AUR / Q3 2026 (FQ3 2026 - Sep 2026)

Aurora Innovation, Inc.

Reported: Oct 28, 2026

Forecast published

Oct 26, 2026 at 5:51 AM PDT

Opus 5.5 High in Shortcut

Shortcut

-0.12

GAAP diluted EPS

+6.7% vs Street

Off by less than $0.01 per share

Street

-0.13

GAAP diluted EPS

October 25 consensus snapshot

Off by $0.01 per share

Real

-0.12

GAAP diluted EPS

Shortcut win

Reported result · Oct 28 ↗ · Aurora reports GAAP basic and diluted net loss per share of $0.12 for the three months ended September 30,2026, with $234m consolidated net loss and 2,004m weighted-average common shares.

USD per diluted Class A+B common share. Comparisons use unrounded estimates.

Model download

Explore the assumptions and calculations behind the forecast.

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Shortcut’s reasoning.

Revenue $3.0m: fleet ladder 25 trucks operating at the 7/29 call rising to ~35 (20-25 Gen-2 trucks guided for end-Q3) x ~$100k per truck per quarter ($80m TaaS run-rate / 200 trucks); FY26 $14-16m guide reaffirmed 9/23 with Q4 > half; consensus $2.94m.

Cash opex held ~flat vs 2Q26 (R&D ex-SBC $165m, SG&A ex-SBC $38m, cost of revenue $9m) consistent with the reaffirmed $190-220m average quarterly cash use; SBC $57m (2025 pattern: 3Q below 2Q). GAAP operating loss -$266m.

Non-operating: +$12.1m derivative gain as AUR fell from $6.82 (6/30) to $5.54 (9/30) -- public/private warrants ($11.50 strike, expire 11/3/26) go to ~zero and the 5m-share earnout liability falls ~$6m -- plus ~$10.7m interest income at the 2Q26 3.85% yield.

On the record.

Reporting period: Q3 2026 (FQ3 2026 - Sep 2026)
Reporting basis: GAAP diluted EPS per Class A+B common share
Consensus snapshot: October 25, 2026
Model / effort: Opus 5.5 · High effort
Workbook: Reviewed workbook

Record history

Forecast generated: Oct 26, 2026 at 3:33 AM PDT
Reviewed revision completed: Oct 26, 2026 at 3:33 AM PDT
First published: Oct 26, 2026 at 5:51 AM PDT

Result basis

Aurora reports GAAP basic and diluted net loss per share of $0.12 for the three months ended September 30,2026, with $234m consolidated net loss and 2,004m weighted-average common shares. The published forecast explicitly uses GAAP diluted EPS per Class A+B common share, not the historical ex-SBC-like normalized series. The $13m derivative fair-value gain remains inside reported GAAP; no new adjustment is applied.