Companies /Consumer Cyclical

Aurora Innovation Inc - Class A

NASDAQ: AUR Auto Parts
$5.69
▼ $0.00 (−0.03%) today
Markets open · 10:07am ET

Q4 2025 Earnings

Reported Feb 11, 2026, 4:19pm ET · SEC source
$-0.11
Beat +8.33%
EPS · est. $-0.12
$1.0M
Miss −32.11%
Revenue · est. $1.5M
+1.5%
Beating market
AUR vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−8%−4%0+4%Feb 11Feb 12report 4:19pm ETearnings−1.5%−4.6%
−8%−4%0+4%Feb 11Feb 12earnings−1.5%−4.6%
AUR −4.6%S&P 500 −1.5%
−8%−4%0Feb 11Feb 12report 4:19pm ETearnings−1.8%−4.6%
−8%−4%0Feb 11Feb 12earnings−1.8%−4.6%
AUR −4.6%NASDAQ −1.8%
−6%0+6%+12%Feb 10Feb 19report 4:19pm ETearnings−1.2%+13.6%
−6%0+6%+12%Feb 10Feb 19earnings−1.2%+13.6%
AUR +13.6%S&P 500 −1.2%
−6%0+6%+12%Feb 10Feb 19report 4:19pm ETearnings−1.7%+13.6%
−6%0+6%+12%Feb 10Feb 19earnings−1.7%+13.6%
AUR +13.6%NASDAQ −1.7%
−3.21%
Day of report
+6.16%
Next session
+13.03%
One week
+0.00%
30 days

S&P 500 over the same 30 days: −1.54%.

Did AUR Beat Earnings? Q4 2025 Results

Aurora Innovation posted a mixed fourth quarter for fiscal 2025, narrowing its per-share loss to $0.11 against a consensus estimate of $0.12, a beat of 8.33%, while revenue of $1.00 million fell 32.11% short of the $1.47 million analysts had expected. The top-line miss underscores the reality of Aurora's early commercial stage, though the quarter did represent a 25% sequential revenue increase from Q3, driven by driverless and supervised autonomous commercial loads hauled for customers including FedEx, Werner, and Uber Freight. The company ended the year with nearly $1.50 billion in liquidity, providing a runway management believes is sufficient to reach positive free cash flow in 2028. Looking ahead, Aurora guided 2026 revenue of $14 to $16 million, roughly 400% growth at the midpoint, with plans to deploy more than 200 driverless trucks by year-end and exit 2026 at an approximately $80 million annualized revenue run-rate, with expansion across new Sun Belt corridors already underway.

Key Takeaways
  • Record commercial miles driven during Q4 drove 25% sequential increase in revenue
  • Expansion of driverless fleet to 10 trucks in December
  • 100% on-time performance maintained for customers
  • Zero Aurora Driver-attributed collisions in driverless safety record
  • Inclement weather capability unlocking step-change in potential availability and utilization

“Just as the last two years brought robotaxis into the mainstream, we expect 2026 to mark the inflection point where the market recognizes that self-driving trucks have arrived and are quickly becoming a permanent fixture in our transportation landscape. This represents more than a technological achievement; it is the dawn of a superhuman future for freight.”

Aurora Innovation CEO, on the earnings call

Forward Guidance & Outlook

Aurora guided 2026 revenue of $14–$16 million, representing approximately 400% year-over-year growth at the midpoint. Revenue will be back-end loaded, with Q4 2026 projected to contribute over half of full-year revenue. The company expects to exit 2026 with more than 200 driverless trucks in operation, translating to an approximately $80 million annualized revenue run-rate for its Transportation as a Service business. Management anticipates quarterly cash use of approximately $190–$220 million on average in 2026. The second-generation commercial hardware kit is expected to drive a 50%+ reduction in Aurora Driver hardware costs, with breakeven gross margin targeted on a run-rate basis exiting 2026. The company plans to begin scaling across the Sun Belt in 2026 and expects the DaaS model to commence in 2027. Management believes it has sufficient liquidity to achieve positive free cash flow in 2028.

AUR YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$-270,000,000$-180,000,000$-90,000,000$-296,019,900$-238,000,000Operating Income$-220,887,840$-206,000,000Net Income
$-270,000,000$-180,000,000$-90,000,000Operating IncomeNet Income

AUR Revenue by Segment

Transportation as a Service (TaaS)

Figures from SEC filings and company reports. Not investment advice.