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NASDAQ · Technology

Pony AI Inc. (PONY)

Pony AI Inc. reported revenue of $90M in fiscal 2025, up 20.0% from a year earlier. It posted a net loss of $134M. In fiscal 2025 capital spending exceeded operating cash flow by $208.8M. At December 31, 2025 it held $293.5M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 22, 2026.

Watch PONY in 60 seconds
Price
$6.94
+0.73% on the day · September 28, 2026
52-week range $6.37 to $24.92
Market cap
$3B
Revenue (FY2025)
$90M
+20.0% year on year
Net margin
-148.9%

What Pony AI Inc. does

Pony AI Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on NASDAQ under the ticker PONY.

Revenue and profit by year

Revenue
FY22: $68.4M $68.4M FY22FY24: $71.9M $71.9M FY24FY24: $75M $75M FY24FY25: $90M $90M FY25
Net income
FY22: -$148M -$148M FY22FY24: -$124.8M -$124.8M FY24FY24: -$274.1M -$274.1M FY24FY25: -$134M -$134M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$90M-$260.9M-$134M-$0.35-$208.8M
2024$75M-$285.5M-$274.1M-$2.40-$122.2M
2024$71.9M-$143.2M-$124.8M-$1.40-$120.5M
2022$68.4M-$170.7M-$148M-$1.73-$166.8M

Full financial statements: income, balance sheet and cash flow

Where PONY ranks in Technology

Revenue$90M
#456 of 731 in Technology · Bottom 38%
Revenue growth+20.0%
#170 of 604 in Technology · Top 28%
Net margin-148.9%
#584 of 611 in Technology · Bottom 4%
Free cash flow margin-232.0%
#563 of 569 in Technology · Bottom 1%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Pony AI Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. September 4, 2026
  3. August 25, 2026
  4. August 18, 2026
  5. August 14, 2026
  6. August 6, 2026
  7. July 17, 2026
  8. July 9, 2026
  9. July 7, 2026
  10. June 10, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on June 29, 2026. Insider transactions on SEC

Insider trades

What the people running Pony AI Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 26, 2026 Wang HaojunChief Financial Officer Sold 13,751 $6.86 $94.3K Form 4
June 26, 2026 Zhang NingVice President Sold 17,347 $6.86 $119K Form 4
June 26, 2026 Mo LuyiVice President Sold 14,460 $6.86 $99.2K Form 4
June 25, 2026 Wang HaojunChief Financial Officer Exercised options 962 - - Form 4
June 25, 2026 Wang HaojunChief Financial Officer Exercised options 10,000 - - Form 4
June 25, 2026 Wang HaojunChief Financial Officer Exercised options 23,750 - - Form 4
June 25, 2026 Zhang NingVice President Exercised options 3,667 - - Form 4
June 25, 2026 Zhang NingVice President Exercised options 1,250 - - Form 4
June 25, 2026 Zhang NingVice President Exercised options 10,000 - - Form 4
June 25, 2026 Zhang NingVice President Exercised options 20,000 - - Form 4
June 25, 2026 Mo LuyiVice President Exercised options 3,667 - - Form 4
June 25, 2026 Mo LuyiVice President Exercised options 417 - - Form 4
June 25, 2026 Mo LuyiVice President Exercised options 944 - - Form 4
June 25, 2026 Mo LuyiVice President Exercised options 9,062 - - Form 4
June 25, 2026 Mo LuyiVice President Exercised options 15,000 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns PONY

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Jun Peng13G, passive with 2 related filers 13.8% 60,000,000 November 17, 2025
Ontario Teachers Pension Plan Board13G, passive with 1 related filers 8.05% 21,641,766 February 7, 2025
HSG Holding Limited ("HSG Holding")13G, passive with 8 related filers 7.4% 22,615,083 November 14, 2025
Tiancheng Lou13G, passive with 2 related filers 6% 21,199,598 May 15, 2025
Fmr LLC13G, passive with 1 related filers 5% 17,615,617 February 5, 2026

Latest filings below 5%: TMT General Partner Ltd. 4.2% (January 30, 2026); IDG China Venture Capital Fund IV L.P. 4.3% (November 12, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 2,834,649 shares in total, about $19.7M at the last price.

HolderSharesAs of
Wang HaojunChief Financial Officer 1,442,504 June 26, 2026
Zhang NingVice President 630,109 June 26, 2026
Mo LuyiVice President 350,156 June 26, 2026
Gao TianVP, Chief of Staff, GC 331,683 March 30, 2026
Lou TianchengChief Technology Officer, Director 80,197 June 25, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about PONY

What does Pony AI Inc. do?

Pony AI Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on NASDAQ under the ticker PONY.

Is Pony AI Inc. profitable?

No. In fiscal 2025 it reported a net loss of $134M on revenue of $90M.

How much revenue does Pony AI Inc. make?

In fiscal 2025 Pony AI Inc. reported revenue of $90M. That is 20.0% more than a year earlier.

When did Pony AI Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 22, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 23, 2026.

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Where the numbers come from

Financial figures are the values Pony AI Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.