Pony AI Inc. announced its unaudited financial results for the second quarter ended June 30, 2025, on August 12, 2025. The company reported a significant 76% year-over-year increase in total revenues, reflecting effective go-to-market execution. Robotaxi revenues more than doubled, with fare-charging revenues surging over 300% year-over-year, indicating progress in building a scalable monetization model.
Gross margin improved to 16.1% in Q2 2025, resulting in a gross profit of $3.5 million. Despite a net loss of $53.3 million, which reflects increased investments in mass production and R&D for Gen-7 vehicles, the company's cash position remained robust at $747.7 million as of June 30, 2025.
Pony AI is accelerating its Gen-7 Robotaxi production, with over 200 vehicles (213 as of August 11, 2025) having rolled off the production line since mass production started two months prior. The company remains firmly on track to achieve its year-end target of a 1,000-plus vehicle fleet. Management anticipates achieving a remote assistance to vehicle ratio of 1:30 by year-end and an 18% reduction in vehicle insurance costs, alongside the 70% BOM cost reduction of Gen-7 vehicles, providing a clear line of sight to positive unit economics and long-term profitability.
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