Pony Ai Inc (PYAIF) Financials
Newest figures come from the 10-K for FY2025, filed Apr 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PYAIF SEC filings page.
Pony Ai Inc (PYAIF) reported $90.0M in revenue for fiscal year 2025, up 20.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Pony AI’s dominant mechanic is capital-funded expansion: assets and investment are growing faster than operating economics can support.
From FY2024 to FY2025, revenue increased20.0% while gross margin remained near15.7% , indicating added volume has not yet changed the business’s economics. Operating cash flow reached-$165M in FY2025 while free cash flow was-$209M , showing reinvestment added to—not replaced—the operating cash need.
Equity moved from
R&D reached
Financial Health Signals
Pony Ai Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Pony Ai Inc scores 33.63, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.0B) relative to total liabilities ($103.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Pony Ai Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Pony Ai Inc reported a net loss of $134.0M while operations used $165.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Pony Ai Inc held $293.5M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
PYAIF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
PYAIF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|
| Total Assets | $1.8B+72.5% | $1.1B+40.7% | $747.1M-3.2% | $771.5M |
| Current Assets | $1.3B+49.8% | $834.6M+25.3% | $666.3M+3.5% | $643.6M |
| Cash & Equivalents | $293.5M-45.2% | $536.0M+25.8% | $426.0M+34.7% | $316.3M |
| Short-Term Investments | $872.2M+317.2% | $209.0M+27.8% | $163.6M-37.5% | $261.6M |
| Accounts Receivable | $23.6M-17.2% | $28.6M-9.6% | $31.6M+21.9% | $25.9M |
| Long-Term Investments | $454.9M+247.8% | $130.8M+152.9% | $51.7M-35.9% | $80.7M |
| Total Liabilities | $103.8M+26.5% | $82.1M-94.2% | $1.4B+7.7% | $1.3B |
| Current Liabilities | $91.5M+29.0% | $70.9M+47.2% | $48.2M+0.1% | $48.1M |
| Non-Current Liabilities | $12.4M+10.1% | $11.2M-99.2% | $1.4B+7.9% | $1.3B |
| Total Equity | $1.7B+73.7% | $951.1M+240.4% | -$677.3M-22.8% | -$551.5M |
| Retained Earnings | -$1.4B-10.4% | -$1.3B-74.1% | -$739.5M-20.3% | -$614.7M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
PYAIF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
PYAIF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Where Pony Ai Inc Ranks
Frequently Asked Questions
What is Pony Ai Inc's annual revenue?
Pony Ai Inc (PYAIF) reported $90.0M in total revenue for fiscal year 2025. This represents a 20.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pony Ai Inc's revenue growing?
Pony Ai Inc (PYAIF) revenue grew by 20.0% year-over-year, from $75.0M to $90.0M in fiscal year 2025.
Is Pony Ai Inc profitable?
No, Pony Ai Inc (PYAIF) reported a net income of -$134.0M in fiscal year 2025.
What is Pony Ai Inc's EBITDA?
Pony Ai Inc (PYAIF) had EBITDA of -$253.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Pony Ai Inc's gross margin?
Pony Ai Inc (PYAIF) had a gross margin of 15.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Pony Ai Inc's return on equity (ROE)?
Pony Ai Inc (PYAIF) has a return on equity of -8.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pony Ai Inc's free cash flow?
Pony Ai Inc (PYAIF) recorded an outflow of $208.8M in free cash flow during fiscal year 2025. This represents a -71.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pony Ai Inc's operating cash flow?
Pony Ai Inc (PYAIF) recorded an outflow of $165.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Pony Ai Inc's total assets?
Pony Ai Inc (PYAIF) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Pony Ai Inc's capital expenditures?
Pony Ai Inc (PYAIF) invested $43.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Pony Ai Inc spend on research and development?
Pony Ai Inc (PYAIF) invested $217.4M in research and development during fiscal year 2025.
What is Pony Ai Inc's current ratio?
Pony Ai Inc (PYAIF) had a current ratio of 13.67 as of fiscal year 2025, which is generally considered healthy.
What is Pony Ai Inc's debt-to-equity ratio?
Pony Ai Inc (PYAIF) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pony Ai Inc's return on assets (ROA)?
Pony Ai Inc (PYAIF) had a return on assets of -7.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pony Ai Inc's Altman Z-Score?
Pony Ai Inc (PYAIF) has an Altman Z-Score of 33.63, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Pony Ai Inc's Piotroski F-Score?
Pony Ai Inc (PYAIF) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pony Ai Inc's earnings high quality?
Pony Ai Inc (PYAIF) reported a net loss of $134.0M while operations used $165.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.