Aurora reports Q4 2024 results; on track for April driverless truck launch in Texas

Aurora Innovation, Inc.

2024-FY EPS reported -$0.46

Q4 operating expenses (incl. SBC) $199M; ex-SBC $164M (R&D $142M, SG&A $22M).
Cash and short-term investments over $1.2B; expects to fund into H2 2026.
2025 quarterly cash use guided at $175-185M; 2025 revenue seen as modest, mid-single-digit millions.
Autonomy Readiness Measure (ARM) for Dallas-Houston lane reached 99%; 100% API loads averaged 79% in Q4.
Shelley Webb joined as Chief Legal Officer; FMCSA denied warning-light exemption; Aurora petitioning courts.

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