Pony AI Reports Q4 EPS Beat, Robotaxi Revenue Up 160% to $6.7M
Pony AI’s Q4 adjusted EPS reached $0.12 on $29.1 million revenue, driven by a 160% surge in robotaxi services to $6.7 million despite an 18% overall revenue decline. The company also partnered with Uber to launch Europe’s first commercial robotaxi service in Zagreb.
1. Q4 Financial Results
Pony AI generated $29.1 million in Q4 revenue with adjusted earnings per share of $0.12, outperforming analyst estimates. Total revenue declined 18% year-over-year to $29.1 million, largely due to a 53% drop in licensing and applications revenue to $9.4 million.
2. Robotaxi Performance
Robotaxi services revenue surged 160% year-over-year to $6.7 million, while fare-charging revenues jumped over 500%. The company achieved unit economics breakeven in Guangzhou and Shenzhen, with daily net revenue per Gen-7 vehicle reaching RMB394 on 25 orders in Shenzhen.
3. Strategic Partnership and Expansion
Pony AI announced a partnership with Uber to launch the first commercial robotaxi service in Europe, starting in Zagreb. The fleet surpassed 1,400 units by March 25 and the company aims to expand to over 3,000 vehicles and more than 20 cities globally by year-end 2026.
4. Losses and Cash Position
Adjusted net loss widened to $49 million from $41.3 million in the prior-year quarter due to front-loaded commercialization investments. Cash and cash equivalents stood at $1.5 billion as of December 31, 2025, providing substantial runway for growth initiatives.