Pony AI Inc. (PYAIF) Gross Margin (2023 - 2025)
Pony AI (PYAIF) posted Gross Margin of 12.75% for Q4 2025, down 30.53% sequentially from 18.35% in Q3 2025, and down 824.0% YoY from 1.76% in Q4 2024.
Pony AI Inc. (PYAIF) Gross Margin (2023 - 2025) Analysis & Trends
Pony AI has reported Gross Margin for 3 years, with the latest figure at 12.75% in Q4 2025.
- Quarterly Gross Margin fell 824.0% year-over-year to 12.75% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 15.73% (up 54.0% YoY) and the FY2025 annual result came in at 15.73%, up 54.0% from the prior year.
- Gross Margin slipped to 12.75% in Q4 2025 per PYAIF's latest filing, from 18.35% in the prior quarter.
- Over five years, Gross Margin peaked at 33.89% in Q4 2023 and troughed at 0.34% in Q2 2024.
- A 3-year average of 16.5% and a median of 16.57% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 1290 bps in 2024, then jumped 1648 bps in 2025.
- Over 3 years, Gross Margin stood at 33.89% in 2023, then tumbled by 38 bps to 20.99% in 2024, then sank by 39 bps to 12.75% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 12.75%, 18.35%, and 16.14% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.75% |
| Sep 30, 2025 | 18.35% |
| Jun 30, 2025 | 16.14% |
| Mar 31, 2025 | 16.57% |
| Dec 31, 2024 | 20.99% |
| Sep 30, 2024 | 9.20% |
| Jun 30, 2024 | -0.34% |
| Mar 31, 2024 | 20.98% |
| Dec 31, 2023 | 33.89% |