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Joby Aviation JOBY Noncash Exercise Of Private Warrants

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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 joby:NoncashExerciseOfPrivateWarrants.

The source filing: Joby Aviation’s 10-K, filed February 27, 2026. Open the filing →

Filed
Feb 26, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001819848-26-000160

FAQ

What is Joby Aviation's noncash exercise of private warrants?
Joby Aviation (JOBY) reported noncash exercise of private warrants of $21.29M in Q4 2025.
What does noncash exercise of private warrants mean?
This represents the value of private warrants converted into equity without an exchange of cash. It highlights non-dilutive or cashless financing events that impact the company's capital structure and share count. This metric is critical for understanding equity dilution that does not provide immediate liquidity to the balance sheet.

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