Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally.MoreShow less
Profile & Fundamentals
Joby Aviation: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Joby Aviation Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft. It is also involved in the provision of government flight services, customer demonstration, and engineering services; and exhibition activities. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
Company profile record
Joby Aviation
Common Stock · Industrials · Passenger Airlines
Company
- Company / asset
- Joby Aviation
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Passenger Airlines
- HQ
- 🇺🇸 United States
- Head office
- 333 Encinal Street, Santa Cruz, CA, United States, 95060
Leadership & scale
- Chief executive
- Mr. JoeBen Bevirt
- CEO year born
- 1973
- Full-time employees
- 2.6K
- Fiscal year end
- December
- IPO date
- 2021-08-11
Fundamentals snapshot
- Market Cap
- USD 5.6B
- P/E
- --
- Revenue (Q2 26)
- USD 38.6M
- Profit (Q2 26)
- USD -245.4M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 53.4M
- Shares in public float
- 669.7M
- Insider ownership
- 32.25%
Reporting & identifiers
- Symbol
- JOBY.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- KYG651631007
- Asset ID
- equity_01920302-d04b-570e-9f7d-dc0803f279d5
Ownership
Shares Outstanding
Latest: 969.9M | Max: 969.9M | Min: 585.5M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
69.04%
669.7M latest reported shares
Insider Ownership
32.25%
Latest reported insider stake
Short Float
0.19%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2020-01-01 | 603,887,900 |
| 2021-01-01 | 591,489,300 |
| 2022-01-01 | 585,544,000 |
| 2023-01-01 | 698,262,000 |
| 2024-01-01 | 732,784,000 |
| 2025-01-01 | 894,647,200 |
| 2026-01-01 | 969,905,400 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| Toyota Motor Corp | 128,454,401 | 14.04% | 2026-06-30 |
| Baillie Gifford & Co Limited. | 61,139,048 | 6.68% | 2026-06-30 |
| BlackRock Inc | 46,552,486 | 5.09% | 2026-03-31 |
| Capricorn Investment Group LLC | 28,470,647 | 3.11% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 26,016,083 | 2.84% | 2026-03-31 |
| Vanguard Capital Management, LLC | 25,992,624 | 2.84% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 18,792,243 | 2.05% | 2026-08-31 |
| iShares Russell 2000 ETF | 17,203,945 | 1.88% | 2026-08-31 |
| Intel Corp | 15,316,315 | 1.67% | 2026-06-30 |
| DELTA AIR LINES, INC. | 14,590,713 | 1.59% | 2026-06-30 |
| Geode Capital Management, LLC | 13,846,489 | 1.51% | 2026-03-31 |
| Vanguard Small Cap Index | 13,572,990 | 1.48% | 2026-08-31 |
| State Street Corp | 13,143,737 | 1.44% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 11,625,429 | 1.27% | 2026-03-31 |
| Vanguard MStar Small Cap Value Index | 8,623,931 | 0.94% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The headline revenue numbers show dramatic growth, but the underlying business remains in a heavy testing phase. Trailing twelve-month revenue reached $116 million by mid-2026, up sharply from practically zero two years earlier. However, almost all of this money came from an acquired traditional helicopter charter business rather than new electric air taxis. Behind the top-line growth, operating losses widened to $883 million as research and flight certification expenses peaked. Burning through cash is standard when inventing and certifying clean-sheet aircraft, but it means reported revenue growth does not yet reflect a profitable commercial air service.
The headline revenue numbers show dramatic growth, but the underlying business remains in a heavy testing phase. Trailing twelve-month revenue reached $116 million by mid-2026, up sharply from practically zero two years earlier. However, almost all of this money came from an acquired traditional helicopter charter business rather than new electric air taxis. Behind the top-line growth, operating losses widened to $883 million as research and flight certification expenses peaked. Burning through cash is standard when inventing and certifying clean-sheet aircraft, but it means reported revenue growth does not yet reflect a profitable commercial air service.
Revenue, Net Income, and Free Cash Flow
Latest: USD 53.4M | Max: USD 53.4M | Min: USD -929.8M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability remains deeply negative because the core electric flight business has not yet carried paying passengers at scale. While recent quarters showed positive gross margins around 27%, that improvement reflects acquired helicopter charters, which have low profit potential and do not prove electric air-taxi margins. Operating margins will remain severely depressed until conforming aircraft fly scheduled urban routes. Early commercial flights face high costs from pilot salaries, vertiport landing fees, and battery pack wear. Turning margins sustainably positive requires high daily flight volumes that spread fixed aerospace expenses across millions of passenger miles.
Profitability remains deeply negative because the core electric flight business has not yet carried paying passengers at scale. While recent quarters showed positive gross margins around 27%, that improvement reflects acquired helicopter charters, which have low profit potential and do not prove electric air-taxi margins. Operating margins will remain severely depressed until conforming aircraft fly scheduled urban routes. Early commercial flights face high costs from pilot salaries, vertiport landing fees, and battery pack wear. Turning margins sustainably positive requires high daily flight volumes that spread fixed aerospace expenses across millions of passenger miles.
Profitability Margins
Latest: -30.1% | Max: 80.6% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
-30.1%
Gross profit / revenue
Operating Margin
-1346.9%
Operating income / revenue
Net Margin
-1740.5%
Net income / revenue
FCF Margin
-1055.3%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2020-12-31 | 0 | -114,164,000 | -129,206,000 |
| 2021-12-31 | 0 | -180,324,000 | -228,089,000 |
| 2022-12-31 | 0 | -258,043,000 | -290,815,000 |
| 2023-12-31 | 1,032,000 | -513,050,000 | -344,428,000 |
| 2024-12-31 | 136,000 | -608,034,000 | -476,884,000 |
| 2025-12-31 | 53,425,000 | -929,842,000 | -563,811,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2020-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2021-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2022-12-31 | Not reported | Not reported | Not reported | Not reported |
| 2023-12-31 | 80.62 | -45,745.54 | -49,714.15 | -33,374.81 |
| 2024-12-31 | 50.74 | -438,789.71 | -447,083.82 | -350,650 |
| 2025-12-31 | -30.06 | -1,346.92 | -1,740.46 | -1,055.33 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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