Aurora Innovation, Inc. income statement
In fiscal 2025, Aurora Innovation, Inc. reported revenue of $3.0m, operating income of −$901m (a -30033.3% margin) and net income of −$816m, or −$0.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 0 | 82 | 68 | 0 | 0 | 3 | 7 |
| Cost of revenue | — | — | — | — | 0 | 0 | 17 | 27 |
| Gross profit | — | — | — | — | 0 | 0 | −14 | −20 |
| Research and development | 107 | 179 | 697 | 677 | 716 | 676 | 745 | 803 |
| Selling, general and administrative | 26 | 39 | 116 | 129 | 119 | 110 | 142 | 182 |
| Operating income | −114 | −218 | −731 | −1,852 | −835 | −786 | −901 | −1,005 |
| Income before tax | −102 | −214 | −760 | −1,723 | −796 | −748 | −816 | −933 |
| Income tax | −8 | 0 | −5 | 0 | 0 | 0 | 0 | 0 |
| Net income | −94 | −214 | −755 | −1,723 | −796 | −748 | −816 | −933 |
| Diluted EPS | −$0.37 | −$0.79 | −$1.22 | −$1.51 | −$0.60 | −$0.46 | −$0.44 | −$0.47 |
| Diluted shares (average) | 254m | 271m | 621m | 1,143m | 1,327m | 1,618m | 1,839m | 1,966m |
| EBITDA | −112 | −215 | −715 | −1,830 | −814 | −765 | −871 | −974 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 3 |
| Cost of revenue | 0 | 0 | 5 | 6 | 6 | 6 | 7 | 8 |
| Gross profit | 0 | 0 | −4 | −5 | −5 | −5 | −5 | −5 |
| Research and development | 171 | 182 | 190 | 179 | 194 | 195 | 211 | 203 |
| Selling, general and administrative | 28 | 29 | 36 | 38 | 39 | 44 | 50 | 49 |
| Operating income | −199 | −211 | −230 | −222 | −238 | −244 | −266 | −257 |
| Income before tax | −193 | −208 | −201 | −201 | −206 | −223 | −270 | −234 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −193 | −208 | −201 | −201 | −206 | −223 | −270 | −234 |
| Diluted EPS | −$0.11 | −$0.12 | −$0.11 | −$0.11 | −$0.10 | −$0.11 | −$0.14 | −$0.12 |
| EBITDA | −193 | −205 | −225 | −216 | −225 | −238 | −260 | −251 |
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