Aurora Announces First Quarter 2026 Results
Aurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2026 results. Aurora’s shareholder letter and financial results are available on its investor relations website at ir.aurora.tech.
“We are hitting a new gear – we are on the cusp of launching a new platform and are on track to put hundreds of driverless trucks on the road this year,” said Chris Urmson, co-founder and CEO of Aurora. “We’re also seeing incredible customer momentum with early adopters like Hirschbach planning for 500 Aurora Driver-powered trucks. The industry sees the value of the Aurora Driver and what it can do for their businesses.”
Business Highlights
- Next-Gen Hardware at Scale: Aurora remains on track to launch its second-generation hardware kit on the International® LT® Series vehicle, enabling driverless operations without a partner-requested observer in Q2. Aurora’s next-generation hardware is built to last for a million miles while reducing overall cost by more than half. Aurora anticipates deploying more than 200 driverless trucks by the end of the year.
- Scaling Driver as a Service: Aurora continues to see significant commercial demand. Notably, Hirschbach has plans to scale their autonomous fleet, with intent to own and operate 500 trucks through Aurora’s Driver as a Service (DaaS) business model. This represents a potential multi-year revenue stream in the hundreds of millions of dollars, with truck delivery slated to begin in 2027.
- Blue-Chip Customer Adoption: Aurora recently started driverless hauls for McLane Company, Inc., a Berkshire Hathaway subsidiary. Aurora now has seven customers within its driverless cohort.
- Rapid Route Expansion: Aurora validated driverless operations on the bidirectional routes between Dallas and Laredo within just six weeks of initiating supervised autonomous runs. Aurora has also opened a new bi-directional route between Dallas and Oklahoma City, where the Aurora Driver is powering supervised autonomy for a key Volvo Autonomous Solutions customer.
The company will host a business review conference call today, May 6, at 5:00 p.m. Eastern time. The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech, and an accompanying presentation has also been posted to the website. A replay of the webcast will be available for 30 days following the call.
About Aurora
Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora’s driver as a service product for trucking. Aurora is working with industry leaders across the transportation ecosystem, including AUMOVIO, FedEx, Hirschbach, McLane, NVIDIA, PACCAR, Ryder, Schneider, Toyota, Uber, Uber Freight, Volvo Trucks, Volvo Autonomous Solutions, and Werner. To learn more, visit aurora.tech.