Filing Flows › Pony Group (PNYG) › Q2 2025
Pony Group (PNYG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Pony Group (PNYG) reported revenue of $45K for the second quarter 2025 (Q2 2025), +84% from a year earlier and +47% from the quarter before. Operating margin was -85.3%, net loss $38K (86.2% of revenue).
Pony Group, Q2 2025: revenue $45K (+84% year over year), operating margin -85.3%, net loss $38K, operating cash flow −$28K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45K | +47% | +84% |
| Operating profit | −$38K | — | — |
| Net earnings | −$38K | — | — |
| Operating cash flow | −$28K | — | — |
What changed
Revenue was $45K in Q2 2025, up 84% year over year and up 47% from the previous quarter.
Gross margin was 37.0%, down 8.1 points from a year earlier. Operating costs exceeded revenue by $38K, an operating margin of -85.3%. Operating expenses grew 40% against revenue growth of 84%. The quarter ended with a net loss of $38K, narrower than the previous quarter's $49K loss.
Operating cash flow was −$28K. Working capital and other items added $10K.
Questions
What was Pony Group's revenue in the second quarter 2025?
Pony Group (PNYG) reported revenue of $45K for the second quarter 2025 (Q2 2025), +84% from a year earlier and +47% from the quarter before.
Was Pony Group profitable in the second quarter 2025?
Operating loss was $38K (-85.3% of revenue) and net loss $38K.
Source: Pony Group 10-Q on SEC EDGAR.