Joby Aviation, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $53.4M | $136,000 | $1.0M | $0 | $0 |
| Selling, general & administrative | $162.6M | $119.7M | $105.9M | $95.9M | $61.5M |
| Research and development | $581.1M | $477.2M | $367.0M | $296.3M | $197.6M |
| Operating expenses | $773.0M | $596.9M | $473.1M | $392.2M | $259.1M |
| Operating income | -$719.6M | -$596.8M | -$472.1M | -$392.2M | -$259.1M |
| Interest expense | — | — | — | $118,000 | $2.4M |
| Pretax income | -$928.5M | -$607.9M | -$512.9M | -$258.0M | -$190.9M |
| Income tax expense | $1.3M | $129,000 | $139,000 | $92,000 | -$10.5M |
| Net income | -$929.8M | -$608.0M | -$513.0M | -$258.0M | -$180.3M |
| Balance Sheet | |||||
| Cash and equivalents | $240.8M | $199.6M | $204.0M | $146.1M | $955.6M |
| Current assets | $1.4B | $969.6M | $1.1B | $1.1B | $1.3B |
| Total assets | $1.8B | $1.2B | $1.3B | $1.3B | $1.5B |
| Current liabilities | $60.0M | $48.1M | $45.1M | $30.2M | $13.8M |
| Total liabilities | $385.4M | $291.1M | $235.1M | $128.2M | $171.6M |
| Stockholders' equity | $1.4B | $912.4M | $1.0B | $1.2B | $1.3B |
| Cash Flow Statement | |||||
| Cash from operations | -$509.9M | -$436.3M | -$313.8M | -$235.9M | -$195.7M |
| Depreciation and amortization | $40.2M | $35.6M | $30.5M | $24.0M | $15.9M |
| Stock-based compensation | $127.9M | $104.4M | $93.6M | $69.1M | $26.9M |
| Capital expenditure | $53.9M | $40.6M | $30.6M | $54.9M | $32.3M |
| Free cash flow | -$563.8M | -$476.9M | -$344.4M | -$290.8M | -$228.1M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 983.6M · Free float 35.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.