Joby Aviation, Inc. (JOBY) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
JOBY currently has 944M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 37.2% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 06, 2026 |
10-Q filing | 943.5M shares outstanding |
940M | 0 |
| Oct 08, 2025 |
8-K filing: Joby Aviation, Inc. announced a public offering of 30,500,000 shares of common stock at a price of $16.85 per share, with an option for underwriters to purchase up to 4,575,000 additional shares. ($500.5M proceeds) |
770M | 0 |
| Aug 29, 2025 |
8-K filing: Joby Aviation, Inc. filed two prospectus supplements relating to the resale of common stock issued in connection with the acquisition of Strata Critical Medical, Inc. and the closing of the first tranche under the amended restated stock purchase agreement with Toyota Motor Corporation. ($250.0M proceeds) |
770M | 0 |
| May 08, 2025 |
10-Q filing | 766.9M shares outstanding |
770M | 0 |
| Feb 27, 2025 |
10-K filing | 787.8M shares outstanding |
790M | 0 |
| Nov 06, 2024 |
10-Q filing | 695.0M shares outstanding |
700M | 0 |
| Aug 08, 2024 |
10-Q filing | 689.3M shares outstanding |
690M | 0 |
| May 08, 2024 |
10-Q filing | 681.7M shares outstanding |
680M | 0 |
| Feb 27, 2024 |
10-K filing | 647.9M shares outstanding |
650M | 0 |
| Nov 06, 2023 |
10-Q filing | 691.5M shares outstanding |
690M | 0 |
| Aug 04, 2023 |
10-Q filing | 636.7M shares outstanding |
640M | 0 |
| Jun 29, 2023 |
8-K filing: Joby Aviation, Inc. entered into a Subscription Agreement with SK Telecom, Co., Ltd., pursuant to which SKT subscribed for and purchased from the Company 15,037,594 shares of the Company's common stock at $6.65 per share, for an aggregate purchase price of $100,000,000.10. ($100.0M proceeds) |
590M | 18M |
| May 05, 2023 |
10-Q filing | 605.2M shares outstanding |
610M | 0 |
| May 05, 2023 |
8-K filing: Joby Aviation, Inc. entered into a common stock purchase agreement for the issuance and sale of 43,985,681 shares of common stock at $4.10 per share in a registered direct offering, with net proceeds estimated at $180.2 million to be used for certification, manufacturing, and general corporate purposes. ($180.2M proceeds) |
590M | 18M |
| Mar 01, 2023 |
10-K filing | 585.5M shares outstanding |
590M | 18M |
| Nov 04, 2022 |
10-Q filing | 584.0M shares outstanding |
580M | 20M |
| Oct 11, 2022 |
8-K filing: Joby Aviation, Inc. entered into an Umbrella Agreement with Delta Air Lines, Inc. to develop a long-term strategic relationship for a premium airport transportation service, and in connection with this, Delta purchased 11,044,232 shares of Joby Aviation's common stock at $5.4327 per share for $60,000,000. ($60.0M proceeds) |
580M | 23M |
| Oct 04, 2022 |
S-3 filing: This S-3 filing describes a redemption feature for warrants that allows for redemption when the common stock price exceeds $10.00, which is below the warrant exercise price of $11.50. |
580M | 23M |
| Sep 01, 2022 |
POS AM filing: This is a POS AM filing registering the resale of common stock and warrants by selling shareholders and affiliates. |
580M | 23M |
| Sep 01, 2022 |
POS AM filing: This POS AM filing registers for resale up to 98,357,200 shares of common stock held by selling shareholders. |
580M | 23M |
| Aug 12, 2022 |
10-Q filing | 581.3M shares outstanding |
580M | 23M |
| May 13, 2022 |
10-Q filing | 606.5M shares outstanding |
610M | 0 |
| Apr 19, 2022 |
POS AM filing: This POS AM filing relates to the resale of up to 98,357,200 shares of common stock by selling shareholders. |
610M | 0 |
| Apr 19, 2022 |
POS AM filing: This prospectus relates to the resale of shares of common stock and warrants by selling shareholders. |
610M | 0 |
| Mar 28, 2022 |
10-K filing | 605.8M shares outstanding |
610M | 730M |
| Nov 15, 2021 |
10-Q filing | 603.9M shares outstanding |
600M | 730M |
| Oct 29, 2021 |
S-1 filing: This S-1 filing registers 98,357,200 shares of common stock for resale by selling shareholders, with a total proposed amount of $871,444,792.00. |
600M | 730M |
| Aug 17, 2021 |
S-1 filing: This S-1 filing registers for resale (i) 427,719,042 shares of common stock issued in connection with the Merger, (ii) 83,500,000 shares of common stock issued in the PIPE Investment, (iii) up to 28,783,333 shares of common stock upon the exercise of outstanding warrants, and (iv) up to 11,533,333 warrants originally purchased in a private placement. |
600M | 640M |
| Aug 13, 2021 |
10-Q filing | 603.9M shares outstanding |
600M | 0 |