Joby Aviation annual free cash flow
2020
2021
2022
2023
2024
2025
Joby Aviation Free Cash Flow (FCF) History (JOBY)
Joby Aviation reported −$563.8M in free cash flow for fiscal 2025, a decrease of $86.9M from the previous fiscal year, with a free cash flow margin of −1055.33%.
View full Joby Aviation company overviewJoby Aviation free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$563.8M | −$86.9M | — | −1055.33% |
| 2024 | 2024-12-31 | −$476.9M | −$132.5M | — | −350650.00% |
| 2023 | 2023-12-31 | −$344.4M | −$53.6M | — | −33374.81% |
| 2022 | 2022-12-31 | −$290.8M | −$62.7M | — | — |
| 2021 | 2021-12-31 | −$228.1M | −$98.5M | — | — |
| 2020 | 2020-12-31 | −$129.6M | — | — | — |
Joby Aviation quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$201.8M | −$83.1M | — | −522.22% |
| Q1 2026 | 2026-03-31 | −$222.4M | −$96.4M | — | −917.10% |
| Q4 2025 | 2025-12-31 | −$167.0M | −$31.1M | — | −541.50% |
| Q3 2025 | 2025-09-30 | −$152.2M | −$32.1M | — | −674.28% |
| Q2 2025 | 2025-06-30 | −$118.7M | −$11.4M | — | −791333.33% |
| Q1 2025 | 2025-03-31 | −$125.9M | −$12.4M | — | — |
| Q4 2024 | 2024-12-31 | −$135.9M | −$44.7M | — | −247123.64% |
| Q3 2024 | 2024-09-30 | −$120.2M | −$31.4M | — | −429128.57% |
| Q2 2024 | 2024-06-30 | −$107.3M | −$30.2M | — | −383178.57% |
| Q1 2024 | 2024-03-31 | −$113.5M | −$26.2M | — | −454080.00% |
| Q4 2023 | 2023-12-31 | −$91.2M | −$7.6M | — | −8838.18% |
| Q3 2023 | 2023-09-30 | −$88.8M | −$15.1M | — | — |
| Q2 2023 | 2023-06-30 | −$77.1M | −$15.8M | — | — |
| Q1 2023 | 2023-03-31 | −$87.3M | −$15.1M | — | — |
| Q4 2022 | 2022-12-31 | −$83.6M | −$23.2M | — | — |
| Q3 2022 | 2022-09-30 | −$73.7M | $2.0M | — | — |
| Q2 2022 | 2022-06-30 | −$61.3M | −$4.0M | — | — |
| Q1 2022 | 2022-03-31 | −$72.3M | −$37.5M | — | — |
| Q4 2021 | 2021-12-31 | −$60.4M | — | — | — |
| Q3 2021 | 2021-09-30 | −$75.7M | — | — | — |
| Q2 2021 | 2021-06-30 | −$57.3M | — | — | — |
| Q1 2021 | 2021-03-31 | −$34.7M | — | — | — |
Joby Aviation free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$129.6M to −$563.8M, a net decrease of $434.2M. Joby Aviation's latest reported quarter, Q2 2026, generated −$201.8M in free cash flow, a decrease of $83.1M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Joby Aviation source filings ↗Community posts
Joby completes a coast-to-coast autonomous-aircraft demonstration
Joby ($JOBY) reported a 3,199-mile journey across the United States by an aircraft equipped with its autonomy system, with no control inputs from the onboard safety pilot. The converted Cessna Caravan performed taxiing, takeoffs, navigation ...
Joby begins Texas flight demonstrations and establishes a regional operating base
Joby Aviation ($JOBY) began a North Texas flight campaign under the federal electric-air-taxi integration pilot program, working with the Texas Department of Transportation’s Project Nexus. Planned routes connect Fort Worth Alliance Airport ...
