Aurora Innovation Q2 2025: First driverless revenue $1M, operating loss $230M, cash runway into Q2 2027

Aurora Innovation, Inc.

2025-Q2 EPS reported -$0.23 revenue$1,000,000

First driverless commercial trucking launched April 2025; 20k+ driverless miles logged through June 30.
Revenue recognized $1M from driverless and supervised loads for Hirschbach, Uber Freight, Werner, FedEx, Schneider, Volvo.
Operating loss $230M (includes $55M SBC); cash used $144M vs target of $175-185M per quarter.
Raised $331M net from ATM equity offering; liquidity $1.3B, now funds operations into Q2 2027.
Validated night driverless ops; plan to expand to Fort Worth-El Paso-Phoenix lane by year-end.

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