Joby Aviation
JOBY NYSE· Aerospace & Defense
Last close · Oct 23, 2026
$4.76
KIRA · Stoqly’s AI analyst, in plain words
- Joby Aviation had $53.4M of revenue in fiscal 2025, up 39,183.1% on the year before.
- Its operating margin was −1,346.9%, up 437,442.8 pts: of every 100 in sales, about −1,347 is left after running the business.
- Joby Aviation lost $930M in fiscal 2025.
- Free cash flow was −$564M in fiscal 2025, −1,055.3% of revenue.
- Joby Aviation returned $0.0M to shareholders in fiscal 2025. The diluted share count rose 18.1%.
Market cap
$4.6B
P/E
—
Revenue
$53.4M
Net income
−$930M
Free cash flow
−$564M
Operating margin
−1,346.9%
Joby Aviation in 30 seconds · fiscal 2025
Are sales growing?
+39,183.1%
Yes. Sales grew 39,183.1% last year.
Does it make a profit?
−1,740.5%
No. It lost money last year.
Does profit turn into cash?
−1,055.3%
No. It spent more cash than it brought in.
What Joby Aviation does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- Joby Aviation, Inc.
- CIK
- 0001819848
Joby Aviation · JOBY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $0.0M | $1.0M | $0.1M | $53.4M |
| Revenue growth | — | — | — | −86.8% | 39,183.1% |
| Operating margin | — | — | −45,745.5% | −438,789.7% | −1,346.9% |
| Net income | −$180M | −$258M | −$513M | −$608M | −$930M |
| Net margin | — | — | −49,714.2% | −447,083.8% | −1,740.5% |
| Diluted EPS | −$0.61 | −$0.44 | −$0.79 | −$0.87 | −$1.13 |
| Cash | |||||
| Cash from operations | −$196M | −$236M | −$314M | −$436M | −$510M |
| Capital expenditure | $32.3M | $54.9M | $30.6M | $40.6M | $53.9M |
| Free cash flow | −$228M | −$291M | −$344M | −$477M | −$564M |
| FCF margin | — | — | −33,374.8% | −350,650.0% | −1,055.3% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 183.7% | 98.6% | 10.7% | 8.0% | 18.1% |
| Debt and strength | |||||
| Cash and short-term investments | $1.3B | $1.1B | $1.0B | $933M | $1.4B |
| Shareholders' equity | $1.3B | $1.2B | $1.0B | $912M | $1.4B |
| Current ratio | 95.2x | 35.9x | 23.4x | 20.1x | 24.1x |
| Interest coverage | −106.8x | −3,323.8x | — | — | — |
| Returns and quality | |||||
| Return on equity | −34.9% | −20.8% | −46.7% | −62.5% | −80.1% |
| Altman Z'' | 11.6 | 11.0 | 4.1 | −0.1 | 1.2 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$52.0M
9 insiders
Of sales under plans
89%
$46.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Joby Aviation · JOBY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Joby Aviation JOBY | $4.6B | 39,183.1% | −1,346.9% | −1,055.3% | — | — | — |
| Intuitive Machines LUNR | $1.7B | −7.9% | −41.5% | −26.6% | — | — | 3 |
| Planet Labs PL | $4.8B | 25.9% | −30.9% | 18.7% | −70.1% | — | 3 |
| Kratos Defense & Security So... KTOS | $7.4B | 18.5% | 1.9% | −10.2% | 1.2% | — | 4 |
| Hexcel HXL | $6.1B | −0.5% | 9.1% | 8.3% | 6.5% | 35.9x | 6 |
KIRA
At $4.76 a share, the company is worth $4.6B.
Joby Aviation grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001819848). Data updated October 12, 2026. For information only — not investment advice. Check the original filings before relying on any figure.