Joby Aviation, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:21:28Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -565.30M | -479.04M | -345.01M | -291.59M | -228.09M | -129.61M |
| EBITDA | -679.43M | -561.18M | -441.60M | -368.21M | -243.15M | -124.83M |
| Working Capital | 1.39B | 921.47M | 1.01B | 1.05B | 1.30B | 443.18M |
| Net Debt | -196.54M | -161.98M | -167.35M | -117.44M | -935.56M | — |
| Operating Margin | -1346.92% | -438789.71% | -45745.54% | — | — | — |
| Net Margin | -1740.46% | -447083.82% | -49714.15% | — | — | — |
| Return on Equity (ROE) | -65.96% | -66.64% | -49.60% | -22.15% | -13.69% | 40.32% |
| Return on Assets (ROA) | -51.80% | -50.52% | -40.42% | -19.96% | -12.12% | -22.96% |
| Current Ratio | 24.09× | 20.14× | 23.39× | 35.90× | 95.22× | 56.36× |
| Debt-to-Equity | 0.03× | 0.04× | 0.04× | 0.02× | 0.02× | — |
| Effective Tax Rate | -0.14% | -0.02% | -0.03% | -0.04% | 5.52% | -0.03% |
| Cash Conversion Ratio | 0.55× | 0.72× | 0.61× | 0.91× | 1.09× | 0.93× |
| Accruals Ratio | -0.23× | -0.14× | -0.16× | -0.02× | 0.01× | -0.02× |
| SBC % of Revenue | 239.38% | 76798.53% | 9073.26% | — | — | — |
| CapEx Coverage | -9.20× | -10.20× | -10.07× | -4.24× | -6.05× | -4.47× |
| Free Cash Flow Per Share | $-0.68 | $-0.68 | $-0.53 | $-0.50 | $-0.77 | $-1.25 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 53.42M | 136.00K | 1.03M | 0 | 0 | — |
| Research and Development Expense | 581.10M | 477.16M | 367.05M | 296.28M | 197.57M | 108.74M |
| Selling, General and Administrative Expense | 162.59M | 119.67M | 105.88M | 95.92M | 61.52M | 23.50M |
| Operating Expenses | 773.02M | 596.89M | 473.13M | 392.20M | 259.09M | 132.24M |
| Operating Income (Loss) | -719.59M | -596.75M | -472.09M | -392.20M | -259.09M | -132.24M |
| Income Tax Expense (Benefit) | 1.31M | 129.00K | 139.00K | 92.00K | -10.54M | 31.00K |
| Net Income (Loss) Attributable to Parent | -929.84M | -608.03M | -513.05M | -258.04M | -180.32M | -114.16M |
| Earnings Per Share, Basic | $-1.13 | $-0.87 | $-0.79 | $-0.44 | $-0.61 | $-1.10 |
| Weighted Average Number of Shares Outstanding, Basic | 826.24M | 699.79M | 647.91M | 585.54M | 294.85M | 103.95M |
| Earnings Per Share, Diluted | $-1.13 | $-0.87 | $-0.79 | $-0.44 | $-0.61 | $-1.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 826.24M | 699.79M | 647.91M | 585.54M | 294.85M | 103.95M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 240.81M | 199.63M | 204.02M | 146.10M | 955.56M | 77.34M |
| Assets, Current | 1.45B | 969.61M | 1.06B | 1.08B | 1.32B | 451.18M |
| Assets | 1.80B | 1.20B | 1.27B | 1.29B | 1.49B | 497.25M |
| Long-term Debt | 0 | — | — | — | — | — |
| Liabilities, Current | 60.03M | 48.13M | 45.14M | 30.20M | 13.85M | 8.01M |
| Long-term Debt, Excluding Current Maturities | 0 | — | — | — | — | — |
| Liabilities | 385.36M | 291.10M | 235.07M | 128.24M | 171.60M | 12.11M |
| Stockholders' Equity Attributable to Parent | 1.41B | 912.36M | 1.03B | 1.16B | 1.32B | -283.17M |
| Common Stock, Shares, Outstanding | 915.08M | 784.18M | 698.26M | 622.60M | 604.17M | 122.06M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -509.89M | -436.27M | -313.83M | -235.93M | -195.75M | -105.90M |
| Payments to Acquire Property, Plant, and Equipment | 53.92M | 40.62M | 30.60M | 54.89M | 32.34M | 23.71M |
| Net Cash Provided by (Used in) Investing Activities | -475.42M | 70.76M | 80.30M | -630.79M | -18.74M | -393.16M |
| Net Cash Provided by (Used in) Financing Activities | 1.03B | 361.11M | 288.24M | 60.46M | 1.09B | 69.22M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -222.36M | -166.98M | -396.83M | -244.62M | -125.92M | -135.92M |
| EBITDA | -222.59M | -195.71M | — | — | -154.15M | -140.40M |
| Working Capital | 2.40B | 1.39B | 943.74M | 955.62M | 793.98M | 921.47M |
| Net Debt | -126.80M | -196.54M | -162.76M | -305.40M | -90.67M | -161.98M |
| Operating Margin | -963.38% | -670.57% | -804.76% | -1119093.33% | — | -272500.00% |
| Net Margin | -453.48% | -394.14% | -1777.38% | -2164493.33% | — | -447776.36% |
| Return on Equity (ROE) | -5.62% | -8.62% | -44.76% | -36.14% | -9.59% | -26.99% |
| Return on Assets (ROA) | -3.76% | -6.77% | -29.37% | -25.77% | -7.60% | -20.46% |
| Current Ratio | 22.05× | 24.09× | 13.61× | 17.23× | 17.72× | 20.14× |
| Debt-to-Equity | 0.38× | 0.03× | 0.05× | 0.03× | 0.04× | 0.04× |
| Effective Tax Rate | -0.15% | -0.89% | -0.02% | -0.03% | -0.05% | 0.19% |
| Cash Conversion Ratio | 1.31× | 1.26× | 0.89× | 0.67× | 1.35× | 0.49× |
| Accruals Ratio | 0.01× | 0.02× | -0.03× | -0.09× | 0.03× | -0.10× |
| SBC % of Revenue | 181.66% | 134.39% | 382.95% | 357180.00% | — | 39392.73% |
| CapEx Coverage | -1.85× | -11.09× | -8.89× | -8.03× | -7.42× | -7.81× |
| Free Cash Flow Per Share | $-0.24 | $-0.20 | $-0.47 | $-0.31 | $-0.16 | $-0.19 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 24.25M | 30.84M | 22.57M | 15.00K | 0 | 55.00K |
| Research and Development Expense | 177.47M | 161.26M | 149.16M | 136.39M | 134.29M | 122.39M |
| Selling, General and Administrative Expense | 61.55M | 57.09M | 45.02M | 31.48M | 29.00M | 27.52M |
| Operating Expenses | 257.83M | 237.61M | 204.24M | 167.88M | 163.28M | 149.93M |
| Operating Income (Loss) | -233.58M | -206.78M | -181.67M | -167.86M | -163.28M | -149.88M |
| Income Tax Expense (Benefit) | 168.00K | 1.08M | 83.00K | 106.00K | 40.00K | -470.00K |
| Net Income (Loss) Attributable to Parent | -109.95M | -121.54M | -401.23M | -324.67M | -82.41M | -246.28M |
| Earnings Per Share, Basic | $-0.12 | $-0.12 | $-0.48 | $-0.41 | $-0.11 | $-0.34 |
| Weighted Average Number of Shares Outstanding, Basic | 943.50M | 826.24M | 844.55M | 796.80M | 766.91M | 699.79M |
| Earnings Per Share, Diluted | $-0.12 | $-0.12 | $-0.48 | $-0.41 | $-0.11 | $-0.34 |
| Weighted Average Number of Shares Outstanding, Diluted | 943.50M | 826.24M | 844.55M | 796.80M | 766.91M | 699.79M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 874.52M | 240.81M | 208.37M | 336.31M | 122.29M | 199.63M |
| Assets, Current | 2.51B | 1.45B | 1.02B | 1.01B | 841.48M | 969.61M |
| Assets | 2.93B | 1.80B | 1.37B | 1.26B | 1.08B | 1.20B |
| Long-term Debt | 701.06M | 0 | — | — | — | — |
| Liabilities, Current | 113.88M | 60.03M | 74.86M | 58.90M | 47.50M | 48.13M |
| Long-term Debt, Excluding Current Maturities | 701.06M | 0 | — | — | — | — |
| Liabilities | 969.94M | 385.36M | 469.86M | 361.58M | 224.58M | 291.10M |
| Stockholders' Equity Attributable to Parent | 1.96B | 1.41B | 896.45M | 898.29M | 859.44M | 912.36M |
| Common Stock, Shares, Outstanding | 980.64M | 915.08M | 874.28M | 850.62M | 789.29M | 784.18M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -144.44M | -153.17M | -356.73M | -217.53M | -110.97M | -120.50M |
| Payments to Acquire Property, Plant, and Equipment | 77.92M | 13.81M | 40.11M | 27.09M | 14.95M | 15.42M |
| Net Cash Provided by (Used in) Investing Activities | -505.49M | -408.51M | -66.90M | 56.16M | 31.59M | -188.63M |
| Net Cash Provided by (Used in) Financing Activities | 1.28B | 594.00M | 432.65M | 297.99M | 2.04M | 356.46M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (JOBY CIK 0001819848),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.