Filing Flows › Pony Group (PNYG) › Q3 2025
Pony Group (PNYG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Pony Group (PNYG) reported revenue of $29K for the third quarter 2025 (Q3 2025), +85% from a year earlier and -34% from the quarter before. Operating margin was -92.5%, net loss $27K (93.0% of revenue).
Pony Group, Q3 2025: revenue $29K (+84% year over year), operating margin -92.5%, net loss $27K, operating cash flow −$30K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29K | -34% | +85% |
| Operating profit | −$27K | — | — |
| Net earnings | −$27K | — | — |
| Operating cash flow | −$30K | — | — |
What changed
Revenue was $29K in Q3 2025, up 85% year over year and down 34% from the previous quarter.
Gross margin was 31.4%, down 22.0 points from a year earlier. Operating costs exceeded revenue by $27K, an operating margin of -92.5%. Operating expenses grew 35% against revenue growth of 85%. The quarter ended with a net loss of $27K, narrower than the previous quarter's $38K loss.
Operating cash flow was −$30K. Working capital and other items used $3K.
Questions
What was Pony Group's revenue in the third quarter 2025?
Pony Group (PNYG) reported revenue of $29K for the third quarter 2025 (Q3 2025), +85% from a year earlier and -34% from the quarter before.
Was Pony Group profitable in the third quarter 2025?
Operating loss was $27K (-92.5% of revenue) and net loss $27K.
Source: Pony Group 10-Q on SEC EDGAR.