INFORMATION ABOUT AURORA Unless the context otherwise requires, all references in this section to the “Company,” “Aurora,” “we,” “us,” or “our” refer to the business of Aurora Innovation, Inc. and its subsidiaries. Company Overview Our mission is to deliver the benefits of self-driving technology safely, quickly, and broadly. Aurora was founded in 2017 by Chris Urmson, Sterling Anderson, and Drew Bagnell, three of the most prominent leaders in the self-driving space. Led by a team with deep experience, including Chris and Drew, we have launched and are continuing to develop the Aurora Driver based on what we believe to be the most advanced and scalable suite of self-driving hardware, software, and data services in the world to fundamentally transform the global transportation market. The Aurora Driver is designed as a platform to adapt and interoperate amongst a multitude of vehicle types and applications.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | 0 | 0 | - | - |
| Net Income | -816M | -816M | -748M | -796M | -1.7B | -755M |
| EPS | $-0.44 | $-0.44 | $-0.46 | $-0.60 | $-1.51 | $-1.22 |
| Free Cash Flow | -612M | -612M | -645M | -613M | -523M | -612M |
| ROIC | -35.5% | -40.6% | -39.9% | -40.1% | -96.6% | -22.6% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.04 | 0.04 | 0.06 | 0.06 | 0.12 | 0.04 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -901M | -901M | -786M | -835M | -1.9B | -731M |
| Operating Margin | 0.0% | - | - | - | - | - |
| ROE | -38.1% | -40.6% | -39.9% | -40.1% | -96.6% | -22.6% |
| Shares Outstanding | 1,855M | 1,855M | 1,626M | 1,327M | 1,141M | 619M |
| Metric | 2020 | 2021 | 2022 | 2023 | |||
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 0 | N/A | N/A | 0 | 0 | N/A | 0 |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D | 179M | 697M | 677M | 716M | 676M | 745M | 745M |
| SG&A | 39M | 116M | 129M | 119M | 110M | 142M | 142M |
| EBIT | -218M | -731M | -1.9B | -835M | -786M | -901M | -901M |
| Op. Margin | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Net Income | -214M | -755M | -1.7B | -796M | -748M | -816M | -816M |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Non-Recurring | 0 | 7.9M | 1.1B | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||
| ROIC | -35.2% | -22.6% | -96.6% | -40.1% | -39.9% | -40.6% | -35.5% |
| ROE | N/A | -22.6% | -96.6% | -40.1% | -39.9% | -40.6% | -38.1% |
| ROA | -34.7% | -20.5% | -86.1% | -35.6% | -35.0% | -36.4% | -34.8% |
| Cash Flow | |||||||
| Op. Cash Flow | -192M | -564M | -508M | -598M | -611M | -581M | -581M |
| Free Cash Flow | -199M | -612M | -523M | -613M | -645M | -612M | -612M |
| Owner Earnings | -212M | -800M | -686M | -779M | -776M | -799M | -799M |
| CapEx | 6.7M | 48M | 15M | 15M | 34M | 31M | 31M |
| Maint. CapEx | 3.1M | 16M | 22M | 21M | 21M | 30M | 30M |
| Growth CapEx | 3.6M | 32M | 0 | 0 | 13M | 1.0M | 1.0M |
| D&A | 3.1M | 16M | 22M | 21M | 21M | 30M | 30M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 755M | 755M | 755M | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 17M | 220M | 156M | 160M | 144M | 188M | 188M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||
| Net Debt | N/A | -1.5B | N/A | -880M | -301M | -358M | -137M |
| Cash & Equiv. | 387M | 1.6B | 262M | 501M | 211M | 221M | 221M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 84M |
| Debt/Equity | -0.48 | 0.04 | 0.12 | 0.06 | 0.06 | 0.04 | 0.04 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | -277M | 3.3B | 1.8B | 2.0B | 1.9B | 2.1B | 2.1B |
| Total Assets | 619M | 3.7B | 2.0B | 2.2B | 2.1B | 2.3B | 2.3B |
| Total Liabilities | 132M | 348M | 217M | 250M | 263M | 203M | 203M |
| Intangibles | 53M | 617M | 618M | 617M | 617M | 617M | 617M |
| Retained Earnings | N/A | -1.1B | -2.8B | -3.6B | -4.4B | -5.2B | -5.2B |
| Working Capital | 374M | 1.6B | 1.0B | 1.1B | 1.1B | 1.2B | 1.2B |
| Current Assets | 406M | 1.7B | 1.1B | 1.2B | 1.3B | 1.3B | 1.3B |
| Current Liabilities | 32M | 91M | 83M | 111M | 105M | 111M | 111M |
| Per Share Data | |||||||
| EPS | -0.79 | -1.22 | -1.51 | -0.60 | -0.46 | -0.44 | -0.44 |
| Owner EPS | -0.18 | -1.29 | -0.60 | -0.59 | -0.48 | -0.43 | -0.43 |
| Book Value | -0.24 | 5.40 | 1.56 | 1.50 | 1.15 | 1.15 | 1.15 |
| Cash Flow/Share | -0.17 | -0.91 | -0.45 | -0.45 | -0.38 | -0.31 | -0.42 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 1.2B | 618.9M | 1.1B | 1.3B | 1.6B | 1.9B | 1.9B |
| Valuation | |||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | -10.6 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | 2.2 | 0.7 | 3.1 | 6.0 | 3.5 | 4.0 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Yield | N/A | -8.5% | -39.5% | -9.9% | -5.7% | -8.2% | -7.1% |
| Market Cap | N/A | 7.2B | 1.3B | 6.2B | 11.3B | 7.4B | 8.7B |
| Avg. Price | N/A | 10.34 | 3.53 | 2.17 | 4.02 | 5.98 | 4.67 |
| Year-End Price | N/A | 11.64 | 1.16 | 4.65 | 6.94 | 4.00 | 4.67 |
Aurora Innovation, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
Aurora Innovation, Inc. (AUR) has a 5-year average return on invested capital (ROIC) of -48.0%. This is below average and may indicate limited pricing power.
Aurora Innovation, Inc. (AUR) has a market capitalization of $8.7B. It is classified as a mid-cap stock.
Aurora Innovation, Inc. (AUR) does not currently pay a regular dividend.
Aurora Innovation, Inc. (AUR) operates in the Services-Computer Integrated Systems Design industry, within the Technology sector.
Aurora Innovation, Inc. (AUR) generated $-612 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Aurora Innovation, Inc. (AUR) has a debt-to-equity ratio of 0.04. This indicates a conservatively financed balance sheet.
Aurora Innovation, Inc. (AUR) reported earnings per share (EPS) of $-0.44 in its most recent fiscal year.
Aurora Innovation, Inc. (AUR) has a return on equity (ROE) of -40.6%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 6 years of financial data for Aurora Innovation, Inc. (AUR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Aurora Innovation, Inc. (AUR) has a book value per share of $1.15, based on its most recent annual SEC filing.