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Companies / Industrials / Joby Aviation, Inc.
JOBY

Joby Aviation, Inc.

IndustrialsTransportation Equipment
Ticker JOBYSANTA CRUZ, CAFiscal year ends DecemberBook value per share $1.85Diluted shares 956.8M

Joby Aviation, Inc. (NYSE: JOBY) is an electric aircraft manufacturer and urban air mobility company developing piloted, all-electric vertical takeoff and landing aircraft designed to operate as air taxi services in cities worldwide. The company's website is www.jobyaviation.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$53.42M
+39183.1% year over year
Last 12 mo $116.30M
-1346.92%
+437442.8 percentage points
Last 12 mo -759.20%
$-929.84M
−52.9% year over year
Last 12 mo $-878.15M
-65.96%
+0.7 percentage points
Last 12 mo -49.71%
Cash & financing
$-509.89M
−16.9% year over year
Last 12 mo $-609.94M
$-563.81M
−18.2% year over year
Last 12 mo $-743.33M
—
Last 12 mo 0.40
826.2M
+18.1% year over year
Last 12 mo 956.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Joby Aviation, Inc. does

In the company’s own words

Joby Aviation, Inc. (NYSE: JOBY) is an electric aircraft manufacturer and urban air mobility company developing piloted, all-electric vertical takeoff and landing aircraft designed to operate as air taxi services in cities worldwide. The company's website is www.jobyaviation.com.

The company has spent over a decade designing and testing its eVTOL aircraft, which is engineered to transport a pilot and up to four passengers at speeds up to 200 mph with a target range of 100 miles on a single charge. The aircraft features distributed electric propulsion with six propellers powered by independent electric motors and multiple redundancies across systems for enhanced safety. A core design focus is noise reduction, with the aircraft producing approximately 65 decibels during takeoff and landing and near-silent operation during overhead flight, enabling operations from vertiports located near urban centers rather than requiring remote airport locations.

Joby operates through three primary routes to market: direct ownership and operation of air taxi services, affiliate-owned and operated services through strategic partnerships, and direct aircraft sales including defense applications. The company maintains a vertically integrated business model encompassing aircraft design, manufacturing, operations, and software development. Its proprietary Elevate OS operating system integrates data across aircraft build, operations, and maintenance to optimize efficiency and performance.

The company operates manufacturing and testing facilities in San Carlos and Marina, California, totaling approximately 356,000 square feet, with additional high-rate production capacity planned in Dayton, Ohio. Joby holds multiple FAA certifications including Part 135 Air Carrier Certificate, Part 145 Repair Station Certificate, and Part 141 Flight School Certificate. The company is pursuing type certification from the FAA and has begun regulatory engagement with international aviation authorities in the United Kingdom, Japan, Australia, and the United Arab Emirates.

In August 2025, Joby acquired Blade Urban Air Mobility, Inc., which operates a technology-enabled urban air mobility platform providing air charter broker services. Strategic investors and partners include Toyota Motor Corporation, Uber Technologies, Delta Air Lines, and the U.S. Department of Defense. The company maintains relationships with infrastructure providers and has memoranda of understanding with international partners including Abdul Latif Jameel for Middle Eastern expansion and the Dubai Road and Transport Authority for exclusive air taxi operations rights in Dubai.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
SANTA CRUZ, CA
Fiscal year end
December
CIK
1819848
SIC
3721

Financial performance, year by year

Fiscal 2021–2025 · USD
$-1.03B$-720.61M$-406.77M$-92.93M$220.91M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Joby Aviation, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

47
funds hold it
1 of 35
superinvestors hold it
$561.18M
held by funds, at market
6.2%
of shares held by funds
1
bond issues held by funds

Superinvestors in Joby Aviation, Inc. · what they did last quarter

Polen CapitalINCREASED +12.7%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Joby Aviation, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.11%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
0.20%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Joby Aviation, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Joby Aviation, Inc.’s debt, $72.09M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 0.75%, maturing 2032 to 2032.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Joby Aviation, Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Joby Aviation, Inc.'s last four quarterly filings that the numbers alone won't show?”
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