JOBY-WT Financials
JOBY-WT (JOBY-WT) reported $53.4M in revenue for fiscal year 2025, up 39183.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
External capital still powers the business: engineering spend and development work absorb far more cash than customers currently provide.
In FY2025,$1.03B of financing inflow nearly matched the-$985.3M used by operations and investing combined, so the asset base was being sustained by fundraising rather than by customers. Rising share count from 698.3M in FY2023 to 915.1M in FY2025, with no long-term debt reported, points to a mostly equity-funded build phase and explains why large losses have not translated into debt strain.
Capital intensity sits in development expense, not in plant build-out: FY2025 R&D reached
Liquidity looks ample in the near term: current assets of
Financial Health Signals
JOBY-WT does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
JOBY-WT passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
JOBY-WT reported a net loss of $929.8M while operations used $509.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
JOBY-WT generated $53.4M in revenue in fiscal year 2025. This represents an increase of 39183.1% from the prior year.
JOBY-WT's EBITDA was -$679.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 21.1% from the prior year.
JOBY-WT reported -$929.8M in net income in fiscal year 2025. This represents a decrease of 52.9% from the prior year.
JOBY-WT earned -$1.13 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 29.9% from the prior year.
Cash & Balance Sheet
JOBY-WT recorded an outflow of $563.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 18.2% from the prior year.
JOBY-WT held $240.8M in cash against $0 in long-term debt as of fiscal year 2025.
JOBY-WT paid $0.00 per share in dividends in fiscal year 2025.
Margins & Returns
JOBY-WT's ROE was -66.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the prior year.
Not reported for fiscal year 2025.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
JOBY-WT invested $581.1M in research and development in fiscal year 2025. This represents an increase of 21.8% from the prior year.
JOBY-WT invested $53.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 32.7% from the prior year.
Not reported for fiscal year 2025.
JOBY-WT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | $53.4M+39183.1% | $136K-86.8% | $1.0M | $0 | $0 | N/A |
| R&D Expenses | N/A | $581.1M+21.8% | $477.2M+30.0% | $367.0M+23.9% | $296.3M+50.0% | $197.6M+81.7% | $108.7M |
| SG&A Expenses | N/A | $162.6M+35.9% | $119.7M+13.0% | $105.9M+10.4% | $95.9M+55.9% | $61.5M+161.8% | $23.5M |
| Operating Income | N/A | -$719.6M-20.6% | -$596.8M-26.4% | -$472.1M-20.4% | -$392.2M-51.4% | -$259.1M-95.9% | -$132.2M |
| Interest Expense | N/A | N/A | N/A | N/A | $118K-95.1% | $2.4M+874.3% | $249K |
| Income Tax | N/A | $1.3M+913.2% | $129K-7.2% | $139K+51.1% | $92K+100.9% | -$10.5M-34090.3% | $31K |
| Net Income | N/A | -$929.8M-52.9% | -$608.0M-18.5% | -$513.0M-98.8% | -$258.0M-43.1% | -$180.3M-58.0% | -$114.2M |
| EPS (Diluted) | — | -$1.13-29.9% | -$0.87-10.1% | -$0.79-79.5% | -$0.44 | -$0.61 | -$1.10 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
JOBY-WT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $1.8B+49.2% | $1.2B-5.2% | $1.3B-1.8% | $1.3B-13.1% | $1.5B+199.3% | $497.3M |
| Current Assets | $1.4B+49.1% | $969.6M-8.2% | $1.1B-2.6% | $1.1B-17.8% | $1.3B+192.2% | $451.2M |
| Cash & Equivalents | $240.8M+20.6% | $199.6M-2.2% | $204.0M+39.6% | $146.1M-84.7% | $955.6M+1135.6% | $77.3M |
| Goodwill | $89.4M+524.4% | $14.3M+2.2% | $14.0M0.0% | $14.0M+30.3% | $10.8M | $0 |
| Total Liabilities | $385.4M+32.4% | $291.1M+23.8% | $235.1M+83.3% | $128.2M-25.3% | $171.6M-78.0% | $780.4M |
| Current Liabilities | $60.0M+24.7% | $48.1M+6.6% | $45.1M+49.4% | $30.2M+118.1% | $13.8M+73.0% | $8.0M |
| Long-Term Debt | $0 | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.4B+54.5% | $912.4M-11.8% | $1.0B-11.2% | $1.2B-11.5% | $1.3B+565.0% | -$283.2M |
| Retained Earnings | -$2.8B-50.1% | -$1.9B-48.7% | -$1.2B-69.8% | -$734.7M-54.1% | -$476.6M-60.9% | -$296.3M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
JOBY-WT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$609.9M | -$509.9M-16.9% | -$436.3M-39.0% | -$313.8M-33.0% | -$235.9M-20.5% | -$195.7M-84.8% | -$105.9M |
| Capital Expenditures | $133.4M | $53.9M+32.7% | $40.6M+32.7% | $30.6M-44.3% | $54.9M+69.7% | $32.3M+36.4% | $23.7M |
| Free Cash Flow | -$743.3M | -$563.8M-18.2% | -$476.9M-38.5% | -$344.4M-18.4% | -$290.8M-27.5% | -$228.1M-76.0% | -$129.6M |
| Investing Cash Flow | -$1.1B | -$475.4M-771.8% | $70.8M-11.9% | $80.3M+112.7% | -$630.8M-3266.7% | -$18.7M+95.2% | -$393.2M |
| Financing Cash Flow | $2.0B | $1.0B+184.3% | $361.1M+25.3% | $288.2M+376.8% | $60.5M-94.5% | $1.1B+1478.7% | $69.2M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
JOBY-WT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Operating Margin | -1346.9% | -438789.7% | -45745.5% | N/A | N/A | N/A |
| Net Margin | -1740.5% | -447083.8% | -49714.2% | N/A | N/A | N/A |
| Return on Equity | -66.0%+0.7pp | -66.6%-17.0pp | -49.6%-27.4pp | -22.1%-8.5pp | -13.7% | N/A |
| Return on Assets | -51.8%-1.3pp | -50.5%-10.1pp | -40.4%-20.5pp | -20.0%-7.8pp | -12.1%+10.8pp | -23.0% |
| Current Ratio | 24.09+3.9x | 20.14-3.2x | 23.39-12.5x | 35.90-59.3x | 95.22+38.9x | 56.36 |
| Debt-to-Equity | 0.00-0.3x | 0.32+0.1x | 0.23+0.1x | 0.110.0x | 0.13 | N/A |
| FCF Margin | -1055.3% | -350650.0% | -33374.8% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where JOBY-WT Ranks
Frequently Asked Questions
What is JOBY-WT's annual revenue?
JOBY-WT (JOBY-WT) reported $53.4M in total revenue for fiscal year 2025. This represents a 39183.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is JOBY-WT's revenue growing?
JOBY-WT (JOBY-WT) revenue grew by 39183.1% year-over-year, from $136K to $53.4M in fiscal year 2025.
Is JOBY-WT profitable?
No, JOBY-WT (JOBY-WT) reported a net income of -$929.8M in fiscal year 2025.
What is JOBY-WT's EBITDA?
JOBY-WT (JOBY-WT) had EBITDA of -$679.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does JOBY-WT have?
As of fiscal year 2025, JOBY-WT (JOBY-WT) had $240.8M in cash and equivalents against $0 in long-term debt.
What is JOBY-WT's return on equity (ROE)?
JOBY-WT (JOBY-WT) has a return on equity of -66.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is JOBY-WT's free cash flow?
JOBY-WT (JOBY-WT) recorded an outflow of $563.8M in free cash flow during fiscal year 2025. This represents a -18.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is JOBY-WT's operating cash flow?
JOBY-WT (JOBY-WT) recorded an outflow of $509.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are JOBY-WT's total assets?
JOBY-WT (JOBY-WT) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are JOBY-WT's capital expenditures?
JOBY-WT (JOBY-WT) invested $53.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does JOBY-WT spend on research and development?
JOBY-WT (JOBY-WT) invested $581.1M in research and development during fiscal year 2025.
What is JOBY-WT's current ratio?
JOBY-WT (JOBY-WT) had a current ratio of 24.09 as of fiscal year 2025, which is generally considered healthy.
What is JOBY-WT's debt-to-equity ratio?
JOBY-WT (JOBY-WT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is JOBY-WT's return on assets (ROA)?
JOBY-WT (JOBY-WT) had a return on assets of -51.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is JOBY-WT's cash runway?
Based on fiscal year 2025 data, JOBY-WT (JOBY-WT) had $240.8M in cash against an annual operating cash burn of $509.9M. This gives an estimated cash runway of approximately 6 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is JOBY-WT's Piotroski F-Score?
JOBY-WT (JOBY-WT) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are JOBY-WT's earnings high quality?
JOBY-WT (JOBY-WT) reported a net loss of $929.8M while operations used $509.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.