---
schema_version: "secwatch.filing_event.v1"
accession: "0001828108-23-000214"
form_type: "8-K"
ticker: "AUR"
cik: "0001828108"
company_name: "Aurora Innovation, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:10:20.009969+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aurora Q3: $0 revenue, $152M cash spend, ARM 84%, Driver Ready delayed to Q1 2024, $1.5B cash

## Summary
- Q3 operating expenses (ex-SBC) $171M ($146M R&D, $25M SG&A); cash spend $152M (op cash $147M, capex $5M); no revenue.
- Raised $853M gross ($828M net) from equity offerings; ending cash and short-term investments $1.5B, expected to fund operations into H2 2025.
- Autonomy Readiness Measure (ARM) at 84%; Aurora Driver Ready milestone now expected around end of Q1 2024 (previously year-end 2023).
- Achieved 75 loads/week autonomously; cumulative 3,200+ loads, 895k+ miles, ~100% on-time; API 98% for Q3; second terminal in Houston completed.
- First autonomy-enabled Volvo VNL received; Continental partnership milestone achieved; CA AB-316 vetoed, favorable regulatory outlook.

## SEC filing metadata
- accession: 0001828108-23-000214
- form_type: 8-K
- ticker: AUR
- cik: 0001828108
- company_name: Aurora Innovation, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000214/0001828108-23-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000214/aur-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828108-23-000214
- JSON: https://secwatch.observer/filing/0001828108-23-000214.json
- Plain text: https://secwatch.observer/filing/0001828108-23-000214.txt

## Key facts
- Earnings Releases
  Aurora Innovation, Inc. reported financial results for quarter ended September 30, 2023.
  - Period: quarter ended September 30, 2023
  - Result: reported results
  source text: On November 1, 2023, Aurora Innovation, Inc. (the “Company”) announced its financial results for its quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000214/0001828108-23-000214-index.htm

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