Pony AI (HKG:2026) posted a 72% revenue increase for the third quarter of 2025 to $25.4 million from $14.8 million a year earlier, driven by growth in its Robotaxi services and licensing and applications businesses, according to a Tuesday filing with the Hong Kong Exchange.
The autonomous driving technology company reported an attributable loss of $61.3 million, wider than the $41.9 million loss a year earlier.
Meanwhile, loss per share narrowed to $0.16 from $3.51, reflecting a higher average share count of 385.3 million compared with 91.9 million.
Pony AI has remained unprofitable in recent years amid continued heavy investment in research and development.
The company's R&D expenses amounted to $60.4 million in Q3, up 80% from $33.6 million a year prior.
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