Joby Aviation, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-245.4M | $-110.0M | $-121.5M | $-401.2M | $-324.7M | $-82.4M | $-246.3M | $-143.9M |
| Depreciation & Amortization | $9.8M | $11.0M | $11.1M | $11.5M | $8.5M | $9.1M | $9.5M | $8.9M |
| Depreciation | — | — | — | $8.4M | $8.5M | — | — | $7.5M |
| Amortization | $2.1M | $2.1M | $2.4M | $1.8M | $1.2M | $1.2M | $1.5M | $1.4M |
| Stock-Based Compensation | $52.0M | $44.0M | $41.4M | $32.9M | $26.6M | $27.0M | $21.7M | $27.4M |
| Net Cash from Operating Activities | $-173.1M | $-144.4M | $-153.2M | $-139.2M | $-106.6M | $-111.0M | $-120.5M | $-110.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $28.6M | $77.9M | $13.8M | $13.0M | $12.1M | $15.0M | $15.4M | $9.9M |
| Business Acquisitions | $0 | $-39.0K | $-1.6M | $-1.9M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-73.8M | $-505.5M | $-408.5M | $-123.1M | $24.6M | $31.6M | $-188.6M | $88.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $7.7M | $1.28B | $594.0M | $134.7M | $296.0M | $2.0M | $356.5M | $-633.0K |
| Net Change in Cash | $-239.3M | $633.7M | $32.3M | $-127.6M | $214.0M | $-77.3M | $47.3M | $-22.8M |
| Free Cash Flow | $-201.8M | $-222.4M | $-167.0M | $-152.2M | $-118.7M | $-125.9M | $-135.9M | $-120.2M |