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Side-by-side financial comparison of Aurora Innovation, Inc. (AUR) and Pony AI Inc. (PONY). Click either name above to swap in a different company.

Pony AI Inc. is the larger business by last-quarter revenue ($2.1M vs $1.0M, roughly 2.1× Aurora Innovation, Inc.). Pony AI Inc. runs the higher net margin — -284.8% vs -20100.0%, a 19815.2% gap on every dollar of revenue.

Aurora Innovation, Inc., doing business as Aurora, is a self-driving vehicle technology company based in Pittsburgh, Pennsylvania. Aurora has developed the Aurora Driver, a computer system that can be integrated into cars for autonomous driving. It was co-founded by Chris Urmson, the former chief technology officer of Google/Alphabet Inc.'s self-driving team, which became known as Waymo, as well as by Sterling Anderson, former head of Tesla Autopilot, and Drew Bagnell, former head of Uber's a...

Pony Canyon Inc. , also known by the shorthand form Ponican , is a Japanese company, established on October 1, 1966, which distributes music, films, home video, and video games. It is affiliated with the Japanese media group Fujisankei Communications Group. Pony Canyon is a major leader in the music industry in Japan, with its artists regularly at the top of the Japanese charts. Pony Canyon is also responsible for releasing taped concerts from its artists as well as many anime productions and...

AUR vs PONY — Head-to-Head

Bigger by revenue
PONY
PONY
2.1× larger
PONY
$2.1M
$1.0M
AUR
Higher net margin
PONY
PONY
19815.2% more per $
PONY
-284.8%
-20100.0%
AUR

Income Statement — Q3 2025 vs Q3 2025

Metric
AUR
AUR
PONY
PONY
Revenue
$1.0M
$2.1M
Net Profit
$-201.0M
$-5.9M
Gross Margin
-500.0%
9.2%
Operating Margin
-22200.0%
-275.3%
Net Margin
-20100.0%
-284.8%
Revenue YoY
Net Profit YoY
3.4%
EPS (diluted)
$-0.11
$-3.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AUR
AUR
PONY
PONY
Q3 25
$1.0M
$2.1M
Q2 25
$1.0M
$1.7M
Q1 25
$1.9M
Q3 24
$0
Q2 24
$0
Q2 23
$0
Q1 23
$0
Q4 22
$2.1M
Net Profit
AUR
AUR
PONY
PONY
Q3 25
$-201.0M
$-5.9M
Q2 25
$-201.0M
$-4.3M
Q1 25
$-5.2M
Q3 24
$-208.0M
Q2 24
$-182.0M
Q2 23
$-218.0M
Q1 23
$-196.0M
Q4 22
$-294.0M
Gross Margin
AUR
AUR
PONY
PONY
Q3 25
-500.0%
9.2%
Q2 25
-400.0%
Q1 25
16.6%
Q3 24
Q2 24
Q2 23
Q1 23
Q4 22
Operating Margin
AUR
AUR
PONY
PONY
Q3 25
-22200.0%
-275.3%
Q2 25
-23000.0%
-303.4%
Q1 25
-400.9%
Q3 24
Q2 24
Q2 23
Q1 23
Q4 22
-14835.9%
Net Margin
AUR
AUR
PONY
PONY
Q3 25
-20100.0%
-284.8%
Q2 25
-20100.0%
-253.7%
Q1 25
-267.4%
Q3 24
Q2 24
Q2 23
Q1 23
Q4 22
-13980.0%
EPS (diluted)
AUR
AUR
PONY
PONY
Q3 25
$-0.11
$-3.51
Q2 25
$-0.11
$-0.92
Q1 25
$-0.12
Q3 24
$-0.13
Q2 24
$-0.12
Q2 23
$-0.18
Q1 23
$-0.17
Q4 22
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AUR
AUR
PONY
PONY
Cash + ST InvestmentsLiquidity on hand
$87.0M
$62.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$114.1M
Total Assets
$2.5B
$126.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AUR
AUR
PONY
PONY
Q3 25
$87.0M
$62.5M
Q2 25
$206.0M
$84.9M
Q1 25
$86.8M
Q3 24
$263.0M
Q2 24
$402.0M
Q2 23
$785.0M
Q1 23
$966.0M
Q4 22
$1.1B
Stockholders' Equity
AUR
AUR
PONY
PONY
Q3 25
$2.3B
$114.1M
Q2 25
$2.0B
$120.6M
Q1 25
$126.4M
Q3 24
$2.0B
Q2 24
$1.7B
Q2 23
$1.4B
Q1 23
$1.6B
Q4 22
$1.8B
Total Assets
AUR
AUR
PONY
PONY
Q3 25
$2.5B
$126.5M
Q2 25
$2.2B
$138.3M
Q1 25
$134.0M
Q3 24
$2.3B
Q2 24
$1.9B
Q2 23
$1.7B
Q1 23
$1.9B
Q4 22
$2.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AUR
AUR
PONY
PONY
Operating Cash FlowLast quarter
$-149.0M
$-2.9M
Free Cash FlowOCF − Capex
$-157.0M
FCF MarginFCF / Revenue
-15700.0%
Capex IntensityCapex / Revenue
800.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-645.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AUR
AUR
PONY
PONY
Q3 25
$-149.0M
$-2.9M
Q2 25
$-144.0M
$-2.5M
Q1 25
$-7.5M
Q3 24
$-143.0M
Q2 24
$-176.0M
Q2 23
$-182.0M
Q1 23
$-136.0M
Q4 22
$-141.0M
Free Cash Flow
AUR
AUR
PONY
PONY
Q3 25
$-157.0M
Q2 25
$-151.0M
Q1 25
Q3 24
$-150.0M
Q2 24
$-187.0M
Q2 23
$-186.0M
Q1 23
$-138.0M
Q4 22
$-144.0M
FCF Margin
AUR
AUR
PONY
PONY
Q3 25
-15700.0%
Q2 25
-15100.0%
Q1 25
Q3 24
Q2 24
Q2 23
Q1 23
Q4 22
-6847.4%
Capex Intensity
AUR
AUR
PONY
PONY
Q3 25
800.0%
Q2 25
700.0%
Q1 25
Q3 24
Q2 24
Q2 23
Q1 23
Q4 22
142.7%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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