One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Joby Aviation, Inc.
JOBY · NYQ · Industrials · Airports & Air Services
Current price
$4.69
52-week range
$4.43 - $17.50
Market cap
$4.67B
Balance sheet
Healthy
-6,098.23x Concerning
Net cash $1.52B. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 117.7% last year.
- Risk Return on equity was -65.9% last year — the company lost money on shareholders' equity.
What this company does
Joby Aviation, Inc.
Joby Aviation is developing electric flying taxis, aiming to offer a new way for people to travel between cities or within them, like a quicker Uber but in the air. Their main money will come from flying passengers and possibly government contracts, which matters because it shows their plan to make money is focused on actual service rather than just selling planes. This approach focuses on generating revenue from the use of their vehicles, similar to how an airline makes money from ticket sales.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-120.16M
FY2024 Q4
$-135.92M
FY2025 Q1
$-125.92M
FY2025 Q2
$-118.70M
FY2025 Q3
$-152.21M
FY2025 Q4
$-166.98M
FY2026 Q1
$-222.36M
FY2026 Q2
$-201.78M
Revenue
$38.64M
Net income
$-245.44M
Diluted EPS
-0.25
Operating cash flow
$-173.14M
Free cash flow
$-201.78M
Fetching…
Sources
Revenue
$24.25M
Net income
$-109.95M
Diluted EPS
-0.12
Operating cash flow
$-144.44M
Free cash flow
$-222.36M
Fetching…
Sources
Revenue
$30.84M
Net income
$-121.54M
Diluted EPS
-0.13
Operating cash flow
$-153.17M
Free cash flow
$-166.98M
Fetching…
Sources
Revenue
$22.57M
Net income
$-401.23M
Diluted EPS
-0.48
Operating cash flow
$-139.19M
Free cash flow
$-152.21M
Fetching…
Sources
Revenue
$15.00K
Net income
$-324.67M
Diluted EPS
-0.41
Operating cash flow
$-106.56M
Free cash flow
$-118.70M
Fetching…
Sources
Revenue
$0.00
Net income
$-82.41M
Diluted EPS
-0.11
Operating cash flow
$-110.97M
Free cash flow
$-125.92M
Fetching…
Sources
Revenue
$55.00K
Net income
$-246.28M
Diluted EPS
-0.34
Operating cash flow
$-120.50M
Free cash flow
$-135.92M
Fetching…
Sources
Revenue
$28.00K
Net income
$-143.88M
Diluted EPS
-0.21
Operating cash flow
$-110.30M
Free cash flow
$-120.16M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $4.69
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $1.5B - more cash than debt. Interest coverage -6098.2x.
Net debt
$-1.52B
Interest coverage
-6,098.23x
Joby Aviation, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 2 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
JOBY
BASELINE
Joby Aviation, Inc.
Total debt $747.71M Interest coverage -6,098.23x This is the baseline the peer rows are being compared against.
Total debt $125.60M Interest coverage -729.30x Neither company has much profit cushion over interest right now.
Total debt $19.94B Interest coverage 8.57x This peer still has a real interest-payment cushion, while JOBY does not.
Total debt $14.73B Interest coverage 12.65x This peer still has a real interest-payment cushion, while JOBY does not.
Total debt $35.73B Interest coverage 0.95x This peer still has a real interest-payment cushion, while JOBY does not.
Total debt $9.03B Interest coverage 3.77x This peer still has a real interest-payment cushion, while JOBY does not.
What you should know
The case for and against JOBY
1 Reward
1 Risk
Rewards
-
Revenue grew 117.7% last year.
Risks
-
Return on equity was -65.9% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-7.27x
P/B
2.62x
P/S
40.18x
EV/EBITDA
-3.66x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
34.3%
Operating margin
-675.2%
Net margin
0.0%
ROE
-65.9%
ROA
-27.5%
Health
Liquidity and balance-sheet strength
Debt / equity
0.42x
Current ratio
17.98x
Quick ratio
17.66x
Total debt
$747.71M
Total cash
$2.26B
Growth
How the business has been compounding
Revenue TTM
$116.30M
Revenue 5Y CAGR
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EPS TTM
-0.97
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-609.94M
Free CF TTM
$-563.81M
FCF margin
-484.8%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
—
Last ex-div date
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