PONY
Pony AI Inc. American Depositary Shares
There isn't enough reported data to score PONY yet.
PONY Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
PONY's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
PONY PE Valuation
PONY has no meaningful PE right now: it lost money over the past year.
PONY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect PONY's losses to grow, with revenue growing. However, they disagree widely on these estimates.
PONY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.36 | +$1.03 |
| Q1 2026 | -$0.37 | +$2.13 |
| Q4 2025 | -$0.37 | +$2.61 |
| Q3 2025 | -$0.95 | +$1.82 |
| Q2 2025 | -$1.39 | +$1.09 |
| Q1 2025 | -$2.50 | -$0.89 |
| Q4 2024 | -$2.98 | -$1.58 |
PONY is still losing money, but far less than before: $0.36 per share over the past year, against $2.98 at its worst in late 2024.
PONY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $36.2M | +69% |
| Q1 2026 | $34.3M | +145% |
| Q4 2025 | $29.3M | +16% |
| Q3 2025 | $25.4M | +1.2% |
| Q2 2025 | $21.5M | -13% |
| Q1 2025 | $14M | +12% |
| Q4 2024 | $25.2M | -16% |
| Q3 2024 | $25.2M | -16% |
PONY's revenue has grown year over year for four quarters in a row: $36M last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -182% | +104 points |
| Q1 2026 | -170% | +231 points |
| Q4 2025 | -254% | +171 points |
| Q3 2025 | -274% | +151 points |
| Q2 2025 | -286% | +4.6 points |
| Q1 2025 | -401% | -124 points |
| Q4 2024 | -425% | -315 points |
| Q3 2024 | -425% | -315 points |
PONY's operating margin was −182% last quarter, up 104 points from the same quarter a year ago.
PONY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$76.2M | -$36.3M |
| Q1 2026 | -$86.7M | -$32.5M |
| Q4 2025 | -$152M | -$109.6M |
| Q3 2025 | $73.9K | +$30.6M |
| Q2 2025 | -$39.9M | +$21.1M |
| Q1 2025 | -$54.2M | -$13.1M |
| Q4 2024 | -$42.4M | +$14.2M |
| Q3 2024 | -$30.6M | -$2.7M |
PONY has burned cash in almost every quarter: −$315M over the past year, against −$167M the year before.
PONY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +9.6K shares |
| 1 year | +18% | +66.7M shares |
| 3 years | +392% | +345M shares |
PONY has 434M diluted shares, up 18% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $11.6M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
PONY spent $12M buying back its own shares over the past year, after none the year before.
PONY Net Leverage
PONY's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
PONY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.0 | Oversold |
| Stochastic | 5.7 | Oversold |
PONY's weekly RSI is 29 (oversold) and its Stochastic is 6 (oversold).
PONY PE vs Industrials Sector
PONY has no meaningful PE right now: it lost money over the past year.
PONY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.36 | 17% below |
| 20 week MA | $6.54 | 32% below |
| 50 week MA | $9.79 | 55% below |
| 100 week MA | $12.2 | 64% below |
PONY is in a downtrend: it's below all four of its weekly moving averages, and 64% below its 100-week average.
PONY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $13.0 | $13.7 | +5.4% |
| 2025 | $13.7 | $15.0 | +9% |
| 2026 YTD | $15.0 | $4.43 | -70% |
PONY has finished every year since 2024 higher, and it's down 70% so far in 2026.