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Joby Aviation JOBY Business Segments — Net loss

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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$7.67B-51.8%
Enterprise value$7.54B-51.7%
P/S98.8×-162,447×

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:NetIncomeLoss.

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 itemServices Segment / Three Months Ended March 31, 2026Services Segment / Three Months Ended March 31, 2025
Revenue$24,246
Operating expenses:
People related costs, excluding stock-based compensation expense(113,810)(87,704)
Gain from change in fair value of warrants, earnout shares, and contingent consideration106,01471,019
Stock-based compensation expense(44,045)(27,019)
Other segment items (1)(82,355)(38,702)
Net loss$(109,950)$(82,406)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Joby Aviation's business segments — net loss?
Joby Aviation (JOBY) reported business segments — net loss of -$109.95M in Q1 2026.
How has Joby Aviation's business segments — net loss changed year-over-year?
Joby Aviation's business segments — net loss decreased by 33.4% year-over-year, from -$82.41M to -$109.95M.
What does business segments — net loss mean?
The bottom-line financial result for the flight services segment, calculated as total segment revenue minus all associated operating expenses and non-cash charges. It measures the current profitability gap of the segment as it moves toward commercial viability.

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