Aurora Innovation Inc
NASDAQ:AUR

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Aurora Innovation Inc
NASDAQ:AUR
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Price: 4.01 USD 3.62% Market Closed
Market Cap: 7.8B USD

Aurora Innovation Inc
Investor Relations

Aurora Innovation Inc., a visionary enterprise in the realm of autonomous technology, stands at the forefront of transforming the transportation landscape. Founded in 2017 by veterans of self-driving technology from Google, Tesla, and Uber, the company has set its sights on developing a sophisticated autonomous driving system. Their flagship product, the Aurora Driver, operates as the brain and nervous system of autonomous vehicles, enabling them to navigate complex road environments safely and efficiently. By combining cutting-edge software with an array of sensors and advanced technology, Aurora aims to deliver seamless, reliable self-driving solutions capable of integrating with a variety of vehicle platforms.

A significant part of Aurora's business model involves partnering with companies across the logistics and transportation sectors, such as trucking and ride-hailing services. Rather than manufacturing vehicles themselves, Aurora focuses on licensing its autonomous driving technology, thereby allowing companies to retrofit their fleets with the Aurora Driver. This approach generates revenue through licensing fees, potential profit-sharing agreements, and future software updates, ensuring that Aurora remains a critical player in the autonomous vehicle ecosystem. By positioning itself as an enabler of autonomy, Aurora seeks to revolutionize how goods and people move, with safety and efficiency at the core of its mission.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 28, 2025
AI Summary
Q3 2025

Driverless Milestone: Aurora surpassed 100,000 driverless miles on public roads, maintaining 100% on-time performance and a perfect safety record.

Expansion: Launched a new 600-mile driverless commercial lane from Fort Worth to El Paso, doubling driverless miles in five weeks and adding new customers.

Scaling Plans: On track to operate more than 10 trucks by year-end and aiming for hundreds of driverless trucks in 2026.

Hardware & Cost: Second-generation hardware kit expected to cut hardware costs by over 50% and launch in Q2 2026.

Financials: Q3 2025 revenue rose 12% sequentially to $1 million; operating loss was $222 million; ended quarter with $1.6 billion in liquidity.

Customer Adoption: Secured new agreements with both large and mid-market carriers, accelerated by a partnership with McLeod Software.

Profitability Target: Still targeting positive gross profit by late 2026 or early 2027, dependent on hardware rollout and fleet scale.

Regulatory Progress: Received DOT approval for safety features and noted momentum in federal legislation for autonomous trucking.

Key Financials
Revenue
$1 million
Operating Loss
$222 million
Stock-Based Compensation
$51 million
R&D Expense
$138 million
SG&A Expense
$28 million
Cost of Revenue
$6 million
Operating Cash Used
$149 million
Capital Expenditures
$8 million
Liquidity (Cash and Investments)
$1.6 billion
Shares Issued
80 million
Net Proceeds from Share Issuance
$460 million
Driverless Miles Driven
100,000+ miles
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christopher Urmson Ph.D.
Co-Founder, CEO & Non-Independent Executive Chairman
No Bio Available
Ms. Ossa Fisher
President
No Bio Available
Mr. David Maday
Chief Financial Officer
No Bio Available
Mr. Nolan Shenai
General Counsel, Secretary & Treasurer
No Bio Available
Mr. Sterling Anderson
Co-Founder, Chief Product Officer & Non-Independent Director
No Bio Available
Mr. James Andrew Bagnell
Chief Scientist
No Bio Available
Ms. Stacy Feit C.F.A.
Vice President of Investor Relations
No Bio Available
Gerardo Interiano
Vice President of Government Relations & Public Affairs
No Bio Available
Mr. Nat Beuse
Chief Safety Officer
No Bio Available
Dr. Sandor Barna Ph.D.
Senior Vice President of Hardware
No Bio Available

Contacts

Address
PENNSYLVANIA
Pittsburgh
50 33Rd St
Contacts
+18106230453.0
aurora.tech