Recent Updates — AUROW
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.
Aurora Innovation, Inc. reported second quarter 2026 results on July 29, 2026, announcing $2 million in revenue and a net loss of $270 million. The company launched its new fleet of driverless International LT series trucks without a human operator, marking the start of its commercial scaling phase with plans to operate 200 trucks by year-end. Aurora issued 30 million shares via its ATM program for $215 million in net proceeds, ending the quarter with approximately $1.2 billion in cash and short-term investments. Management reaffirmed full-year revenue guidance of $14–$16 million and expects quarterly cash use of $190–$220 million. Aurora Innovation operates in the autonomous vehicle industry, developing self-driving technology for commercial freight logistics.