Earnings summaries and quarterly performance for Aurora Innovation.
Executive leadership at Aurora Innovation.
Board of directors at Aurora Innovation.
Research analysts who have asked questions during Aurora Innovation earnings calls.
George Gianarikas
Canaccord Genuity
6 questions for AUR
Also covers: AEVA, AIRJ, AMRC +21 more
Andres Sheppard-Slinger
Cantor Fitzgerald
5 questions for AUR
Also covers: ACHR, EVEX, EVGO +10 more
Mark Delaney
The Goldman Sachs Group, Inc.
5 questions for AUR
Also covers: APH, APTV, BDC +22 more
Christopher Pierce
Needham & Company
4 questions for AUR
Also covers: ACHR, ACVA, BLBD +12 more
Colin Rusch
Oppenheimer & Co. Inc.
4 questions for AUR
Also covers: AEVA, ALB, AMPX +23 more
David Vernon
Sanford C. Bernstein & Co., LLC
4 questions for AUR
Also covers: AAL, CNI, CSX +7 more
Cole Couzens
Wolfe Research
2 questions for AUR
Also covers: DSGX, NKLA
Jeffrey Osborne
TD Cowen
2 questions for AUR
Also covers: ASPN, BLDP, CRNC +14 more
Mike Galli
TD Cowen
2 questions for AUR
Ravi Shanker
Morgan Stanley
2 questions for AUR
Also covers: AAL, ALGT, ALK +27 more
Aman Gupta
Goldman Sachs Group, Inc.
1 question for AUR
Also covers: BDC, CRNC, QS
Chris McNally
Evercore ISI
1 question for AUR
Also covers: ALV, APTV, BWA +4 more
Douglas Dutton
Evercore ISI
1 question for AUR
Also covers: AN, EVGO, LAD +1 more
Itay Michaeli
TD Cowen
1 question for AUR
Also covers: APTV, ASPN, AXL +11 more
Nancy Hess
Morgan Stanley
1 question for AUR
Ravi Shankar
Morgan Stanley
1 question for AUR
Also covers: ALK, CP, DAL +6 more
Scott Group
Wolfe Research
1 question for AUR
Also covers: AAL, ALGT, ALK +35 more
Recent press releases and 8-K filings for AUR.
Aurora Reports Q3 2025 Financials and Operational Milestones
AUR
Earnings
Product Launch
New Projects/Investments
- Aurora Driver surpassed 100,000 driverless miles on public roads and launched driverless operations on a second trucking lane from Fort Worth to El Paso, marking the fastest scaling to a second driverless market in the U.S. self-driving industry.
- For Q3 2025, Aurora reported $1 million in revenue and a loss from operations of $(222) million, with $1,604 million in cash and cash equivalents, short-term investments, and long-term investments as of September 30, 2025.
- The company plans to launch its second-generation commercial hardware kit in Q2 2026, which is expected to drive a 50%+ reduction in hardware costs and enable driverless operations without a partner-requested observer, supporting a target of hundreds of driverless trucks by the end of 2026. A software release for challenging weather conditions is also planned for January 2026.
Oct 28, 2025, 9:00 PM
Aurora Innovation Reports Q3 2025 Results and Operational Milestones
AUR
Earnings
Product Launch
New Projects/Investments
- Aurora Innovation reported Q3 2025 revenue of $1 million and an operating loss of $222 million, including stock-based compensation.
- The company surpassed 100,000 driverless miles on public roads and expanded driverless commercial operations to the 600-mile lane from Fort Worth to El Paso.
- Aurora plans to launch its second-generation commercial hardware kit on a new fleet of International LT Series trucks in Q2 2026, with a target to have hundreds of driverless trucks in operation by the end of 2026.
- The company ended Q3 2025 with $1.6 billion in cash and investments, which is expected to fund operations into the second half of 2027.
Oct 28, 2025, 9:00 PM
Aurora Innovation Reports Q3 2025 Results and Operational Milestones
AUR
Earnings
Product Launch
Guidance Update
- Aurora Innovation reported Q3 2025 revenue of $1 million and operating losses of $222 million, ending the quarter with $1.6 billion in liquidity projected to fund operations into the second half of 2027.
- The company achieved 100,000 driverless miles on public roads and launched driverless commercial operations on a new 600-mile lane from Fort Worth to El Paso.
- Aurora plans to introduce its second-generation commercial hardware kit in Q2 2026, which is expected to reduce hardware costs by 50%+ and enable driverless operation without an observer.
- A new fleet of International LT Series trucks will be driverless in Q2 2026, contributing to the goal of having hundreds of driverless trucks in operation by the end of 2026.
- The company expects to achieve positive gross profit by the end of 2026 or early 2027.
Oct 28, 2025, 9:00 PM
Aurora Innovation Reports Q3 2025 Results and Operational Milestones
AUR
Earnings
Guidance Update
New Projects/Investments
- Aurora Innovation reported Q3 2025 revenue of $1 million, a 12% sequential increase from Q2, and an operating loss of $222 million.
- The company ended Q3 2025 with $1.6 billion in cash and investments, which is expected to fund operations into the second half of 2027.
- Operationally, Aurora surpassed 100,000 driverless miles on public roads and launched driverless commercial operations on the Fort Worth to El Paso lane.
- Aurora plans to launch its second-generation commercial hardware kit in Q2 2026, which is expected to reduce hardware costs by over 50%, and aims to have hundreds of driverless trucks in operation by the end of 2026.
- The company anticipates achieving positive gross profit by the end of 2026 or early 2027.
Oct 28, 2025, 9:00 PM
Aurora Innovation Announces Q3 2025 Financial Results and Operational Milestones
AUR
Earnings
New Projects/Investments
Product Launch
- Aurora Innovation reported Q3 2025 revenue of $1 million and a net loss of $(201) million. The company's liquidity, including $1.6 billion in cash and investments, is projected to fund operations into the second half of 2027.
- The Aurora Driver achieved a milestone of over 100,000 driverless miles on public roads, doubling its cumulative driverless mileage in just five weeks.
- The company expanded its driverless operations to new routes and customers, including a strategic partnership with McLeod Software to accelerate adoption among mid-market carriers.
- Aurora is progressing with its second and third-generation commercial hardware, with the second generation anticipated to reduce hardware costs by over 50%. Additionally, Continental's AUMOVIO is investing $110 million to expand its manufacturing facility for the Aurora Driver hardware kit, expected to be operational by August 2027.
Oct 28, 2025, 8:23 PM
Aurora Innovation Expands Driverless Trucking Service and Announces Q3 2025 Results
AUR
Product Launch
New Projects/Investments
Earnings
- Aurora expanded its driverless trucking service by launching a second commercial lane from Fort Worth to El Paso, just six months after its inaugural route.
- The company has surpassed 100,000 driverless miles on public roads and plans to deploy hundreds of driverless trucks with its next-generation Aurora Driver hardware in 2026.
- New, lower-cost hardware, designed to reduce overall cost by half and boost performance, is being integrated with multiple platforms, including the Volvo VNL Autonomous and International LT Series.
- Aurora announced its third quarter 2025 results on October 28, 2025.
Oct 28, 2025, 8:15 PM
Aurora Outlines Path to Commercial Launch, Gross Profit, and Self-Funding
AUR
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Aurora is targeting Commercial Launch in 2024 for its autonomous trucking Driver as a Service (DaaS) model, with a path to positive gross profit in 2026 and positive free cash flow in 2028.
- For 2023, Aurora reported $2 million in pilot revenue and $675 million in operating expenses (excluding stock-based compensation), with $1,348 million in liquidity as of December 31, 2023, expected to last into Q4 2025.
- The company projects substantial growth, forecasting $1.3 billion in revenue by 2028 and gross margins reaching 70% by 2027, with an estimated ~$850 million in incremental capital needed to achieve positive free cash flow.
- Key to scaling are strategic partnerships with Volvo Trucks and PACCAR, and the introduction of a next-generation hardware kit in 2025 designed for 50%+ cost reduction and 1 million miles of operation.
Oct 28, 2025, 8:00 PM
Aurora Commences Driverless Commercial Trucking Operations and Outlines Scaling Roadmap
AUR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
- Aurora is the only company with driverless commercial trucking operations on public roads in the U.S. and possesses a strong balance sheet providing liquidity into the second half of 2027.
- The company has initiated driverless commercial deliveries for Uber Freight and Hirschbach between Dallas and Houston, and has expanded operations to the Fort Worth to El Paso lane, with further extension to Phoenix planned by January 2026.
- Aurora is advancing its 2025 Product Roadmap, having validated night driverless operations ahead of schedule and expecting to complete validation for rain and heavy wind conditions with its January 2026 software release.
- Aurora is transitioning to a Driver as a Service (DaaS) business model by 2027, which is designed to be capital-efficient and support shareholder value creation, with a path to expected gross profit in 2026.
- Key strategic partnerships with OEMs like Volvo Trucks and PACCAR, and a long-term agreement with AUMOVIO for hardware development and manufacturing, are crucial for scaling operations.
Oct 28, 2025, 8:00 PM
AUMOVIO Announces $110 Million Texas Manufacturing Expansion
AUR
New Projects/Investments
Hiring
Revenue Acceleration/Inflection
- AUMOVIO announced a $110 million expansion of its New Braunfels, Texas manufacturing facility to increase production capacity for advanced driver-assistance systems (ADAS).
- The expansion will add 65,000 square feet, create approximately 100 new jobs, and is expected to be fully operational by August 2027.
- This investment supports the fulfillment of a $1.5 billion radar sensor order from North American customers and underscores AUMOVIO's commitment to meeting rising demand for ADAS technologies.
- The New Braunfels facility, AUMOVIO's first greenfield plant in the U.S., also collaborates in the development of Aurora Driver hardware through a partnership with Aurora Innovation.
Oct 23, 2025, 10:36 PM
Aurora Innovation Discusses Strategic Milestones and Financial Outlook
AUR
Guidance Update
New Projects/Investments
Product Launch
- Aurora Innovation reported $1.3 billion in liquidity at the end of Q2, providing a financial runway until Q2 2027. The company aims to achieve positive free cash flow in 2028 and plans to be opportunistic with fundraising to maintain a long runway.
- The company is currently operating driverless trucks on the Dallas to Houston lane, having surpassed 50,000 miles in early September. Key milestones for 2025 include increasing driverless miles, improving product capability to handle rain and heavy wind, and expanding to new lanes like Fort Worth to El Paso and Phoenix.
- Aurora is transitioning its hardware strategy, with a second-generation hardware kit coming online in 2026 to scale to hundreds of trucks, and a third-generation hardware kit with Movio in 2027 to scale to thousands of trucks, eventually reaching a run rate of tens of thousands by the end of 2027.
- The long-term business model is driver-as-a-service with a pay-per-mile structure, where the Aurora Driver hardware cost is included in the per-mile fee, eliminating large upfront costs for customers.
- Aurora targets a $50 billion Serviceable Addressable Market (SAM) by 2028, focusing on over-the-road routes between distribution centers and warehouses, with an expectation to operate in most of the U.S. by 2030.
Sep 30, 2025, 2:15 PM
Quarterly earnings call transcripts for Aurora Innovation.
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