Aurora reports $2 million in revenue
Aurora Innovation reported a second-quarter net loss of $270 million on $2 million in revenue.
The company’s revenue rose 100% from $1 million a year earlier, due to increased utilization, geographical expansion, and higher fuel surcharges.
Aurora’s transportation-as-a-service offering has a per-mile revenue outlook in the $2-plus-per-mile range, while its driver-as-a-service subscription targets $0.85+ per mile.
The company plans to begin moving customers from the first model to the second in 2027.