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Joby Aviation (JOBY)

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Earnings summaries and quarterly performance for Joby Aviation.

Recent press releases and 8-K filings for JOBY.

Joby Aviation Supports U.S. Government's Advanced Air Mobility Plan
JOBY
New Projects/Investments
Product Launch
Hiring
  • Joby Aviation announced its support for the U.S. Department of Transportation’s (DOT) Advanced Air Mobility (AAM) National Strategy, which provides a clear policy roadmap for AAM deployment and integration.
  • The strategy aligns with Joby's preparations for early air taxi operations in U.S. cities through the eIPP program, with 2026 anticipated as an inflection point for pre-certification demonstration programs and commercial launch.
  • Joby's operational approach emphasizes leveraging existing or repurposed infrastructure, and the company has accumulated significant flight data, including over 50,000 miles flown and 850 flights in 2025, to support the strategy's recommendations.
  • The company is actively building a skilled AAM workforce, employing over 2,000 people globally, and its aircraft are in the final stage of FAA certification.
Dec 17, 2025, 9:05 PM
Joby Aviation Announces Plans to Double Manufacturing Capacity
JOBY
New Projects/Investments
Guidance Update
  • Joby Aviation plans to double its manufacturing capacity in the United States to produce four aircraft per month by 2027, up from the current two aircraft per month.
  • This expansion will utilize Joby's facilities in California and Ohio and is supported by a planned strategic manufacturing alliance with Toyota, following a $250 million strategic investment from Toyota in May 2025.
  • The decision to expand is driven by over $1 billion in potential aircraft and service sales and U.S. government support, which aims to enable air taxi operations as early as 2026.
  • Joby has also reached a critical milestone by beginning power-on testing for FAA-conforming aircraft, a step towards Type Inspection Authorization (TIA).
Dec 17, 2025, 1:00 PM
Joby Aviation Caps Year of Extensive Flight Testing and Progress Towards FAA Certification
JOBY
New Projects/Investments
Guidance Update
  • Joby Aviation completed its final international flight demonstration of 2025 at Japan's Fuji Speedway, marking the culmination of a year with over 850 flights and 50,000 miles flown across its electric air taxi fleet.
  • The company demonstrated a 2.6x increase in operational tempo over the previous year, flying in three countries (USA, UAE, Japan), covering over 9,000 miles in electric air taxi flights, and completing more than 4,900 test points.
  • These extensive flight activities in 2025 are crucial for validating aircraft design and manufacturing processes, directly supporting the final stages of FAA certification efforts, with Type Inspection Authorization (TIA) flight testing and the goal of carrying first passengers both targeted for 2026.
Dec 15, 2025, 1:00 PM
Joby Aviation's Turbine Electric Demonstrator Aircraft Completes First Flight
JOBY
Product Launch
New Projects/Investments
  • Joby Aviation announced the first flight of its turbine electric, autonomous VTOL aircraft on November 7 at its Marina, California, facility.
  • The demonstrator integrates a hybrid turbine powertrain and Joby’s SuperPilot™ autonomy stack, designed to deliver greater range and payload capability for potential longer-range air taxi services and defense applications.
  • This flight occurred just three months after Joby announced the aircraft concept alongside a new partnership with L3Harris Technologies.
  • Joby and L3Harris are on track to begin flying government mission demonstrations using the aircraft in 2026.
Nov 13, 2025, 1:00 PM
Joby Aviation and Saudi Arabia Announce Electric Air Taxi Deployment Plans
JOBY
New Projects/Investments
Product Launch
  • Joby Aviation and the General Authority of Civil Aviation (GACA) of Saudi Arabia announced plans for the rapid deployment of Joby’s electric air taxi service in the Kingdom.
  • GACA will align with Federal Aviation Administration (FAA) certification standards to create a streamlined approval process for Joby’s aircraft, positioning Saudi Arabia as a key launch market for air taxi service.
  • This agreement builds on Joby’s existing partnership with Abdul Latif Jameel to explore the delivery of up to 200 Joby aircraft, valued at approximately $1 billion, in Saudi Arabia.
  • The initiative supports Saudi Arabia's Vision 2030 goals and its Aviation Program, which aims to unlock US$100 billion in private and government investment across the Kingdom's aviation sector.
Nov 12, 2025, 9:05 PM
Joby Aviation Signs Agreement for Up to $250 Million Aircraft Sale in Kazakhstan
JOBY
New Projects/Investments
Revenue Acceleration/Inflection
  • Joby Aviation, Inc. has signed a letter of intent to sell electric vertical takeoff and landing (eVTOL) aircraft and services valued at up to $250 million to Alatau Advance Air Group (AAAG) in Kazakhstan.
  • This agreement aims to establish Kazakhstan's first air taxi service, with the Republic of Kazakhstan's Ministry of Artificial Intelligence and Digital Development committing to regulatory and infrastructure support.
  • The deal also includes collaboration on sourcing critical materials, such as titanium and rare earth metals, from Kazakhstan for Joby's aircraft manufacturing.
Nov 6, 2025, 9:06 PM
Joby Aviation to Sell Aircraft and Services in Kazakhstan
JOBY
New Projects/Investments
  • Joby Aviation has signed a letter of intent to sell electric vertical takeoff and landing (eVTOL) aircraft and services valued at up to $250 million to Alatau Advance Air Group (AAAG) in Kazakhstan.
  • This agreement aims to establish Kazakhstan's first air taxi service, with the Republic of Kazakhstan’s Ministry of Artificial Intelligence and Digital Development committing to provide regulatory and infrastructure support.
  • The deal also includes collaboration on sourcing critical materials, such as titanium and rare earth metals, from Kazakhstan for the production of Joby’s aircraft.
Nov 6, 2025, 9:05 PM
Joby Aviation's Blade Division Launches Commuter Flight Pilot Program
JOBY
Product Launch
New Projects/Investments
  • Blade Urban Air Mobility, Inc., a division of Joby Aviation, announced a pilot program for weekday commuter flights connecting Manhattan and Westchester County Airport.
  • The service is set to begin on Monday, December 1, offering morning and evening flights with seats priced from $125 to $225 per passenger.
  • This program aims to shorten rush hour commutes to twelve minutes and will transition to Joby's quiet, zero-emission aircraft following FAA certification, providing insights to accelerate Joby's commercialization efforts.
Nov 6, 2025, 1:00 PM
Joby Aviation Begins TIA Testing and Reports Q3 2025 Results
JOBY
Earnings
New Projects/Investments
Guidance Update
  • Joby Aviation has commenced power-on testing for its first aircraft intended for Type Inspection Authorization (TIA), signaling the final stage of the certification process, with plans for FAA pilots to begin for-credit testing next year. The company is building a total of five aircraft for TIA testing.
  • For Q3 2025, Joby reported $23 million in revenue, which includes $14 million from BLADE and $9 million from other services. The company ended the quarter with $978 million in cash and short-term investments, further bolstered by $576 million in net proceeds from an equity offering in October.
  • Production is scaling, with 15x more FAA-conforming parts produced in Marina this year compared to all of 2024, and propeller blade production has begun at its Dayton, Ohio facility.
  • The U.S. government's EIPP program is expected to accelerate demand and offer revenue-generating opportunities, with operations anticipated to start in mid-2026.
Nov 5, 2025, 10:00 PM
Joby Aviation Reports Q3 2025 Financial Results and Certification Progress
JOBY
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
  • Joby has initiated power-on testing for Type Inspection Authorization (TIA), marking the final stage of the certification process, with plans for FAA pilots to commence for-credit testing next year.
  • For Q3 2025, the company reported $23 million in revenue, which included $14 million from Blade and $9 million from other revenue sources, alongside a GAAP net loss of $401 million.
  • Joby concluded Q3 2025 with approximately $978 million in cash and short-term investments, further bolstered by an additional $576 million in net proceeds received in October.
  • The company is significantly scaling production, having produced 15 times more FAA-conforming parts in Marina this year compared to all of 2024, and has commenced propeller blade production at its Dayton, Ohio facility.
  • Joby is actively pursuing early commercialization opportunities, including advanced conversations for the U.S. government's EIPP program and plans to begin operations in Dubai next year.
Nov 5, 2025, 10:00 PM