NYSE$JOBY

Joby Aviation Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Joby Aviation reported Q1 2026 revenue of $24.2M and a net loss of $110.0M ($0.12 per share).

Revenue of $24.2 million primarily reflects aviation services and engineering contracts, versus minimal revenue a year ago. Net loss was $110.0 million, or $0.12 per diluted share, compared with $82.4 million and $0.11. R&D spending continues for eVTOL certification and manufacturing scale-up.

  • Revenue $24.2M from services and contract liabilities recognized.
  • Net loss $(110.0)M; EPS $(0.12).
  • Certification and production scale-up remain key milestones.
  • Cash runway and partnership funding critical.

Headline financials

Total Revenue

$24.2M

Previous: $0.00
EPS (adj)

-$0.12

Previous: -$0.11-9.1%
Capital Expenditures

-$77.9M

Previous: -$15M-421.1%
Net Income

-$110M

Previous: -$82.4M-33.4%
Operating Income

-$234M

Previous: $0.00

Revenue & EPS history

Joby Aviation · Revenue · Quarterly

$24.2M

Q1 2026
Beat estimate in 5 of 9 quarters(56%)
ActualEstimate

Forward guidance

Filings emphasize FAA certification path, manufacturing ramp, and strategic partnerships rather than near-term profitability.

Tailwinds

  • Revenue recognition began on aviation services.
  • Partnerships support development funding.

Headwinds

  • Large quarterly cash burn on R&D.
  • Regulatory certification timing risk.

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 2026

Historical avgQ1 2026

+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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