Pony AI (PONY) revenue breakdown

Technology · Information Technology Services · Market cap $2.4B

By product, Service is the largest at 63% of fiscal 2025 revenue; Sales of products grew fastest, 155% a year over 3 years.

By region, Chinese mainland is the largest at 97% of fiscal 2025 revenue, growing 15% a year over 3 years.

Revenue by product

Fiscal years, as Pony AI reports them in its 10-K filings; fiscal 2025 total $90M.

Products2022202320242025Share
Service—$65M$67M$57M 63%
Sales of products$2M$7M$8M$33M 37%
Engineering solution services$45M——— —
Virtual driver operation services$21M——— —

Revenue by region

Fiscal years, as Pony AI reports them in its 10-K filings; fiscal 2025 total $90M.

Regions2022202320242025Share
Chinese mainland$58M$72M$74M$88M 97%
Other overseas regions$11M$321,000$604,000$2M 3%
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Questions

Where does Pony AI make its money?

In fiscal 2025, by product: Service $57M, Sales of products $33M.

From Pony AI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.