Pony AI (PONY) Invested Capital (2022 - 2025)

Pony AI has disclosed Invested Capital across 4 years of filings, most recently posting $1.7 billion for Q4 2025.

• Invested Capital for Q4 2025 came in at $1.7 billion, up 73.55% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.7 billion (up 73.55% YoY), and the FY2025 annual result was $1.7 billion, up 73.55% from the prior year.
• Invested Capital came in at $1.7 billion for Q4 2025 at Pony AI, up from $865.0 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $1.7 billion in Q4 2025 to a low of -$666.1 million in Q4 2023.
• The 4-year median for Invested Capital is $865.0 million (2025), against an average of $453.5 million.
• Across the five-year window, Invested Capital dropped 24.36% in 2023 and soared 242.92% in 2024, its largest moves.
• Pony AI's Invested Capital stood at -$535.6 million in 2022, then decreased by 24.36% to -$666.1 million in 2023, then jumped by 242.92% to $952.0 million in 2024, then surged by 73.55% to $1.7 billion in 2025.
• The last three Invested Capital figures came in at $1.7 billion (Q4 2025), $865.0 million (Q2 2025), and $952.0 million (Q4 2024), per Business Quant data.