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 SEC-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 filings at SEC.gov ↗