Exhibit 99.1

PONY AI Inc. Reports First Quarter 2026 Financial Results with Continued Growth in Robotaxi Revenues and Expanding Fleet Deployment

New York, May 26, 2026 (GLOBE NEWSWIRE) — Pony AI Inc. (“Pony.ai” or the “Company”) (NASDAQ: PONY; HKEX: 2026), a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced its unaudited financial results for the quarter ended March 31, 2026.

Dr. James Peng, Chairman and Chief Executive Officer of Pony.ai, commented, “We made continued progress across the domestic and overseas markets in the first quarter of 2026. Our Robotaxi fare-charging revenues saw an over five-fold increase year-over-year. Today, we have continued to scale our commercial operation, supported by scaled fleet, technological and operational capabilities, and user experience. Building on this foundation, we are pleased to raise the 2026 targets we set earlier this year, and now expect to end the year with a Robotaxi fleet exceeding 3,500 vehicles deployed in over 20 cities worldwide, and Robotaxi revenues to reach over 3.5 times the amount recorded in 2025 1. Supported by our dual-engine strategy and joint deployment model, we will continue to provide safe and reliable Robotaxi services at scale, promoting the sustainable development of the autonomous driving industry and the broader society.”

Dr. Tiancheng Lou, Chief Technology Officer of Pony.ai, commented, “Safety is the foundation of everything we build at Pony.ai, and it is embedded across our autonomous driving stack, vehicle design and daily operations. At the algorithm level, reinforcement learning and world models allow us to operate in a vast range of complex, safety-critical scenarios — from dense urban roads and rush hour traffic to rare but challenging corner cases — delivering safety performance meaningfully above human drivers. At the vehicle level, we have achieved fail-operational capabilities through system-wide software and hardware redundancy. Even in the event of software or hardware component failure, the vehicle can continue to navigate safely and pull over safely at a suitable roadside location if necessary. Beyond the technology, safety is also embedded into our governance and day-to-day operations. A dedicated safety governance team ensures controls across the lifecycle, while enhanced operational safeguards and ground support capabilities enable us to manage unexpected situations with speed, discipline and accountability. As our fully-driverless Robotaxi fleet continues to scale, the multi-layered safety framework will remain critical to our technology leadership and long-term commercialization.”

Dr. Leo Wang, Chief Financial Officer of Pony.ai, commented, “In the first quarter, we continued to make progress on commercialization, delivering quarterly revenues of US$34.3 million, up 145.0% year-over-year. Robotaxi revenues increased 395.4% year-over-year, with fare-charging revenues growing 456.5%, reflecting the continuous scaling of our fleet operations. We also continued to make disciplined investments in the seventh generation (“Gen-7”) Robotaxi deployment, technology optimization and future bill-of-materials (“BOM”) cost reduction to support further scaling up. We believe our balance sheet and improving operating leverage position us well to pursue our 2026 objectives.”

Accelerating Robotaxi Commercialization Through Scaled Fleet Deployment, Technology and Operational Capabilities, and User Experience

Strengthening Scalable Level 4 Autonomous Driving Through World Model, Fail-Operational Redundancy and Smart Fleet Management

Solid Progress in Robotruck Business and Expansion into Adjacent Autonomous Driving Opportunities

1   The outlook is based on the information currently available to the Company and its current assessment of its business plan and operating environment, and is subject to change in light of future developments and actual business performance. Actual results may differ materially from such expectation. Please also refer to the Safe Harbor Statement contained in this press release. 

2   Average weekly paid orders for May 2026 represent the average number of paid orders per week calculated for the four-week period from April 27, 2026 through May 24, 2026. Average weekly paid orders for January 2026 represent the average number of paid orders per week calculated for the five-week period from December 29, 2025 through February 1, 2026. 

3   As of May 24, 2026. 

4   As of May 24, 2026, 1,776 Robotaxi vehicles had been produced.

Unaudited First Quarter 2026 Financial Results

5   Starting from the first quarter of 2026, “Licensing and applications” has been renamed to “Intelligent solutions” to better reflect the broader scope of solutions offered under the business line. The change represents a naming update only and does not affect the basis of the presentation of the Company's financial results.

Total revenues were US$34.3 million (RMB236.3 million) in the first quarter of 2026, up 145.0% from US$14.0 million in the first quarter of 2025. The increase was mainly driven by growth in Robotaxi services and Intelligent solutions revenues. For financial reporting purposes, our revenues are classified into service revenues and product revenues based on the nature of the underlying revenue streams. Service revenues were US$16.7 million (RMB115.4 million) in the first quarter of 2026, representing an increase of 61.4% from US$10.4 million in the first quarter of 2025, primarily attributable to Robotaxi services revenues and Robotruck transportation services revenues. Product revenues were US$17.5 million (RMB120.9 million) in the first quarter of 2026, representing an increase of 384.4% from US$3.6 million in the first quarter of 2025, primarily attributable to an increase in ADC shipment volumes.

Cost of Revenues

Gross Profit and Gross Margin

Operating Expenses

Operating expenses were US$63.9 million (RMB440.8 million) in the first quarter of 2026, representing an increase of 9.5% from US$58.4 million in the first quarter of 2025. Non-GAAP 6 operating expenses were US$59.3 million (RMB409.2 million) in the first quarter of 2026, representing an increase of 20.2% from US$49.3 million in the first quarter of 2025. The increase was primarily driven by ongoing business expansion and our efforts to enhance R&D capabilities. We are making ongoing investment to accelerate our commercialization.

Loss from Operations

Net Loss

Basic and Diluted Net Loss per Ordinary Share

Balance Sheet

6   Non-GAAP financial measures exclude share-based compensation expenses and changes in fair value of trading securities. Such adjustment has no impact on income tax. For further details, see the “Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this earnings release.

Conference Call

Pony.ai will hold a conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 26, 2026 (8:00 PM Beijing/Hong Kong Time on the same day) to discuss financial results and answer questions from investors and analysts.

For participants who wish to join the call by phone, please complete the online registration process using the link provided below prior to the scheduled call start time. Upon registration, participants will receive a confirmation email containing dial-in numbers, passcode, and a unique access PIN.

Participant Online Registration: https://dpregister.com/sreg/10208868/103f733bea8

A replay of the conference call will be accessible through June 2, 2026, by dialing the following numbers:

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.pony.ai.

Exchange Rate

This press release contains translations of certain RMB amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.8980 to US$1.00, the noon buying rate in effect on March 31, 2026, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.

Non-GAAP Financial Measures

The Company uses non-GAAP financial measures, such as non-GAAP research and development expenses, non-GAAP selling, general and administrative expenses, non-GAAP operating expenses, non-GAAP loss from operations, non-GAAP net loss, non-GAAP net loss attributable to Pony AI Inc., non-GAAP basic and diluted net loss per ordinary share, and non-GAAP free cash flows, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses and changes in fair value of trading securities, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company’s past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for financial information prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.

The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.

For more information on the non-GAAP financial measures, please see the table captioned “Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this earnings release.

About Pony AI Inc.

Pony AI Inc. (NASDAQ: PONY; HKEX: 2026), founded in 2016, is a global leader in achieving large-scale mass production and commercialization of autonomous driving technology. Pony.ai is committed to delivering safe, advanced, and reliable autonomous driving technology and solutions. At the heart of Pony.ai’s strategy is its proprietary world model PonyWorld and its Virtual Driver technology. Together, they power the development and scaling of its Robotaxi services, Robotruck services, and intelligent solutions businesses. With operations spanning China, Europe, East Asia, the Middle East, and beyond, Pony.ai stands among a select few companies globally to achieve fully driverless commercial operations. Pony.ai has forged deep and extensive partnerships across the autonomous driving value chain, enabling it to accelerate the commercialization of autonomous driving in line with its ultimate vision: “Autonomous Mobility Everywhere.” For more information, please visit: https://ir.pony.ai.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Pony.ai’s beliefs, plans, and expectations, such as the expected Robotaxi annual revenues, year-end fleet size and expected city deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor inquiries, please contact:

Pony.ai 

Investor Relations 

Email: ir@pony.ai

Pony AI Inc.

Unaudited Condensed Consolidated Balance Sheets

(All amounts in USD thousands)

Pony AI Inc.

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss

(All amounts in USD thousands, except for share and per share data)

Pony AI Inc.

Unaudited Condensed Consolidated Statements of Cash Flows

(All amounts in USD thousands)

Pony AI Inc.

Reconciliation of U.S. GAAP and Non-GAAP Results

(All amounts in USD thousands, except for share and per share data)

7   Such adjustments have no impact on income tax for the three-month periods ended March 31, 2025 and 2026, as no deferred tax has been recognized in respect of the temporary differences arising from these Non-GAAP adjustments.

8   Free Cash Flows are a non-GAAP measure, commonly defined as cash flows from operating activities as presented in the statement of cash flows, less capital expenditures. However, in the context of the Company, operating cash flows are a cash out (i.e., a cash outflow). Free Cash Flows represent the total of operating cash outflows plus capital expenditures. This metric reflects the Company's important cash outflows, as it combines the funds required to maintain operations and invest in growth.

Exhibit 99.2

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Pony AI Inc.

小馬智行*

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock code: 2026)

INSIDE INFORMATION

UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER ENDED MARCH 31, 2026

The Company is pleased to announce the unaudited condensed consolidated results of the Group for the three months ended March 31, 2026 (the “Q1 Results”) published in accordance with applicable rules of the U.S. Securities and Exchange Commission (the “SEC”).

The Q1 Results have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), which are different from the International Financial Reporting Standards.

Attached hereto as Schedule I is the full text of the press release issued by the Company on May 26, 2026 (U.S. Eastern Time) in relation to the Q1 Results, some of which may constitute material inside information of the Company.

* For identification purposes only

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. The forward-looking statements included in this announcement are only made as of the date hereof, and the Company disclaims any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.

The Company’s shareholders and potential investors are advised not to place undue reliance on the Q1 Results and to exercise caution in dealing in securities in the Company.

Hong Kong, May 26, 2026

As of the date of this announcement, the Board comprises: (i) Dr. Jun Peng and Dr. Tiancheng Lou as executive directors; (ii) Mr. Fei Zhang and Mr. Takeo Hamada as non-executive directors; and (iii) Mr. Jackson Peter Tai, Dr. Mark Qiu and Ms. Asmau Ahmed as independent non-executive directors.

Schedule I

PONY AI Inc. Reports First Quarter 2026 Financial Results with Continued Growth in Robotaxi Revenues and Expanding Fleet Deployment

NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) — Pony AI Inc. (“Pony.ai” or the “Company”) (NASDAQ: PONY; HKEX: 2026), a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced its unaudited financial results for the quarter ended March 31, 2026.

Dr. James Peng, Chairman and Chief Executive Officer of Pony.ai, commented, “We made continued progress across the domestic and overseas markets in the first quarter of 2026. Our Robotaxi fare-charging revenues saw an over five-fold increase year-over-year. Today, we have continued to scale our commercial operation, supported by scaled fleet, technological and operational capabilities, and user experience. Building on this foundation, we are pleased to raise the 2026 targets we set earlier this year, and now expect to end the year with a Robotaxi fleet exceeding 3,500 vehicles deployed in over 20 cities worldwide, and Robotaxi revenues to reach over 3.5 times the amount recorded in 20251. Supported by our dual-engine strategy and joint deployment model, we will continue to provide safe and reliable Robotaxi services at scale, promoting the sustainable development of the autonomous driving industry and the broader society.”

Dr. Tiancheng Lou, Chief Technology Officer of Pony.ai, commented, “Safety is the foundation of everything we build at Pony.ai, and it is embedded across our autonomous driving stack, vehicle design and daily operations. At the algorithm level, reinforcement learning and world models allow us to operate in a vast range of complex, safety-critical scenarios — from dense urban roads and rush hour traffic to rare but challenging corner cases — delivering safety performance meaningfully above human drivers. At the vehicle level, we have achieved fail-operational capabilities through system-wide software and hardware redundancy. Even in the event of software or hardware component failure, the vehicle can continue to navigate safely and pull over safely at a suitable roadside location if necessary. Beyond the technology, safety is also embedded into our governance and day-to-day operations. A dedicated safety governance team ensures controls across the lifecycle, while enhanced operational safeguards and ground support capabilities enable us to manage unexpected situations with speed, discipline and accountability. As our fully-driverless Robotaxi fleet continues to scale, the multi-layered safety framework will remain critical to our technology leadership and long-term commercialization.”

Dr. Leo Wang, Chief Financial Officer of Pony.ai, commented, “In the first quarter, we continued to make progress on commercialization, delivering quarterly revenues of US$34.3 million, up 145.0% year-over-year. Robotaxi revenues increased 395.4% year-over-year, with fare-charging revenues growing 456.5%, reflecting the continuous scaling of our fleet operations. We also continued to make disciplined investments in the seventh generation (“Gen-7”) Robotaxi deployment, technology optimization and future bill-of-materials (“BOM”) cost reduction to support further scaling up. We believe our balance sheet and improving operating leverage position us well to pursue our 2026 objectives.”

Accelerating Robotaxi Commercialization Through Scaled Fleet Deployment, Technology and Operational Capabilities, and User Experience

Strengthening Scalable Level 4 Autonomous Driving Through World Model, Fail-Operational Redundancy and Smart Fleet Management

Solid Progress in Robotruck Business and Expansion into Adjacent Autonomous Driving Opportunities

Unaudited First Quarter 2026 Financial Results

Total revenues were US$34.3 million (RMB236.3 million) in the first quarter of 2026, up 145.0% from US$14.0 million in the first quarter of 2025. The increase was mainly driven by growth in Robotaxi services and Intelligent solutions revenues. For financial reporting purposes, our revenues are classified into service revenues and product revenues based on the nature of the underlying revenue streams. Service revenues were US$16.7 million (RMB115.4 million) in the first quarter of 2026, representing an increase of 61.4% from US$10.4 million in the first quarter of 2025, primarily attributable to Robotaxi services revenues and Robotruck transportation services revenues. Product revenues were US$17.5 million (RMB120.9 million) in the first quarter of 2026, representing an increase of 384.4% from US$3.6 million in the first quarter of 2025, primarily attributable to an increase in ADC shipment volumes.

Cost of Revenues

Gross Profit and Gross Margin

Operating Expenses

Operating expenses were US$63.9 million (RMB440.8 million) in the first quarter of 2026, representing an increase of 9.5% from US$58.4 million in the first quarter of 2025. Non-GAAP6 operating expenses were US$59.3 million (RMB409.2 million) in the first quarter of 2026, representing an increase of 20.2% from US$49.3 million in the first quarter of 2025. The increase was primarily driven by ongoing business expansion and our efforts to enhance R&D capabilities. We are making ongoing investment to accelerate our commercialization.

Loss from Operations

Net Loss

Basic and Diluted Net Loss per Ordinary Share

Balance Sheet

Cash and cash equivalents, short-term investments, restricted cash and long-term debt instruments for wealth management were US$1,435.5 million (RMB9,902.2 million) as of March 31, 2026, compared to the balance of US$1,514.8 million as of December 31, 2025. The decrease reflects planned use of cash for operating and R&D activities. Capital expenditures were US$12.5 million (RMB85.9 million) in the first quarter of 2026, compared to US$4.9 million in the first quarter of 2025, primarily attributable to investments in Gen-7 mass production and deployment, coupled with early stock-building efforts for ADKs designed to facilitate upcoming mass production, as well as expenditures for data centers and servers.

Conference Call

Pony.ai will hold a conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 26, 2026 (8:00 PM Beijing/Hong Kong Time on the same day) to discuss financial results and answer questions from investors and analysts.

For participants who wish to join the call by phone, please complete the online registration process using the link provided below prior to the scheduled call start time. Upon registration, participants will receive a confirmation email containing dial-in numbers, passcode, and a unique access PIN.

Participant Online Registration: https://dpregister.com/sreg/10208868/103f733bea8.

A replay of the conference call will be accessible through June 2, 2026, by dialing the following numbers:

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.pony.ai.

Exchange Rate

This press release contains translations of certain RMB amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.8980 to US$1.00, the noon buying rate in effect on March 31, 2026, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.

Non-GAAP Financial Measures

The Company uses non-GAAP financial measures, such as non-GAAP research and development expenses, non-GAAP selling, general and administrative expenses, non-GAAP operating expenses, non-GAAP loss from operations, non-GAAP net loss, non-GAAP net loss attributable to Pony AI Inc., non-GAAP basic and diluted net loss per ordinary share, and non-GAAP free cash flows, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses and changes in fair value of trading securities, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company’s past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for financial information prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.

The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.

For more information on the non-GAAP financial measures, please see the table captioned “Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this earnings release.

About Pony AI Inc.

Pony AI Inc. (NASDAQ: PONY; HKEX: 2026), founded in 2016, is a global leader in achieving large-scale mass production and commercialization of autonomous driving technology. Pony.ai is committed to delivering safe, advanced, and reliable autonomous driving technology and solutions. At the heart of Pony.ai’s strategy is its proprietary world model PonyWorld and its Virtual Driver technology. Together, they power the development and scaling of its Robotaxi services, Robotruck services, and Intelligent solutions businesses. With operations spanning China, Europe, East Asia, the Middle East, and beyond, Pony.ai stands among a select few companies globally to achieve fully driverless commercial operations. Pony.ai has forged deep and extensive partnerships across the autonomous driving value chain, enabling it to accelerate the commercialization of autonomous driving in line with its ultimate vision: “Autonomous Mobility Everywhere.” For more information, please visit: https://ir.pony.ai.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Pony.ai’s beliefs, plans, and expectations, such as the expected Robotaxi annual revenues, year-end fleet size and expected city deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor inquiries, please contact:

Pony.ai

Investor Relations

Email: ir@pony.ai

Pony AI Inc.

Unaudited Condensed Consolidated Balance Sheets

(All amounts in USD thousands)

Pony AI Inc.

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss

(All amounts in USD thousands, except for share and per share data)

Pony AI Inc.

Unaudited Condensed Consolidated Statements of Cash Flows

(All amounts in USD thousands)

Pony AI Inc.

Reconciliation of U.S. GAAP and Non-GAAP Results

(All amounts in USD thousands, except for share and per share data)

Pony AI Inc.

Reconciliation of U.S. GAAP and Non-GAAP Results (Continued)

(All amounts in USD thousands, except for share and per share data)