---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-011982"
form_type: "8-K"
ticker: "TSPH"
cik: "0001823593"
company_name: "TuSimple Holdings Inc."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:38:01.249165+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TuSimple Q1 revenue $2M (+140% YoY); operating loss $112M; Driver Out progress

## Summary
- Revenue of $2M, up 140% YoY and 10% sequentially; quarterly revenue miles flat at ~1.014M as resources shifted to Driver Out testing.
- Loss from operations $112M; Adjusted EBITDA ($80M); R&D spend $78M (+$37M YoY); SG&A $32M.
- Total truck reservations 7,475 (+500 in Q1); cumulative road miles 7.2M (+14% QoQ); patents 408 (+5% QoQ).
- Expanded AFN terminals in Houston and Laredo with Ryder; added Reed Werner to Board as Chair of Government Security Committee.
- Continued Driver Out operations with Minimum Risk Condition validation; targeting driverless commercialization by end of 2023.

## SEC filing metadata
- accession: 0001628280-22-011982
- form_type: 8-K
- ticker: TSPH
- cik: 0001823593
- company_name: TuSimple Holdings Inc.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823593/000162828022011982/0001628280-22-011982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823593/000162828022011982/tsp-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-011982
- JSON: https://secwatch.observer/filing/0001628280-22-011982.json
- Plain text: https://secwatch.observer/filing/0001628280-22-011982.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.