PONY-W (02026), the autonomous driving company, has released its interim financial results for the six months ended June 30, 2026, revealing a total revenue of $70.47 million, marking a substantial year-on-year increase of 98.88%. During the same period, the net loss attributable to Pony AI Inc reached $110 million, which reflects a 14.74% increase compared to the prior year.
Breaking down the revenue streams, revenue from autonomous mobility services (Robotaxi) for the first half of 2026 amounted to $20.6 million, a remarkable surge of 534.0% from the $3.3 million recorded in the same period last year. Notably, fare-based revenue experienced explosive growth, climbing 456.5% year-on-year in the first quarter of 2026, and accelerating further to an 849.3% increase in the second quarter. This substantial uptick was primarily fueled by the rollout of the seventh-generation vehicle fleet and the expanded commercial operations of its autonomous mobility services. Additionally, increased vehicle deployments under the co-built fleet model contributed to the revenue growth, with its revenue contribution in Q2 2026 rising sequentially from Q1, indicating sustained commercial progress in this model.
Commenting on the results, Dr. Jun Peng, Chairman and CEO of Pony AI Inc, stated, "During the second quarter, we advanced the scaling and commercialization of our autonomous mobility business, achieving robust revenue growth and rapid fleet expansion while broadening our operational footprint in both China and international markets. In China, we continue to meet a wider range of high-frequency mobility demands through solid operational capabilities and an optimized user experience. Leveraging our operational expertise gained domestically, we are expanding our overseas presence and collaborating with partners such as Uber. Concurrently, we are increasing vehicle deployments in China's first-tier cities to consolidate our competitive position, while also gaining incremental contributions from our growing overseas operations. We are progressing steadily with our annual plans and are confident in exceeding our full-year Robotaxi revenue targets, with ongoing overseas commercialization providing additional growth momentum."
Dr. Tiancheng Lou, Chief Technology Officer of Pony AI Inc, added, "Our early strategic investments in full-stack L4 autonomous driving technology and advanced world models are now translating into efficiency gains across R&D, testing, and fleet operations. PonyWorld 2.0 allows us to deploy Robotaxi fleets across multiple countries and cities simultaneously without requiring proportional increases in engineering resources. Meanwhile, the operational optimizations driven by our technology have enhanced our ability to manage fleets at scale. These improvements in R&D and operational efficiency are enabling us to accelerate the deployment and scaling of our Robotaxi services in new global markets."
Dr. Haojun Wang, Chief Financial Officer of Pony AI Inc, commented on the financial performance, "Our second-quarter results demonstrate continued progress in commercialization and operational efficiency. Revenue from autonomous mobility services grew 691.2% year-on-year to $12.1 million, primarily driven by an 849.3% increase in passenger fare revenue. Furthermore, the sequential growth in revenue contribution from the co-built fleet model highlights its potential to enhance capital efficiency and support scalable business growth. The growth rate of operating expenses was significantly lower than that of revenue, reflecting ongoing improvements in operating leverage and our disciplined approach to capital allocation, with a sustained focus on capital efficiency and returns. We remain committed to converting our technological and operational strengths into sustainable, high-quality financial growth."