Joby Aviation, Inc. (JOBY) Stock

Joby Aviation, Inc. (JOBY) is a Industrials stock trading at $7.54 (as of 2026-08-20), with a market capitalization of $7.46B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Joby Aviation, Inc. designs and builds electric vertical takeoff and landing aircraft intended for use in air transportation as a service. The company’s plan includes providing an aerial ridesharing offering, and it is headquartered in Santa Cruz, California.

Understand Joby Aviation, Inc.: how it makes money

Joby Aviation builds electric vertical takeoff and landing aircraft and aims to monetize them through an aerial ridesharing service, essentially selling air transportation as a service using its aircraft.

Joby is positioned to generate revenue only if its electric VTOL aircraft can move from certification progress and flight testing into operating revenue service for its planned aerial ridesharing model.

Revenue by segment (latest quarter)
Blade$0.0B
Other$0.0B

Business quality (Weak): Progress is measurable on certification and flight activity, but the company has extremely negative operating profitability and very small current revenue, so operational ramp and certification outcomes remain the key near term uncertainty.

Bull case

  • Certification progress is underway: Type Certification Stage Four Completion Percentage (Joby Side) is 70%, and Stage Four Certification Completion Percentage (FAA Side) is 50%.
  • Some customer-facing activity exists: Blade Passenger Count is 40000.
  • Manufacturing capacity is expanding: Marina Manufacturing Facility Size (Post-Expansion) is 435000.

Bear case

  • Operating losses are very large: Operating margin is -963.4% (latest period 2026-03-31).
  • Total revenue is very small in the provided data: Reported revenue_b is 0.0 for the latest period 2026-03-31, and segment revenue candidates remain small.
  • Certification is not fully complete on both sides: Type Certification Stage Four Completion Percentage (Joby Side) is 70%, while Stage Four Certification Completion Percentage (FAA Side) is 50%.
Valuation — source: SEC EDGAR (first-party)
Price$7.54
Market Cap$7.46B
Price / Book4.22
Price / Sales67.98
FCF Yield-17.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$53.42M
Net Margin-1740.5%
Revenue Growth (YoY)39183.1%
EPS Growth (YoY)29.9%
FCF Growth (YoY)18.2%
Financial Health — source: SEC EDGAR
Altman Z-Score8.96 (safe)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Aircraft)40.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderTOYOTA MOTOR CORP/ ($1.06B)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryAircraft
CEOJoeBen Bevirt
Employees2,029
CountryUS
IPO Date2020-11-09

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JOBY earnings history · JOBY institutional & insider holders · JOBY KPIs & operating metrics · JOBY financials · JOBY investor presentations & press releases · JOBY SEC filings · JOBY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.