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Aurora Innovation (AUR) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · Aurora Innovation (AUR) Q3 2026 earnings results →

Q3 2026 Revenue up 200% year over year to $3.0M

Aurora Innovation made $3.0M in Q3 2026 (+200% Y/Y). Operating margin n/m, net loss $234M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.

Revenue$3.0M
Year over year+200%
Operating marginn/m
Net earnings−$234M
Operating cash flow−$170M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $3.0M in Q3 2026, up 200% year over year and up 50% from the previous quarter.

Operating costs exceeded revenue by $257.0M, an operating margin of -8566.7%. Total costs grew 17% against revenue growth of 200%. The fastest-growing cost line was Cost of revenue (+33%). The quarter ended with a net loss of $234.0M, narrower than the previous quarter's $270.0M loss.

Operating cash flow was −$170.0M. Non-cash charges added back $6.0M of depreciation and amortization and $54.0M of share-based compensation. Capital expenditures of $36.0M exceeded it, leaving free cash flow of −$206.0M.

Quarterly history

Aurora Innovation revenue by quarterAurora Innovation revenue by quarter$1.0MQ2 2025$1.0MQ3 2025$1.0MQ4 2025$1.0MQ1 2026$2.0MQ2 2026$3.0MQ3 2026
Aurora Innovation net earnings by quarterAurora Innovation net earnings by quarter−$201MQ2 2025−$201MQ3 2025−$206MQ4 2025−$223MQ1 2026−$270MQ2 2026−$234MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 28, 2026$3.0M+200%n/m−$234M−$170M
Q2 202610-QJul 29, 2026$2.0M+100%n/m−$270M−$225M
Q1 202610-QMay 6, 2026$1.0M—n/m−$223M−$159M
Q4 202510-KFeb 11, 2026$1.0M—n/m−$206M−$146M
Q3 202510-QOct 28, 2025$1.0M—n/m−$201M−$149M
Q2 202510-QJul 30, 2025$1.0M—n/m−$201M−$144M

Charts

Aurora Innovation: revenue growth, year over year and quarter over quarterAurora Innovation: revenue growth, year over year and quarter over quarterY/YQ/Q+0%Q3 2025+0%Q4 2025+0%Q1 2026+100%+100%Q2 2026+200%+50%Q3 2026
Latest (Q3 2026): Y/Y +200%, Q/Q +50%.
Aurora Innovation: where the cash came from (+) and went (−), TTM to Q3 2026Aurora Innovation: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow−$700MOther investing$624MShares issued$313MCapital spending−$100MTaxes on employees’ shares−$80.0MCash drawn (+) / kept (−)−$56.0MOther financing−$1.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Aurora Innovation: profit against cash, quarter by quarterAurora Innovation: profit against cash, quarter by quarterNet incomeOperating cash flow−$193M−$142MQ4 2024−$208M−$142MQ1 2025−$201M−$144MQ2 2025−$201M−$149MQ3 2025−$206M−$146MQ4 2025−$223M−$159MQ1 2026−$270M−$225MQ2 2026−$234M−$170MQ3 2026
Latest (Q3 2026): Net income −$234M, Operating cash flow −$170M.
Aurora Innovation: diluted shares by fiscal year (split-adjusted)Aurora Innovation: diluted shares by fiscal year (split-adjusted)542MFY20201.24BFY20211.14BFY20221.33BFY20231.62BFY20241.84BFY2025
+239.4% since FY2020: more shares outstanding (issuance, stock pay); earlier years scaled for the 2-for-1 split before FY2022.
Aurora Innovation in its industry: growth against margin (40 companies, SIC 7373)Aurora Innovation in its industry: growth against margin (40 companies, SIC 7373)revenue growth, year over year →↑ operating marginmedian +9%median 1%LDOSKDCACISAICPSNGDDYOTEXLAWILJKHYIOTUISWAYNTCTRBBNIONQAGYSOSPNTLSSMRTASURWYYSTEMCREXCSPIHCTIQNTDMRCOMQSSLERIMEKDKMRLNFUSEODYSVEEAGRHIBNAISUNIDAICAUR (+200%, -100%)
Services-Computer Integrated Systems Design; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Buys from

About Aurora Innovation

Unless the context otherwise requires, all references in this section to the “Company,” “Aurora,” “we,” “us,” or “our” refer to the business of Aurora Innovation, Inc. and its subsidiaries. Aurora was founded in 2017 by Chris Urmson, Sterling Anderson, and Drew Bagnell, three of the most prominent leaders in the self-driving space. Led by a team with deep experience, including Chris and Drew, we have launched and are continuing to develop the Aurora Driver based on what we believe to be the most advanced and scalable suite of self-driving hardware, software, and data services in the world to fundamentally transform the global transportation market. The Aurora Driver is designed as a platform to adapt and interoperate amongst a multitude of vehicle types and applications.

In its own words, from its 10-K, filed Feb 11, 2026.

Aurora Innovation against its Services-Computer Integrated Systems Design peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +200% against the peers' median +4%.

CompanyQuarterRevenueY/YOp. margin
AUR Aurora InnovationQ3 2026$3.0M+200%n/m
LDOS Leidos HoldingsQ3 2026$4.6B+4%11.9%
KD Kyndryl HoldingsQ2 FY27$3.7B-2%3.1%
CACI CACI InternationalQ3 2026$2.5B+8%10.0%
SAIC Science Applications InternationalQ2 FY27$1.9B+6%8.1%
PSN ParsonsQ3 2026$1.7B+2%6.3%
GDDY GoDaddyQ3 2026$1.3B+6%27.0%
OTEX Open TextQ1 FY27$1.2B-4%20.3%
LAWIL Light & WonderQ3 2026$824M-2%29.4%

Source: Aurora Innovation 10-Q on SEC EDGAR · CIK 1828108 · Services-Computer Integrated Systems Design

13F: who owns AUR and who is buying

Largest holders of AUR (13F)Largest holders of AUR (13F)T. Rowe Price Investment Manageme…$2.0BUber Technologies$1.8BMorgan Stanley$1.5BVanguard Group$617MVanguard Portfolio Management LLC$569MCapital Research Global Investors$566MCapital International Investors$529MVanguard Capital Management LLC$475MBlackRock$467MBaillie Gifford$376M
Funds' net buying of AUR by quarter (13F)Funds' net buying of AUR by quarter (13F)$219M2024-09$17.8M2024-12$314M2025-03$227M2025-06$592M2025-09$841M2025-12−$440M2026-03$321M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on AUR

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results

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