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.