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Pony Group (PNYG) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Pony Group (PNYG) reported revenue of $24K for the first quarter 2026 (Q1 2026), -22% from a year earlier and -36% from the quarter before. Operating margin was -239.5%, net loss $57K (239.9% of revenue).

Revenue$24K
Year over year-22%
Quarter over quarter-36%
Operating margin-239.5%
Net earnings−$57K

Pony Group, Q1 2026: revenue $24K (-22% year over year), operating margin -239.5%, net loss $57K, operating cash flow −$58K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$24K-36%-22%
Operating profit−$57K——
Net earnings−$57K——
Operating cash flow−$58K——

What changed

Revenue was $24K in Q1 2026, down 22% year over year and down 36% from the previous quarter.

Gross margin was 72.8%, up 34.4 points from Q1 2025. Operating costs exceeded revenue by $57K, an operating margin of -239.5%. Operating expenses grew 22% against a revenue fall of 22%. The quarter ended with a net loss of $57K, narrower than the previous quarter's $131K loss.

Operating cash flow was −$58K.

Questions

What was Pony Group's revenue in the first quarter 2026?

Pony Group (PNYG) reported revenue of $24K for the first quarter 2026 (Q1 2026), -22% from a year earlier and -36% from the quarter before.

Was Pony Group profitable in the first quarter 2026?

Operating loss was $57K (-239.5% of revenue) and net loss $57K.

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Source: Pony Group 10-Q on SEC EDGAR.