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Joby Aviation (JOBY)
NYSE:JOBY
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.11Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted meaningful operational and regulatory milestones (FAA-conforming aircraft, record 18-point Stage 4 progress), strong commercial partnerships, a major capital raise (~$1.8B) and clear plans to scale manufacturing and deploy in Dubai and eIPP markets. These positives are balanced against continued GAAP losses, rising operating expenses, substantial near-term cash burn guidance (H1 2026 midpoint ~$355M), dependence on Blade for 2026 revenue, and execution risks tied to the manufacturing ramp and remaining certification steps. On balance, the progress and funding provide momentum and runway to execute the next phases, though material execution and timing risks remain.Company Guidance
FAA Conforming Aircraft and TIA Readiness
The first FAA-conforming aircraft is now ready to fly and all aircraft intended for TIA testing are in production, marking a key milestone toward flight testing with FAA pilots later this year.
Major Certification Momentum — 18‑Point Stage 4 Improvement
Joby posted a record 18-point increase on the FAA side of Stage 4 of certification, signaling strong regulatory progress and increased maturity of the aircraft design.
Strong Capital Raise and Cash Position
Raised approximately $1.8 billion across Q4 and Q1; ended Q4 with $1.4 billion in cash, cash equivalents and short-term investments (including $586M raised during the quarter), and completed a post-quarter financing that provided ~ $1.2 billion in net proceeds, materially strengthening the balance sheet and runway.
Partnerships, Contracts and Market Demand
Multiple commercial and strategic wins: demo flight with Toyota at Mount Fuji; participation in a Nomura-led Tokyo consortium; MOU with Red Sea Global and The Helicopter Company for Saudi Arabia; LOI to sell aircraft/services up to $250M to Kazakhstan; deepening partnership with Delta (warrant milestone exercised); Uber in-app Joby experience debuted in Dubai.
Manufacturing Scale-Up and Facility Investment
Signed agreement to purchase a 728,000 sq ft production facility in Dayton, Ohio and plan to double production to 4 aircraft per month by 2027. Manufacturing redesign aligned to Toyota Production System principles achieved ~50% reduction in movement of people and parts to improve efficiency.
Blade Integration and Near-Term Revenue Guidance
Q4 revenue was $31M, up $8M sequentially (+34.8% QoQ) driven largely by a full quarter of Blade revenue ($21M). For 2026 Joby provided full-year revenue guidance of $105M–$150M, with the vast majority expected from the Blade passenger business; Blade-Uber integration expected to deploy in H1.
Technical Demonstrators and Defense/Adjacency Progress
Flew a turbine-electric autonomous VTOL demonstrator three months after announcement (hybrid turbine powertrain + Superpilot autonomy) in partnership with L3Harris; defense and medical/cargo opportunities being pursued with planned on-site customer demonstrations.
Disciplined Cash Deployment and Capital Allocation
Q4 cash use was $157M (vs. $147M in Q3). Full-year 2025 cash use totaled $539M, within guidance. Management emphasized milestone-driven, deliberate capital allocation as they move from prototyping to repeatable manufacturing.
JOBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JOBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $9.82 | $10.23 | +4.18% |
Nov 05, 2025 | $15.00 | $14.32 | -4.53% |
Aug 06, 2025 | $18.93 | $17.25 | -8.87% |
May 07, 2025 | $6.42 | $6.65 | +3.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Joby Aviation (JOBY) report earnings?
Joby Aviation (JOBY) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Joby Aviation (JOBY) earnings time?
Joby Aviation (JOBY) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JOBY EPS forecast?
JOBY EPS forecast for the fiscal quarter 2026 (Q1) is -0.21.
