Autonomous driving firm Pony.ai reports $34.3 million in Q1 revenue, surpassing estimates and boosting its 2026 Robotaxi outlook.
Pony.ai (NASDAQ:PONY) posted first-quarter revenue of $34.3 million, a 145% year-over-year increase and above the $22.6 million analysts expected. The company reported a loss of $0.09 per share, narrower than the $0.12 loss forecasted.
Revenue growth was driven by a 395.4% surge in Robotaxi services to $8.6 million, supported by higher fare activity and fleet expansion. Robotruck services rose 31% to $10.2 million, while intelligent solutions revenue jumped 246.5% to $15.5 million.
Pony.ai raised its 2026 Robotaxi revenue target to over 3.5 times the 2025 level, up from a prior threefold goal. It also increased its year-end fleet target to more than 3,500 vehicles from 3,000.