Aurora Innovation (AUR) Reports Q4 Loss

Aurora Innovation, Inc. (NASDAQ:AUR) is 1 of the 12 champion mid headdress AI stocks to bargain according to hedge funds. Aurora Innovation, Inc. (NASDAQ:AUR) reported its fourth-quarter fiscal results connected February 11. In Q4, the institution generated $1 cardinal successful revenue, demonstrating a 25% QoQ increase. For the afloat year, gross came successful astatine $3 million, with adjusted gross of $4 million. However, the institution recorded an operating nonaccomplishment of $238 cardinal during the quarter, which included $48 cardinal successful stock-based compensation. Research and Development costs stood astatine $155 million, portion selling, general, and administrative expenses were $30 million. The outgo of gross came successful astatine $6 million.

Despite utilizing $146 cardinal successful operating currency during the quarter, Aurora Innovation, Inc. (NASDAQ:AUR) ended the twelvemonth with $1.5 cardinal successful currency and different liquid assets. Capital expenditures totalled $31 cardinal for the afloat twelvemonth and $8 cardinal for the 4th quarter.

For 2026, gross is expected to beryllium successful the scope betwixt $14 cardinal and $16 million. More than 200 driverless trucks are projected to beryllium successful cognition by the extremity of 2026. CFO, David Maday, commented connected the gross expectations by saying:

“Revenue volition beryllium back-end loaded with the 4th fourth projected to lend implicit fractional of afloat twelvemonth gross arsenic we standard driverless operations without a spouse requested perceiver pursuing the motorboat of our caller fleet.”

Aurora Innovation, Inc. (NASDAQ:AUR) is simply a self-driving exertion institution operating crossed the United States. The institution specializes successful processing the Aurora Driver. It is simply a level that combines self-driving software, hardware, and information services. Aurora Innovation was incorporated successful 2017 and is based successful Pittsburgh, Pennsylvania.

While we admit the imaginable of AUR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.