Aurora Innovation, Inc. · AUROW · FY2026 Q2 · Calendar Q3 2026

Aurora enters commercial scaling phase as execution risks remain

The current analysis supports a cautiously constructive view of Aurora’s commercial scaling: customer agreements, route expansion, hardware improvements and regulatory progress could support growth. The case remains dependent on delivering the 200-truck target, achieving the stated cost reductions, controlling cash use and converting TaaS momentum into a durable DaaS model.

Reported After market closeNASDAQTechnology $6.79B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $-0.14 Consensus $-0.12
EPS surprise -20.0% Reported versus consensus
Reported revenue $2.0M Consensus $1.7M
Revenue surprise +20.6% Reported versus consensus

Market reaction

event-close to next-session close
Stock move +5.6% Event window
SPY move +1.7% Same window
Abnormal move +3.9% Stock minus SPY
Volume 1.5× Versus trailing sessions
Subsequent drift -52.6% Up to 20 sessions
AUROWSPY benchmark

Ask FN2 about AUROW FY2026 Q2

Transcript, numbers and history already loaded
Why did AUROW rise 5.6% after missing EPS estimates in FY2026 Q2?What changed in AUROW's guidance and outlook in FY2026 Q2?Give me the bull and bear case for AUROW after FY2026 Q2 earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Transcript intelligence

What changed

Aurora moved from platform preparation toward commercial scaling with the launch of Aurora Driver 2 on International LT trucks. Relative to the prior analysis, the current analysis adds nearly 440,000 driverless miles with a 100% on-time record and zero Aurora-attributed collisions, while highlighting new TaaS agreements, a DaaS pipeline and progress toward California and federal regulatory support.

Guidance delta

Maintained. The analysis says Aurora maintained its guidance, including a 2026 revenue target of $14–$16 million and an $80 million run-rate outlook.

Key takeaways

  • Aurora Driver 2 launched on International LT trucks, with management targeting more than 200 driverless trucks by year-end 2026.
  • The analysis highlights nearly 440,000 driverless miles, a 100% on-time record, and zero Aurora-attributed collisions.
  • Management said the second-generation hardware kit cuts costs by more than 50%, extends design life to 1 million miles, and adds longer-range LiDAR.
  • Commercial agreements and a customer pipeline support TaaS growth, while DaaS contracts are planned for 2027.

Management priorities

  • Deploy 20–25 driverless trucks by Q3 and exceed 200 by year-end 2026.
  • Scale the Aurora Driver 2 and second-generation hardware platform with production partners.
  • Expand routes across Texas and other Sunbelt corridors while developing fueling support.
  • Pursue regulatory approvals in California and nationally and transition toward DaaS in 2027.

Follow AUROW with an agent that reads every filing, transcript, and price print. Free to start.

Try FN2 free

Earnings History

Estimate Beat Miss Match
AUROW EPS earnings history estimate and actual scatter chart 6 reported fiscal quarters and 4 future estimate-only quarters. Q2 '25 estimate $-0.12 Q2 '25 actual $-0.11, match Q3 '25 estimate $-0.12 Q3 '25 actual $-0.11, beat Q4 '25 estimate $-0.12 Q4 '25 actual $-0.11, match Q1 '26 estimate $-0.12 Q1 '26 actual $-0.11, match Q2 '26 estimate $-0.12 Q2 '26 actual $-0.14, miss Q3 '26 estimate $-0.12 Q3 '26 actual $-0.12, match Q4 '26 estimate $-0.12 Q1 '27 estimate $-0.12 Q2 '27 estimate $-0.12 Q3 '27 estimate $-0.12

Company context

Snapshot as of publication

Aurora Innovation, Inc. specializes in the development of cutting-edge software and hardware systems designed for autonomous vehicles. Its innovative solutions cater to a diverse range of industries, including mobility service providers, automotive manufacturers, and fleet management companies. Established in 2016, the company's primary base of operations is located in Mountain View, California. Additional facilities are also maintained across the Bay Area, California; Bozeman, Montana; Pittsburgh, Pennsylvania; and Dallas, Texas.

Historical context

All AUROW earnings
0.0%FY2026 Q3 · Calendar Q4 2026

Technology peers this season

Latest reports in the same sector
CompanyQuarterEPS surpriseMarket moveHeadline
INTC Intel Corp. FY2026 Q3 · Calendar Q4 2026 +27.9% -28.6% Intel: AI Server Demand Offsets PC Weakness, CapEx Rises
GDDY GoDaddy Inc. FY2026 Q3 · Calendar Q4 2026 +9.5% +10.7% GoDaddy: Airo accelerates while guidance is maintained
MPWR Monolithic Power Systems, Inc. FY2026 Q3 · Calendar Q4 2026 +5.1% +1.1% MPWR tops $1 billion in revenue as data-center demand accelerates
TWLO Twilio Inc. FY2026 Q3 · Calendar Q4 2026 +12.2% -15.2% Twilio raises growth outlook as AI and software adoption expand
SNDK Sandisk Corporation FY2027 Q1 · Calendar Q4 2026 +6.1% -13.5% SNDK: AI-driven NAND demand remains strong, but execution risks persist
RBLX Roblox Corporation FY2026 Q3 · Calendar Q4 2026 +26.2% -18.1% Roblox pairs strong engagement with lower Q4 bookings guidance

Latest beats and misses

Who reports next

Beat on EPS

Missed on EPS

Get the AUROW recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Sources

  1. Earnings call transcript and parsed analysis · 2026-07-30T03:07:59.026242+00:00
  2. FN2 earnings calendar · 2026-09-03T01:23:14.877038+00:00
  3. Polygon adjusted daily market bars · 2026-10-31T15:00:44.337816+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-31. For educational purposes only; not investment advice.