Pony AI (PONY) Operating Margin (2023 - 2025)
Pony AI (PONY) reported Operating Margin of 253.64% for Q4 2025, up 23374.0% on a YoY basis from N/an in Q4 2024, and up 7.38% sequentially from 273.85% in Q3 2025.
Pony AI (PONY) Operating Margin (2023 - 2025) Analysis & Trends
Pony AI (PONY) has 3 years of Operating Margin data on file, last reported at 253.64% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 23374.0% year-over-year to 253.64%; the trailing twelve-month figure through Dec 2025 stood at 289.84% (up 9073.0% YoY), and the FY2025 full-year result was 289.84%, up 9073.0% from the prior year.
- Operating Margin rose to 253.64% in Q4 2025, from 273.85% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 52.32% in Q4 2023 to a low of 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.
- Across the five-year window, Operating Margin plunged 43506 bps in 2024 and jumped 23374 bps in 2025, its largest moves.
- Tracing PONY's Operating Margin over 3 years: stood at 52.32% in 2023, then slumped by 832 bps to 487.38% in 2024, then soared by 48 bps to 253.64% in 2025.
- Business Quant data shows PONY's Operating Margin at 253.64% in Q4 2025, 273.85% in Q3 2025, and 285.57% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 16.96% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 26.97% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 21.09% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 12.84% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 15.57% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 16.01% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.40% |
| 10 | Pony AI | 2.78 Bn | 2.84 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% |