Key Points – Q1 revenue surged 145% year over year to $34.3 million, led by a nearly 400% jump in robotaxi revenue and strong growth in intelligent solutions.
Fare-charging robotaxi revenue rose more than 450%, showing faster commercialization. – Pony AI raised its 2026 outlook after the strong quarter, now targeting more than 3,500 vehicles by year-end and robotaxi revenue growth above 3.5 times 2025 levels
It also expects to operate in more than 20 cities domestically and internationally. – Expansion and international momentum are accelerating, with the robotaxi fleet topping 1,700 vehicles and services expanding across major Chinese cities plus overseas markets like Croatia, Qatar, Singapore and South Korea. Management also highlighted breakeven unit economics in Guangzhou and Shenzhen and meaningful revenue from its joint deployment model. Pony AI (NASDAQ:PONY) reported a sharp increase in first-quarter 2026 revenue and raised its full-year robotaxi targets, citing faster user adoption, fleet growth and expanding international partnerships.
Chairman and CEO Dr. James Peng said total revenue rose 145% year over year in the quarter, while robotaxi revenue increased nearly 400%. He said fare-charging revenue, a key measure of commercial robotaxi usage, grew more than 450% from the prior-year period. “We kicked off 2026 with an amazing first quarter,” Peng said. “This strong start defines our growth momentum for the whole year.” The company said its robotaxi fleet has grown to more than 1,700 vehicles, while registered users in China increased more than 200% year over year.