AUR · AURORA INNOVATIO Q2 FY2026 earnings call record财报电话会记录

“In particular, those described in our risk factors included in our annual report on Form 10-K for the year ended December 31st, 2025, and other documents filed with the SEC, as well as the current uncertainty and unpredictability in our business, the markets, and the economy.”

“Backed by this momentum, we are fully allocated to exit the year with 200 driverless trucks in operation and are in negotiations with a number of driverless service business customers for 2027 and beyond.”

“We recently executed a Transportation-as-a-Service agreement with two customers that aim to grow their networks with Aurora Driver-powered trucks, starting in Laredo, Texas, where nearshoring is driving unprecedented freight volume.”

“Crucially, we expect this kit to drive a 50%+ reduction in Aurora Driver hardware costs, a key lever supporting our breakeven gross margin target.”

“Excluding stock-based compensation of $60 million, R&D totaled $164 million, SG&A was $37 million, and cost of revenue was $7 million.”

“We used approximately $225 million in operating cash during the second quarter of 2026, and capital expenditures totaled $31 million.”

“We anticipate exiting the year with more than 200 driverless trucks in operation, which translates to an approximately $80 million revenue run rate for our Transportation-as-a-Service business.”

“Some minor increases in component costs when you look at on a unit economic basis, George, for gross profit over a per-mile basis, are not materially going to impact our gross margin projections.”

“We expect to grow that to 20-25 trucks that are of the International trucks by the end of this quarter.”

“As we look at it, you've heard me say before that this technology is so impactful, transformational, improving safety, improving fuel economy, improving utilization, for customers, that if you're not using our stuff in the next five years, you just won't be competitive in long haul.”

“For our customers, it's an opportunity for them to have an increased level of confidence and reduce incidents in safety and coverage for them.”

“As we continue to add customers, we'll look at the trailers that are needed to support that growth of the business.”