Highest-materiality recent filing
Q2 revenue $2M; operating loss $266M (incl. $60M SBC); cash & short-term investments ~$1.2B.
Aurora Q1 rev $1M, loss $244M; maintains FY26 guidance, >200 driverless trucks planned
Q1 revenue $1M (+10% QoQ); operating loss $244M incl. $46M SBC; cash used $159M; liquidity $1.3B.
Aurora Q4 rev $1M, FY rev $3M; guides FY26 rev $14-16M, >200 driverless trucks exit
Q4 revenue $1M, FY revenue $3M; adjusted FY rev $4M; operating loss $238M including SBC.
Aurora reports Q3 revenue $1M, operating loss $222M; surpasses 100k driverless miles
Q3 revenue $1M (+12% QoQ); operating loss $222M incl. SBC; ex-SBC R&D $138M, SG&A $28M.
First driverless commercial trucking launched April 2025; 20k+ driverless miles logged through June 30.
Aurora begins driverless operations; Q1 cash burn $142M, below target; CPO resigns
Started driverless commercial deliveries on I-45 (Dallas-Houston) Apr 27; >4,000 driverless miles; tens of trucks by year-end.
Aurora launches commercial driverless trucking in Texas; first SAE L4 class 8 service in US
Began regular driverless customer deliveries between Dallas and Houston; over 1,200 miles driven without a driver.
Aurora reports Q4 2024 results; on track for April driverless truck launch in Texas
Q4 operating expenses (incl. SBC) $199M; ex-SBC $164M (R&D $142M, SG&A $22M).
Aurora Innovation posts Q3 cash use of $143M, raises $483M, targets April 2025 launch
Q3 2024 operating expenses $196M incl. SBC; cash used $143M, capex $7M.
Aurora Innovation prices upsized $420M public offering of 116.7M shares at $3.60/share
Offering upsized to 116,666,667 shares at $3.60 per share, gross proceeds ~$420M.
Aurora reports Q2 results: $1.0B cash, 75% of loads achieve 100% API; Uber Freight committed
Q2 2024 operating expenses (incl. SBC) $198M; ex-SBC $160M ($138M R&D, $22M SG&A).
Aurora Q1: cash $1.2B, cash use $150M; ARM 95%; 75% driverless loads up 13pts QoQ
Operating cash use $150M in Q1; expects quarterly cash use avg $175-185M in 2024.
Aurora shows driverless trucks at Analyst Day; Safety Case 93% complete for Dallas-Houston lane
Safety Case for the Dallas-Houston launch lane is 93% complete, nearing closure for driverless deployment.
Aurora Q4 2023: OpEx $198M, cash >$1.3B, ARM at 93% for launch lane
Q4 operating expenses $198M ($161M ex-SBC); no revenue; cash used in ops ~$133M.
Aurora Q3: $0 revenue, $152M cash spend, ARM 84%, Driver Ready delayed to Q1 2024, $1.5B cash
Q3 operating expenses (ex-SBC) $171M ($146M R&D, $25M SG&A); cash spend $152M (op cash $147M, capex $5M); no revenue.
CFO Richard Tame's departure detailed: $201K severance, release of claims, benefits cessation
Severance payment of $201,236 (incl. $13,736 for COBRA) within 10 business days after effective date.
Aurora Q2: ARM reaches 65%, API 97%; raises $853M equity to fund through H2 2025
Q2 2023 operating expenses (incl. SBC) $217M; R&D $150M, SG&A $24M (excl. SBC $43M). No revenue recorded.
Public offering of 73,333,333 shares at $3.00/share, expected gross proceeds ~$220M.
Aurora Innovation launches $200M public offering and $600M private placement; provides cash runway
Announces $200M underwritten public offering of Class A common stock; 30-day underwriter option for 15% additional shares.
Aurora Q1: no revenue, $208M op ex; Driver Feature Complete; $300M Continental deal
First-quarter 2023 operating expenses $208M (incl. $39M SBC); used ~$136M in operating cash; cash & investments $966M.
Continental to deliver Aurora Driver hardware kits and fallback system; start of production expected 2027.
Aurora achieves Feature Complete milestone; targets driverless truck launch by end 2024
Aurora Driver Beta 6.0 released; Feature Complete achieved in Q1 2023, on schedule.
Aurora Q4 2022: $114M goodwill impairment, $141M cash burn, targeting Feature Complete by Q1 2023
Q4 operating expenses $314M, including $114M non-cash goodwill impairment and $44M stock-based comp.
Q3 collaboration revenue $3M (cumulative $148M from Toyota); operating expenses $203M ($166M ex-SBC).
Aurora Q2 revenue $21M, $1B goodwill impairment; cash runway to mid-2024
Collaboration revenue $21M in Q2 ($145M cumulative); cash & short-term investments $1.4B.
Aurora achieves Fault Management System milestone quarter ahead of schedule
Beta 3.0 update enables Aurora Driver to detect system issues and safely pull over without human aid.
Aurora Q1 2022: $42M revenue, $1.5B cash; progresses autonomous trucking pilot with Werner
Collaboration revenue $42M from Toyota development work; OpEx $185M incl SBC ($156M excl SBC).
Aurora Innovation reports FY2021 collaboration revenue $83M, operating expenses $813M; cash $1.6B
Collaboration revenue of $83M from Toyota Sienna development; no other revenue.
Aurora appoints Claire Hughes Johnson to board; outlines Aurora Driver beta and safety milestones
Claire Hughes Johnson, former Stripe COO, appointed to Aurora Board effective Jan 13, 2022.
Aurora Innovation appoints Richard Tame as CFO effective Nov 30, 2021
Richard Tame, previously VP of Finance, named CFO and principal financial/accounting officer.
On May 6, 2025, Sterling Anderson, Chief Product Officer and a member of the board of directors (the “Board”) of the Company, notified the Company of his decision to resign from his position as Chief Product Officer of the Company and its subsidiaries, effective June 1, 2025, and from the Board, effective August 31, 2025
On May 6, 2025, Sterling Anderson, Chief Product Officer and a member of the board of directors (the “Board”) of the Company, notified the Company of his decision to resign from his position as Chief Product Officer of the Company and its subsidiaries, effective June 1, 2025, and from the Board, effective August 31, 2025
On December 31, 2024, Shailen Bhatt was appointed to the Board.
On December 31, 2024, Dara Khosrowshahi provided notice of his decision to resign from the Board of Directors (the "Board") of Aurora Innovation, Inc. (the "Company") to reduce his external board commitments and focus on his ongoing responsibilities as CEO of Uber Technologies, Inc.
On August 31, 2023, Aurora Operations, Inc., a wholly owned subsidiary of the Company, and Mr. Tame entered into a Separation Agreement and Release (the “Separation Agreement”).
David Maday has been appointed as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer effective June 14, 2023
Richard Tame, who resigned as Chief Financial Officer on June 12, 2023 and will continue with the Company in a transitional role until August 31, 2023
On March 13, 2023, Gloria R. Boyland was appointed to the Board.
On March 10, 2023, Carl Eschenbach provided notice of his decision to resign from the Board of Directors (the “Board”) of Aurora Innovation, Inc. (the “Company”) due to ongoing responsibilities as co-CEO of Workday, Inc.
Ossa F. Fisher has been appointed as President of the Company, effective as of her start date, which is expected to be February 13, 2023.
Chris Urmson will be stepping down as President, effective as of Ms. Fisher’s start date, but will remain as the Chief Executive Officer of the Company and an officer for purposes of Section 16 of the Exchange Act.
On April 14, 2022, William Mouat, who serves as General Counsel, Vice President, Treasurer and Secretary of Aurora Innovation, Inc. (the “ Company ”), informed the Company of his intention to leave the Company effective June 3, 2022
Max materiality 0.85 · Median 0.65 · Most common event earnings