Pony AI Reports First Profit, Driven by $75.5 Million Investment Gain

Pony AI reported a net income of $75.5 million for the fourth quarter of 2025. This result marks the company’s first-ever profitable quarter. Gains on the fair value of trading securities generated the profit.

Robotaxi service revenue grew 128.6% during the full year. This segment generated $16.6 million in annual revenue. Total revenue increased by 20%.

The company reported a non-GAAP net loss of $49.0 million for the quarter. Ongoing investments in research and development drove the adjusted loss. Operations achieved unit economics breakeven in Guangzhou and Shenzhen.

Pony AI plans to expand its fleet to over 3,000 vehicles. The company targets operations in more than 20 global cities. It aims to reach this scale by the end of 2026. A partnership with Toyota supports these expansion efforts.