Pony.ai released its first-quarter earnings for 2025, showcasing a revenue of $14 million, an increase of 11.6% versus the previous year. The surge in Robotaxi services, which rose 200.3% to $1.73 million, was a key driver of this growth. However, despite the positive revenue figures, the company experienced a widening net loss of $42.99 million and a drop in gross margin to 16.6%. The firm reported liquidity of $738.5 million but burned through $156.8 million in cash this quarter, providing an 18-month runway before additional funding is necessary.
Pony.ai reported a substantial increase in Robotaxi services, resulting in a year-over-year revenue growth of 11.6%. However, its net loss widened significantly, indicating persistent financial challenges.
Despite revenue growth, Pony.ai's gross margin declined to 16.6%, emphasizing issues in cost management and profitability as the company expands its services.
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