secwatch.observer — SEC 8-K summary
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Issuer:     Aurora Innovation, Inc. (AUR)
CIK:        0001828108
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001828108-26-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aurora Q1 rev $1M, loss $244M; maintains FY26 guidance, >200 driverless trucks planned
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828108/000182810826000050/0001828108-26-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828108/000182810826000050/aur-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001828108-26-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer