Pony.ai Q3 Revenue Up 72%, Net Loss Widens

[madmax]

Pony.ai reported Q3 revenue of $25.4M, up 72% YoY, driven by robotaxi services, self-driving trucks, and licensing. Despite revenue growth, net loss rose 46% to $61.6M. The company ended Q3 with $587.7M in cash and short-term investments, down from $747.7M last quarter due in part to its joint venture with Toyota.

[Nahid Hossen]

Strong revenue growth, but widening losses show heavy scaling costs.

[Abdul Khan]

High growth phases often come with big expenses—expected for now.