Pony AI (PONY) Operating Margin (2023 - 2025)
Pony AI (PONY) posted Operating Margin of 253.64% for Q4 2025, up 7.38% sequentially from 273.85% in Q3 2025, and up 23374.0% YoY from N/an in Q4 2024.
Pony AI (PONY) Operating Margin (2023 - 2025) Analysis & Trends
Pony AI has reported Operating Margin for 3 years, with the latest figure at 253.64% in Q4 2025.
- Quarterly Operating Margin rose 23374.0% year-over-year to 253.64% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 289.84% (up 9073.0% YoY) and the FY2025 annual result came in at 289.84%, up 9073.0% from the prior year.
- Operating Margin rose to 253.64% in Q4 2025 per PONY's latest filing, from 273.85% in the prior quarter.
- Over five years, Operating Margin peaked at 52.32% in Q4 2023 and troughed at 487.38% in Q4 2024.
- A 3-year average of 289.94% and a median of 277.21% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 43506 bps in 2024, then soared 23374 bps in 2025.
- Over 3 years, Operating Margin stood at 52.32% in 2023, then sank by 832 bps to 487.38% in 2024, then soared by 48 bps to 253.64% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 253.64%, 273.85%, and 285.57% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.73 Bn | 211.38 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 115.10 Bn | 104.92 Bn | 6.13 Bn | 16.96% |
| 3 | Infosys | 49.00 Bn | 49.00 Bn | 1.60 Bn | 21.09% |
| 4 | Cgi | 33.33 Bn | 32.87 Bn | - | - |
| 5 | Cognizant Technology Solutions | 29.15 Bn | 28.10 Bn | 1.83 Bn | 15.95% |
| 6 | Fidelity National Information Services | 21.48 Bn | 20.74 Bn | 1.17 Bn | 15.01% |
| 7 | Broadridge Financial Solutions | 21.05 Bn | 20.65 Bn | 853.00 Mn | 24.61% |
| 8 | Wipro | 19.93 Bn | 18.86 Bn | 738.00 Mn | 16.01% |
| 9 | Leidos Holdings | 18.04 Bn | 17.29 Bn | 817.00 Mn | 11.28% |
| 10 | Pony AI | 3.07 Bn | 3.07 Bn | 3.71 Mn | -253.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -253.64% |
| Sep 30, 2025 | -273.85% |
| Jun 30, 2025 | -285.57% |
| Mar 31, 2025 | -400.91% |
| Dec 31, 2024 | -487.38% |
| Sep 30, 2024 | -275.25% |
| Jun 30, 2024 | -303.37% |
| Mar 31, 2024 | -277.21% |
| Dec 31, 2023 | -52.32% |