PONY-W (02026) has released its interim results, with total revenue of $70.47 million, an increase of 98.88% year-on-year.

PONY-W (02026) announced its interim results for the six months ending June 30, 2026, with total revenue of $70.47 million, an increase of 98.88% year-on-year; Pony AI Inc. reported a net loss attributable to shareholders of $110 million, up 14.74% year-on-year. Revenue from autonomous driving mobility services for the six months ending June 30, 2026, was $20.60 million, a 534.0% increase from $3.30 million for the six months ending June 30, 2025. Specifically, revenue from paid services grew by 456.5% year-on-year in the first quarter of 2026, with growth further accelerating to 849.3% year-on-year in the second quarter of 2026. This increase was mainly driven by the launch of the seventh generation fleet and the expansion of our commercial operations in autonomous driving mobility. Additionally, the increased deployment of vehicles under the co-built fleet model also contributed to revenue growth. In the second quarter of 2026, revenue from the co-built fleet model increased compared to the first quarter of 2026, reflecting continued progress in commercialization for this model. Dr. Peng Jun, Chairman and CEO of Pony AI, stated: "In the second quarter, we advanced the scaling and commercialization of our autonomous driving business, achieving robust revenue growth, rapid fleet expansion, and further broadening our operational coverage in China and overseas markets. In China, we continuously meet a wider range of high-frequency travel demands through solid operational capabilities and an optimized user experience. Based on the operational experience accumulated in China, we continue to expand our overseas business footprint and collaborate with partners such as Uber. At the same time, we will continue to expand our vehicle deployment in first-tier cities in China to further consolidate our competitive position, while also gaining incremental contributions from our growing overseas operations. We will continue to promote our full-year plan and are confident of exceeding our annual revenue target for autonomous driving mobility services; the ongoing advancement of our overseas commercialization will also bring more momentum for growth." Dr. Lou Tiancheng, Chief Technology Officer of Pony AI, remarked: "Our early strategic investments in full-stack L4 autonomous driving technology and advanced world models are now translating into efficiencies in R&D, testing, and fleet operations. PonyWorld 2.0 enables us to deploy autonomous taxi fleets simultaneously in multiple countries and cities without a proportional increase in engineering resource input. Meanwhile, the optimization of fleet operations brought by technology has also equipped us with greater scalable fleet operational capability. These improvements in R&D and operational efficiency allow us to accelerate the deployment and scaling of autonomous taxis in new global markets." Dr. Wang Haojun, Chief Financial Officer of Pony AI, said: "The financial performance in the second quarter reflects our continued progress in commercialization and operational efficiency. Revenue from autonomous driving mobility services increased year-on-year by 691.2% to $12.10 million, mainly driven by a year-on-year increase of 849.3% in passenger fare revenue. Moreover, the revenue contribution from the co-built fleet model increased quarter-on-quarter, further demonstrating the potential of this model in enhancing capital efficiency and supporting scalable business growth. The growth rate of operating expenses was far lower than that of revenue, reflecting continuous improvement in operating leverage and our prudent approach to capital allocation, maintaining a focus on capital efficiency and returns. We will continue to focus on translating our technological and operational advantages into sustainable, high-quality financial growth."