Pony AI Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $90.0M | $75.0M | $71.9M | $68.4M |
| Cost of Revenue | $75.8M | $63.6M | $55.0M | $36.3M |
| Gross Profit | $14.2M | $11.4M | $16.9M | $32.1M |
| Gross Margin | 15.7% | 15.2% | 23.5% | 46.9% |
| Operating Expenses | ||||
| Research & Development | $217.4M | $240.2M | $122.7M | $153.6M |
| SG&A Expense | $57.6M | $56.7M | $37.4M | $49.2M |
| Operating Income | $-260.9M | $-285.5M | $-143.2M | $-170.7M |
| Operating Margin | -289.8% | -380.6% | -199.2% | -249.6% |
| Interest Expense | — | — | — | — |
| Pretax Income | $-76.8M | $-275.0M | $-125.5M | $-148.3M |
| Income Tax Expense | — | $1.0K | $-126.0K | $-74.0K |
| Net Income | $-134.0M | $-274.1M | $-124.8M | $-148.0M |
| Net Margin | -148.9% | -365.4% | -173.6% | -216.4% |
| EPS (Basic) | $-0.35 | $-0.80 | $-0.47 | $-0.58 |
| EPS (Diluted) | $-0.35 | $-0.80 | $-0.47 | $-0.58 |
| Shares Outstanding (Basic) | 379.9M | 343.0M | 267.3M | 256.0M |
| Shares Outstanding (Diluted) | 379.9M | 343.0M | 267.3M | 256.0M |
| Dividends Per Share | — | — | — | — |