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Aurora Innovation (Aurora Innovation) Retained Earnings : $-3,775.00 Mil (As of Mar. 2024)


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What is Aurora Innovation Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aurora Innovation's retained earnings for the quarter that ended in Mar. 2024 was $-3,775.00 Mil.

Aurora Innovation's quarterly retained earnings declined from Sep. 2023 ($-3,418.00 Mil) to Dec. 2023 ($-3,610.00 Mil) and declined from Dec. 2023 ($-3,610.00 Mil) to Mar. 2024 ($-3,775.00 Mil).

Aurora Innovation's annual retained earnings declined from Dec. 2021 ($-1,091.00 Mil) to Dec. 2022 ($-2,814.00 Mil) and declined from Dec. 2022 ($-2,814.00 Mil) to Dec. 2023 ($-3,610.00 Mil).


Aurora Innovation Retained Earnings Historical Data

The historical data trend for Aurora Innovation's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aurora Innovation Retained Earnings Chart

Aurora Innovation Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -335.76 -1,091.00 -2,814.00 -3,610.00

Aurora Innovation Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,010.00 -3,228.00 -3,418.00 -3,610.00 -3,775.00

Aurora Innovation Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Aurora Innovation  (NAS:AUR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Aurora Innovation (Aurora Innovation) Business Description

Traded in Other Exchanges
N/A
Address
1654 Smallman Street, Pittsburgh, PA, USA, 15222
Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The company designs and develops the Aurora Driver, which is the hardware, software, and data services that allow vehicles to drive themselves. Its flagship product, the Aurora Driver, is a platform that brings together software, hardware, and data services, to autonomously operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. The company has partnered with industries across the transportation ecosystem including Toyota, Volvo, PACCAR, Uber, Uber Freight, FedEx, and U.S. Xpress. The company tests its vehicles in the Bay Area, Pittsburgh, and Texas and has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Detroit, MI.
Executives
Sterling Anderson director C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE CA 94042
David Maday officer: See Remarks 1654 SMALLMAN ST, PITTSBURGH PA 15222
Gloria R. Boyland director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Ossa Fisher officer: President 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Nolan Shenai officer: General Counsel and Secretary 1654 SMALLMAN ST,, PITTSBURGH PA 15222
Claire D'oyly-hughes Johnson director C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Uber Technologies, Inc 10 percent owner 1515 3RD STREET, SAN FRANCISCO CA 94158
James Andrew Bagnell director C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Christopher Urmson director, 10 percent owner, officer: See Remarks C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Richard Tame officer: Vice President of Finance C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
William Mouat officer: See Remarks C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Dara Khosrowshahi director C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Brittany Bagley director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025