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Other financials

Income statement

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Revenue$2.0M+100%
Gross profit-$5.0M-25.0%
Operating income-$266.0M-15.7%
Net income-$270.0M-34.3%
EPS (diluted)-$0.14-27.3%

Balance sheet

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Cash & equivalents$154.0M-30.6%
Total debt$82.0M-26.1%
Total equity$2.0B-1.9%
Total assets$2.2B-2.1%

Cash flow

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Operating cash flow-$225.0M-56.3%
CapEx$31.0M+343%
Free cash flow-$256.0M-69.5%

Valuation

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Market cap$13.12B+17.7%
Enterprise value$13.05B+18.2%
P/S2,624.1×-8,522×

Profitability

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Gross margin-400%0.0pp
Operating margin-19,400%-8,427pp
Net margin-18,000%-7,875pp
FCF margin-15,020%-6,438pp

Returns & leverage

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Return on equity-45.6%+2.1pp
Debt / equity0.0×
Current ratio11.4×-5.6×

Where this comes from

Reported directly by Aurora Innovation, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Aurora Innovation, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001828108-26-000077
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$2$1$3$1
Cost of revenue75135
Research and development211190406372
Selling, general and administrative50369465
Loss from operations(266)(230)(510)(441)
Other income (expense):
Change in fair value of derivative liabilities(16)16(17)7
Other income, net12133425

Item 1. Financial Statements

FAQ

What is Aurora Innovation, Inc.'s R&D?
Aurora Innovation, Inc. (AUR) reported R&D of $211M in Q2 2026.
How has Aurora Innovation, Inc.'s R&D changed year-over-year?
Aurora Innovation, Inc.'s R&D increased by 11.1% year-over-year, from $190M to $211M.
What is the long-term trend for Aurora Innovation, Inc.'s R&D?
Over 4 years (2021 to 2025), Aurora Innovation, Inc.'s R&D has grown at a 1.7% compound annual growth rate (CAGR), from $697.28M to $745M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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