Pony AI (PONY) Operating Margin (2023 - 2026)
Pony AI (PONY) recorded Operating Margin of -181.51% in the quarter ended Jun 30, 2026, up 104.06 percentage points from -285.57% a year earlier but down 11.18 percentage points from the prior quarter.
Pony AI (PONY) Operating Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Pony AI's Operating Margin came in at -214.04% as of Jun 30, 2026, up 172.15 percentage points year-over-year; for the year ended Dec 31, 2025, it was -289.84%, up 90.73 percentage points from the prior year.
- Annual Operating Margin has a three-year change of -40.20 percentage points (years ended Dec 2022 to Dec 2025).
- Across earlier years, Operating Margin came in at -380.57% in the year ended Dec 31, 2024 (-181.35 pp), -199.22% in the year ended Dec 31, 2023 (+50.41 pp) and -249.63% in the year ended Dec 31, 2022.
- Quarterly Operating Margin has ranged from -487.38% in the quarter ended Dec 31, 2024 to -52.32% in the quarter ended Dec 31, 2023 over the past five years.
- On a year-over-year basis, Operating Margin has increased for five consecutive quarters, with an average year-over-year change of +4.12 percentage points over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at -170.33% (quarter ended Mar 31, 2026), -253.64% (quarter ended Dec 31, 2025) and -273.85% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 11.07 Bn | 6.10 Bn | -5.00 Mn | -13,300.00% |
| 2 | Mobileye Global | 6.05 Bn | -61.98 Mn | 235.00 Mn | -5.91% |
| 3 | Pony AI | 2.84 Bn | 2.91 Bn | 6.35 Mn | -181.51% |
| 4 | WeRide | 1.82 Bn | -1.20 Bn | 12.76 Mn | -167.32% |
| 5 | Securetech Innovations | 781.01 Mn | 780.42 Mn | - | - |
| 6 | Serve Robotics | 402.21 Mn | 402.21 Mn | -8.78 Mn | -2,040.30% |
| 7 | Kodiak AI | 372.81 Mn | -135.31 Mn | - | -1,248.27% |
| 8 | Richtech Robotics | 354.53 Mn | 354.53 Mn | 802,000.00 | -966.28% |
| 9 | ECARX Holdings | 326.03 Mn | -35.79 Mn | 44.50 Mn | -2.75% |
| 10 | Palladyne AI | 253.58 Mn | 61.95 Mn | 1.68 Mn | -231.94% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -181.51% |
| Mar 31, 2026 | -170.33% |
| 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% |
Pony AI Operating 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=operating-margin&ticker=PONY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=PONY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();