Pony AI (MEX:PONYN) Research & Development: MXN3,984 Mil (TTM As of Mar. 2026)


MEX:PONYN Pony AI Inc MEX:PONYN
12 GF Score
Price MXN130.00
! 2 Warning Signs
View Full Analysis

What is Pony AI Research & Development?

Pony AI MEX:PONYN 12 Research & Development is MXN3,984 Mil as of Mar. 2026. GuruFocus rates MEX:PONYN with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Pony AI's Research & Development for the three months ended in Mar. 2026 was MXN863 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN3,984 Mil.

Pony AI  (MEX:PONYN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Pony AI Research & Development Related Terms

Pony AI Research & Development Historical Data

* Premium members only.

The historical data trend for Pony AI's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pony AI Research & Development Chart

Pony AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
3,499.63 2,994.61 2,082.86 5,009.10 3,914.78

Pony AI Quarterly Data
Dec21 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 971.48 923.20 1,107.70 1,089.69 863.37
MEX:PONYN
12GF Score
Pony AI Inc MEX:PONYN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pony AI Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN3,984 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN3,984 Mil mean?
Pony AI (MEX:PONYN) has a Research & Development of MXN3,984 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Pony AI and its competitors.
Is Pony AI's Research & Development too high?
Pony AI's current Research & Development is MXN3,984 Mil. Overall, Pony AI has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pony AI's Research & Development compare to EXLS and SAIC?
Pony AI's Research & Development of MXN3,984 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Pony AI and its competitors. Pony AI's current Research & Development is MXN3,984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pony AI stock overvalued right now?
Pony AI (MEX:PONYN) has a current Research & Development of MXN3,984 Mil. The current Research & Development is MXN3,984 Mil. Pony AI's overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Pony AI (MEX:PONYN), the current Research & Development is MXN3,984 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pony AI Business Description

Address 1 Mingzhu 1st Street, 1301 Pearl Development Building, Nansha District, Hengli Town, Guangzhou, CHN, 511458
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 Peoples Republic of China.
12GF Score

Get the complete analysis for MEX:PONYN

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN130.00
Price