Pony AI Inc. (Stock Code: 2026) Reports Q3 2025 Financial Results and Achieves City-Wide Robotaxi Breakeven

Bulletin Express11-25

Pony AI Inc. (Stock Code: 2026) has announced unaudited financial results for the quarter ended September 30, 2025. The company recorded total revenues of US$25.4 million, marking a 72.0% year-on-year increase. Revenues from Robotaxi services rose by 89.5% year-on-year to US$6.7 million, reflecting accelerating passenger demand and higher fare-charging income. Licensing and applications contributed US$8.6 million, a year-on-year increase of 354.6%.

According to the announcement, the Gen-7 Robotaxi fleet reached city-wide unit economics breakeven in Guangzhou. The company has a total of 961 Robotaxi vehicles in operation, of which 667 are Gen-7 models, and indicates it remains on track to exceed its 1,000-vehicle target this year. Plans call for expanding the fleet beyond 3,000 vehicles by the end of 2026.

The report shows a net loss of US$61.6 million for the quarter, compared with US$42.1 million in the prior-year period. Research and development expenses grew in part due to one-off customization costs for Gen-7 vehicles. The proceeds from the company’s dual primary listing in Hong Kong, which totaled over US$800 million, were highlighted as crucial to financing mass production initiatives and broader commercialization efforts in top-tier cities.

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