Aurora Innovation reports FY2021 collaboration revenue $83M, operating expenses $813M; cash $1.6B

Aurora Innovation, Inc.

2021-FY EPS reported -$1.22 revenue$82,538,000

Collaboration revenue of $83M from Toyota Sienna development; no other revenue.
Operating expenses $813M including $220M stock-based compensation; adjusted $593M.
Cash and investments $1.6B at year-end; expects to fund through trucking launch into 2024.
Used $563M operating cash and $48M capex in 2021; strong balance sheet.
Commercial pilots with FedEx, Uber Freight, and U.S. Xpress; 5 days/week, 100% on-time record.

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