earnings
confidence high
sentiment positive
materiality 0.80
Aurora Q1 rev $1M, loss $244M; maintains FY26 guidance, >200 driverless trucks planned
Aurora Innovation, Inc.
2026-Q1 EPS reported
-$0.11
revenue$1,000,000
- Q1 revenue $1M (+10% QoQ); operating loss $244M incl. $46M SBC; cash used $159M; liquidity $1.3B.
- FY26 revenue guidance $14-16M (400% YoY at midpoint); exit with >200 driverless trucks, $80M TaaS run-rate.
- Hirschbach signed MOU for 500 Aurora Driver trucks under DaaS; multi-year revenue in hundreds of millions, deliveries 2027.
- Second-gen hardware kit launching Q2 2026; cuts driver hardware costs 50%+; enables driverless ops without observer.
- California law enables autonomous trucking; expands SAM to 60B VMT by 2028; supports coast-to-coast operations.