NYSE$JOBY

Joby Aviation Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Joby Aviation reported Q1 2025 with a net loss of $82.4M and diluted EPS of $(0.11).

The eVTOL developer remained pre-revenue in the quarter, investing in certification, manufacturing, and commercial partnerships. Net loss was $82.4 million, or $0.11 per share, as R&D and G&A spend continued ahead of planned service launch.

  • Pre-revenue quarter; net loss $82.4M.
  • Diluted EPS $(0.11).
  • FAA certification and manufacturing ramp are central milestones.
  • Strategic partnerships with airlines and OEMs support the roadmap.

Headline financials

Total Revenue

$0.00

Previous: $25K-100.0%
EPS (adj)

-$0.11

Previous: -$0.14+21.4%
FAA Stage 4 Progress

2.0%

No prior period
Capital Expenditures

-$15M

Previous: -$6.89M-117.2%
Net Income

-$82.4M

Previous: -$94.6M+12.9%
Operating Income

$0.00

Previous: -$146M+100.0%

Revenue & EPS history

Joby Aviation · Revenue · Quarterly

$0

Q1 2025-100%vs Q1 2024
Beat estimate in 5 of 9 quarters(56%)
ActualEstimate

Forward guidance

Joby discusses FAA certification milestones and manufacturing capacity; no near-term revenue or EPS guidance as a pre-revenue developer.

Tailwinds

  • Certification and flight-test progress toward commercial launch.
  • Manufacturing partnership with Toyota.
  • Airline and defense partnership pipeline.

Headwinds

  • Regulatory timeline uncertainty.
  • Heavy R&D and G&A spend ahead of revenue.
  • Capital needs until commercial operations scale.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.6%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+28.1%

Q1 2022

Best reaction

-12.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+21.2%+24.0%+9.9%
Q4 2025+4.3%-0.6%-17.5%
Q3 2025-4.4%+9.0%+1.7%
Q1 2025+3.3%+12.0%+26.5%
Q4 2024+0.7%-1.5%-8.8%
Q3 2024+0.0%+22.9%+73.3%
Q2 2024+1.2%-2.5%-7.2%
Q1 2024-11.6%-8.5%-6.9%
Q4 2023-12.1%-11.9%-15.9%
Q3 2023+15.0%+13.1%+24.9%
Q2 2023-5.8%-7.2%-16.2%
Q1 2023+5.4%+8.2%+40.8%
Q4 2022+11.5%+6.8%-8.9%
Q3 2022-6.3%-8.7%-12.7%
Q2 2022+9.9%+2.2%-5.2%
Q1 2022+28.1%+35.3%+19.5%
Q4 2021+7.6%+21.2%-10.6%
Q3 2021-1.5%+1.7%-26.5%
Q2 2021-11.8%-22.1%-17.8%
Q4 2020-5.7%-5.3%-9.9%
Q3 2020+4.7%+2.0%+6.8%

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