Earnings ·
Aurora Innovation reports Q3 revenue of $3M and raises full-year outlook to ~$9M
AUROWAurora Innovation, Inc.
Aurora Innovation reported third-quarter 2026 revenue of $3 million, up from $1 million in the prior year period. The company raised its full-year 2026 revenue guidance to approximately $9 million, citing a production ramp that is about six weeks behind plan but expected to reach 20 trucks per week by early December. Operating loss totaled $257 million, including $54 million in stock-based compensation. Aurora issued 6 million shares via its ATM program for net proceeds of $41 million and ended the quarter with over $1 billion in cash and short-term investments. The company anticipates exceeding the 200-truck milestone by February 2027 and aims to have more than 1,000 driverless trucks in operation by the end of 2027. Aurora Innovation develops autonomous driving technology for commercial freight transportation.