Aurora Innovation, Inc.
AUR, AUROW · Services-Computer Integrated Systems Design · 642.9M shares · +51%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $595M (gross $755M, SBC $160M)
Reference price $6.04 · est. market cap ~$3.9B — last insider purchase, 2026-06-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D44an autonomous-driving (trucking) developer, pre-revenue with operating losses and heavy cash burn, very well-funded.
Strengths
- Liquidity / growth — very cash-rich (current ratio 11.9, 96th)
Risks
- Operating losses & cash burn — per metrics
- Capital-need dependence — per 10-K
- Execution/competition risk — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -27200.0%)
- Cash burnNegative free cash flow (-612.0M)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +51%/yr over 4y (dilution, book value/share -88%)
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$498,300, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 10 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$534M, last 6mo) Form 4 ↗
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, ARK Investment Management LLC +2 more (as of 2026-03-31)
- AccumulatingInstitutional holders rose 12→14 QoQ (2025-12-31→2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
-466.7%
Operating margin
-30033.3%
Net margin
-27200.0%
Return on equity
-38.1%
Return on assets
-34.8%
Revenue growth (QoQ)
0.0%
Current ratio
11.9×
Free cash flow
-$612M
EBITDA
-$871M
Tangible book value
$1.5B
Cash & investments
$221M
Cash runway
1q
Stock comp / revenue
6266.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Wehner David M. | Buy | 82K | $6.04 |
| 2026-06-02 | Uber Technologies, Inc | Sell | 67.5M | $7.10 |
| 2026-05-28 | Hoffman Reid | Sell | 1.1M | $7.27 |
| 2026-05-28 | Hoffman Reid | Sell | 60K | $7.27 |
| 2026-05-28 | Hoffman Reid | Sell | 60K | $7.27 |
| 2026-05-21 | Hoffman Reid | Grant | 37K | — |
| 2026-05-21 | Caimi Lara | Grant | 73K | — |
| 2026-05-21 | Boyland Gloria R. | Grant | 37K | — |
| 2026-05-21 | Bagley Brittany | Grant | 37K | — |
| 2026-05-21 | Wehner David M. | Grant | 37K | — |
| 2026-05-21 | Donahoe John J | Grant | 37K | — |
| 2026-05-20 | WEBB SHELLEY | Tax withheld | 42K | $6.94 |
| 2026-05-20 | Maday David | Tax withheld | 54K | $6.94 |
| 2026-05-20 | Fisher Ossa | Tax withheld | 70K | $6.94 |
| 2026-05-18 | Hoffman Reid | Sell | 313K | $7.51 |
| 2026-05-18 | Hoffman Reid | Sell | 17K | $7.51 |
| 2026-05-18 | Hoffman Reid | Sell | 17K | $7.51 |
| 2026-05-15 | Hoffman Reid | Sell | 4.9M | $7.81 |
| 2026-05-15 | Hoffman Reid | Sell | 275K | $7.81 |
| 2026-05-15 | Hoffman Reid | Sell | 275K | $7.81 |
| 2026-04-01 | Bagley Brittany | Grant | 4.8K | — |
| 2026-03-23 | WEBB SHELLEY | Grant | 437K | — |
| 2026-03-23 | Maday David | Grant | 655K | — |
| 2026-03-23 | Fisher Ossa | Grant | 437K | — |
| 2026-03-13 | Wehner David M. | Grant | 51K | — |
| 2026-02-20 | WEBB SHELLEY | Tax withheld | 29K | $4.86 |
| 2026-02-20 | Fisher Ossa | Tax withheld | 61K | $4.86 |
| 2026-02-20 | Maday David | Tax withheld | 39K | $4.86 |
| 2026-01-02 | Bagley Brittany | Grant | 5.0K | — |
| 2025-12-31 | Maday David | Gift | 80K | — |
| 2025-12-31 | Maday David | Gift | 80K | — |
| 2025-12-30 | Maday David | Gift | 80K | — |
| 2025-12-30 | Maday David | Gift | 80K | — |
| 2025-12-16 | Urmson Christopher | Gift | 258K | — |
| 2025-12-16 | Urmson Christopher | Gift | 258K | — |
| 2025-11-25 | Urmson Christopher | Buy | 258K | $3.88 |
| 2025-11-20 | WEBB SHELLEY | Tax withheld | 83K | $3.83 |
| 2025-11-20 | Fisher Ossa | Tax withheld | 60K | $3.83 |
| 2025-11-20 | Maday David | Tax withheld | 52K | $3.83 |
| 2025-10-31 | Hoffman Reid | Conversion | 352K | — |
| 2025-10-31 | Hoffman Reid | Conversion | 6.3M | — |
| 2025-10-31 | Hoffman Reid | Conversion | 352K | — |
| 2025-09-30 | Bagley Brittany | Sell | 50K | $5.39 |
| 2025-08-20 | Maday David | Tax withheld | 52K | $5.98 |
| 2025-08-20 | Fisher Ossa | Tax withheld | 60K | $5.98 |
| 2025-08-06 | Donahoe John J | Buy | 162K | $6.10 |
| 2025-06-06 | Boyland Gloria R. | Sell | 46K | $5.92 |
| 2025-05-30 | Donahoe John J | Grant | 64K | — |
| 2025-05-22 | Boyland Gloria R. | Grant | 32K | — |
| 2025-05-22 | Hoffman Reid | Grant | 32K | — |
| 2025-05-22 | Bhatt Shailen | Grant | 32K | — |
| 2025-05-22 | Bagley Brittany | Grant | 32K | — |
| 2025-05-22 | Johnson Claire D'Oyly-Hughes | Grant | 32K | — |
| 2025-05-20 | Urmson Christopher | Gift | 13K | — |
| 2025-05-20 | Maday David | Tax withheld | 52K | $6.28 |
| 2025-05-20 | Fisher Ossa | Tax withheld | 60K | $6.28 |
| 2025-05-12 | Fisher Ossa | Tax withheld | 13K | $7.28 |
| 2025-05-12 | Maday David | Tax withheld | 19K | $7.28 |
| 2025-05-12 | Anderson Sterling | Tax withheld | 17K | $7.28 |
| 2025-05-12 | Urmson Christopher | Tax withheld | 13K | $7.28 |
| 2025-05-12 | Urmson Christopher | Conversion | 5.0M | — |
| 2025-04-23 | Fisher Ossa | Grant | 33K | — |
| 2025-04-23 | Maday David | Grant | 44K | — |
| 2025-04-23 | Urmson Christopher | Grant | 26K | — |
| 2025-04-23 | Anderson Sterling | Grant | 33K | — |
| 2025-03-24 | Fisher Ossa | Grant | 278K | — |
| 2025-03-24 | Maday David | Grant | 556K | — |
| 2025-02-20 | Maday David | Tax withheld | 32K | $8.94 |
| 2025-02-20 | Fisher Ossa | Tax withheld | 53K | $8.94 |
| 2025-02-18 | Hoffman Reid | Other | 1.7M | — |
| 2025-02-18 | Hoffman Reid | Other | 551K | — |
| 2025-02-18 | WEBB SHELLEY | Grant | 874K | — |
| 2024-12-31 | Bhatt Shailen | Grant | 32K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-26 | Shareholder voteExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-02-27 | Exec/director changeExhibits | filing ↗ |
| 2026-02-11 | ResultsExhibits | filing ↗ |
| 2025-10-28 | ResultsExhibits | filing ↗ |
| 2025-07-30 | ResultsExhibits | filing ↗ |
| 2025-05-23 | Shareholder vote | filing ↗ |
| 2025-05-08 | ResultsExec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-26 | 2026-05-21 | 0001828108-26-000057 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001828108-26-000052 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001828108-26-000050 ↗ |
| 8-K | 2026-02-27 | 2026-02-26 | 0001628280-26-012827 ↗ |
| 10-K | 2026-02-11 | 2025-12-31 | 0001828108-26-000016 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001828108-26-000014 ↗ |
| 10-Q | 2025-10-28 | 2025-09-30 | 0001828108-25-000157 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001828108-25-000155 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0001828108-25-000137 ↗ |
| 10-Q | 2025-07-30 | 2025-06-30 | 0001828108-25-000139 ↗ |
| 8-K | 2025-05-23 | 2025-05-22 | 0001828108-25-000117 ↗ |
| 10-Q | 2025-05-08 | 2025-03-31 | 0001828108-25-000087 ↗ |