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Financials · JOBY

Joby Aviation Inc. (JOBY) financials

For the twelve months ended Sep 30, 2026, Joby Aviation Inc. reported $148.81M of revenue and -$688.76M of net income.

Revenue, TTM
$148.81M
Revenue growth, YoY
+557.2%
Net income, TTM
-$688.76M
Net margin
-462.8%
Free cash flow, TTM
-$784.49M
EPS, diluted, TTM
-$0.72
Cash
$521.53M
Total debt
$702.57M
P/S
42.22
Market cap
$6.28B
Annual revenue$53.42M
FY2021FY2025
Annual net income-$929.84M
FY2020FY2025
Annual free cash flow-$563.81M
FY2020FY2025

JOBY revenue and earnings growth

JOBY revenueQ3 2026$55.09M

Quarter YoY
+144.0%
QoQ
+42.6%
FY YoY
393x

JOBY revenue was $55.09M in fiscal Q3 2026 (ended Sep 30, 2026), up 144.0% from a year earlier and up 42.6% from the prior quarter. For the full fiscal 2025 it was $53.42M, up about 393-fold from fiscal 2024. Fiscal 2025 is the highest of the 5 fiscal years on file.

JOBY net incomeQ3 2026-$211.83M

JOBY net income was -$211.83M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$401.23M a year earlier. For the full fiscal 2025 it was -$929.84M, compared with -$608.03M in fiscal 2024.

JOBY EPSQ3 2026-$0.22

JOBY diluted EPS was -$0.22 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.48 a year earlier. For the full fiscal 2025 it was -$1.13, compared with -$0.87 in fiscal 2024.

JOBY free cash flowQ3 2026-$193.38M

JOBY free cash flow was -$193.38M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$152.21M a year earlier. For the full fiscal 2025 it was -$563.81M, compared with -$476.88M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Revenue$53.42M$136.0K$1.03M$0$0-
Research and development$581.10M$477.16M$367.05M$296.28M$197.57M$108.74M
Selling, general and admin$162.59M$119.67M$105.88M$95.92M$61.52M$23.50M
Operating income-$719.59M-$596.75M-$472.09M-$392.20M-$259.09M-$132.24M
Interest expense---$118.0K$2.43M$249.0K
Pre-tax income-$928.53M-$607.90M-$512.91M-$257.95M-$190.86M-$114.13M
Income tax$1.31M$129.0K$139.0K$92.0K-$10.54M$31.0K
Net income-$929.84M-$608.03M-$513.05M-$258.04M-$180.32M-$114.16M
EPS, basic-$1.13-$0.87-$0.79-$0.44-$0.61-$1.10
EPS, diluted-$1.13-$0.87-$0.79-$0.44-$0.61-$1.10
Diluted shares826.2M699.8M647.9M585.5M294.9M103.9M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Cash and equivalents$240.81M$200.39M$204.02M$150.07M$956.33M$78.03M
Short-term investments$1.17B$733.22M$828.23M$910.69M$343.25M$368.59M
Current assets$1.45B$969.61M$1.06B$1.08B$1.32B$451.18M
Goodwill$89.42M$14.32M$14.01M$14.01M$10.76M$0
Total assets$1.80B$1.20B$1.27B$1.29B$1.49B$497.25M
Current liabilities$60.03M$48.13M$45.14M$30.20M$13.85M$8.01M
Long-term debt$0-----
Total debt$0-----
Total liabilities$385.36M$291.10M$235.07M$128.24M$171.60M$12.11M
Shareholders' equity$1.41B$912.36M$1.03B$1.16B$1.32B-$283.17M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Operating cash flow-$509.89M-$436.27M-$313.83M-$235.93M-$195.75M-$105.90M
Capital expenditures$53.92M$40.62M$30.60M$54.89M$32.34M$23.71M
Free cash flow-$563.81M-$476.88M-$344.43M-$290.81M-$228.09M-$129.61M
Investing cash flow-$475.42M$70.76M$80.30M-$630.79M-$18.74M-$393.16M
Financing cash flow$1.03B$361.11M$288.24M$60.46M$1.09B$69.22M
Stock-based compensation$127.89M$104.45M$93.64M$69.07M$26.93M$7.18M
Depreciation and amortization$40.16M$35.57M$30.49M$24.00M$15.94M$7.40M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Revenue growth, YoY39183.1%-86.8%----
Operating margin-1346.9%-438789.7%-45745.5%---
Net margin-1740.5%-447083.8%-49714.1%---
Free cash flow margin-1055.3%-350650.0%-33374.8%---
Return on equity-66.0%-66.6%-49.6%-22.2%-13.7%-
Return on assets-51.8%-50.5%-40.4%-20.0%-12.1%-23.0%
Current ratio24.0920.1423.3935.9095.2256.36
Debt to equity0.00-----

Source: XBRL data Joby Aviation Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

JOBY peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
JOBY$148.81M+557.2%-$688.76M-462.8%$6.28B
ACHR$12.00M--$944.30M-7869.2%$3.75B
EVEX---$225.01M-$679.6M
EVTL--£232.93M-$65.1M

JOBY FAQ

8 questions
  • What is JOBY revenue?
    Joby Aviation Inc. (JOBY) reported $148.81M of revenue for the twelve months ended Sep 30, 2026. That is up 557.2% from the year before. Revenue for fiscal 2025 was $53.42M.
  • Is JOBY profitable?
    No. Joby Aviation Inc. reported a net loss of $688.76M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does JOBY have?
    Joby Aviation Inc. reported $521.53M in cash and cash equivalents and $702.57M of debt on its most recent balance sheet in SEC filings.
  • How fast is JOBY revenue growing?
    Joby Aviation Inc.'s revenue changed 393x in fiscal 2025, to $53.42M.
  • What is JOBY free cash flow?
    Joby Aviation Inc. generated -$784.49M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$639.39M less capital expenditures.
  • What is JOBY earnings per share?
    Diluted earnings per share were -$0.72 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did JOBY last report financial results?
    The latest statements here come from Joby Aviation Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this JOBY financial data come from?
    Quantisnow builds these statements from the structured XBRL data Joby Aviation Inc. files with the SEC. It is provided for information only and is not investment advice.