Filing Flows › Joby Aviation (JOBY) › Q2 2025
Joby Aviation (JOBY) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Joby Aviation (JOBY) reported revenue of $15K for the second quarter 2025 (Q2 2025), -46% from a year earlier.
Joby Aviation, Q2 2025: revenue $15K (-46% year over year), net loss $325M, operating cash flow −$107M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15K | — | -46% |
| Operating profit | −$168M | — | — |
| Net earnings | −$325M | — | — |
| Operating cash flow | −$107M | — | — |
What changed
Revenue was $15K in Q2 2025, down 46% year over year.
Operating costs exceeded revenue by $167.9M, an operating margin of -1119093.3%. Total costs grew 16% against a revenue fall of 46%. The fastest-growing cost line was Research & development (+21%). The quarter ended with a net loss of $324.7M.
Operating cash flow was −$106.6M. Non-cash charges added back $9.8M of depreciation and amortization and $26.6M of share-based compensation. Working capital and other items added $181.8M. Capital expenditures of $12.1M exceeded it, leaving free cash flow of −$118.7M.
Questions
What was Joby Aviation's revenue in the second quarter 2025?
Joby Aviation (JOBY) reported revenue of $15K for the second quarter 2025 (Q2 2025), -46% from a year earlier.
Source: Joby Aviation 10-Q on SEC EDGAR.