Company Analysis

Aurora Innovation, Inc. (AUR)

Nasdaq: AUR · Services-Computer Integrated Systems Design · Pittsburgh, PA · filing with the SEC since 2020
Grade3.4
◀ Past 3.1● Present 2.6▶ Future 5.0
2 est.

The grade of Aurora Innovation, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.4/10
◀ Past3.140% of the headline
● Present2.635% of the headline
▶ Future5.025% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.1/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.1/10

Has it survived what it has been through?

2 warning events since 2020; the latest 2023-03-09.

weight 33% of this tense · 61st percentile among 45 sector filers · read for itself

From the record

Aurora Innovation, Inc.'s filings since 2020 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2023-03-09) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
0.9/10

What has it actually done, year after year?

-26.9% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 9th percentile among 38 sector filers · read for its customers

From the record

Aurora Innovation, Inc.'s 7 filed years say what it did: revenue went from $20 million in fiscal 2019 to $3 million in fiscal 2025, down 26.9% a year; it rose in 0 of 3 years; the deepest fall was 100% from fiscal 2019 to fiscal 2020; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-26.9%bottom 12% of its family
  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak100.0%bottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.0/10

How has it treated the people who own it?

SI estimate 3.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 29th percentile among 41 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 29% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 41 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Aurora Innovation, Inc.'s shareholder treatment is put at 3.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 29% of 41 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.6/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.1/10

Is it financially healthy right now?

ROE -38%: lost 38¢ per shareholder dollar. Leverage 9%: owes 9¢ per asset dollar.

weight 33% of this tense · 41st percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Aurora Innovation, Inc. lost about 38 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 1 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 9 cents per dollar of assets, and net share issuance: its share count grew 13.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 11% of its family
  • return on equitybottom 26% of its family
  • gross profit against assetsbottom 10% of its family
  • the share count against the year beforebottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.5/10

How strong is its position in its industry?

bottom 5% of 40 in its family; net margin -27200%.

weight 45% of this tense · 5th percentile among 40 sector filers · read for its customers

From the record

Aurora Innovation, Inc.'s standing among 40 graded names in its industry family: revenue of $3 million in fiscal 2025 ranks in the bottom 10% by size; a net margin of -27200% ranks in the bottom 1%; revenue growth of -64.7% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

What it rests on

  • revenue against the family$3.0Mbottom 10% of its family
  • net margin-27200.0%bottom 1% of its family
  • three-year revenue growth-64.7%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.6/10

What are the people in charge doing?

bottom 46% of 26 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 46th percentile among 26 sector filers · read for its shareholders

From the record

Aurora Innovation, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Urmson, Christopher (Chief Executive Officer, as filed), filing under that title since 2021-11-12, 5 years (top 50% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 3.7 years (bottom 26%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 37%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 11 peopletop 37% of its family
  • the median years the people in charge have filed3.7 yearsbottom 26% of its family
  • the chief executive's years on the record5.0 yearstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.0/1025% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 39 in its family for room to expand.

weight 22% of this tense · 38th percentile among 39 sector filers · read for itself

From the record

Aurora Innovation, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $235 million against no long-term debt tagged leaves 10% of its assets as net cash, top 48% of its family; cash from operations less capital spending is -20400% of revenue (bottom 1%); a gross margin of -466.7% (bottom 2%); research spending of 24833.3% of revenue (top 2%) (its annual report).

What it rests on

  • cash less debt against assets10.0%top 48% of its family
  • cash from operations less capital spending against revenue-20400.0%bottom 1% of its family
  • gross margin-466.7%bottom 2% of its family
  • research spending against revenue24833.3%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.2/10

What could actually drive growth from here?

top 48% of 38 in its family for growth drivers.

weight 45% of this tense · 52nd percentile among 38 sector filers · read for its customers

From the record

Aurora Innovation, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -64.7% a year over the last three filed years against -26.9% over all 7, slowing (bottom 12% of its family); research spending grew 3.2% a year (top 42%); capital spending grew 27.4% a year (top 15%) (its annual reports). Aurora Innovation, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-37.8 points a yearbottom 12% of its family
  • three-year growth of research spending3.2%top 42% of its family
  • three-year growth of capital spending27.4%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
5.6/10

Did its newest year beat what its own record pointed to?

SI estimate 5.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 56th percentile among 33 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, net income against the prior three years' average, which ranks in the top 44% of 33 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
one part: net income against the prior three years' average, the one part on file, ranked among 33 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Aurora Innovation, Inc.'s expectations vs reality is put at 5.6 of 10 with a confidence of 35 of 100, because read from one part only, net income against the prior three years' average, which ranks in the top 44% of 33 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change. A filing that carries the missing parts replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AUR · research, not advice