Pony AI
PONY
6.07
-0.06
-0.98%
Pony AI
US · PONY
#2578 by market cap
Listed 2024
6.07
-0.06
-0.98%
Live - 5344 symbols - heartbeat 159s ago
· 2026-10-08 08:38
Pre-market
5.91
-2.64%
After-hours
6.08
+0.16%
Overnight
5.88
-3.13%
- Market cap
- 2.64B
- P/E (TTM)i
- -18.39
- P/Bi
- 1.67
- EPSi
- -0.35
- Div yieldi
- 0.00%
- 52W posi
- 1%
Reader sentiment
Are you bullish or bearish on PONY?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 14.48, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 5 years
Latest year +19.96% YoY
Margins
- Gross margin
- 15.73%
- Operating margin
- -289.84%
- Net margin
- -148.85%
Key ratios & quality
- Altman Z-Scorei
- 14.48
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 8.12M | 68.39M | 71.90M | 75.03M | 90.00M |
| Gross profit | 6.31M | 32.06M | 16.88M | 11.40M | 14.16M |
| Selling & admin expenses | 51.02M | 49.18M | 37.42M | 56.75M | 57.60M |
| Research & development | 170.60M | 153.60M | 122.71M | 240.18M | 217.42M |
| Operating profit | -215.31M | -170.72M | -143.24M | -285.52M | -260.86M |
| Pretax profit | -224.16M | -148.32M | -125.45M | -275.01M | -76.76M |
| Tax | 547.00K | -74.00K | -126.00K | 1.00K | 0 |
| Net profit | -224.70M | -148.25M | -125.33M | -275.01M | -76.76M |
| Basic EPS | -1 | 0 | 0 | -1 | 0 |
| Diluted EPS | -0.61 | -0.40 | -0.34 | -0.78 | -0.35 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 13.98M | 21.46M | 25.44M | 29.13M | 34.25M | 36.22M |
| Gross profit | 2.32M | 3.46M | 4.67M | 3.71M | 5.56M | 6.35M |
| Selling & admin expenses | 10.87M | 15.70M | 13.96M | 17.07M | 16.02M | 15.86M |
| Research & development | 47.49M | 49.03M | 60.38M | 60.52M | 47.88M | 56.24M |
| Operating profit | -56.04M | -61.27M | -69.67M | -73.87M | -58.34M | -65.74M |
| Pretax profit | -37.38M | -53.26M | -61.57M | 75.45M | -53.51M | -45.35M |
| Tax | -- | 1.00K | -1.00K | 0 | -- | -- |
| Net profit | -37.38M | -53.26M | -61.57M | 75.45M | -53.51M | -45.35M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.12 | -0.14 | -0.16 | 0.06 | -0.12 | -0.13 |
Balance sheet
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total current assets | 442.14M | 643.57M | 666.35M | 834.62M | 1.25B |
| Cash & ST investments | 418.75M | 577.91M | 589.55M | 745.01M | 1.17B |
| Inventory | -- | -- | -- | -- | -- |
| Total assets | 708.94M | 771.51M | 747.12M | 1.05B | 1.81B |
| Total current liabilities | 30.11M | 48.10M | 48.17M | 70.89M | 91.48M |
| Short-term debt | -- | 9.25M | 5.11M | 3.97M | 18.50M |
| Long-term debt | -- | -- | -- | -- | -- |
| Total liabilities | 31,245,000.00 | 53,602,000.00 | 51,944,000.00 | 82,110,000.00 | 103,838,000.00 |
| Total equity | 677.69M | 717.91M | 695.17M | 968.71M | 1.71B |
| Retained earnings | -466.55M | -614.66M | -739.53M | -1.29B | -1.42B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 716.23M | 701.80M | 541.31M | 1.25B | 1.17B | 1.24B |
| Cash & ST investments | 629.95M | 608.03M | 444.66M | 1.17B | 1.07B | 1.11B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 972.34M | 991.05M | 900.67M | 1.81B | 1.76B | 1.74B |
| Total current liabilities | 45.15M | 113.37M | 76.88M | 91.48M | 72.39M | 77.58M |
| Short-term debt | 3.62M | 4.83M | 4.86M | 18.50M | 5.04M | 22.60M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 54,990,000.00 | 126,781,000.00 | 88,674,000.00 | 103,838,000.00 | 85,694,000.00 | 93,005,000.00 |
| Total equity | 917.35M | 864.27M | 811.99M | 1.71B | 1.67B | 1.65B |
| Retained earnings | -- | -- | -- | -1.42B | -- | -1.53B |
Cash flow
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | -146.14M | -154.77M | -115.42M | -110.76M | -164.96M |
| Depreciation & amortization | 13.74M | 16.77M | 14.34M | 8.36M | 6.22M |
| Free cash flow | -171.54M | -166.80M | -120.51M | -122.16M | -208.83M |
| Dividends paid | -- | -- | 0 | 0 | -6.44M |
| Stock buybacks / issuance | 0 | 0 | -994.00K | 408.40M | 829.46M |
| Ending cash balance | 242.99M | 318.52M | 426.21M | 536.17M | 295.71M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -54.16M | -25.41M | -56.80M | -28.59M | -74.20M | -44.01M |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -54.16M | -25.41M | -56.80M | -72.47M | -74.20M | -88.63M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 379.38M | 318.74M | 100.69M | 295.71M | 329.26M | 331.91M |
Returns & efficiency
| Line item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -200.18 | -10.29 |
| ROA %i | -31.70 | -20.00 | -16.44 | -30.49 | -9.36 |
| ROIC %i | -- | -- | -- | -185.82 | -10.13 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- |
| EBIT margin %i | -2,652.52 | -249.63 | -199.22 | -380.57 | -289.84 |
| FCF / sales %i | -- | -- | -- | -- | -- |
| Current ratioi | 14.69 | 13.38 | 13.83 | 11.77 | 13.67 |
| Quick ratioi | 13.98 | 12.73 | 13.01 | 11.03 | 13.13 |
| Debt / assetsi | 0.00 | 1.69 | 0.98 | 1.31 | 1.59 |
| LT debt / equityi | -- | -- | -- | 1.03 | 0.63 |
| Interest coveragei | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 109.86 | 9.59 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -32.95 | -826.81 | -42.23 | -10.29 | -11.24 | -12.20 |
| ROA %i | -30.49 | -37.86 | -37.56 | -9.36 | -10.37 | -10.85 |
| ROIC %i | -32.51 | -645.06 | -41.44 | -10.13 | -11.12 | -11.94 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -401.21 | -386.19 | -373.56 | -289.84 | -238.64 | -214.04 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 15.86 | 6.19 | 7.04 | 13.67 | 16.12 | 15.94 |
| Quick ratioi | 14.62 | 5.67 | 6.27 | 13.13 | 15.44 | 15.09 |
| Debt / assetsi | 1.24 | 1.69 | 1.68 | 1.59 | 0.93 | 2.08 |
| LT debt / equityi | 0.94 | 1.40 | 1.28 | 0.63 | 0.70 | 0.86 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Virtual driver operation and other related services is the largest reported line at 44.67% of revenue, across 3 reported segments.
- No single line clears half of revenue; Sales of products is next at 36.99%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Virtual driver operation and other related services44.67%
Sales of products36.99%
Engineering Solution Services18.35%
Region
Chinese Mainland97.29%
Other overseas regions2.71%
Quote time 2026-10-08 08:38:50 · For reference only, not investment advice and not tailored to your situation.