Pony (PNYG) FCF Margin (2019 - 2026)
Pony (PNYG) recorded FCF Margin of -8.74% in Q2 2026, up 54.93 percentage points from -63.66% a year earlier and up 236.99 percentage points from the prior quarter.
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Analysis
Pony (PNYG) FCF Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Pony's FCF Margin came in at -90.71% as of Jun 30, 2026, down 6.65 percentage points year-over-year; for FY2025, it came in at -71.62%, up 81.34 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -18.68 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -152.96% in FY2024 (-66.83 pp), -86.13% in FY2023 (+195.03 pp), -281.17% in FY2022 (-279.40 pp) and -1.76% in FY2021 (+51.18 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q4 2022.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +46.60 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 664.80 percentage points in Q2 2023, against a drop of 928.52 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -245.73% (Q1 2026), -51.02% (Q4 2025) and -103.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 49.55% |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 17.50% |
| 10 | Pony | 689,999.98 | 654,026.98 | 3,440.00 | -8.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.74% |
| Mar 31, 2026 | -245.73% |
| Dec 31, 2025 | -51.02% |
| Sep 30, 2025 | -103.59% |
| Jun 30, 2025 | -63.66% |
| Mar 31, 2025 | -77.74% |
| Dec 31, 2024 | -103.99% |
| Sep 30, 2024 | -96.47% |
| Jun 30, 2024 | -118.43% |
| Mar 31, 2024 | -485.87% |
| Dec 31, 2023 | -52.16% |
| Sep 30, 2023 | -125.39% |
| Jun 30, 2023 | -114.14% |
| Mar 31, 2023 | -57.77% |
| Dec 31, 2022 | 32.99% |
| Sep 30, 2022 | -144.71% |
| Jun 30, 2022 | -778.94% |
| Mar 31, 2022 | -389.03% |
| Dec 31, 2021 | 10.45% |
| Sep 30, 2021 | -122.69% |
API Access
Pony FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PNYG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PNYG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PNYG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();