Pony.ai Inc. has announced its unaudited financial results for the second quarter ended June 30, 2025.
The company's total revenues increased by 76% year-over-year, with significant growth in their Robotaxi fare-charging revenues, which surged by over 300%.
Pony.ai shares gained 3.2% in premarket trading.
The company reported cash and cash equivalents, short-term investments, restricted cash, and long-term debt instruments for wealth management totaling $747.7 million as of June 30, 2025.
In the second quarter of 2025, financing activities provided an additional $33.1 million, primarily due to employee share sales following the expiration of the lock-up period.
Pony.ai also highlighted their progress in the Robotaxi industry, with over 200 Gen-7 Robotaxi vehicles produced in the past two months, keeping them on track to achieve their target of scaling up to a 1,000-vehicle fleet by year-end.
The company has launched fully-driverless commercial operations in Shanghai and remains the only company operating such services across all four tier-one cities in China.
Additionally, they have expanded their presence in Dubai, South Korea, and Luxembourg.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.