Key Highlights
- Fourth quarter adjusted EPS reached $0.12, surpassing Wall Street expectations, with quarterly revenue at $29.1 million
- Pre-market trading saw shares advance 2.81% following earnings release and partnership announcement
- Q4 robotaxi revenue skyrocketed 160% compared to the prior year period, hitting $6.7 million
- The autonomous vehicle company unveiled a commercial robotaxi collaboration with Uber, debuting in Zagreb, Croatia
- Vehicle fleet exceeded 1,400 units, with aggressive expansion plans targeting 3,000+ vehicles by late 2026
Shares of Pony AI (PONY) climbed 2.81% during Thursday’s pre-market session following the autonomous driving company’s fourth quarter earnings release that exceeded Wall Street projections and the unveiling of a strategic collaboration with Uber Technologies to bring robotaxi operations to the European market.
Pony AI Inc. American Depositary Shares, PONY
The autonomous vehicle technology firm delivered adjusted earnings per share of $0.12 for the final quarter, surpassing consensus analyst estimates. Quarterly revenue totaled $29.1 million.
Overall revenue declined 18% on a year-over-year basis from $35.5 million. This decrease stemmed primarily from project timing challenges within the company’s licensing and applications division, which saw revenue contract 53% to $9.4 million.
Pony AI $PONY Q4 Earnings
❌ Earnings Miss
Adj. EPS: $(0.12)
**YoY: ↑ 47.83% (from $(0.23))**
✅ Revenue Beat
Sales: $29.125M
**YoY: ↓ 17.99% (from $35.516M)**— CHItrader (@CHItraders) March 26, 2026
Revenue from robotruck operations increased modestly by 1.2%, reaching $13.1 million during the quarter.
The standout performance metric that captured investor attention was the robotaxi segment, where revenue soared 160% year-over-year to $6.7 million. Within this category, fare-based revenues exploded by over 500% compared to the same period last year.
On March 22, 2026, the company achieved a record daily net revenue of RMB394 per Gen-7 vehicle, with each unit completing an average of 25 rides in Shenzhen.
Strategic Uber Alliance Marks European Market Entry
Pony AI revealed a strategic agreement with Uber to introduce Europe’s inaugural commercial robotaxi operation. The service will debut in Zagreb, Croatia, although the companies have not disclosed a specific launch timeline.
The autonomous driving firm has already broadened its geographic footprint to include Croatia, Hangzhou, and Changsha. Management has set an ambitious goal of operating in more than 20 cities worldwide by the close of 2026.
Chief Executive Officer Dr. James Peng described 2025 as “an amazing year,” highlighting fleet expansion, operational growth, and reaching unit economics breakeven across several major Chinese cities.
The company achieved consecutive unit economics profitability in both Guangzhou and Shenzhen within a mere four-month window following the launch of its Gen-7 robotaxi platform.
Expanding Fleet and Balance Sheet Strength
Pony AI’s vehicle fleet surpassed 1,400 units as of March 25, 2026. Management plans to more than double this figure, targeting over 3,000 vehicles deployed by year’s end.
Adjusted net loss for the quarter expanded to $49 million, compared with $41.3 million in the corresponding quarter of the previous year. Company leadership attributed this increase to upfront investments designed to accelerate commercial deployment.
The firm maintained cash and cash equivalents of $1.5 billion as of December 31, 2025, providing substantial financial flexibility for continued expansion.
The financial results were published as unaudited figures prepared in accordance with U.S. GAAP standards. Management advised investors to exercise appropriate caution when evaluating the preliminary numbers.
The latest analyst coverage on the stock assigns a Buy rating, with a price target set at HK$255.20.
As of March 25, 2026, Pony AI operated a fleet of more than 1,400 vehicles, aggressively working toward its ambitious 3,000-unit deployment objective before the year concludes.
