Is Pony AI Inc. (PONY) One of the Best Debt Free IT Stocks to Buy on Robust Revenue Growth?

Pony AI Inc. (NASDAQ:PONY) is one of the best debt-free IT stocks to buy now. On May 26, the company delivered solid first-quarter results as it continues to scale its commercial operations, supported by a scaled fleet, technological capabilities, and operational capabilities.

Revenue in the quarter was up 145% year over year to $34.25 million, driven by growth in Robotaxi services and intelligence solutions revenue. Service revenues increased 61.4% to $16.7 million, driven by Robotaxi and Robotruck transportation services. Product revenues were up 384.4% to $17.5 million.

On the other hand, the company posted a wider-than-expected non-GAAP net loss of $41.2 million, compared with $23.8 million in the first quarter of last year. The wider-than-expected net loss was due to non-operating items reflecting a decrease in investment income.

As Pony AI continues to scale its operations, it has raised its 2026 targets and now expects to end the year with a Robotaxi fleet of more than 3,500 vehicles deployed in over 20 cities. It also expects its full-year revenue to exceed 3.5 times last year’s level.

Pony AI Inc. (NASDAQ: PONY) develops full-stack autonomous driving technology and artificial intelligence systems for vehicles. They are a global leader in operating commercial robotaxis and robotrucks, as well as in providing self-driving software/hardware solutions to major automakers and mobility networks.

While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Is Pony AI Inc. (PONY) One of the Best Debt Free IT Stocks to Buy on Robust Revenue Growth?

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