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.