AUR Q3 2025 Earnings
Reported Oct 28, 2025 at 4:23 PM ET · SEC Source
Q3 25 EPS
$-0.11
BEAT +8.33%
Est. $-0.12
Q3 25 Revenue
$1.0M
MISS 16.53%
Est. $1.2M
vs S&P Since Q3 25
+12.9%
BEATING MARKET
AUR +19.6% vs S&P +6.7%
Market Reaction
Did AUR Beat Earnings? Q3 2025 Results
Aurora Innovation posted a mixed but broadly constructive third quarter, beating Wall Street's loss estimate while falling short on revenue as the autonomous trucking company continues to scale from near-zero commercial operations. The company report… Read more Aurora Innovation posted a mixed but broadly constructive third quarter, beating Wall Street's loss estimate while falling short on revenue as the autonomous trucking company continues to scale from near-zero commercial operations. The company reported a diluted net loss of $0.11 per share against a consensus estimate of $0.12, an 8.33% favorable variance, while revenue of $1.00 million trailed the $1.20 million consensus by 16.53%, reflecting the still-nascent commercial footprint across customers including FedEx, Werner, and Uber Freight. The top-line shortfall was offset in part by disciplined cash management, with operating cash use of roughly $149.00 million coming in below the company's own communicated target. Aurora ended the quarter with $1.60 billion in total liquidity following a $460.00 million at-the-market equity raise, a runway management expects to extend into the second half of 2027. Looking ahead, the company guided Q4 cash use of $175.00 million to $185.00 million and is targeting an exit to 2026 with hundreds of driverless trucks in commercial operation, with a second-generation hardware kit launch planned for Q2 2026 aimed at cutting hardware costs by more than 50%.
Key Takeaways
- • 12% sequential increase in revenue driven by record number of commercial miles in Q3
- • Night driverless operations validated in July, more than doubling truck utilization potential
- • Expansion to second driverless commercial lane (Fort Worth to El Paso) adding multiple new customers
- • Surpassed 100,000 driverless miles with zero Aurora Driver-attributed collisions and 100% on-time performance
- • 3.8 million+ cumulative commercial miles through September 30, 2025
AUR YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
AUR Revenue by Segment
Business unit performance breakdown
“We have made exceptional progress since commercial launch and continue to be the only company with driverless trucks on public roads in the U.S. We've proved the technology works and are now channeling our momentum to support lasting customer value and our path to scale.”
— Chris Urmson, Q3 2025 Earnings Press Release
AUR Earnings Trends
AUR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
AUR EPS Trend
Earnings per share: estimate vs actual
AUR Revenue Trend
Quarterly revenue: estimate vs actual
AUR Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.12 | $-0.11 | +5.74% | $1.0M | +3.43% |
| Q4 25 BEAT FY | $-0.12 | $-0.11 | +8.33% | $1.0M | -32.11% |
| FY Full Year | — | $-0.44 | — | $3.0M | — |
| Q3 25 BEAT | $-0.12 | $-0.11 | +8.33% | $1.0M | -16.53% |
| Q2 25 BEAT | $-0.12 | $-0.11 | +8.33% | $1.0M | +98.68% |