美股詳情

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小馬智行

6.64

+0.00500.08%

盤後：6.670.0350+0.53%19:46 EDT

成交量：313.44萬

成交額：2,093.75萬

市值：28.80億

市盈率：-18.68

高：6.82

開：6.70

低：6.59

收：6.63

52周最高：24.92

52周最低：6.37

股本：4.34億

流通股本：3.04億

量比：1.02

換手率：1.03%

股息：- -

股息率：- -

每股收益(TTM):-0.3552

每股收益(LYR):-0.3526

淨資產收益率：-6.77%

總資產收益率：-12.26%

市淨率：1.83

市盈率(LYR):-18.82

資料載入中...

總覽公司新聞公告

小馬智行CEO談安全審查：聚焦Robotaxi企業與地方當局如何保障自動駕駛安全運營

小馬智行(02026)首季股東應占虧損擴大17.26% 營收按年激增145.01%

小馬智行：第一季度收入3430萬美元，按年增長145%

小馬智行公布2026年第一季度財報：自動駕駛出租車收入持續增長，車隊規模加速擴張

異動解讀 | 小馬智行盤前大漲5.27%，一季度Robotaxi收入暴增近四倍並上調全年目標

小馬智行單季Robotaxi收入按年漲395.4%，上調全年收入與車隊規模目標

老虎资讯综合

小馬智行(02026)單季Robotaxi收入創新高，按年大漲395.4%，上調全年收入與車隊規模目標

小馬智行預計其Robotaxi車隊規模將從當前超1700輛增至2026年底的3500輛

無人車開進深圳文博會：逛完展，一鍵叫Robotaxi回家

中国经营报

港股異動 | 小馬智行-W(02026)午後漲近6% 公司預計第七代Robotaxi成本將降至23萬元以下

財報前瞻｜小馬智行本季度營收預計降至2,211.73萬美元，機構觀點偏正面

小馬智行港股跌3.7%創新低募67億港元基石浮虧54%

中國Robotaxi，先別急着談盈利

Robotaxi收入大增但佔比有限，小馬智行減虧超7成靠公允價值變動，Non-GAAP虧損反增31%

深圳商报·读创

淨虧損按年擴大31.5%，小馬智行的Robotaxi生意仍不好做

早報｜微信灰測組合支付功能/蘋果或重新設計macOS27「液態玻璃」/哈囉回應員工腳踩青桔美團

廣州Robotaxi「五一」假期訂單爆了！小馬智行南沙「護航」演唱會歌迷

广州日报新花城

小馬智行的減虧「假象」：公允價值變動粉飾業績，「燒錢」擴張下盈利難題待解

小馬智行-W(02026.HK)擬5月26日舉行董事會會議批准季度業績

小馬智行-W(02026)逆市上揚2.46% 機構看好Robotaxi商業化落地加速推進

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17:09","pubTimestamp":1779786557,"startTime":"0","endTime":"0","summary":"小马智行在港交所公告，2026年第一季度收入达3430万美元，同比增长145%；第一季度自动驾驶出行服务收入同比增长395.4%，其中乘客车费收入同比增长456.5%。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202605263749764841.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202605263749764841.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK1109","PONY","02026","SG9999001093.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1104290390","title":"小馬智行公布2026年第一季度財報：自動駕駛出租車收入持續增長，車隊規模加速擴張","url":"https://stock-news.laohu8.com/highlight/detail?id=1104290390","media":"美股速递","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1104290390?lang=zh_tw&edition=fundamental","pubTime":"2026-05-26 17:08","pubTimestamp":1779786523,"startTime":"0","endTime":"0","summary":"小马智行（Pony AI Inc.）近日发布了2026年第一季度的财务报告，业绩显示其核心的自动驾驶出租车业务收入保持稳健增长，同时公司车队部署步伐正在加快。\n财报数据反映出，小马智行在商业化落地方面取得了显著进展。其自动驾驶出租车服务收入持续攀升，成为驱动公司营收增长的关键引擎。与此同时，公司正积极扩大其自动驾驶车队的规模与运营范围，旨在为更多城市的用户提供服务，并进一步巩固其在自动驾驶出行领域的市场地位。\n这一系列进展表明，小马智行正稳步推进其技术商业化与规模化运营的战略目标。","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PONX","BK4023","PONY","02026"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1188506897","title":"異動解讀 | 小馬智行盤前大漲5.27%，一季度Robotaxi收入暴增近四倍並上調全年目標","url":"https://stock-news.laohu8.com/highlight/detail?id=1188506897","media":"异动解读","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1188506897?lang=zh_tw&edition=fundamental","pubTime":"2026-05-26 17:05","pubTimestamp":1779786300,"startTime":"0","endTime":"0","summary":"小马智行今日盘前股价大幅上涨5.27%，市场表现强劲。消息面上，公司发布了2026年第一季度财报，业绩表现极为亮眼。报告显示，公司一季度总营收达2.36亿元，同比增长145%；毛利润为3836万元，同比增长140.1%。其中，Robotaxi业务创下单季收入新高，达到5912万元，同比大幅增长395.4%，环比增长28.7%。基于一季度的强劲表现，公司上调了2026年Robotaxi业务目标，预计全年收入将达到2025年水平的3.5倍以上。","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_cn","symbols":["PONY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1148510266","title":"小馬智行單季Robotaxi收入按年漲395.4%，上調全年收入與車隊規模目標","url":"https://stock-news.laohu8.com/highlight/detail?id=1148510266","media":"老虎资讯综合","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1148510266?lang=zh_tw&edition=fundamental","pubTime":"2026-05-26 17:04","pubTimestamp":1779786278,"startTime":"0","endTime":"0","summary":"5月26日，$小马智行(PONY)$美股盘前涨近6%！该公司发布2026年第一季度财报，一季度总营收2.36亿元，同比增长145%；毛利润3836万元，同比增长140.1%。Robotaxi业务创下单季收入新高达5912万元，同比增长395.4%，环比增长28.7%；乘客车费收入同比增长456.5%。截至2026年5月，Robotaxi车队规模达1700辆以上。基于一季度的强劲表现，公司上调2026年Robotaxi业务目标：预计全年Robotaxi收入达到2025年水平的3.5倍以上，车队规模超3500辆，覆盖国内外20余个城市。","market":"us","thumbnail":"https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b","type":0,"news_type":0,"thumbnails":["https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"小马智行单季Robotaxi收入同比涨395.4%，上调全年收入与车队规模目标","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PONX","BK1109","SG9999001093.SGD","02026","BK4023","PONY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2638759763","title":"小馬智行(02026)單季Robotaxi收入創新高，按年大漲395.4%，上調全年收入與車隊規模目標","url":"https://stock-news.laohu8.com/highlight/detail?id=2638759763","media":"智通财经","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2638759763?lang=zh_tw&edition=fundamental","pubTime":"2026-05-26 16:59","pubTimestamp":1779785953,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，5月26日，小马智行(PONY.US)(02026)发布2026年第一季度财报，一季度总营收2.36亿元，同比增长145%;毛利润3836万元，同比增长140.1%。Robotaxi业务创下单季收入新高达5912万元，同比增长395.4%，环比增长28.7%;乘客车费收入同比增长456.5%。截至2026年5月，Robotaxi车队规模达1700辆以上。基于一季度的强劲表现，公司上调2026年Robotaxi业务目标：预计全年Robotaxi收入达到2025年水平的3.5倍以上，车队规模超3500辆，覆盖国内外20余个城市。","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1446000.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":"小马智行(02026)单季Robotaxi收入创新高，同比大涨395.4%，上调全年收入与车队规模目标","news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["PONY","PONX","BK4023","02026"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1196764620","title":"小馬智行預計其Robotaxi車隊規模將從當前超1700輛增至2026年底的3500輛","url":"https://stock-news.laohu8.com/highlight/detail?id=1196764620","media":"美股速递","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196764620?lang=zh_tw&edition=fundamental","pubTime":"2026-05-26 16:55","pubTimestamp":1779785739,"startTime":"0","endTime":"0","summary":"小马智行（Pony AI）近日公布了其自动驾驶出租车（Robotaxi）业务的扩张蓝图。该公司预计，其运营中的Robotaxi车队总数将从目前的超过1700辆，显著增长至2026年底的约3500辆。这一规划预示着在未来两年多的时间里，其车队规模将实现翻倍以上的扩张，反映了公司在自动驾驶出行服务领域加速商业化的决心与步伐。","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4023","PONY","PONX","02026"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2638340395","title":"無人車開進深圳文博會：逛完展，一鍵叫Robotaxi回家","url":"https://stock-news.laohu8.com/highlight/detail?id=2638340395","media":"中国经营报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2638340395?lang=zh_tw&edition=fundamental","pubTime":"2026-05-25 18:15","pubTimestamp":1779704152,"startTime":"0","endTime":"0","summary":"5月21日，小马智行第七代广汽埃安霸王龙Robotaxi亮相深圳文博会广东产业展团。文博会期间，参展嘉宾、媒体记者及观众可在会场外通过“小马智行”手机小程序或App呼叫Robotaxi，体验自动驾驶出行服务。据介绍，该款Robotaxi为小马智行与广汽埃安合作推出的第七代自动驾驶车型，基于车规级SoC芯片实现L4级全场景自动驾驶。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202605253748300152.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202605253748300152.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["PONY","02026","BK4023","PONX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2636815119","title":"港股異動 | 小馬智行-W(02026)午後漲近6% 公司預計第七代Robotaxi成本將降至23萬元以下","url":"https://stock-news.laohu8.com/highlight/detail?id=2636815119","media":"智通财经","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2636815119?lang=zh_tw&edition=fundamental","pubTime":"2026-05-20 14:32","pubTimestamp":1779258763,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，小马智行-W午后涨近6%，截至发稿，涨4.99%，报67.35港元，成交额3735.55万港元。消息面上，小马智行此前在2026北京车展上宣布，预计随着车队规模提升，到2027年国内市场Robotaxi总车辆成本将降至23万元人民币以下，还将基于该车型推出海外版本，推进海外市场千台以上部署。公司表示，L4 Robotaxi的成本已低于特斯拉Model3最低配。华泰证券发布研报称，此前公司已披露第七代Robotaxi在深圳、广州单车日均净收入达338/299元、日均23单。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1443865.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["BK4588","02026","PONY","BK4585","PONX","BK4023","BK1109","SG9999001093.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1193106037","title":"財報前瞻｜小馬智行本季度營收預計降至2,211.73萬美元，機構觀點偏正面","url":"https://stock-news.laohu8.com/highlight/detail?id=1193106037","media":"财报Agent","labels":["earningPreview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1193106037?lang=zh_tw&edition=fundamental","pubTime":"2026-05-19 08:24","pubTimestamp":1779150283,"startTime":"0","endTime":"0","summary":"小马智行将于2026年05月26日盘前披露截至2026年03月31日止三个月业绩，市场关注收入韧性与亏损收窄路径。市场一致预期显示，本季度小马智行总收入预计为2,211.73万美元、调整后每股收益预计为-0.12美元、息税前利润预计为-5,832.57万美元；相关同比增速未披露，暂无法提供同比口径的预测说明。上季度小马智行实现营收2,912.50万美元，毛利率12.75%，归属于母公司股东的净利润2,343.20万美元，净利率80.45%，调整后每股收益-0.12美元；上述口径的同比数据未披露。","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"财报前瞻｜小马智行本季度营收预计降至2,211.73万美元，机构观点偏正面","news_tag":"earningPreview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PONY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2636029541","title":"小馬智行港股跌3.7%創新低 募67億港元基石浮虧54%","url":"https://stock-news.laohu8.com/highlight/detail?id=2636029541","media":"中金财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2636029541?lang=zh_tw&edition=fundamental","pubTime":"2026-05-18 17:16","pubTimestamp":1779095766,"startTime":"0","endTime":"0","summary":"中国经济网北京5月18日讯 小马智行 港股今日收报64.400港元，跌幅3.737%，今日盘中最低价62.900港元，创上市以来最低价。目前该股处于破发状态，上市以来累计跌幅53.67%。　　小马智行2025年11月6日在港交所上市，开盘即破发，下跌10.79%报124.00港元。　　公司港股最终发售价为139.00港元，所得款项总额为67.07亿港元，所得款项净额64.54亿港元。","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://sc.stock.cnfol.com/gushijujiao/20260518/32233105.shtml","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"zhongjincaijing_highlight","symbols":["SG9999001093.SGD","02026","BK4588","BK1109","PONY","BK4585","PONX","BK4023"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635405149","title":"中國Robotaxi，先別急着談盈利","url":"https://stock-news.laohu8.com/highlight/detail?id=2635405149","media":"钛媒体","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635405149?lang=zh_tw&edition=fundamental","pubTime":"2026-05-16 09:28","pubTimestamp":1778894880,"startTime":"0","endTime":"0","summary":"全球Robotaxi车队规模维持在约1300辆，国内单车日均订单超过17单，高峰期冲到28单。小鹏汽车在今年3月正式成立了Robotaxi业务部，计划下半年就开启载客示范运营。千里科技计划2027年前推出专用Robotaxi车辆和综合解决方案。Robotaxi大规模投放后，并没有创造出显著的增量需求。到2027年，仅中东地区就要部署至少1200辆Robotaxi。放眼全球，小马智行计划在2026年内于20余座城市部署超过3000辆Robotaxi，海外城市占比接近一半。中国Robotaxi产业的估值，正在经历结构性转换。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://tech.ifeng.com/c/8tAUYxRxa51","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"fenghuang_stock","symbols":["09888","KBDU","BK1258","BK4526","BK4585","BK4552","BIDU","BK4124","LU1115378108.SGD","BK1104","BK4023","BK1109","IE00B0JY6N72.USD","BK4531","BK4587","BK4574","LU0359202008.SGD","BK4535","LU1023057109.AUD","SG9999001093.SGD","BK4548","00800","BK1531","BK4543","BK4077","WRD","BIDG","LU0287142896.SGD","BK4614","BK4612","BK4504","BK4514","BK4602","PONY","BK1229","BK1144","BK4588","BK4579","LU0359201612.USD","LU0640798160.USD","PONX","LU0173614495.USD","BK4609","02026"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2634092274","title":"Robotaxi收入大增但佔比有限，小馬智行減虧超7成靠公允價值變動，Non-GAAP虧損反增31%","url":"https://stock-news.laohu8.com/highlight/detail?id=2634092274","media":"深圳商报·读创","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2634092274?lang=zh_tw&edition=fundamental","pubTime":"2026-05-11 16:28","pubTimestamp":1778488117,"startTime":"0","endTime":"0","summary":"5月8日，在公司2026年第一季度业绩说明会上，中国外运表示，为推动物流行业自动驾驶应用，中国外运与小马智行合资成立青骓物流科技有限公司，主要探索自动驾驶卡车规模化商业落地的全新模式。4月下旬，小马智行公布其港股上市后首份经审计年报。年报显示，作为公司第一大收入（占比近半）来源，小马智行Robotruck（自动驾驶卡车）收入增长显著放缓，中国外运此举，对小马智行无疑构成利好。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202605113733112344.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202605113733112344.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK1109","SG9999001093.SGD","02026","PONY","BK4023"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2634209644","title":"淨虧損按年擴大31.5%，小馬智行的Robotaxi生意仍不好做","url":"https://stock-news.laohu8.com/highlight/detail?id=2634209644","media":"快马财媒","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2634209644?lang=zh_tw&edition=fundamental","pubTime":"2026-05-11 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22:17","pubTimestamp":1778336259,"startTime":"0","endTime":"0","summary":"记者从小马智行获悉，2026年“五一”假期期间，时代少年团“加冠礼”演唱会在广州南沙大湾区文化体育中心举行，四场演出累计吸引22万人次歌迷及家长跨城奔赴，其中95%以上为市外游客。面对瞬时爆发的巨大人流，在政府务实高效的组织协调下，南沙的交通体系经受住了巨大考验。小马智行Robotaxi积极参与到交通疏散保障中，与官方接驳大巴、地铁一起，共同组成了立体交通保障体系。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202605093732286235.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202605093732286235.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["SG9999001093.SGD","BK1109","02026","BK4023","PONY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2634497419","title":"小馬智行的減虧「假象」：公允價值變動粉飾業績，「燒錢」擴張下盈利難題待解","url":"https://stock-news.laohu8.com/highlight/detail?id=2634497419","media":"市场资讯","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2634497419?lang=zh_tw&edition=fundamental","pubTime":"2026-05-09 15:03","pubTimestamp":1778310180,"startTime":"0","endTime":"0","summary":"　　近期，小马智行发布了港股上市后的首份年报。虽然2025年亏损净额同比大幅收窄超七成，但主要受益于公允价值变动收益。　　证券之星注意到，三大业务板块中，小马智行第一大收入自动驾驶卡车服务2025年营收增长近乎原地踏步，而自动驾驶出行服务实现爆发式增长，但营收规模较小，尚难扛起盈利大旗。当前，小马智行仍处于“烧钱换规模”的阶段，叠加Robotaxi赛道竞争白热化，进一步挤压了盈利空间。为此，小马智行持续推进车队规模的扩张。","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.sina.com.cn/stock/s/2026-05-09/doc-inhxhuvi3439744.shtml","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"sina","symbols":["BK1109","BK4023","PONY","02026","SG9999001093.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633770183","title":"小馬智行-W(02026.HK)擬5月26日舉行董事會會議批准季度業績","url":"https://stock-news.laohu8.com/highlight/detail?id=2633770183","media":"中金财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633770183?lang=zh_tw&edition=fundamental","pubTime":"2026-05-06 17:27","pubTimestamp":1778059623,"startTime":"0","endTime":"0","summary":"格隆汇5月6日丨小马智行-W(02026.HK)发布公告，谨定于2026年5月26日(星期二)举行董事会会议，以(其中包括)考虑及批准集团截至2026年3月31日止三个月的未经审计财务业绩及其发布。\r\n\r\n　　公司管理层将于美国东部时间2026年5月26日(星期二)上午八时正(即北京╱香港时间同日的下午八时正)举行业绩电话会议。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://sc.stock.cnfol.com/gushizhibo/20260506/32203228.shtml","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"zhongjincaijing_highlight","symbols":["SG9999001093.SGD","BK4023","PONY","BK1109","02026"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633277994","title":"小馬智行-W(02026)逆市上揚2.46% 機構看好Robotaxi商業化落地加速推進","url":"https://stock-news.laohu8.com/highlight/detail?id=2633277994","media":"金吾财讯","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633277994?lang=zh_tw&edition=fundamental","pubTime":"2026-05-05 14:07","pubTimestamp":1777961240,"startTime":"0","endTime":"0","summary":"金吾财讯 | 小马智行-W 盘中你是上扬，截至发稿，报81.20港元，涨幅2.46%，成交额1404.93万港元。消息面上，国信证券研究认为，小马智行是自动驾驶出行大规模商业化领域的全球领先企业。1)Robotaxi规模化运营持续推进，截至2026年3月25日，公司的自动驾驶出租车车队已突破1400台，2026年，公司计划将Robotaxi车队规模扩至3000辆以上；2)2025年11月和2026年2月，公司分别在广州和深圳达成城市范围单车盈利转正。","market":"fut","thumbnail":"https://static.szfiu.com/news/20250110/ZDlhMzNiODA0MWQ5OWM0NDQ5YzUxMTZmZWRlMTczNjQ3MzM4NzkwNQ==.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20250110/ZDlhMzNiODA0MWQ5OWM0NDQ5YzUxMTZmZWRlMTczNjQ3MzM4NzkwNQ==.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1980610","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4023","PONY","02026","BK1109","SG9999001093.SGD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":10,"pageCount":8,"totalSize":200,"code":"91000000","status":"200"}]}}