Financial Statements — JOBY
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.63 | 0.87 | 0.21 | 0.34 | 0.12 | 0.15 | 0.18 | 0.11 | 0.48 | 0.38 | 0.05 | 0.19 | 0.31 | 0.42 | 1.02 | 0.00 | 0.00 |
| Short-term Investments | 1.63 | 1.59 | 0.77 | 0.65 | 0.69 | 0.56 | 0.65 | 0.81 | 0.63 | 0.81 | 0.93 | 0.88 | 0.84 | 0.80 | 0.35 | -- | -- |
| Total Current Assets | 2.32 | 2.51 | 1.02 | 1.01 | 0.84 | 0.74 | 0.86 | 0.95 | 1.14 | 1.22 | 1.01 | 1.10 | 1.18 | 1.24 | 1.38 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.23 | 0.21 | 0.14 | 0.13 | 0.13 | 0.11 | 0.11 | 0.10 | 0.10 | 0.09 | 0.09 | 0.06 | 0.06 | 0.06 | 0.04 | -- | -- |
| Goodwill | 0.09 | 0.09 | 0.09 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -- | -- |
| Intangible Assets | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | -- | -- |
| Total Non-current Assets* | 0.26 | 0.24 | 0.17 | 0.25 | 0.24 | 0.23 | 0.22 | 0.21 | 0.21 | 0.20 | 0.21 | 0.17 | 0.18 | 0.18 | 0.15 | 0.69 | 0.69 |
| Total Assets | 2.75 | 2.93 | 1.37 | 1.26 | 1.08 | 0.96 | 1.08 | 1.16 | 1.35 | 1.43 | 1.22 | 1.27 | 1.36 | 1.42 | 1.53 | 0.69 | 0.69 |
| Accounts Payable | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.13 | 0.11 | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 |
| Long-term Debt | 0.70 | 0.70 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.86 | 0.86 | 0.40 | 0.30 | 0.18 | 0.14 | 0.14 | 0.15 | 0.19 | 0.30 | 0.12 | 0.08 | 0.10 | 0.14 | 0.22 | 0.08 | 0.08 |
| Total Liabilities | 0.99 | 0.97 | 0.47 | 0.36 | 0.22 | 0.18 | 0.18 | 0.19 | 0.24 | 0.34 | 0.15 | 0.11 | 0.13 | 0.16 | 0.23 | 0.08 | 0.08 |
| Retained Earnings | (3.14) | (2.90) | (2.66) | (2.26) | (1.94) | (1.61) | (1.47) | (1.34) | (1.13) | (1.13) | (0.85) | (0.67) | (0.59) | (0.54) | (0.48) | (0.02) | (0.02) |
| Total Stockholder Equity | 1.77 | 1.96 | 0.90 | 0.90 | 0.86 | 0.78 | 0.89 | 0.98 | 1.11 | 1.08 | 1.07 | 1.16 | 1.23 | 1.26 | 1.30 | 0.01 | 0.01 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 38.64 | 24.25 | 30.84 | 22.57 | 0.02 | 0.00 | 0.06 | 0.03 | 0.03 | 0.03 | 1.03 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- |
| Research & Development | 194.66 | 177.47 | 161.26 | 149.16 | 136.39 | 134.29 | 122.39 | 126.14 | 113.00 | 115.64 | 102.12 | 100.56 | 88.85 | 75.52 | 76.14 | 73.87 | 74.21 | 72.07 | 57.26 | 52.09 |
| Selling, General & Admin | 76.56 | 61.55 | 57.09 | 45.02 | 31.48 | 29.00 | 27.52 | 30.57 | 31.30 | 30.27 | 26.95 | 27.61 | 27.12 | 24.20 | 25.22 | 23.25 | 25.18 | 22.27 | 19.93 | 15.61 |
| Total Operating Expenses | 299.52 | 257.83 | 237.61 | 204.24 | 167.88 | 163.28 | 149.93 | 156.72 | 144.32 | 145.92 | 129.27 | 128.17 | 115.97 | 99.72 | 101.36 | 97.12 | 99.38 | 94.34 | 77.19 | 67.70 |
| Operating Income | (260.88) | (233.58) | (206.78) | (181.67) | (167.86) | (163.28) | (149.87) | (156.69) | (144.29) | (145.90) | (128.24) | (128.17) | (115.97) | (99.72) | (101.36) | (97.12) | (99.38) | (94.34) | (77.19) | (67.70) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.04 | 0.03 | 0.03 | 0.04 | 0.48 |
| Pretax Income | (245.30) | (109.78) | (120.46) | (401.14) | (324.57) | (82.37) | (246.75) | (143.32) | (123.28) | (94.55) | (115.08) | 1.55 | (286.02) | (113.36) | (66.89) | (79.20) | (49.55) | (62.31) | (5.50) | (78.86) |
| Tax Provision | 0.14 | 0.17 | 1.08 | 0.08 | 0.11 | 0.04 | (0.47) | 0.55 | 0.01 | 0.04 | 0.02 | 0.03 | 0.06 | 0.03 | 0.06 | 0.01 | 0.03 | 0.01 | (10.55) | 0.01 |
| Net Income | (245.44) | (109.95) | (121.54) | (401.23) | (324.67) | (82.41) | (246.28) | (143.88) | (123.29) | (94.59) | (115.10) | 1.53 | (286.08) | (113.39) | (66.94) | (79.21) | (49.57) | (62.32) | (142.90) | (78.86) |
| Basic EPS | (0.25) | (0.12) | (0.13) | (0.48) | (0.41) | (0.11) | (0.34) | (0.21) | (0.18) | (0.14) | (0.15) | 0.00 | (0.45) | (0.19) | (0.11) | (0.14) | (0.09) | -- | -- | -- |
| Diluted EPS | (0.25) | (0.12) | (0.13) | (0.48) | (0.41) | (0.11) | (0.34) | (0.21) | (0.18) | (0.14) | (0.15) | 0.00 | (0.45) | (0.19) | (0.11) | (0.14) | (0.09) | -- | -- | -- |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (0.17) | (0.14) | (0.15) | (0.14) | (0.11) | (0.11) | (0.12) | (0.11) | (0.10) | (0.11) | (0.08) | (0.08) | (0.07) | (0.08) | (0.05) | (0.07) | (0.05) | (0.06) | (0.05) | (0.15) |
| Capital Expenditures | 0.03 | 0.08 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Free Cash Flow* | (0.20) | (0.22) | (0.17) | (0.15) | (0.12) | (0.13) | (0.14) | (0.12) | (0.11) | (0.11) | (0.09) | (0.09) | (0.08) | (0.09) | (0.08) | (0.07) | (0.06) | (0.07) | (0.06) | (0.17) |
| Investing Cash Flow | (0.07) | (0.51) | (0.41) | (0.12) | 0.02 | 0.03 | (0.19) | 0.09 | 0.16 | 0.01 | (0.20) | 0.18 | 0.12 | (0.02) | (0.05) | (0.05) | (0.05) | (0.48) | (0.01) | (0.01) |
| Financing Cash Flow | 0.01 | 1.28 | 0.59 | 0.13 | 0.30 | 0.00 | 0.36 | -0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.28 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | -0.00 | 1.09 |
* Derived from reported values
