{"success":true,"data":{"pressRelease":{"id":"24169","rtpr_id":"nBw8R77RWa","ticker":"AUR","exchange":"NASDAQ","all_tickers":["AUR"],"title":"Aurora Announces First Quarter 2026 Results","author":"Business Wire","published_at":"2026-05-06T20:15:00.145Z","article_body":"Aurora Announces First Quarter 2026 Results\n\nAurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2026\nresults. Aurora's shareholder letter and financial results are available on\nits investor relations website at ir.aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.aurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=ir.aurora.tech&index=1&md5=97862f19561a7c34bfae41e319caeebd)\n.\n\n“We are hitting a new gear - we are on the cusp of launching a new platform\nand are on track to put hundreds of driverless trucks on the road this\nyear,” said Chris Urmson, co-founder and CEO of Aurora. “We're also seeing\nincredible customer momentum with early adopters like Hirschbach planning for\n500 Aurora Driver-powered trucks. The industry sees the value of the Aurora\nDriver and what it can do for their businesses.\"\n\nBusiness Highlights\n\n\n * Next-Gen Hardware at Scale: Aurora remains on track to launch its\nsecond-generation hardware kit on the International® LT® Series vehicle,\nenabling driverless operations without a partner-requested observer in Q2.\nAurora’s next-generation hardware is built to last for a million miles while\nreducing overall cost by more than half. Aurora anticipates deploying more\nthan 200 driverless trucks by the end of the year.\n\n * Scaling Driver as a Service: Aurora continues to see significant commercial\ndemand. Notably, Hirschbach has plans to scale their autonomous fleet, with\nintent to own and operate 500 trucks through Aurora’s Driver as a Service\n(DaaS) business model. This represents a potential multi-year revenue stream\nin the hundreds of millions of dollars, with truck delivery slated to begin in\n2027.\n\n * Blue-Chip Customer Adoption: Aurora recently started driverless hauls for\nMcLane Company, Inc., a Berkshire Hathaway subsidiary. Aurora now has seven\ncustomers within its driverless cohort.\n\n * Rapid Route Expansion: Aurora validated driverless operations on the\nbidirectional routes between Dallas and Laredo within just six weeks of\ninitiating supervised autonomous runs. Aurora has also opened a new\nbi-directional route between Dallas and Oklahoma City, where the Aurora Driver\nis powering supervised autonomy for a key Volvo Autonomous Solutions customer.\n\nThe company will host a business review conference call today, May 6, at 5:00\np.m. Eastern time. The conference call will be webcast on Aurora's investor\nrelations website at ir.aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.aurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=ir.aurora.tech&index=2&md5=ef27418f9f81cb280e1602a358073809)\n, and an accompanying presentation has also been posted to the website. A\nreplay of the webcast will be available for 30 days following the call.\n\nAbout Aurora\n\nAurora\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Faurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=Aurora&index=3&md5=fed084bc2b8261d46865e2191c6c3703)\n(Nasdaq: AUR) is delivering the benefits of self-driving technology safely,\nquickly, and broadly to make transportation safer, increasingly accessible,\nand more reliable and efficient than ever before. The Aurora Driver is a\nself-driving system designed to operate multiple vehicle types, from\nfreight-hauling trucks to ride-hailing passenger vehicles, and underpins\nAurora’s driver as a service product for trucking. Aurora is working with\nindustry leaders across the transportation ecosystem, including AUMOVIO,\nFedEx, Hirschbach, McLane, NVIDIA, PACCAR, Ryder, Schneider, Toyota, Uber,\nUber Freight, Volvo Trucks, Volvo Autonomous Solutions, and Werner. To learn\nmore, visit aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Faurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=aurora.tech&index=4&md5=218ef76ae12a5058bbd09da0ce159d7b)\n.\n\nCautionary Statement Regarding Forward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the federal securities laws. All statements contained in this press\nrelease that do not relate to matters of historical fact should be considered\nforward-looking statements, including but not limited to, the prospects of the\ndevelopment, manufacturing, scaling (including, but not limited to, the lane\nexpansion strategy, the transition to our DaaS model, fleet size, fleet\nownership, and our product’s availability and capabilities) and\ncommercialization, and realization of the potential benefits, of the Aurora\nDriver and related services and technology; the relationships and anticipated\nbenefits with customers and partners (including, but not limited to, our\nability to finalize and execute on customer contracts or orders, and whether\ncustomer intentions to order, such as Hirschbach’s non-binding MOU result in\nbinding agreements and orders); the timing for developing, and the anticipated\nbenefits of, future generations of hardware kits; the anticipated impact of\nour product on the freight industry and economy; and our financial\nperformance, anticipated investment in truck fleet and expected cash use and\ncash runway. These statements are based on management’s current assumptions\nand are neither promises nor guarantees, but involve known and unknown risks,\nuncertainties and other important factors that may cause our actual results,\nperformance or achievements to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking statements. For factors that could cause actual results to\ndiffer materially from the forward-looking statements in this press release,\nplease see the risks and uncertainties identified under the heading “Risk\nFactors” section of Aurora Innovation, Inc.’s (“Aurora”) Annual Report\non Form 10-K for the year ended December 31, 2025, filed with the U.S.\nSecurities and Exchange Commission (the “SEC) on February 11, 2026, and\nother documents filed by Aurora from time to time with the SEC, which are\naccessible on the SEC website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=www.sec.gov&index=5&md5=fade35408d2d73b8be1567b0e14e652d)\n. Additional information will also be set forth in Aurora’s Quarterly Report\non Form 10-Q for the quarter ended March 31, 2026. All forward-looking\nstatements reflect our beliefs and assumptions only as of the date of this\npress release. Aurora undertakes no obligation to update forward-looking\nstatements to reflect future events or circumstances.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260506162229/en/\n(https://www.businesswire.com/news/home/20260506162229/en/)\n\nInvestor Relations:\n\nStacy Feit\n\nir@aurora.tech (mailto:ir@aurora.tech)\n\nMedia:\n\npress@aurora.tech (mailto:press@aurora.tech)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw8R77RWa","title":"Aurora Announces First Quarter 2026 Results","author":"Business Wire","ticker":"AUR","created":"2026-05-06T20:15:00.145Z","tickers":["AUR"],"exchange":"NASDAQ","article_body":"Aurora Announces First Quarter 2026 Results\n\nAurora Innovation, Inc. (NASDAQ: AUR) today announced its first quarter 2026\nresults. Aurora's shareholder letter and financial results are available on\nits investor relations website at ir.aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.aurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=ir.aurora.tech&index=1&md5=97862f19561a7c34bfae41e319caeebd)\n.\n\n“We are hitting a new gear - we are on the cusp of launching a new platform\nand are on track to put hundreds of driverless trucks on the road this\nyear,” said Chris Urmson, co-founder and CEO of Aurora. “We're also seeing\nincredible customer momentum with early adopters like Hirschbach planning for\n500 Aurora Driver-powered trucks. The industry sees the value of the Aurora\nDriver and what it can do for their businesses.\"\n\nBusiness Highlights\n\n\n * Next-Gen Hardware at Scale: Aurora remains on track to launch its\nsecond-generation hardware kit on the International® LT® Series vehicle,\nenabling driverless operations without a partner-requested observer in Q2.\nAurora’s next-generation hardware is built to last for a million miles while\nreducing overall cost by more than half. Aurora anticipates deploying more\nthan 200 driverless trucks by the end of the year.\n\n * Scaling Driver as a Service: Aurora continues to see significant commercial\ndemand. Notably, Hirschbach has plans to scale their autonomous fleet, with\nintent to own and operate 500 trucks through Aurora’s Driver as a Service\n(DaaS) business model. This represents a potential multi-year revenue stream\nin the hundreds of millions of dollars, with truck delivery slated to begin in\n2027.\n\n * Blue-Chip Customer Adoption: Aurora recently started driverless hauls for\nMcLane Company, Inc., a Berkshire Hathaway subsidiary. Aurora now has seven\ncustomers within its driverless cohort.\n\n * Rapid Route Expansion: Aurora validated driverless operations on the\nbidirectional routes between Dallas and Laredo within just six weeks of\ninitiating supervised autonomous runs. Aurora has also opened a new\nbi-directional route between Dallas and Oklahoma City, where the Aurora Driver\nis powering supervised autonomy for a key Volvo Autonomous Solutions customer.\n\nThe company will host a business review conference call today, May 6, at 5:00\np.m. Eastern time. The conference call will be webcast on Aurora's investor\nrelations website at ir.aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fir.aurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=ir.aurora.tech&index=2&md5=ef27418f9f81cb280e1602a358073809)\n, and an accompanying presentation has also been posted to the website. A\nreplay of the webcast will be available for 30 days following the call.\n\nAbout Aurora\n\nAurora\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Faurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=Aurora&index=3&md5=fed084bc2b8261d46865e2191c6c3703)\n(Nasdaq: AUR) is delivering the benefits of self-driving technology safely,\nquickly, and broadly to make transportation safer, increasingly accessible,\nand more reliable and efficient than ever before. The Aurora Driver is a\nself-driving system designed to operate multiple vehicle types, from\nfreight-hauling trucks to ride-hailing passenger vehicles, and underpins\nAurora’s driver as a service product for trucking. Aurora is working with\nindustry leaders across the transportation ecosystem, including AUMOVIO,\nFedEx, Hirschbach, McLane, NVIDIA, PACCAR, Ryder, Schneider, Toyota, Uber,\nUber Freight, Volvo Trucks, Volvo Autonomous Solutions, and Werner. To learn\nmore, visit aurora.tech\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Faurora.tech%2F&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=aurora.tech&index=4&md5=218ef76ae12a5058bbd09da0ce159d7b)\n.\n\nCautionary Statement Regarding Forward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the federal securities laws. All statements contained in this press\nrelease that do not relate to matters of historical fact should be considered\nforward-looking statements, including but not limited to, the prospects of the\ndevelopment, manufacturing, scaling (including, but not limited to, the lane\nexpansion strategy, the transition to our DaaS model, fleet size, fleet\nownership, and our product’s availability and capabilities) and\ncommercialization, and realization of the potential benefits, of the Aurora\nDriver and related services and technology; the relationships and anticipated\nbenefits with customers and partners (including, but not limited to, our\nability to finalize and execute on customer contracts or orders, and whether\ncustomer intentions to order, such as Hirschbach’s non-binding MOU result in\nbinding agreements and orders); the timing for developing, and the anticipated\nbenefits of, future generations of hardware kits; the anticipated impact of\nour product on the freight industry and economy; and our financial\nperformance, anticipated investment in truck fleet and expected cash use and\ncash runway. These statements are based on management’s current assumptions\nand are neither promises nor guarantees, but involve known and unknown risks,\nuncertainties and other important factors that may cause our actual results,\nperformance or achievements to be materially different from any future\nresults, performance or achievements expressed or implied by the\nforward-looking statements. For factors that could cause actual results to\ndiffer materially from the forward-looking statements in this press release,\nplease see the risks and uncertainties identified under the heading “Risk\nFactors” section of Aurora Innovation, Inc.’s (“Aurora”) Annual Report\non Form 10-K for the year ended December 31, 2025, filed with the U.S.\nSecurities and Exchange Commission (the “SEC) on February 11, 2026, and\nother documents filed by Aurora from time to time with the SEC, which are\naccessible on the SEC website at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54529858&newsitemid=20260506162229&lan=en-US&anchor=www.sec.gov&index=5&md5=fade35408d2d73b8be1567b0e14e652d)\n. Additional information will also be set forth in Aurora’s Quarterly Report\non Form 10-Q for the quarter ended March 31, 2026. All forward-looking\nstatements reflect our beliefs and assumptions only as of the date of this\npress release. Aurora undertakes no obligation to update forward-looking\nstatements to reflect future events or circumstances.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260506162229/en/\n(https://www.businesswire.com/news/home/20260506162229/en/)\n\nInvestor Relations:\n\nStacy Feit\n\nir@aurora.tech (mailto:ir@aurora.tech)\n\nMedia:\n\npress@aurora.tech (mailto:press@aurora.tech)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-06T20:15:00.199147425Z","server_sent_at_ms":1778098500199},"received_at":"2026-05-06T20:15:00.437Z","source_url":"https://www.businesswire.com/news/home/20260506162229/en/"},"analysis":{"id":"18906","press_release_id":"24169","analysis_json":{"industry":{"label":"Software & Services","sector":"Information Technology"},"redFlags":["Hirschbach deal described as 'intent' with risk factors noting 'non-binding MOU'"],"eventType":"earnings","narrative":"Aurora announced it is on track to launch its next-generation hardware kit on the International LT Series in Q2, enabling driverless operations without an observer and reducing costs by more than half.\n\nCommercial momentum accelerated with Hirschbach planning to scale to 500 Aurora Driver-powered trucks, representing potential revenue in the hundreds of millions of dollars, while driverless hauls have commenced for McLane Company.\n\nThe company validated the Dallas-Laredo route in six weeks and opened a new Dallas-Oklahoma City corridor, targeting more than 200 driverless trucks on the road by year-end.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Aurora shifts gears with 500-truck Hirschbach commitment and new hardware launch."},"keyFigures":{"customDimensions":{"hardware_cost_reduction":">50%","hardware_lifespan_miles":1000000,"hirschbach_trucks_planned":500,"driverless_cohort_customers":7,"target_driverless_trucks_2026":200,"dallas_laredo_validation_weeks":6}},"quotedText":"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","namedEntities":{"people":[{"name":"Chris Urmson","role":"CEO and Co-founder"}],"products":["Aurora Driver","International® LT® Series","Driver as a Service (DaaS)"],"companies":[{"name":"Aurora Innovation, Inc.","ticker":"AUR"},{"name":"Hirschbach","relationship":"customer"},{"name":"McLane Company, Inc.","relationship":"customer"},{"name":"Berkshire Hathaway","relationship":"partner (parent company)"},{"name":"Volvo Autonomous Solutions","relationship":"partner"}],"dollarAmounts":[{"amount":"hundreds of millions of dollars","context":"potential multi-year revenue stream from Hirschbach"}]},"materialImpact":{"score":3,"reasoning":"The announcement details significant commercial and operational milestones, including a planned 500-truck deployment with Hirschbach and the launch of next-generation hardware. However, the release points to an external website for financial results and references non-binding MOUs in the risk factors, tempering the immediate impact relative to finalized binary events."},"tickerRelevance":{"others":[],"primary":"AUR"},"globalImportance":40,"audienceRelevance":75,"eventTypeSecondary":["partnership","product_launch"],"importanceComponents":{"tickerTier":"retail_favorite","eventGravity":"commercial_milestone","sectorWeight":"autonomous_tech"}},"event_type":"earnings","event_type_secondary":["partnership","product_launch"],"sentiment":"bullish","material_impact_score":3,"narrative":"Aurora announced it is on track to launch its next-generation hardware kit on the International LT Series in Q2, enabling driverless operations without an observer and reducing costs by more than half.\n\nCommercial momentum accelerated with Hirschbach planning to scale to 500 Aurora Driver-powered trucks, representing potential revenue in the hundreds of millions of dollars, while driverless hauls have commenced for McLane Company.\n\nThe company validated the Dallas-Laredo route in six weeks and opened a new Dallas-Oklahoma City corridor, targeting more than 200 driverless trucks on the road by year-end.","key_figures":{"customDimensions":{"hardware_cost_reduction":">50%","hardware_lifespan_miles":1000000,"hirschbach_trucks_planned":500,"driverless_cohort_customers":7,"target_driverless_trucks_2026":200,"dallas_laredo_validation_weeks":6}},"named_entities":{"people":[{"name":"Chris Urmson","role":"CEO and Co-founder"}],"products":["Aurora Driver","International® LT® Series","Driver as a Service (DaaS)"],"companies":[{"name":"Aurora Innovation, Inc.","ticker":"AUR"},{"name":"Hirschbach","relationship":"customer"},{"name":"McLane Company, Inc.","relationship":"customer"},{"name":"Berkshire Hathaway","relationship":"partner (parent company)"},{"name":"Volvo Autonomous Solutions","relationship":"partner"}],"dollarAmounts":[{"amount":"hundreds of millions of dollars","context":"potential multi-year revenue stream from Hirschbach"}]},"model_name":"glm-4.7","prompt_hash":"sha256:6c7fa2f5e3b62e83","schema_hash":"sha256:ee8f711bc9bfba0d","created_at":"2026-05-07T14:34:48.733Z","global_importance":40,"audience_relevance":75,"importance_components":{"tickerTier":"retail_favorite","eventGravity":"commercial_milestone","sectorWeight":"autonomous_tech"}},"durationMs":null,"modelName":"glm-4.7"}}