Aurora Innovation Inc-A 2025年度报告

FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-40216 Aurora Innovation, Inc. (Exact name of registrant as specified in its charter) (888) 583-9506Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YesNo Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports);and (2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2of the Exchange Act. (Check one): Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesNo The registrant had outstanding 1,640,974,059 shares of Class A common stock and 307,839,183 shares of Class B common stock as ofFebruary4, 2026. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s definitive proxy statement relating to its 2026 annual meeting of stockholders are incorporated byreference into Part III of this Annual Report on Form 10-K where indicated. The Registrant’s definitive proxy statement will be filedwith the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates. TABLE OF CONTENTS PagePART IItem 1.Business.1Item 1A.Risk Factors.13Item 1B.Unresolved Staff Comments.46Item 1C.Cybersecurity.46Item 2.Properties.47Item 3.Legal Proceedings.47Item 4.Mine Safety Disclosures.47 PART II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities.48Item 6.[Reserved]49Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations.50Item 7A.Quantitative and Qualitative Disclosures About Market Risk.55Item 8.Financial Statements and Supplementary Data.56Item 9.Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.78Item 9A.Controls and Procedures.79Item 9B.Other Information.79Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.80 Item 10.Directors, Executive Officers and Corporate Governance.81Item 11.Executive Compensation.81Item 12.Security Ownership of Certain Beneficial Owners.81Item 13.Certain Relationships and Related Transactions, and Director Independence.81Item 14.Principal Accountant Fees and Services.81 PART IV Item 15.Exhibit and Financial Statement Schedules.82Item 16.Form 10-K Summary.85 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATE