Pony AI Valuation Multiples

Pony AI Overview

About Pony AI

Pony AI Inc is an artificial intelligence technology company that is principally engaged in the operation and development of autonomous vehicles. It operates fully driverless robotaxis through the PonyPilot mobile app in Beijing, Shanghai, Guangzhou, and Shenzhen. The company operates a fleet of robotaxis. The Group conducts its operations mainly in the People’s Republic of China (PRC) and the United States of America (U.S.) through subsidiaries. Key revenue is generated from the People’s Republic of China.

Founded

2016

HQ

Employees

1.5K

Website

pony.ai

Sectors

Electric VehiclesAutonomous TechSensors & MonitoringClimateTechDeepTech

Financials (LTM)

Revenue: $103M

EBITDA: ($232M)

EV

$4B

Valuation Multiples

Multiples.vc

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Pony AI Financials

Pony AI reported last 12-month revenue of $103M and negative EBITDA of ($232M).

In the same LTM period, Pony AI generated $16M in gross profit, ($232M) in EBITDA losses, and had net loss of ($175M).

Pony AI P&L

In the most recent fiscal year, Pony AI reported revenue of $75M and EBITDA of ($277M).

Pony AI expects next 12-month revenue of XXX and NTM EBITDA of XXX

Pony AI Stock Performance

Pony AI has current market cap of $5B, and enterprise value of $4B.

Pony AI's stock price is $11.01.

Pony AI Valuation Multiples

Pony AI trades at 35.2x EV/Revenue multiple, and (15.6x) EV/EBITDA.

Pony AI Financial Valuation Multiples

As of April 19, 2026, Pony AI has market cap of $5B and EV of $4B.

Equity research analysts estimate Pony AI's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Pony AI has a P/E ratio of (27.3x).

Pony AI Margins & Growth Rates

Pony AI's revenue in the last 12 month grew by 75%.

Pony AI's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.2M for the same period.

Pony AI's rule of 40 is (148%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Pony AI's rule of X is (76%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Pony AI Public Comps

See public comps and valuation multiples for other Electric Vehicles and Autonomous Tech comps.

Pony AI M&A Activity

Pony AI acquired XXX companies to date.

Last acquisition by Pony AI was on XXXXXXXX, XXXXX. Pony AI acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Pony AI Investment Activity

Pony AI invested in XXX companies to date.

Pony AI made its latest investment on XXXXXXXX, XXXXX. Pony AI invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).