Aurora Innovation, Inc. (AUR)
NASDAQ:AUR
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.12Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated meaningful operational and technological progress — expanded routes, strong utilization metrics, substantial product improvements (longer-range lidar, 1M-mile hardware life), institutional partnerships (Hirschbach, Volvo, PACCAR, AUMOVIO) and ambitious 2026/2027 scaling plans — coupled with aggressive revenue guidance (2026: $14M–$16M, ~400% YoY at midpoint) and a solid liquidity position (~$1.3B). At the same time, near-term financials show very low current revenue, a large operating loss ($244M in Q1), significant cash burn with 2026 expected to be peak capital spend, and dependency on partner timelines and MOU conversions. Overall, the tone was confident on execution and scaling, but material execution and financial risks remain in the near term.Company Guidance
Commercial Momentum & Partnerships
Announced Hirschbach MOU to scale autonomous fleet with intent to own and operate 500 trucks (deliveries beginning 2027); expanded driverless customer cohort to 7 customers; validated rapid route launches and commercial deliveries in collaboration with Volvo Autonomous Solutions.
Network Expansion and Route Validation
Driverless network expanded to 12 distinct routes; validated bidirectional Dallas–Laredo route in 6 weeks and opened bidirectional Dallas–Oklahoma City route; work underway to support coast-to-coast operations across the Sunbelt.
Driverless Miles and Safety Performance
Aurora Driver surpassed 370,000 driverless miles with 100% on-time performance and 0 Aurora Driver–attributed collisions (reported April); strong utilization with Werner trucks averaging 4,000+ miles/week (225,000+ miles/year per truck run rate).
Product & Hardware Advances
Preparing to launch second-generation commercial hardware kit in Q2 with designed life of 1 million miles, enhanced sensor cleaning, more efficient compute, and FirstLight long-range FMCW lidar extended to 1 kilometer (double the closest FMCW competitor), providing ~34+ seconds of reaction time at highway speeds.
Cost Reduction Potential in Hardware
Second‑generation commercial hardware kit is expected to drive a 50%+ reduction in Aurora Driver hardware costs — a key lever toward achieving breakeven gross margin.
Scaling Roadmap & Manufacturing Partnerships
Third‑generation hardware being developed with AUMOVIO; AUMOVIO plant expansion (Brownfields, TX) under construction (target completion Q1 2027) with start of production planned H2 2027; Roush upfitter to scale production later this year (initial capacity 1,000 trucks/year); ongoing collaboration with PACCAR and Volvo for additional supply channels.
Revenue Guidance & Run Rate Targets
2026 revenue guidance of $14M–$16M (midpoint implies ~400% year-over-year growth); expect to exit 2026 with more than 200 driverless trucks in operation, translating to approximately $80M revenue run rate for Transportation-as-a-Service.
Strong Liquidity Position
Ended the quarter with nearly $1.3 billion in cash, short-term and long-term investments; generated $14 million net proceeds from ATM program during the quarter to fund employee RSU tax liabilities.
AUR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AUR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $7.27 | $7.14 | -1.79% |
Feb 11, 2026 | $4.36 | $4.22 | -3.21% |
Oct 28, 2025 | $5.20 | $5.10 | -1.92% |
Jul 30, 2025 | $5.79 | $5.81 | +0.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aurora Innovation, Inc. (AUR) report earnings?
Aurora Innovation, Inc. (AUR) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Aurora Innovation, Inc. (AUR) earnings time?
Aurora Innovation, Inc. (AUR) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is AUR EPS forecast?
AUR EPS forecast for the fiscal quarter 2026 (Q2) is -0.12.