Joby Aviation (JOBY) Financial Statements & Analysis

Joby Aviation (JOBY) Income Statement

Joby Aviation reported revenue of $53.42M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 39183.1% from $136.00K a year earlier. Joby Aviation posted a net loss of $929.84M, compared with a net loss of $608.03M a year earlier. Gross margin was 45.1% and operating margin -1346.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $38.64M, up 257493.3% from the same quarter a year earlier.

Joby Aviation Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Joby Aviation, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	53.43	0.14	1.03	0.00	0.00	0.00
Cost of Revenue	29.33	0.07	0.20	0.00	0.00	0.00
Gross Profit	24.10	0.07	0.83	0.00	0.00	0.00
Operating Expenses
Research & Development	581.10	477.16	367.05	296.28	197.57	108.74
Selling, General & Administrative	162.59	119.67	105.88	95.92	61.52	23.50
Operating Expenses	743.69	596.82	472.93	392.20	259.09	132.24
Operating Income	-719.59	-596.75	-472.09	-392.20	-259.09	-132.24
Other Income/Expense
Interest Income	43.16	42.82	45.56	16.79	1.15	5.65
Interest Expense	0.00	0.00	0.00	0.12	1.28	0.25
Other Income/Expense	-208.94	-53.97	-40.82	117.47	69.51	18.10
Income
Income Before Tax	-928.54	-607.91	-512.91	-257.95	-190.86	-114.13
Income Tax Expense	1.31	0.13	0.14	0.09	-10.54	0.03
Net Income	-929.84	-608.03	-513.05	-258.04	-180.32	-114.16
Net Income - Continuous Operations	-929.84	-608.03	-513.05	-258.04	-180.32	-114.16
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-679.43	-561.18	-482.42	-368.21	-173.64	-124.83
EBIT	-719.59	-596.75	-472.09	-392.20	-189.58	-132.24
Depreciation & Amortization	40.16	35.57	30.49	24.00	15.94	7.40
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-	-1.00	-
Diluted EPS	-1.00	-1.00	-1.00	-	-1.00	-
Basic Shares Outstanding	826.24	699.79	647.91	585.54	294.85	603.89
Diluted Shares Outstanding	826.24	699.79	647.91	585.54	294.85	603.89

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Joby Aviation Financial Statements

What was Joby Aviation's revenue in fiscal 2025?

Joby Aviation reported revenue of $53.42M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 39183.1% from $136.00K a year earlier.

Is Joby Aviation profitable?

No. Joby Aviation reported a net loss of $929.84M in fiscal 2025. In fiscal 2024 it lost $608.03M.

What is Joby Aviation's operating margin?

Joby Aviation's operating income was −$719.59M on revenue of $53.42M in fiscal 2025, an operating margin of -1346.9%, compared with -438789.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition