First Revenue Recognition
Joby recorded $24.2M in revenue in Q1 FY2026, compared to zero in the prior-year period, marking a significant milestone as the company begins transitioning from a pure development-stage entity toward commercialization.
Joby Aviation, Inc. is expected to release its Q2 2026 10-Q filing on August 12, 2026. Last quarter: Joby Aviation reported its first-ever revenue of $24.2M in Q1 FY2026 while deepening operating losses to -$233.6M as R&D and SG&A spending surged ahead of commercial launch, offset by a major $1.28B financing inflow that dramatically strengthened its balance sheet.
EPS Estimate
$-0.24
Revenue Estimate
$30.99M
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the JOBY page.
Drawn from management commentary in the Q1 2026 10-Q:
Joby recorded $24.2M in revenue in Q1 FY2026, compared to zero in the prior-year period, marking a significant milestone as the company begins transitioning from a pure development-stage entity toward commercialization.
R&D expenses surged 32.2% year-over-year to $177.5M, reflecting intensified spending on aircraft certification, manufacturing scale-up, and technology development as Joby advances toward FAA type certification.
SG&A expenses jumped 112.3% YoY to $61.6M, suggesting significant investment in corporate infrastructure, go-to-market preparation, and administrative capacity to support anticipated commercial operations.
Revenue
$24.25M
No YoY data
EPS (Basic)
$-0.12
-9.09% YoY
Operating Income
$-233.58M
-43.05% YoY
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