Filing Flows › Joby Aviation (JOBY) › Q4 2024
Joby Aviation (JOBY) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Joby Aviation (JOBY) reported revenue of $55K for the fourth quarter 2024 (Q4 2024), -95% from a year earlier and +96% from the quarter before.
Joby Aviation, Q4 2024: revenue $55K (-95% year over year), net loss $246M, operating cash flow −$120M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55K | +96% | -95% |
| Operating profit | −$150M | — | — |
| Net earnings | −$246M | — | — |
| Operating cash flow | −$120M | — | — |
What changed
Revenue was $55K in Q4 2024, down 95% year over year and up 96% from the previous quarter.
Operating costs exceeded revenue by $149.9M, an operating margin of -272500.0%. Total costs grew 16% against a revenue fall of 95%. The fastest-growing cost line was Research & development (+20%). The quarter ended with a net loss of $246.3M, wider than the previous quarter's $143.9M loss.
Operating cash flow was −$120.5M. Non-cash charges added back $9.5M of depreciation and amortization and $21.7M of share-based compensation. Working capital and other items added $94.6M. Capital expenditures of $15.4M exceeded it, leaving free cash flow of −$135.9M.
Questions
What was Joby Aviation's revenue in the fourth quarter 2024?
Joby Aviation (JOBY) reported revenue of $55K for the fourth quarter 2024 (Q4 2024), -95% from a year earlier and +96% from the quarter before.
Source: Joby Aviation 10-K on SEC EDGAR.