NYSE$JOBY
Joby Aviation Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Joby Aviation Inc reported a net loss of $324.7 million for the second quarter of 2025.
Joby Aviation reported revenue of $15 thousand from flight services in Q2 2025, with operating expenses of $167.9 million leading to an operating loss of $167.9 million. The company recorded a significant non-cash loss from changes in fair value of warrants and earnout shares of $126.3 million, contributing to the quarterly net loss. Cash and cash equivalents stood at $336.3 million with total assets of $1.26 billion at quarter end.
- Q2 2025 revenue from flight services totaled $15 thousand, down from $28 thousand in Q2 2024.
- Net loss widened to $324.7 million compared to $123.3 million in the prior-year quarter, driven by higher R&D spend and fair value losses.
- Loss from operations increased to $167.9 million as research and development expenses rose 21% year-over-year to $136.4 million.
- Cash position strengthened to $336.3 million in cash and equivalents plus $654.7 million in short-term investments following equity raises.
Headline financials
Revenue & EPS history
Joby Aviation · Revenue · Quarterly
$15K
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro