Aurora Q1: cash $1.2B, cash use $150M; ARM 95%; 75% driverless loads up 13pts QoQ

Aurora Innovation, Inc.

2024-Q1 EPS reported -$0.11

Operating cash use $150M in Q1; expects quarterly cash use avg $175-185M in 2024.
Cash & investments $1.2B; runway into Q4 2025; capex $8M in Q1.
Autonomy Readiness Measure (ARM) for Dallas-Houston launch lane reached 95% as of mid-April.
100% API (no on-site support) loads hit 75% in Q1, up from 62% in Q4; ~120 commercial loads per week.
Cumulative 5,450 autonomous deliveries, ~1.5M miles, nearly 100% on-time performance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Aurora Innovation, Inc. reported financial results for its quarter ended March 31, 2024.

Period: its quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 8, 2024, Aurora Innovation, Inc. (the “Company”) announced its financial results for its quarter ended March 31, 2024.

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Aurora Innovation, Inc. filing history →

Source: SEC EDGAR

accession 0001828108-24-000086

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.