Pony AI (PONY) Research & Development (2023 - 2026)
Pony AI's Research & Development came in at -$56.24 million for the quarter ended Jun 30, 2026, compared with -$49.03 million a year earlier.
Powered by 
Analysis
Pony AI (PONY) Research & Development (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pony AI reported Research & Development of -$225.02 million; for the year ended Dec 31, 2025, it came in at -$217.42 million.
- Going back by year, Research & Development was -$240.18 million in the year ended Dec 31, 2024, -$122.71 million in the year ended Dec 31, 2023 and -$153.6 million in the year ended Dec 31, 2022.
- The five-year range for quarterly Research & Development is -$147.84 million (the quarter ended Dec 31, 2024) to -$29.01 million (the quarter ended Jun 30, 2024).
- Business Quant data shows PONY's Research & Development at -$47.88 million (quarter ended Mar 31, 2026), -$60.52 million (quarter ended Dec 31, 2025) and -$60.38 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.32 Bn | 4.57 Bn | -5.00 Mn | 203.00 Mn |
| 2 | Mobileye Global | 4.83 Bn | -871.24 Mn | 261.00 Mn | 284.00 Mn |
| 3 | Pony AI | 1.84 Bn | 1.84 Bn | 6.35 Mn | 56.24 Mn |
| 4 | NightFood Holdings | 1.57 Bn | 1.57 Bn | 1.61 Mn | - |
| 5 | WeRide | 1.38 Bn | -1.66 Bn | 12.76 Mn | 63.79 Mn |
| 6 | Serve Robotics | 293.40 Mn | -560.97 Mn | -7.56 Mn | 22.64 Mn |
| 7 | Kodiak AI | 269.63 Mn | -238.49 Mn | - | 22.70 Mn |
| 8 | Securetech Innovations | 265.78 Mn | 265.78 Mn | - | - |
| 9 | ECARX Holdings | 264.26 Mn | -26.26 Mn | 16.90 Mn | 27.50 Mn |
| 10 | Richtech Robotics | 211.98 Mn | -1.07 Bn | 802,000.00 | 950,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.24 Mn |
| Mar 31, 2026 | 47.88 Mn |
| Dec 31, 2025 | 60.52 Mn |
| Sep 30, 2025 | 60.38 Mn |
| Jun 30, 2025 | 49.03 Mn |
| Mar 31, 2025 | 47.49 Mn |
| Dec 31, 2024 | 147.84 Mn |
| Sep 30, 2024 | 33.61 Mn |
| Jun 30, 2024 | 29.01 Mn |
| Mar 31, 2024 | 29.71 Mn |
| Dec 31, 2023 | 31.08 Mn |
API Access
Pony AI Research & Development 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=research-and-development&ticker=PONY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=PONY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();