Aurora Innovation, Inc. (AUR) Presents at 2nd Annual CG virtual Sustainability Summit Transcript

SA Transcripts158.94K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Aurora Innovation, Inc. (AUR) 2nd Annual CG virtual Sustainability Summit March 12, 2026 12:00 PM EDT Company Participants David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Corp., Research Division Presentation George GianarikasCanaccord Genuity Corp., Research Division Hi, everyone. I'm George Gianarikas, one of Canaccord Genuity's sustainability analysts. Thank you for joining our second Annual Virtual Summit. We're incredibly excited to have with us from Aurora Innovation, Dave Maday, CFO. Dave, thanks so much for joining us. David MadayChief Financial Officer Thanks, George. I appreciate it. It's always great to attend this conference and looking forward to the Q&A today. So let's get started. Question-and-Answer Session George GianarikasCanaccord Genuity Corp., Research Division So maybe first and foremost, broadly, there's been a surge in interest in the robotaxi market in the United States, internationally. But Aurora, for the most part, has stayed steadfast in their commitment to trucking. Why the commitment there, why do you think that's a more interesting market than robotaxis at least for now? David MadayChief Financial Officer Yes. I think we have always been saying this, and I think it's all still true today. Trucking is the -- in our opinion is the best first market for AV deployment. When you look objectively at the market size, the economic impact, the demand perspective, and how we can help transform that industry. The proof points are pretty obvious. But let me just hit a couple of them, right? Like so you think about the TAM, right? It's a $1 trillion market in trucking. The U.S. market for ride-hailing, I don't know, in the $60 billion, $70 billion. If you think about the unit economics truck drivers make 3x as much as gig economy workers, right? So there is a big difference.