Pony AI rises nearly 3% on earnings beat, robotaxi revenue surge, UBER Partnership

Investing.com - On Thursday, Pony AI Inc. (NASDAQ: PONY) reported fourth quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.12 and revenue of $29.1 million. The company also announced a strategic partnership to launch the first commercial robotaxi service in Europe, starting soon in Zagreb.

The company’s shares rose 2.81% in pre-market trading following the announcement, driven by the earnings beat, strong robotaxi revenue growth, and the announced partnership with Uber Technologies (NYSE: UBER).

The company’s robotaxi services revenue surged 160% YoY to $6.7 million in the fourth quarter, with fare-charging revenues jumping over 500% YoY. Total revenue declined 18% YoY from $35.5 million in the prior-year quarter, primarily due to timing of project-based revenue recognition in licensing and applications, which fell 53% to $9.4 million. Robotruck services revenue increased 1.2% to $13.1 million.

"2025 marked an amazing year for Pony.ai," said Dr. James Peng, Chairman and CEO. "We realized scaling-up in top-line, Robotaxi fleet size, operational footprint and user base, while validating our business model by achieving unit economics breakeven in multiple tier-one cities in China."

The company achieved consecutive unit economics breakeven in Guangzhou and Shenzhen within four months of launching its Gen-7 robotaxi. On March 22, 2026, daily net revenue per Gen-7 vehicle reached an all-time high of RMB394 with 25 orders per vehicle in Shenzhen.

Pony AI’s fleet surpassed 1,400 units as of March 25, 2026, with plans to exceed 3,000 vehicles by year-end 2026. The company has expanded operations to Croatia, Hangzhou, and Changsha, and is targeting deployment in more than 20 cities globally by year-end.

Adjusted net loss widened to $49 million from $41.3 million in the prior-year quarter, reflecting front-loaded investments to accelerate commercialization. Cash and equivalents totaled $1.5 billion as of December 31, 2025.

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