JOBY · XBRL financial data
Joby Aviation financial statements, every fiscal year
The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (JOBY's year ends in late December)
| In millions of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | — | 0 | 0 | 1 | 0 | 53 |
| Research and development | 109 | 198 | 296 | 367 | 477 | 581 |
| Selling, general and administrative | 23 | 62 | 96 | 106 | 120 | 163 |
| Total operating expenses | 132 | 259 | 392 | 473 | 597 | 773 |
| Operating income (loss) | (132) | (259) | (392) | (472) | (597) | (720) |
| Interest income | 6 | 1 | 17 | 46 | 43 | 43 |
| Interest expense | 0 | 2 | 0 | — | — | — |
| Income tax expense (benefit) | 0 | (11) | 0 | 0 | 0 | 1 |
| Net income (loss) | (114) | (180) | (258) | (513) | (608) | (930) |
| Earnings per share, basic USD per share | (1.10) | (0.61) | (0.44) | (0.79) | (0.87) | (1.13) |
| Earnings per share, diluted USD per share | (1.10) | (0.61) | (0.44) | (0.79) | (0.87) | (1.13) |
| Weighted average shares, basic millions of shares | 104 | 295 | 586 | 648 | 700 | 826 |
| Weighted average shares, diluted millions of shares | 104 | 295 | 586 | 648 | 700 | 826 |
- † Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (JOBY's year ends in late December)
| In millions of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 956 | 146 | 204 | 200 | 241 |
| Short-term investments | 369 | 343 | 911 | 828 | 733 | 1,167 |
| Prepaid and other current assets | 3 | 17 | 20 | 19 | 21 | 30 |
| Total current assets | 2 | 1,319 | 1,084 | 1,056 | 970 | 1,446 |
| Property and equipment, net | 34 | 53 | 92 | 103 | 121 | — |
| Right-of-use asset | — | 0 | 25 | 28 | 29 | 32 |
| Goodwill | 0 | 11 | 14 | 14 | 14 | 89 |
| Total assets | 692 | 1,488 | 1,293 | 1,269 | 1,203 | 1,795 |
| Accounts payable | 0 | 4 | 8 | 3 | 4 | 4 |
| Accrued liabilities | 0 | — | — | — | — | — |
| Total current liabilities | 0 | 14 | 30 | 45 | 48 | 60 |
| Long-term debt | — | — | — | — | — | 0 |
| Lease liability, non-current | — | 0 | 24 | 26 | 26 | 26 |
| Total liabilities | 125 | 172 | 128 | 235 | 291 | 385 |
| Accumulated deficit | (64) | (477) | (735) | (1,248) | (1,856) | (2,786) |
| Total stockholders' equity | 5 | 1,317 | 1,165 | 1,034 | 912 | 1,410 |
| Total liabilities and equity | 692 | 1,488 | 1,293 | 1,269 | 1,203 | 1,795 |
| Common shares outstanding (cover page) millions of shares | 122 | 606 | 629 | 703 | 788 | 979 |
- † Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (JOBY's year ends in late December)
| In millions of dollars | Dec 31, 2020 | †Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (114) | (180) | (258) | (513) | (608) | (930) |
| Stock-based compensation | 7 | 27 | 69 | 94 | 104 | 128 |
| Depreciation and amortization | 7 | 16 | 24 | 30 | 36 | 40 |
| Net cash from operating activities | (106) | (196) | (236) | (314) | (436) | (510) |
| Purchases of property and equipment | 24 | 32 | 55 | 31 | 41 | 54 |
| Net cash from investing activities | (393) | (19) | (631) | 80 | 71 | (475) |
| Proceeds from issuing common stock | — | 0 | 0 | 7 | — | — |
| Net cash from financing activities | 69 | 1,093 | 60 | 288 | 361 | 1,027 |
| Net change in cash | (430) | 878 | (806) | 55 | (4) | 41 |
- † Share count changed about 5x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3721 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3721 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Joby Aviation | 630 | 39 | (173)* | 989.1M | 13.1 quarters | 10-QJun 30, 2026 |
| Archer Aviation | 853 | 5 | (156)* | 770.0M | 10.0 quarters | 10-QJun 30, 2026 |
| Kratos Defense & Security Solutions | 1,438 | 459 | (11)* | 187.7M | 130.7 quarters | 10-QJun 28, 2026 |
| StandardAero | 179 | 1,600 | 72* | 330.9M | — | 10-QJun 30, 2026 |
| Loar Holdings | 122 | 172 | 30* | 93.7M | — | 10-QJun 30, 2026 |
| NextBoat | 7.7 | 59 | 2.8* | 25.1M | — | 10-QJun 30, 2026 |
| Leonardo DRS | 294 | 1,066 | 96* | 266.6M | — | 10-QSep 30, 2026 |
| Huntington Ingalls Industries | 387 | 3,537 | 520* | 39.4M | — | 10-QSep 30, 2026 |
| Karman Holdings | 52 | 182 | (3.2)* | 132.5M | 16.3 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.