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Pony AI Inc. (PONY) Graph

PONY Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2025-12-31: Revenue $90.00M; Cost of revenue $75.84M; Research and development $217.42M; Selling, general and administrative $57.60M.
  • 2024-12-31: Revenue $75.03M; Cost of revenue $63.62M; Research and development $240.18M; Selling, general and administrative $56.75M.
  • 2023-12-31: Revenue $71.90M; Cost of revenue $55.02M; Research and development $122.71M; Selling, general and administrative $37.42M.
  • 2022-12-31: Revenue $68.39M; Cost of revenue $36.32M; Research and development $153.60M; Selling, general and administrative $49.18M.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

PONY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Product$33.29MService$56.71MEngineeringSolution Services$16.52MVirtual Driver OperationAnd Other Related Services$40.20MRevenue$90.00MCost of revenue$75.84MGross profit$14.16MOperating expenses$275.02MOperating income-$260.86MOther income, net$13.08MResearch & development$217.42MSelling, general& administrative$57.60MPre-tax income-$76.76MNet income-$133.97M

Geography

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

PONY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Other Overseas Regions$2.44MCN$87.56MRevenue$90.00MCost of revenue$75.84MGross profit$14.16MOperating expenses$275.02MOperating income-$260.86MOther income, net$13.08MResearch & development$217.42MSelling, general& administrative$57.60MPre-tax income-$76.76MNet income-$133.97M

Related Party Transactions By Related Party

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

PONY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Related Party$30.81MRevenue$90.00MCost of revenue$75.84MGross profit$14.16MOperating expenses$275.02MOperating income-$260.86MOther income, net$13.08MResearch & development$217.42MSelling, general& administrative$57.60MPre-tax income-$76.76MNet income-$133.97M

Timing Of Transfer Of Good Or Service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

PONY revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Transferred AtPoint In Time$44.79MTransferred Over Time$45.21MRevenue$90.00MCost of revenue$75.84MGross profit$14.16MOperating expenses$275.02MOperating income-$260.86MOther income, net$13.08MResearch & development$217.42MSelling, general& administrative$57.60MPre-tax income-$76.76MNet income-$133.97M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentSelling, general and administrativeOperating expensesIncome taxNet income
2025-12-31$90.00M$75.84M$217.42M$57.60M$275.02M(m)-$133.97M
2024-12-31$75.03M$63.62M$240.18M$56.75M$296.93M$1.00K-$274.12M
2023-12-31$71.90M$55.02M$122.71M$37.42M$160.12M-$126.00K-$124.81M
2022-12-31$68.39M$36.32M$153.60M$49.18M$202.78M-$74.00K-$148.02M