Pony (PNYG) Gross Margin (2019 - 2026)
Pony's (PNYG) quarterly Gross Margin came in at 10.94% in Q2 2026, down 2608.0% year-over-year from 0.44% in Q2 2025, and down 84.97% quarter-over-quarter from 72.8% in Q1 2026.
Analysis
Pony (PNYG) Gross Margin (2019 - 2026) Analysis & Trends
Pony (PNYG) has reported Gross Margin for 8 consecutive years, with 10.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 2608.0% year-over-year to 10.94% in Q2 2026; TTM through Jun 2026 was 32.82%, a 758.0% decrease from a year earlier, with the FY2025 full-year figure at 33.49%, down 955.0% from the prior year.
- Gross Margin was 10.94% for Q2 2026 at Pony, down from 72.8% in the prior quarter.
- Over five years, Gross Margin peaked at 72.8% in Q1 2026 and troughed at 2.77% in Q4 2022.
- A 5-year average of 40.15% and a median of 39.45% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 17325 bps in 2022, down 6918 bps in 2022.
- Over 5 years, Gross Margin stood at 2.77% in 2022, then jumped by 638 bps to 14.92% in 2023, then jumped by 171 bps to 40.5% in 2024, then tumbled by 33 bps to 26.97% in 2025, then tumbled by 59 bps to 10.94% in 2026.
- The last three Gross Margin figures came in at 10.94% (Q2 2026), 72.8% (Q1 2026), and 26.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 143.82 Bn | 138.61 Bn | 6.38 Bn | 44.93% |
| 2 | DoorDash | 83.59 Bn | 78.26 Bn | 2.35 Bn | 52.69% |
| 3 | Grab Holdings | 11.46 Bn | 7.73 Bn | 435.00 Mn | 43.63% |
| 4 | Lyft | 5.72 Bn | 3.92 Bn | 917.12 Mn | 49.75% |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | 76.55% |
| 6 | Ryde | 90.02 Mn | 90.02 Mn | - | - |
| 7 | Swvl Holdings | 42.55 Mn | 35.16 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 34.66% |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 10.94% |
| 10 | Freight Technologies | 71,357.58 | -275,360.42 | 373,200.00 | 10.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.94% |
| Mar 31, 2026 | 72.80% |
| Dec 31, 2025 | 26.97% |
| Sep 30, 2025 | 31.36% |
| Jun 30, 2025 | 37.02% |
| Mar 31, 2025 | 38.40% |
| Dec 31, 2024 | 40.50% |
| Sep 30, 2024 | 53.38% |
| Jun 30, 2024 | 45.14% |
| Mar 31, 2024 | 34.64% |
| Dec 31, 2023 | 14.92% |
| Sep 30, 2023 | 47.66% |
| Jun 30, 2023 | 55.82% |
| Mar 31, 2023 | 56.19% |
| Dec 31, 2022 | -2.77% |
| Sep 30, 2022 | 71.45% |
| Jun 30, 2022 | 71.43% |
| Mar 31, 2022 | 16.89% |
| Dec 31, 2021 | 66.40% |
| Sep 30, 2021 | 17.74% |