Pony AI Inc. (PONY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, ladies and gentlemen. Thank you for standing by, and welcome to Pony AI Inc.' 's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the management's prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded, and a webcast replay will be available on the company's Investor Relations website at ir.pony.ai under the News and Events section. I will now turn the call over to your host, George Hsiao, Head of Capital Markets and Investor Relations at Pony AI. Please go ahead, George. Thank you, Operator, and hello, everyone. We appreciate you joining us today for Pony AI's fourth quarter and full year 2025 earnings call. Earlier today, we issued a press release with our financial and operating results, which is available on our Investor Relations website. An earnings presentation, which we will refer to during the conference call, can also be accessed and downloaded on our IR website. Joining me today on the call are Dr. James Peng, Chairman of the Board and CEO, Dr. Tiancheng Luo, CTO, and Dr. Liu Wang, CFO of the company. They will provide a prepared remark followed by the QA session. Before we begin, please refer to the safe harbor statement in our earnings release, which applies to this call as we will be making forward-looking statements. Please also note that we will discuss non-GAAP measures today, which are more thoroughly explained and reconciled to the most comparable measures reported under the GAAP in our earnings release, available on our Investor Relations website and following with the SEC and the Hong Kong Stock Exchange. I will now hand over to our Chairman and CEO, Dr. James Peng. Please go ahead. Thank you, George. ...