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Joby Aviation JOBY Pre-Tax Income

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Other financials

Income statement

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Revenue$24.2M
Operating income-$233.6M-43.1%
Net income-$110.0M-33.4%
EPS (diluted)-$0.12-9.1%

Balance sheet

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Cash & equivalents$875.4M+611%
Total debt$747.7M+2,265%
Total equity$2.0B+128%
Total assets$2.9B+170%

Cash flow

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Operating cash flow-$144.4M-30.2%
CapEx$77.9M+421%
Free cash flow-$222.4M-76.6%

Valuation

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Market cap$8.14B-48.9%
Enterprise value$8.01B-48.7%
P/S104.8×-162,446×

Profitability

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Operating margin-1,017%-508pp
Net margin-1,232.6%-616pp
FCF margin-850.1%-425pp

Returns & leverage

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Return on equity-68%+3.3pp
Debt / equity0.4×+0.3×
Current ratio22.1×+4.3×

Where this comes from

Reported directly by Joby Aviation in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Joby Aviation’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001819848-26-000324
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Interest and other income, net17,7849,898
Gain from change in fair value of warrants, earnout shares and contingent consideration, net106,01471,020
Total other income, net123,79880,918
Loss before income taxes(109,782)(82,366)
Income tax expense16840
Net loss$(109,950)$(82,406)
Net loss per share, basic and diluted$(0.12)$(0.11)
Weighted-average common shares outstanding, basic and diluted943,503,442766,908,858

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Joby Aviation's pre-tax income?
Joby Aviation (JOBY) reported pre-tax income of -$109.78M in Q1 2026.
How has Joby Aviation's pre-tax income changed year-over-year?
Joby Aviation's pre-tax income decreased by 33.3% year-over-year, from -$82.37M to -$109.78M.
What is the long-term trend for Joby Aviation's pre-tax income?
Over 4 years (2021 to 2025), Joby Aviation's pre-tax income has grown at a 48.5% compound annual growth rate (CAGR), from -$190.86M to -$928.54M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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