Pony AI (PONY) Cost of Revenue (2023 - 2026)

Pony AI has disclosed Cost of Revenue across 4 years of filings, most recently posting $29.9 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 66.02% year-over-year to $29.9 million; the TTM figure through Jun 2026 stood at $104.7 million (up 47.23% YoY), while the FY2025 annual figure was $75.8 million, up 19.2% from the prior year.
• Cost of Revenue came in at $29.9 million for Q2 2026 at Pony AI, up from $28.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $33.4 million in Q4 2023 to a low of $9.9 million in Q1 2024.
• Average Cost of Revenue over 4 years is $21.0 million, with a median of $20.8 million recorded in 2025.
• Year-over-year, Cost of Revenue decreased 16.11% in 2024 and surged 145.98% in 2026.
• Over 4 years, Cost of Revenue stood at $33.4 million in 2023, then declined by 16.11% to $28.1 million in 2024, then dropped by 9.44% to $25.4 million in 2025, then gained by 17.54% to $29.9 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $29.9 million in Q2 2026, $28.7 million in Q1 2026, and $25.4 million in Q4 2025.