.73	−$1.40	−$2.40	−$0.35
Diluted shares (average)	85m	89m	114m	380m
EBITDA	−153	−128	−276	−254

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Pony AI Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Pony AI Inc.