Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
JOBY · NYSE · Industrial
Fundamental quality
72
out of 100
Joby Aviation, Inc. is in full growth mode but not yet profitable: revenue is growing strongly (150% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 72 out of 100, profiling it as a company of reasonable quality. Its weakest area is its profitability (ROE -49.7%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Joby develops electric vertical-takeoff air taxis (eVTOL) for short urban trips, with Toyota as industrial partner and shareholder. It has no commercial revenue yet: everything depends on certifying the aircraft and manufacturing it at scale.
Revenue growth: 150%
ROE: -49.7%
Net debt/EBITDA: -0.09x
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2021 | 0 | -180 | -228 | -956 |
| 2022 | 0 | -258 | -291 | -146 |
| 2023 | 1 | -513 | -344 | -204 |
| 2024 | 0 | -608 | -477 | -200 |
| 2025 | 53 | -930 | -564 | -241 |
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is Joby Aviation, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Joby Aviation, Inc. a good company to invest in?
In terms of business quality, Joby Aviation, Inc. scores 72 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Does Joby Aviation, Inc. have a lot of debt?
No. Joby Aviation, Inc. has a net cash position: more cash than debt.
Is Joby Aviation, Inc. growing?
Its revenue has grown 150% annualized in recent years.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Industrial companies
Intuitive Machines (LUNR) · General Electric (GE) · Caterpillar (CAT) · Danaher (DHR) · Honeywell (HON) · Union Pacific (UNP) · see more →
The best Industrial stocks by our model →
Compare Joby Aviation, Inc. with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see Joby Aviation, Inc.'s filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.