Joby Aviation, Inc. (JOBY)
NYSE:JOBY
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.23Last Year’s EPS
-0.41Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong operational and technical progress (eIPP selection, landmark demonstration flights, infrastructure partnerships, manufacturing ramp, SR3 audit completion and a robust cash position). Financially, revenue remains small and sequentially down, operating expenses and adjusted EBITDA losses widened as Joby invests heavily in certification, manufacturing and commercial readiness; cash burn continues but is supported by a $2.5B balance sheet and recent $1.3B net capital raises. Execution risks remain (certification completion, supply chain and pilot training) and no large aircraft sales were announced. On balance, the substantial programmatic, operational and certification milestones materially outweigh near-term financial headwinds and execution risks, supporting an overall positive outlook.Company Guidance
Selection for White House-backed eIPP Program
Selected as part of 5 applications covering 11 states (including Texas, New York and Florida) to participate in the DOT/FAA eIPP pilot program; program enables faster collaboration via OTA agreements and paves the way for Joby to begin community operations this year ahead of FAA type certification.
Historic Demonstration Flights and Operational Milestones
Flew first FAA-conforming aircraft for TIA and completed demonstration flights in the Bay Area and New York: landed at Oakland and JFK, operated in Class B airspace, visited three Manhattan heliports and completed the first-ever eVTOL flight between an international airport and a downtown heliport (JFK to multiple Manhattan heliports).
Infrastructure Partnerships and Vertiport Progress
Leveraged Blade acquisition (access to America's 3 busiest heliports) and announced multiple infrastructure deals including a Century Plaza vertiport partnership (Los Angeles), a SAP Center vertiport in San Jose, and completion of the first purpose-built commercial vertiport in Dubai adjacent to Dubai International Airport.
Manufacturing Ramp and Productivity Gains
Ramped production capacity: added a third shift for composites layup and automated fiber placement, training new technician batches monthly; composites team producing 2.5x the volume of parts vs. same period last year (≈+150% year-over-year); parts in production for the 9th conforming aircraft and moving from prototype to conforming-part production.
Certification Progress — SR3 Audit Completed
Successfully completed the FAA SR3 audit (reviewing design, safety requirements and test results), confirming that test results meet FAA expectations for the final stage of type certification — a material milestone toward type certification completion.
Product Platform Expansion — Turbine-Electric VTOL Transition Flight
Completed full transition flights of turbine-electric VTOL, including a 148-mile flight at max takeoff weight (2,400 kg); demonstrated maneuverability and endurance to the U.S. Army alongside L3Harris, highlighting defense and longer-range opportunities.
Airspace Modernization Partnership
Announced partnership with Air Space Intelligence (ASI) to run real-life demonstrations of scaled operations and support air traffic modernization (4D modeling and AI); work aims to enable digital deconfliction and advance fully autonomous operations with Joby's Superpilot stack.
Strong Balance Sheet and Capital Raises
Ended Q1 with approximately $2.5 billion in cash, cash equivalents and short-term investments, including ~$1.3 billion in net proceeds from equity/convertible offerings and warrant exercises; this balance sheet underpins certification, manufacturing ramp and commercial launch plans.
FAA Conforming Aircraft Build Plan and Pilot Training
Parts are in production for 9 conforming aircraft and 5 aircraft planned for TIA flight testing; Joby installed a flight simulator in partnership with CAE and is preparing to train Joby and FAA pilots — positioning for accelerated testing and pilot readiness.
Q1 GAAP Net Loss Improvement
Reported Q1 GAAP net loss of $110 million, an improvement of $12 million (≈9.8%) versus Q4 net loss of $122 million, driven largely by a $33 million noncash favorable change in fair value of warrants/earn-out shares and higher interest income.
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 |
|---|---|---|---|
May 05, 2026 | $8.68 | $10.52 | +21.20% |
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% |
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, Inc. (JOBY) report earnings?
Joby Aviation, Inc. (JOBY) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Joby Aviation, Inc. (JOBY) earnings time?
Joby Aviation, Inc. (JOBY) earnings time is at Aug 12, 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 (Q2) is -0.23.
