Aurora Innovation, Inc.
aurora.techWhat Do They Do?
Develops self-driving hardware, software and services for trucking fleets, ride-hailing customers and local-delivery businesses.
10-K for FY2025, filed Feb 11, 2026We launched Aurora Driver for Freight, our driverless trucking subscription service, as our first commercial product. We have prioritized…View ↗
Our second core market focuses on passenger mobility, initially targeting the ride hailing space with Aurora Driver for Rides, our…View ↗
Our third core market is local goods delivery, which spans several sub-segments, including last-mile parcel and post, prepared food…View ↗
We are building the Aurora Driver – the hardware, software, and services to enable safe, cost-efficient, and high-uptime autonomous driving…View ↗
How Do They Make Money?
Customers pay a per-mile rate for freight transportation; Aurora bills as goods move from origin to destination, with invoices due after they are issued.
10-K for FY2025, filed Feb 11, 2026The Company generates revenue by providing transportation services for customers from an origin to a destination of the shipment. The…View ↗
Substantially all of the Company’s contracts with its customers are for a single performance obligation of providing self-driving and other…View ↗
The Company recognizes revenue on its transportation services as goods are transported from the origin to the destination utilizing an over…View ↗
Invoices are generally due 30 days after the invoice date. Receivables are recorded for the unconditional right to consideration when the…View ↗
$3M
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10-K for FY2025, filed Feb 11, 2026
$3M ↗
Who Are Their Customers?
Freight customers place shipment orders under transportation service agreements that set prices. Aurora works with fleet, vehicle, mobility and logistics partners to support driverless operations.
10-K for FY2025, filed Feb 11, 2026The Company generates revenue by providing transportation services for customers from an origin to a destination of the shipment. The…View ↗
With these strategic partnerships, each party has made significant investments towards integrating the Aurora Driver into vehicles…View ↗
The Aurora Driver will be delivered as a service via Aurora Driver for Freight, our driverless trucking subscription service, and Aurora…View ↗
Do Revenues Turn Into Profits?
No. It lost $816M in FY2025.
10-K for FY2025, filed Feb 11, 2026
−$901MView ↗
10-K for FY2025, filed Feb 11, 2026
−$816MView ↗
10-K for FY2025, filed Feb 11, 2026
−$612MView ↗
How Are They Changing?
Shrinking. Revenue fell 96% in 4 years, from $82M in FY2021 to $3M in FY2025, about 56% a year.
From supervised pilots to driverless freight
The older report described freight hauling in pilots under vehicle-operator supervision and a planned product launch; the latest report says driverless operations began and customer loads were hauled.
10-K for FY2022, filed Feb 21, 2023 10-K for FY2025, filed Feb 11, 2026We intend to launch trucking as our first driverless product, as we believe its massive scale, significant structural need, attractive unit…View ↗
In April 2025, we launched Aurora Driver for Freight and began driverless operations of trucks hauling customer loads. We commenced…View ↗
An interim company-operated model
The older report described an eventual service model that would avoid operating large fleets; the latest report says Aurora operates its own logistics and mobility services during early commercialization before moving toward that model.
10-K for FY2022, filed Feb 21, 2023 10-K for FY2025, filed Feb 11, 2026We expect to ultimately commercialize the Aurora Driver in a Driver as a Service (“DaaS”) business model, in which we will supply…View ↗
We expect that the Aurora Driver will ultimately be commercialized in a Driver as a Service (“DaaS”) business model, in which customers or…View ↗
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