Pony AI (PONY) Gross Margin (2023 - 2026)
Pony AI (PONY) recorded Gross Margin of 17.53% in the quarter ended Jun 30, 2026, up 1.39 percentage points from 16.14% a year earlier and up 1.30 percentage points from the prior quarter.
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Analysis
Pony AI (PONY) Gross Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Pony AI's Gross Margin came in at 16.23% as of Jun 30, 2026, down 0.79 percentage points year-over-year; for the year ended Dec 31, 2025, it was 15.73%, up 0.54 percentage points from the prior year.
- Annual Gross Margin has a three-year change of -31.15 percentage points (years ended Dec 2022 to Dec 2025).
- Across earlier years, Gross Margin came in at 15.20% in the year ended Dec 31, 2024 (-8.28 pp), 23.48% in the year ended Dec 31, 2023 (-23.40 pp) and 46.89% in the year ended Dec 31, 2022.
- Quarterly Gross Margin has ranged from -0.34% in the quarter ended Jun 30, 2024 to 33.89% in the quarter ended Dec 31, 2023 over the past five years.
- On a year-over-year basis, Gross Margin rose in three of the last seven quarters, with an average year-over-year change of +0.16 percentage points.
- Per Business Quant, the preceding three quarters came in at 16.24% (quarter ended Mar 31, 2026), 12.75% (quarter ended Dec 31, 2025) and 18.35% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.22 Bn | 4.47 Bn | -5.00 Mn | -166.67% |
| 2 | Mobileye Global | 4.80 Bn | -908.32 Mn | 261.00 Mn | 53.05% |
| 3 | Pony AI | 1.79 Bn | 1.54 Bn | - | - |
| 4 | NightFood Holdings | 1.52 Bn | 1.52 Bn | 1.61 Mn | 65.93% |
| 5 | WeRide | 1.34 Bn | -1.36 Bn | - | - |
| 6 | Serve Robotics | 275.15 Mn | -579.22 Mn | -7.56 Mn | -266.49% |
| 7 | ECARX Holdings | 259.41 Mn | -114.48 Mn | - | - |
| 8 | Kodiak AI | 251.84 Mn | -256.28 Mn | - | - |
| 9 | Securetech Innovations | 248.87 Mn | 248.87 Mn | - | - |
| 10 | Richtech Robotics | 206.87 Mn | -1.08 Bn | 802,000.00 | 58.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.53% |
| Mar 31, 2026 | 16.24% |
| Dec 31, 2025 | 12.75% |
| Sep 30, 2025 | 18.35% |
| Jun 30, 2025 | 16.14% |
| Mar 31, 2025 | 16.57% |
| Dec 31, 2024 | 20.99% |
| Sep 30, 2024 | 9.20% |
| Jun 30, 2024 | -0.34% |
| Mar 31, 2024 | 20.98% |
| Dec 31, 2023 | 33.89% |
API Access
Pony AI Gross 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=gross-margin&ticker=PONY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PONY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PONY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();