Aurora Innovation Q3 revenue slightly beats estimates
Overview
Autonomous trucking tech firm's Q3 revenue slightly beat analyst expectations
Company reported Q3 net loss of $234 mln, loss per share was $0.12
Company expects 2026 revenue of about $9 mln, up sharply yr/yr
Outlook
Aurora now sees 2026 revenue of about $9 mln
Company expects Q4 2026 cash use of about $250 mln
Company expects to have over 1,000 driverless trucks in operation by end-2027
Result Drivers
DRIVERLESS OPERATIONS - Co said driverless miles and high on-time delivery fueled customer demand
CUSTOMER AGREEMENTS - New MOU with Charger Logistics for 500 trucks expected to drive future revenue, per co
PRODUCTION RAMP-UP - Co said manufacturing capacity is increasing to meet rising demand
Company press release: Full Story
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $3 mln | $2.99 mln (9 Analysts) |
Q3 Loss Per Share | $0.12 |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)