SequelSEC

Joby Aviation, Inc. JOBY

Aircraft · CIK 0001819848 · Fiscal year ends 1231

Revenue
$53.42M
Fiscal year ended 2025-12-31
Operating income
-$719.59M
Fiscal year ended 2025-12-31
Free cash flow
-$563.81M
Fiscal year ended 2025-12-31

Joby Aviation, Inc. (JOBY) reported revenue of $53.42M and net income of -$929.84M for the fiscal year ended 2025-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from Joby Aviation, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Aircraft.

Income

Joby Aviation, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue$53.42M$136.00K$1.03M$0$0
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$719.59M-$596.75M-$472.09M-$392.20M-$259.09M
Net income-$929.84M-$608.03M-$513.05M-$258.04M-$180.32M
Research & development$581.10M$477.16M$367.05M$296.28M$197.57M
Weighted-average diluted sharesshares 826.24Mshares 699.79Mshares 647.91Mshares 585.54Mshares 294.85M
Pretax income-$928.54M-$607.90M-$512.91M-$257.95M-$190.86M
Income tax expense$1.31M$129.00K$139.00K$92.00K-$10.54M
Diluted EPS$-1.13$-0.87$-0.79$-0.44$-0.61
Selling, general & administrative$162.59M$119.67M$105.88M$95.92M$61.52M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Joby Aviation, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Cash & equivalents$240.81M$199.63M$204.02M$146.10M$955.56M
Total assets$1.80B$1.20B$1.27B$1.29B$1.49B
Current assets$1.45B$969.60M$1.06B$1.08B$1.32B
Total liabilities$385.36M$291.10M$235.07M$128.24M$171.60M
Current liabilities$60.03M$48.13M$45.14M$30.20M$13.85M
Total equity incl. NCI$1.41B$912.36M$1.03B$1.16B$1.32B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable$0
InventoryUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$89.42M$14.32M$14.01M$14.01M$10.76M
Long-term debt$0UnavailableUnavailableUnavailableUnavailable
Accounts payable$3.60M$4.26M$3.01M$7.71M$3.64M

Cash flow

Joby Aviation, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Operating cash flow-$509.89M-$436.27M-$313.83M-$235.92M-$195.75M
Capital expenditures$53.92M$40.62M$30.60M$54.89M$32.34M
Investing cash flow-$475.42M$70.76M$80.30M-$630.79M-$18.74M
Financing cash flow$1.03B$361.11M$288.24M$60.46M$1.09B
Net change in cash$41.33M-$4.39M$54.71M-$806.26M$878.30M
Stock-based compensation$127.89M$104.45M$93.64M$69.07M$26.93M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$40.16M$35.57M$30.49M$24.00M$15.94M

Derived

Joby Aviation, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Free cash flow-$563.81M-$476.88M-$344.43M-$290.82M-$228.09M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin-1346.9%-438789.7%-45745.5%UnavailableUnavailable
FCF margin-1055.3%-350650.0%-33374.8%UnavailableUnavailable
SBC / revenue239.4%76798.5%9073.3%UnavailableUnavailable
Current ratio24.09x20.14x23.39x35.90x95.22x
Revenue YoY growth39183.1%-86.8%UnavailableUnavailableUnavailable
Net margin-1740.5%-447083.8%-49714.1%UnavailableUnavailable
R&D / revenue1087.7%350850.0%35566.8%UnavailableUnavailable
CapEx / revenue100.9%29865.4%2964.8%UnavailableUnavailable
Long-term debt / equity0.00xUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open JOBY in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.