11 slides from Pony Ai Inc. Class A's earnings presentation, Aug 18, 2026
Slide 1: Second Quarter 2026 Earnings Conference Call
Pony AI Inc. Second Quarter 2026 Earnings Conference Call Operator Ladies and gentlemen, thank you for standing by, and welcome to Pony AI Inc.’s second quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. After the management’s prepared remarks, there will
Slide 2: Domestic operations and global expansion
Looking at our domestic operations first. The L4 industry in China is entering a new phase where higher standards are required to keep the industry on a sustainable, healthy trajectory. For any Robotaxi company to enter into large-scale deployment, it now needs proven driverless capabilities, positi
Slide 3: Joint Deployment Model and Robotruck business
First, look at the strong monetization that was validated in Q2. By broadening our partnerships, we delivered significant quarter-over-quarter growth in revenue contribution. That’s a direct proof point of this JDM model’s financial viability. Second, the Joint Deployment Model is an asset-light one
Slide 4: World Model precision and efficiency
We also rapidly replicate this success to more high-premium urban markets globally. Traffic rules and driving habits vary significantly across China, Europe, the Middle East and Asia. Despite these fundamental regional differences, our robust generalization enables rapid deployment. Our proven techn
Slide 5: CFO review of revenue results
This concludes my prepared remarks. I will now pass the call over to our CFO, Dr. Leo Wang, for a closer look at our financial results. Leo, please go ahead. Dr. Leo Wang Thank you, Tiancheng. Hello everyone, this is Leo. I will focus on year-over-year comparisons for the second quarter and first ha
Slide 6: Gross margin and operating expenses
Moving to margins. Gross profit reached US$6.4 million, an 83.4% increase year-over-year, translating to a gross margin of 17.5% — up 1.4 percentage points from 16.1% in the same quarter last year. Total GAAP operating expenses were US$72.1 million this quarter, and non-GAAP operating expenses were
Slide 7: Q&A: Uber partnership
I will now turn the call over to the operator to begin our Q&A session. Thank you. Q&A Ming Hsun Lee from BofA I only have one question. Given that Uber partners with several autonomous driving companies worldwide, what are the main reasons that made Uber choose Pony in its European rollout? Thank y
Slide 8: Q&A: Joint Deployment Model economics
efficiency both domestically and internationally. You can think of this as in this model, we are building a win- win model across the value chain. The success of our Gen-7 Robotaxi operations across tier-one cities is really a showcase, it proves our superior safety record and operational efficiency
Slide 9: Q&A: PonyWorld 2.0
The probability distribution of traffic participants varies from city to city. Although our model's generalization capability is strong enough to handle extreme scenarios worldwide, we still need to fine-tune it for local driving styles. For example, in both China and Croatia there are drivers who c
Slide 10: Q&A: Robotaxi operational efficiency
Xiaoyi Lei from Jefferies Thanks for taking my question. This is Xiaoyi from Jefferies. My question is on robotaxi operations. You mentioned that operational efficiency is crucial for running the fleet at scale. Could you maybe give us more color on how is that actually being achieved, for example,
Slide 11: Q&A: L4 light truck
As you recall, we actually unveiled the L4 light truck at the Beijing Auto Show. Since then, it has been four months, and in those four months, we have already built a strong commercial ecosystem around it: The vehicle itself was jointly developed with CATL and is the world's first automotive-grade,