Xiaoma Zhixing: Revenue of 629 million yuan in 2025, Robotaxi income doubles

Sina Technology reported on March 26 in the afternoon: Pony.ai released its unaudited financial results for the fourth quarter of 2025 and for the full year. For 2025, the company’s total revenue reached 629 million yuan, up 20% year over year, marking a continuous four-year upward trend. The financial report expects that, by the end of 2026, the scale of its Robotaxi fleet will reach more than 3,000 vehicles, with Robotaxi deployments in more than 20 cities at home and abroad.

For the full year 2025, Pony.ai’s Robotaxi business revenue was 116 million yuan, up 129% year over year, including passenger fare revenue, which grew by nearly 400% year over year. In the fourth quarter, Robotaxi business revenue was 46.6 million yuan, accounting for about 40% of full-year Robotaxi business revenue. Passenger fare revenue increased by more than 500% year over year, as the Robotaxi business entered a period of explosive growth.

The company said this was mainly due to the rapid validation of the Robotaxi business model. The seventh-generation Robotaxi was concentrated for commercial operations in November 2025. That month, Guangzhou achieved a turnaround to profitability at the level of per-vehicle operations. In the first quarter of 2026, the Robotaxi operating performance in Shenzhen also kept setting new records: between January 1, 2026 and February 16, the number of paid orders had already exceeded the total number of paid orders for all of 2025. Based on February’s full-month average level, per-vehicle operations had also turned profitable. On March 22, the seventh-generation Robotaxi in the Shenzhen region set a historical high for average daily net revenue per vehicle at 394 yuan, with the average number of orders per vehicle on that day reaching 25 orders. As of now, Pony.ai has over one million users, nearly three times the same period last year.

Pony.ai’s founder and CEO Peng Jun said in the financial report: “2025 is a pivotal year for the development of Pony.ai. The company has achieved comprehensive expansion in revenue scale, Robotaxi fleet size, coverage of the operating network, and the user base. Looking ahead to 2026, we will accelerate efforts to drive revenue growth, expand the Robotaxi fleet to more than 3,000 vehicles, and deploy Robotaxi in more than 20 cities worldwide.” (Wen Meng)

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责任编辑：常福强