Pony (PNYG) Gross Margin (2019 - 2026)
Pony (PNYG) reported Gross Margin of 72.8% for Q1 2026, up 3440.0% year-over-year from 2.06% in Q1 2025, and up 169.92% quarter-over-quarter from 26.97% in Q4 2025.
Pony (PNYG) Gross Margin (2019 - 2026) Analysis & Trends
Pony (PNYG) has 8 years of Gross Margin data on file, last reported at 72.8% in Q1 2026.
- Gross Margin for Q1 2026 came in at 72.8%, up 3440.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.31% (down 338.0% YoY), and the FY2025 annual result was 33.49%, down 955.0% from the prior year.
- Gross Margin improved to 72.8% in Q1 2026 per PNYG's latest filing, from 26.97% 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 41.87% and a median of 40.5% in 2024 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 17325 bps in 2022 and fell as far as 6918 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 2.77% in 2022, then surged by 638 bps to 14.92% in 2023, then surged by 171 bps to 40.5% in 2024, then slumped by 33 bps to 26.97% in 2025, then soared by 170 bps to 72.8% in 2026.
- Business Quant data shows PNYG's Gross Margin at 72.8% in Q1 2026, 26.97% in Q4 2025, and 31.36% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 94.15% |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 91.33% |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 91.46% |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 87.62% |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 35.97% |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 26.20% |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 11.83% |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 21.21% |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | 40.32% |
| 10 | Pony | - | - | 17,279.00 | 72.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 48.01% |