---
schema_version: "secwatch.filing_event.v1"
accession: "0001828108-23-000165"
form_type: "8-K"
ticker: "AUR"
cik: "0001828108"
company_name: "Aurora Innovation, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:46:02.647380+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aurora Q2: ARM reaches 65%, API 97%; raises $853M equity to fund through H2 2025

## Summary
- Q2 2023 operating expenses (incl. SBC) $217M; R&D $150M, SG&A $24M (excl. SBC $43M). No revenue recorded.
- Cash used in ops $182M, capex $4M; ended Q2 with $785M cash and ST investments.
- Post-quarter-end raised $853M gross ($828M net); total liquidity $1.6B expected to fund through H2 2025.
- Autonomy Readiness Measure (ARM) at 65% (up 21 pts from Q1); on track for Aurora Driver Ready later in 2023.
- Autonomy Performance Indicator (API) at 97% in Q2; cumulative 2,290 loads, 630k miles with ~100% on-time.

## SEC filing metadata
- accession: 0001828108-23-000165
- form_type: 8-K
- ticker: AUR
- cik: 0001828108
- company_name: Aurora Innovation, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000165/0001828108-23-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000165/aur-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828108-23-000165
- JSON: https://secwatch.observer/filing/0001828108-23-000165.json
- Plain text: https://secwatch.observer/filing/0001828108-23-000165.txt

## Key facts
- Earnings Releases
  Aurora Innovation, Inc. reported financial results for quarter ended June 30, 2023.
  - Period: quarter ended June 30, 2023
  - Result: reported results
  source text: On August 2, 2023, Aurora Innovation, Inc. (the “Company”) announced its financial results for its quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000165/0001828108-23-000165-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.