Industrials · NYSE: JOBY
Joby Aviation: how the business works
Joby Aviation is building an electric air taxi and owns the Blade charter flight business, with revenue of $53.4 million and a net loss of $929.8 million in FY2025.
By Hardik Bhandare · Checked against filings: . Editorial policy. Corrections
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Joby Aviation, Inc. · Santa Cruz, California
Updated for Q3 FY2026 · checked
- Revenue, FY2025
- $53.4M
- Net loss, FY2025
- −$929.8M
- Revenue, Q3 FY2026
- $55.1M
- Cash and short-term investments, Sep 30, 2026
- $2,197.9M
- Employees, Jan 31, 2026
- 2,559
The short version
Joby Aviation in 5 points
1 · What it sells
Joby Aviation is developing an electric air taxi that earns no fares yet, and sells Blade charter flights, which brought in $53.2 million of its $55.1 million Q3 FY2026 revenue.
2 · Who pays it
In the first nine months of FY2026, Blade passengers paid 94.2% of revenue and government and other customers paid 5.8%.
3 · What it keeps from $100
Of every $100 that came in during FY2025, including interest, the net loss was $962.7 after non-cash charges; the loss from operations alone was $719.6 million.
4 · Where the operating profit comes from
Joby Aviation has no operating profit: it reports one segment, and FY2025 operating costs of $773.0 million, led by $581.1 million of research and development, gave a loss from operations of $719.6 million.
5 · The one thing to watch
Joby Aviation held $2,197.9 million of cash and short-term investments at Sep 30, 2026, and on Nov 4, 2026 guided second-half 2026 cash use of $385 million to $415 million.
Sources: From Joby Aviation's FY2025 10-K, Q3 FY2026 10-Q and Q3 2026 shareholder letter · checked
See the full receipt and the management scorecard below
01Where the money goes · FY2025
Where does $100 of Joby Aviation's money go?
Joby Aviation · FY2025
Receipt for every $100
| Cost of revenue | $30.4 |
|---|---|
| Research and development | $601.6 |
| Selling, general and administrative | $168.3 |
| Non-cash loss on warrants, earnout shares and contingent payments | $219.3 |
| Loss on issuing shares to Toyota | $41.7 |
| Income tax | $1.4 |
| Net loss (costs above money in) | −$962.7 |
| Total | $100 |
Each line = amount ÷ total money in × 100. Lines may not add to exactly $100 because of rounding.
How this is worked out
Cityfort calculation from the FY2025 10-K. Of every $100 that came in during FY2025 (revenue of $53.4 million plus interest and other income of $43.2 million). The cost lines add to far more than $100, so the last line is a loss. Measured on revenue alone, the loss from operations was $1,346.9 per $100. Stock-based pay ($127.9 million) sits inside the cost lines.
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02The business in one line
What does Joby Aviation do?
Charter flyers pay Joby Aviation for Blade flights while it develops an electric air taxi; its operating costs were more than 14 times revenue in FY2025, and share sales and notes cover the losses.
- FY2025 revenue was $53.4 million: $34.8 million from Blade passenger flights after Aug 29, 2025, and $18.6 million from government flight services, demonstrations and engineering work.
- Operating costs were $773.0 million, led by research and development at $581.1 million. That left a loss from operations of $719.6 million.
03Who pays it
Who pays Joby Aviation?
Blade passengers (charter flyers)
94%
of revenue
$111.2 million of passenger revenue in the first nine months of FY2026, or 94.2% (Cityfort calculation from the Q3 FY2026 10-Q). More than 44,000 passengers flew in Q3 2026, the company said.
Government agencies and other customers
6%
of revenue
$6.8 million of other revenue in the first nine months of FY2026, or 5.8% (Cityfort calculation from the Q3 FY2026 10-Q), for flight services, demonstrations and engineering work.
- Blade passengers (charter flyers)94%
- Government agencies and other customers6%
Customer concentration
The FY2025 10-K says two unnamed customers were about 14% and 12% of FY2025 revenue. Government agencies were 45% of other receivables at Dec 31, 2025.
- Largest customer
- 14%
04Why it makes money
Why does Joby Aviation make money?
Joby Aviation spends ahead of revenue: the air taxi must be certified and built before the ride service it plans can earn money.
Most costs are research and development, $581.1 million in FY2025. Revenue so far comes mainly from Blade charter flights. Interest on cash and short-term investments, $2,197.9 million at Sep 30, 2026, offsets part of the loss.
Loss from operations (US$ million)
−$259.1−$719.6
FY2021 to FY2025
- Design and test the aircraft: research and development was $581.1 million in FY2025
- Pass the FAA's five certification stages: Stages 1 to 3 were complete at Oct 30, 2026, the company said
- Build aircraft: 17 were in production, the company said on Nov 4, 2026, with Toyota as manufacturing partner
- Fly passengers in its own service, through local partners, or sell aircraft, including for defense
- Meanwhile Blade charter flights bring in revenue: $53.2 million in Q3 FY2026
- Until revenue covers costs, share sales and notes pay for losses: free cash flow was an outflow of $563.8 million in FY2025
↺ Step 6 feeds back into step 1.
05The numbers · Consolidated · US$
How has Joby Aviation done?
Revenue
$53.4MFY2025
Revenue was zero or near zero until FY2024, then reached $53.4 million in FY2025 after the Blade purchase and $55.1 million in Q3 FY2026.
US$
See the numbers
Net profit
−$930MFY2025
Net loss rose to $929.8 million in FY2025, including a $211.9 million non-cash revaluation loss; the loss from operations grew every year, to $719.6 million.
US$
See the numbers
Profit kept per $100 of revenue
−$1740.5FY2025
Net loss was about $1,740 per $100 of revenue in FY2025; earlier years are not shown because revenue was zero or about $1 million or less.
$ of profit per $100 of revenue (net margin)
See the numbers
Free cash flow
−$564MFY2025
Free cash flow was an outflow every year, $563.8 million in FY2025, and stock-based pay of $127.9 million was more than twice that year's revenue.
US$ · cash from operations minus spending on plants and equipment
See the numbers
See all yearly numbers
EBITDA here = operating income plus depreciation and amortization (from the cash flow statement). Fiscal years are the company's own (Dec 31; fiscal quarters are calendar quarters). Net profit is the share belonging to the company's owners.
Download Joby Aviation's yearly and quarterly numbers (CSV, with source ids)
Learn: Fiscal years that don't end in December: Nvidia's FY2027 explained · Stock-based compensation and dilution: pay that becomes shares
Sources (13)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-Q, Q3 FY2024 (quarter ended Sep 30, 2024)
- Form 10-Q, Q1 FY2026 (quarter ended Mar 31, 2026)
- Form 10-Q, Q1 FY2025 (quarter ended Mar 31, 2025)
- Form 10-Q, Q2 FY2026 (quarter ended Jun 30, 2026)
- Form 10-Q, Q2 FY2025 (quarter ended Jun 30, 2025)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 10-Q, Q3 FY2025 (quarter ended Sep 30, 2025)
- Q1 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Q2 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
06Who runs it
Who runs Joby Aviation, and did they deliver?
JoeBen Bevirt
Founder and Chief Executive Officer
Held 9.40% of the shares at Mar 31, 2026. His 2025 total pay was $3,706,622; the CEO pay ratio was 21 to 1.
Rodrigo Brumana
Chief Financial Officer
2025 total pay of $11,659,240, of which $11,187,459 was stock awards.
Sergey Novikov
Principal Accounting Officer · since 2026
Appointed Sep 2, 2026, per an 8-K filed Sep 9, 2026.
What they said, and what happened
2 delivered · 3 too early to tell
Said on May 7, 2025
The company said it expected 2025 use of cash and short-term investments, excluding equity financings, of $500 million to $540 million.
DeliveredWhat happened
The company reported 2025 use of $539 million on Feb 25, 2026.
Said on Feb 25, 2026
The company guided first-half 2026 cash use of $340 million to $370 million, excluding about $33 million for the Ohio building.
DeliveredWhat happened
First-half cash use excluding the Ohio building was $365 million, which the company called in line with its guidance.
Said on Feb 25, 2026
The company gave full-year 2026 revenue guidance of $105 million to $115 million.
Too early to tellWhat happened
It raised the range to $115 million to $125 million on Aug 5 and to $135 million to $140 million on Nov 4, 2026. Revenue for the first nine months was $118.0 million.
Said on Nov 4, 2026
The company said "FAA pilot training and Joby flight testing of the relevant aircraft" were "expected in the first half of next year" (2027), and listed "plans to begin TIA testing next year".
Too early to tellWhat happened
Stages 1 to 3 of type certification were complete at Oct 30, 2026, the company said.
Said on Nov 4, 2026
The company said operational flight testing with a pilot in Dubai is planned later in 2026.
Too early to tellWhat happened
The second Dubai vertiport was complete, the company said on Nov 4, 2026.
Sources (7)
- Definitive proxy statement (DEF 14A), 2026 annual meeting
- Form 8-K, Item 5.02: Principal Accounting Officer appointed (filed Sep 9, 2026)
- Q1 2025 shareholder letter (Form 8-K, Exhibit 99.2)
- Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2)
- Q2 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
07What could go wrong
What could go wrong for Joby Aviation?
- Regulation
The air taxi is not certified
The aircraft needs FAA type certification before it can carry paying passengers; Stages 4 and 5 were not complete at Oct 30, 2026. The air taxi had earned no fares at Sep 30, 2026.
Watch FAA pilot training and Joby flight testing of the relevant aircraft, which the company said on Nov 4, 2026 it expects in the first half of 2027, and the start of TIA testing, which it plans for 2027.
- Cash and liquidity
Losses need outside money
Free cash flowCash from operations minus spending on buildings and equipment. Learn more was an outflow of $563.8 million in FY2025 and $193.4 million in Q3 FY2026. The company guided second-half 2026 cash use of $385 million to $415 million.
Watch Cash and short-term investments, $2,197.9 million at Sep 30, 2026, in the FY2026 10-K.
- Legal
A $116.9 million jury verdict
A jury awarded Aerosonic $116.9 million on Oct 2, 2026 in a case over breach of contract and trade secret claims. The company said it strongly disagrees with the verdict and intends to pursue post-trial and appellate remedies; it recorded no liability at Sep 30, 2026.
Watch Rulings on post-trial motions and Aerosonic's request for an injunction.
- Legal
Patent complaint by Archer
Archer Aviation's Section 337 complaint at the US International Trade Commission covers four patents. A hearing is set for January 2027.
Watch The initial determination, due by May 14, 2027.
- Other
Share count keeps rising
Shares outstanding rose from 784.2 million at Dec 31, 2024 to 1,016.6 million at Nov 2, 2026. The 2032 notes could convert into about 48.6 million more shares (Cityfort calculation from the 2032 notes prospectus).
Watch The share count on each 10-Q cover and use of the $620.0 million left in the share sale program.
- Concentration
Revenue rests on one seasonal business
Blade passenger flights were 94.2% of revenue in the first nine months of FY2026 (Cityfort calculation from the Q3 FY2026 10-Q). The 10-Q says Blade is seasonal, with higher second and third quarters.
Watch Passenger revenue in the fourth quarter, $21.2 million in Q4 FY2025 (Cityfort calculation from the FY2025 10-K and Q3 FY2025 10-Q).
- Execution
A $500 million acquisition
Joby agreed on Aug 8, 2026 to buy Resonant Sciences for a $500 million base price, mostly in cash. The deal needs approvals; closing is expected in early 2027.
Watch Closing of the Resonant Sciences purchase and its effect on cash.
Sources (7)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 10-Q, Q2 FY2026 (quarter ended Jun 30, 2026)
- Prospectus supplement (424B5), 0.75% Convertible Senior Notes due 2032
- Form 10-Q, Q3 FY2025 (quarter ended Sep 30, 2025)
- Form 8-K: agreement to acquire Resonant Sciences (Strix Holdings) for $500M base price; $750M ATM program (filed Aug 11, 2026)
08Both sides
What do supporters and critics point to?
What supporters point to
- Stages 1 to 3 of FAA type certification were complete at Oct 30, 2026, the company said, and it said FAA pilot training and Joby flight testing of the relevant aircraft are expected in the first half of 2027, with TIA testing planned to begin in 2027.
- Cash and short-term investments were $2,197.9 million at Sep 30, 2026, against $702.6 million of debt.
- Revenue rose from $22.6 million in Q3 FY2025 to $55.1 million in Q3 FY2026, and the company has raised its 2026 revenue guidance twice.
- Toyota held 13.10% at Mar 31, 2026, and is its partner in a manufacturing joint venture formed Jun 29, 2026.
- Cash use matched company guidance for 2025 and for the first half of 2026.
What critics point to
- The air taxi had earned no fares at Sep 30, 2026, and revenue comes almost entirely from Blade charter flights.
- The net loss was $929.8 million in FY2025, and free cash flow was an outflow of $563.8 million.
- Shares outstanding rose from 784.2 million at Dec 31, 2024 to 1,016.6 million at Nov 2, 2026.
- A jury awarded Aerosonic $116.9 million on Oct 2, 2026, and no liability had been recorded at Sep 30, 2026.
- Aircraft agreements with Abdul Latif Jameel and Alatau Advance Air Group are not firm orders.
09What to watch next
What should you watch next at Joby Aviation?
Next event
Q4 FY2026 results
Date not announced yet.
Certification flight testing
The company said on Nov 4, 2026 that it expects FAA pilot training and Joby flight testing of the relevant aircraft in the first half of 2027, and that it plans to begin TIA testing in 2027.
The 2026 revenue range
The company guided $135 million to $140 million on Nov 4, 2026. Revenue for the first nine months was $118.0 million.
Cash use
The company guided $385 million to $415 million for the second half of 2026; cash and short-term investments were $2,197.9 million at Sep 30, 2026.
The Aerosonic case
Rulings on Joby's post-trial motions and Aerosonic's injunction request, after the $116.9 million verdict of Oct 2, 2026.
10Key dates
What are the key dates for Joby Aviation?
| Event | Date | Source |
|---|---|---|
| Q4 FY2026 resultsNot announced as of Nov 7, 2026. The Q4 FY2025 shareholder letter came on Feb 25, 2026. | Not yet stated | EDGAR filing list, Joby Aviation, Inc. (CIK 0001819848); Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2) |
| Resonant Sciences purchase expected to closeEarly 2027, subject to approvals, per the Q3 2026 shareholder letter. | Not yet stated | Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2) |
| ITC initial determination in Archer's patent complaintHearing in January 2027; the final determination is due by Sep 14, 2027, per the Q3 FY2026 10-Q. | Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026) | |
| 0.75% convertible notes due 2032 mature$690.0 million of principal was outstanding at Sep 30, 2026. | Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026) |
Learn: How to read a US earnings release: Nvidia's Q2 fiscal 2027
11Key facts
Key facts about Joby Aviation
- What does Joby Aviation do?
- Joby Aviation is developing a piloted, all-electric air taxi that takes off and lands vertically and carries up to four passengers. Since Aug 29, 2025 Joby Aviation also runs Blade's passenger charter business; Joby had 2,559 employees at Jan 31, 2026.
- How does Joby Aviation make money?
- Joby Aviation earns most of its revenue from Blade charter flights: passenger revenue was $53.2 million of Joby's $55.1 million revenue in Q3 FY2026. Joby Aviation's air taxi had not entered commercial service at Sep 30, 2026, so it earned no air taxi fares.
- What is Joby Aviation's business model?
- Joby Aviation's FY2025 10-K describes three routes to market for its air taxi: a ride service Joby operates itself (in the US and Dubai), service run by local partners, and direct aircraft sales, including for defense.
- Is Joby Aviation profitable?
- No. Joby Aviation reported a net loss of $929.8 million in FY2025 and $211.8 million in Q3 FY2026. Joby Aviation's loss from operations was $719.6 million in FY2025, and it reported a net loss in every year from FY2021 to FY2025.
- What is Joby Aviation's revenue by segment?
- Joby Aviation reports one business segment. Joby Aviation's FY2025 revenue of $53.4 million split into passenger revenue of $34.8 million (65.2%) and other revenue of $18.6 million (34.8%) (Cityfort calculation from the FY2025 10-K).
- What is Joby Aviation's Blade business?
- Blade is an air charter broker serving the New York area and Southern Europe; Joby Aviation bought this passenger business from Blade Air Mobility on Aug 29, 2025. Joby Aviation's passenger revenue, all from Blade, was $34.8 million in FY2025 and $53.2 million in Q3 FY2026.
- What is the Joby Aviation air taxi?
- The Joby Aviation air taxi is an electric aircraft with a pilot, up to four passengers, six propellers and four battery packs, according to the FY2025 10-K. Joby Aviation said 17 aircraft were in production in its Q3 2026 shareholder letter of Nov 4, 2026.
- What does Joby Aviation do for the US government?
- Joby Aviation earns other revenue from government flight services, demonstrations and engineering work: $18.6 million in FY2025. Joby Aviation said on Nov 4, 2026 that its US Air Force autonomy contracts total nearly $37 million.
- Who are Joby Aviation's customers?
- Joby Aviation's customers are Blade charter passengers and government and other customers. In the first nine months of FY2026, passengers paid 94.2% of Joby Aviation's revenue and other customers 5.8% (Cityfort calculation from the Q3 FY2026 10-Q).
- Who owns Joby Aviation?
- Toyota Motor Corporation held 13.10% of Joby Aviation's shares and founder and CEO JoeBen Bevirt held 9.40% at Mar 31, 2026, per the 2026 proxy. Directors and executive officers of Joby Aviation as a group held 20.35%.
Terms on this page
- Capital expenditures (capex)
- Customer concentration
- Debt-to-equity
- Earnings per share (EPS)
- EBITDA
- Free cash flow
- Market cap
- Net debt
- Net margin
- Revenue vs net income
Each explains the term in plain English, with the same number from other companies on Cityfort.
Go deeper
More detail from the same filings. Open any section.
12What it sells
12What it sells
What does Joby Aviation sell?
Electric air taxi (in certification)
A piloted, all-electric aircraft that takes off and lands vertically (an eVTOL), carrying up to four passengers. The company expects an average trip of about 25 miles. It had not entered commercial service at Sep 30, 2026.
Blade passenger flights
An air charter broker serving the New York area and Southern Europe, bought from Blade Air Mobility on Aug 29, 2025. Passenger revenue was $34.8 million in FY2025 and $53.2 million in Q3 FY2026.
Government and other work
Flight services for government agencies, demonstrations and engineering work. Other revenue was $18.6 million in FY2025 and $1.9 million in Q3 FY2026.
Think of it like this
The air taxi is meant to work like a helicopter ride service, but with an electric aircraft the company puts at about 65 dBA at takeoff and landing.
What it does
- Does: Designs, tests and builds its own aircraft, with over 330 patents issued or allowed at Jan 31, 2026
- Does: Holds an FAA Part 135 air carrier certificate, received in 2022
- Does: Sells Blade charter flights: $53.2 million of passenger revenue in Q3 FY2026
What it does not do
- Does not: Does not yet carry fare-paying passengers in its own air taxi: it was not in commercial service at Sep 30, 2026
- Does not: Does not report aircraft orders: agreements with Abdul Latif Jameel (up to 200 aircraft) and Alatau Advance Air Group are a memorandum of understanding and a letter of intent, not firm orders
- Does not: Does not plan to make the production aircraft alone: a joint venture 51% owned by Toyota was formed on Jun 29, 2026 "for the purpose of establishing an entity to manufacture" the S4 Series aircraft
13How the money flows
13How the money flows · FY2025
How does money flow through Joby Aviation?
Money in
- Revenue (Blade passengers $34.8M, other $18.6M)$53.4M
- Interest and other income, net$43.2M
The company
Joby Aviation
$96.6M came in
Money out
- Cost of revenue$29.3M
- Research and development$581M
- Selling, general and administrative$163M
- Non-cash loss on revaluing warrants, earnout shares and contingent payments$212M
- Loss on issuing shares to Toyota$40.3M
- Income tax$1.3M
- Net loss−$930M
- Customers paid $53.4 million in FY2025, and interest and other income added $43.2 million.
- Cost of revenue took $29.3 million.
- Research and development took $581.1 million and selling, general and administrative costs $162.6 million, for a loss from operations of $719.6 million.
- A $211.9 million non-cash loss on revaluing warrants, earnout shares and contingent payments, and a $40.3 million loss on issuing shares to Toyota, added to it.
- After $1.3 million of tax, the net loss was $929.8 million.
14What it needs to run
14What it needs to run
What does Joby Aviation need to run?
FAA approval
The aircraft needs FAA type certification, a five-stage process. Joby received its Part 135 air carrier certificate in 2022, and the FAA published rules for eVTOL operations in October 2024.
Engineers and staff
2,559 employees at Jan 31, 2026. Research and development cost $581.1 million in FY2025, and stock-based payPay given as shares instead of cash, which spreads ownership more thinly. Learn more was $127.9 million.
Factories
Plants in Marina and San Carlos, California, and a site of about 728,000 square feet in Vandalia, Ohio, bought in March 2026 for $61.5 million.
Toyota as partner
Toyota supplies components and formed a manufacturing joint venture with Joby on Jun 29, 2026 (Toyota 51%, Joby 49%). The company says Toyota had invested nearly $650 million by Dec 31, 2025.
Outside money
Free cash flow was an outflow of $563.8 million in FY2025. Financing brought in $1,026.6 million that year, mostly from share sales and Toyota's investment.
Sources (5)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 8-K: purchase agreement for Vandalia, Ohio property, $61.5M (filed Jan 7, 2026)
- Form 8-K: Ohio property acquisition and $30.75M mortgage loan (filed Mar 11, 2026)
- Form 8-K: Joby-Toyota manufacturing joint venture JTAMPC (filed Jun 30, 2026)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
15Where it sells
15Where it sells · FY2025
Where does Joby Aviation sell?
- United States67%
- Japan15%
- Europe13%
- Other5%
16Where growth could come from
16Where growth could come from
Where could Joby Aviation's growth come from?
In its Q3 2026 shareholder letter (Nov 4, 2026), the company raised its full-year 2026 revenue guidance to $135 million to $140 million, and guided second-half 2026 cash use of $385 million to $415 million. It said its certification work lays the groundwork for TIA flight testing to begin, "with FAA pilot training and Joby flight testing of the relevant aircraft expected in the first half of next year" (2027), and it listed "plans to begin TIA testing next year" among its forward-looking statements.
FAA type certification
WorkingStages 1 to 3 of 5 complete (Oct 30, 2026)
The company said on Nov 4, 2026 that its work lays the groundwork for type inspection authorization (TIA) flight testing, "with FAA pilot training and Joby flight testing of the relevant aircraft expected in the first half of next year" (2027). It also listed "plans to begin TIA testing next year" among its forward-looking statements.
Status: Working, on track against what the company said.
Blade passenger flights
Working$53.2M of passenger revenue in Q3 FY2026
Up from $13.7 million in Q3 FY2025, the first quarter with Blade. The company said more than 44,000 passengers flew in Q3 2026; Blade is seasonal, with higher second and third quarters.
Status: Working, on track against what the company said.
Dubai service
EarlySecond vertiport complete
Joby has a six-year exclusive right to operate air taxis in Dubai. The company said on Nov 4, 2026 that operational flight testing with a pilot is planned later this year.
Status: Early, too early to judge.
Defense work
NewAir Force contracts of nearly $37M
The company said on Nov 4, 2026 its autonomy contracts rose from nearly $20 million. It agreed on Aug 8, 2026 to buy Resonant Sciences, a defense technology company, for a $500 million base price, mostly in cash.
Status: New, recently announced.
Manufacturing with Toyota
Early17 aircraft in production
On Jun 29, 2026 Joby and Toyota formed a joint venture (Toyota 51%, Joby 49%) "for the purpose of establishing an entity to manufacture" the S4 Series aircraft. Joby bought an Ohio site for $61.5 million in March 2026.
Status: Early, too early to judge.
Status compares progress with what the company itself said it would do: Working = on track against what the company said; Mixed = partly on track; Behind = behind the company's own plan; New = recently announced; Early = too early to judge.
Sources (6)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 8-K: agreement to acquire Resonant Sciences (Strix Holdings) for $500M base price; $750M ATM program (filed Aug 11, 2026)
- Form 8-K: Joby-Toyota manufacturing joint venture JTAMPC (filed Jun 30, 2026)
- Form 8-K: purchase agreement for Vandalia, Ohio property, $61.5M (filed Jan 7, 2026)
17The company's own measures (non-GAAP)
17The company's own measures · FY2025 and Q3 FY2026
What do Joby Aviation's own measures show?
Official (GAAP): Loss from operations, FY2025
−$720M
Company's own measure: Adjusted EBITDA, FY2025
−$546M
The company's measure adds back depreciation and amortization, stock-based pay and acquisition costs, and leaves out interest income, the Toyota share-issuance loss and revaluation of warrants and earnout shares.
Official (GAAP): Loss from operations, Q3 FY2026
−$278M
Company's own measure: Adjusted EBITDA, Q3 FY2026
−$208M
Same definition; $3.5 million of acquisition costs were added back in the quarter.
Official (GAAP): Net cash used in operating activities, FY2025
$510M
Company's own measure: Use of cash and short-term investments, excluding equity financings, FY2025
$539M
The company's own measure of how much its cash and short-term investments fell before money raised from share sales; it is not a GAAP cash flow line.
These are the company's own measures, defined by the company. They are not comparable across companies, and they are not added together. Each sits beside the nearest official (GAAP) figure.
Learn: Non-GAAP measures: what a company's "adjusted" numbers leave out · Stock-based compensation and dilution: pay that becomes shares
18Financial strength and debt
18Financial strength · Sep 30, 2026
How much debt does Joby Aviation have?
- Total debt$703M
- Cash and investments$2.2B
- Net cash (cash minus debt)$1.5B
- Net worth (shareholders' money)$1.7B
- Debt to equity
- 0.4×
- $ of debt for every $1 of shareholders' money
- Net cash of $1,495.3 million is a Cityfort calculation from the Q3 FY2026 10-Q: cash and short-term investments less the carrying value of debt. Using the $720.8 million of principal instead gives $1,477.1 million.
- Debt is $690.0 million of 0.75% convertible notes due Feb 15, 2032, issued Feb 2, 2026 and unsecured, plus a $30.75 million mortgage at 6.784% on the Ohio site.
- Joby had no borrowings at any year end from FY2021 to FY2025, only small finance leases.
- Warrant and earnout share liabilities ($68.3 million at Sep 30, 2026) are non-cash values that change with the share price, not borrowings.
- Free cash flow was an outflow of $193.4 million in Q3 FY2026 (Cityfort calculation from the Q2 FY2026 and Q3 FY2026 10-Qs).
- No amount is recorded for the $116.9 million Aerosonic jury verdict of Oct 2, 2026; the 10-Q calls a loss reasonably possible (see governance).
Sources (7)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 10-Q, Q2 FY2026 (quarter ended Jun 30, 2026)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
- Form 10-K, fiscal year 2021 (year ended Dec 31, 2021)
- Prospectus supplement (424B5), 0.75% Convertible Senior Notes due 2032
- Form 8-K: Ohio property acquisition and $30.75M mortgage loan (filed Mar 11, 2026)
19Who owns it
19Who owns it · ownership as of Mar 31, 2026
Who owns Joby Aviation?
- Officers and directors (as a group), shares
- 20.4%
Share classes
Holders of 5% or more
From the company's proxy statement (DEF 14A), later Schedule 13G filings and the share counts on its latest annual or quarterly report. Each holder row shows the date of its own filing.
Insider trades · Form 4 data as of Nov 6, 2026
What did Joby Aviation's insiders report trading?
Joby Aviation's insiders made 138 Form 4A filing an insider must make within two business days of buying or selling the company's shares. Learn more filings in the 12 months to Nov 6, 2026.
They reported 2 purchases (1,100 shares) and 129 sales (5.7 million shares) in the open market or privately (codes P and S).
74 of the 129 sales were on forms with the Rule 10b5-1 plan box checked.
The same filings report 165 other share transactions (M: 142, A: 17, G: 6).
They also report 172 transactions in options, stock units or other derivatives.
Insiders are a company's officers, directors and owners of more than 10% of a class of its shares. Most changes in their holdings must be reported to the SEC on a Form 4 within two business days. Source: SEC Form 4 filings on EDGAR.
- P
- a purchase in the open market or privately
- S
- a sale in the open market or privately
- A
- a grant, award or other acquisition from the company under Rule 16b-3
- M
- exercise or conversion of an option or other derivative, exempt under Rule 16b-3
- G
- a bona fide gift
Code meanings: General Instruction 8 of Form 4 (SEC).
The latest 25 of 296 transactions
Shares: A = acquired, D = disposed of. A price the filing gives only in a footnote shows as “See filing”. The 10b5-1 box is checked when at least one trade on the form was made under a Rule 10b5-1 plan. A Form 4/A replaces the form it amends. See all of Joby Aviation's Form 4 filings on EDGAR.
Learn: How to read a proxy statement (DEF 14A): Nvidia's 2026 proxy · Form 4 insider filings: who files, the codes and the footnotes · Rule 10b5-1 trading plans: how insiders pre-schedule their trades
Sources (7)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Definitive proxy statement (DEF 14A), 2026 annual meeting
- Schedule 13D/A, Toyota Motor Corporation (event Jun 29, 2026)
- Schedule 13G/A, Baillie Gifford & Co (as of Dec 31, 2025)
- Schedule 13D/A No. 1, Paul Sciarra (event May 14, 2026; 10b5-1 plan)
- Schedule 13G, BlackRock, Inc. (as of Jun 30, 2026)
20What it does with profit
20What it does with profit
What does Joby Aviation do with its profit?
Money raised · Aug 10, 2021
Merger with Reinvent Technology Partners, a listed shell company (SPAC), which brought in $1,067.9 million.
$1.1B
Money raised · May 22, 2025
Toyota's first $250 million tranche: 49,701,790 shares at $5.03 each, closed May 22, 2025 (8-K filed May 27, 2025). Net proceeds were $249.9 million.
$250M
Money raised · Oct 9, 2025
Underwritten share offering in October 2025: 35,075,000 shares, delivered Oct 9, 2025; $591.0 million before costs.
$591M
Money raised · Feb 2, 2026
Underwritten offering of 52,863,437 shares at $11.35 each (Feb 2, 2026); net proceeds of $576.3 million.
$576M
Money raised · Feb 2, 2026
0.75% convertible senior notes due 2032, $690.0 million principal; net proceeds of $669.7 million. Capped calls cost $63.3 million.
$690M
Money raised · Sep 30, 2026
At-the-market share sales in Q3 2026: 20,174,525 shares for $128.2 million net, under a $750 million program set up Aug 11, 2026; $620.0 million remained.
$128M
Sources (8)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 8-K: Toyota first $250M tranche closed (filed May 27, 2025)
- Form 10-Q, Q3 FY2025 (quarter ended Sep 30, 2025)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Prospectus supplement (424B5), 0.75% Convertible Senior Notes due 2032
- Form 8-K: closing of common stock offering and 0.75% convertible notes due 2032 (filed Feb 2, 2026)
- Form 8-K: agreement to acquire Resonant Sciences (Strix Holdings) for $500M base price; $750M ATM program (filed Aug 11, 2026)
21Governance signals
21Governance signals
What do Joby Aviation's governance filings show?
- Auditor
- PricewaterhouseCoopers LLP, since 2026
- Auditor changes
- Mar 2, 2026: Deloitte & Touche LLP → PricewaterhouseCoopers LLP (The company dismissed Deloitte on Mar 2, 2026 and appointed PwC for FY2026. The 8-K reports no disagreements, and Deloitte's reports on FY2024 and FY2025 were unqualified.)
- Audit qualifications
- None reported
- Related-party dealings
- Toyota, the largest outside shareholder (13.10% at Mar 31, 2026), is also Joby's partner in JTAMPC, a manufacturing joint venture formed Jun 29, 2026 (Toyota 51%, Joby 49%). Toyota also supplies subassembly components to Joby.
- Credit rating
- No public credit rating found in a search of rating agency sites on Nov 7, 2026
Flags to know about
auditor · Mar 6, 2026
Auditor changed from Deloitte to PwC
Deloitte & Touche LLP was dismissed on Mar 2, 2026 and PricewaterhouseCoopers LLP appointed for FY2026. The 8-K reports no disagreements.
other · Oct 2, 2026
Jury verdict in the Aerosonic case
Aerosonic LLC sued Joby Aero in March 2025 over air data probes, bringing breach of contract and trade secret claims. A jury awarded Aerosonic $116.9 million on Oct 2, 2026. The company said it strongly disagrees with the verdict and intends to pursue post-trial and appellate remedies. No liability was recorded at Sep 30, 2026; the 10-Q calls a loss reasonably possible but not estimable. Aerosonic sought an injunction on Nov 2, 2026.
other · Sep 29, 2026
Litigation with Archer Aviation
Joby sued Archer Aviation and George Kivork on Nov 18, 2025, alleging breach of contract and misappropriation of trade secrets, among other claims. On Sep 29, 2026 the court dismissed Archer's counterclaims with prejudice and also granted in part Archer's motion to dismiss some of Joby's claims. Archer filed a Section 337 complaint at the US International Trade Commission on Mar 10, 2026; four patents remain at issue.
other · May 18, 2026
Director's share sale plan
Director Paul Sciarra, who held 5.76% at Mar 31, 2026, reported a Rule 10b5-1 trading planAn insider's trading plan, set up in advance, that buys or sells shares on a schedule. Learn more to sell up to 1,875,000 shares in a Schedule 13D/A filed May 18, 2026.
other · Sep 9, 2026
Senior officer changes
Didier Papadopoulos, President of Aircraft OEM, resigned effective Jul 3, 2026. Sergey Novikov became Principal Accounting Officer on Sep 2, 2026.
disclosure · Feb 27, 2026
Customers are not named
The FY2025 10-K says two unnamed customers were about 14% and 12% of FY2025 revenue. No order backlog or firm aircraft orders are disclosed.
Sources (11)
- Form 8-K, Item 4.01: Deloitte dismissed, PwC appointed (Mar 2, 2026), with Exhibit 16.1
- Definitive proxy statement (DEF 14A), 2026 annual meeting
- Form 8-K: Joby-Toyota manufacturing joint venture JTAMPC (filed Jun 30, 2026)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
- Prospectus supplement (424B5), 0.75% Convertible Senior Notes due 2032
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 8-K: closing of common stock offering and 0.75% convertible notes due 2032 (filed Feb 2, 2026)
- Schedule 13D/A No. 1, Paul Sciarra (event May 14, 2026; 10b5-1 plan)
- Form 8-K, Item 5.02: President of Aircraft OEM to resign effective Jul 3, 2026 (filed Apr 22, 2026)
- Form 8-K, Item 5.02: Principal Accounting Officer appointed (filed Sep 9, 2026)
22What the market paid
22What the market paid · price as of Nov 5, 2026
What did the market pay for Joby Aviation on Nov 5, 2026?
Price as of Nov 5, 2026 (shown for education; prices change daily).
Price as of Nov 5, 2026: Joby Aviation's closing price was $5.30 (Nasdaq historical price table; the shares trade on the NYSE). Market value = $5.30 × 1,016.64 million shares (Nov 2, 2026) = about $5,388.2 million (Cityfort calculation from the Nov 5, 2026 closing price and the Q3 FY2026 10-Q cover). P/E (price ÷ earnings per share) is not shown because the company has net losses.
- Share price
- $5.30
- Market value (market cap)
- $5.4B
More price-based ratios · as of Nov 5, 2026
Each ratio divides a number from the company's filings by the market value or share price on Nov 5, 2026. Prices change daily, so these ratios do too.
Price to sales (P/S)
36.2×
$5.4B market value ÷ $149M revenue (four quarters to Sep 30, 2026) = 36.2×
Cityfort calculation from the Nov 5, 2026 closing price and the Q4 FY2025 to Q3 FY2026 10-Ks and 10-Qs. Source: JOBY historical daily prices, Nasdaq historical table for an NYSE-listed share (close of Nov 5, 2026: $5.30); Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026); Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2) and 7 more
How price ratios workFree cash flow yield
−10.5%
−$564M free cash flow (FY2025) ÷ $5.4B market value = −10.5%
Cityfort calculation from the FY2025 10-K and the Nov 5, 2026 closing price. Source: JOBY historical daily prices, Nasdaq historical table for an NYSE-listed share (close of Nov 5, 2026: $5.30); Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026); Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
What free cash flow means
Shares used for the market value: 1,016.64 million ($5.30 × 1,016.64 million shares ≈ $5.4B). Source: Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026); Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
Source: JOBY historical daily prices, Nasdaq historical table for an NYSE-listed share (close of Nov 5, 2026: $5.30); Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
Sources (10)
- JOBY historical daily prices, Nasdaq historical table for an NYSE-listed share (close of Nov 5, 2026: $5.30)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 10-Q, Q3 FY2025 (quarter ended Sep 30, 2025)
- Form 10-Q, Q1 FY2026 (quarter ended Mar 31, 2026)
- Q1 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Form 10-Q, Q2 FY2026 (quarter ended Jun 30, 2026)
- Q2 2026 shareholder letter (Form 8-K, Exhibit 99.2)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
23How it got here
23How it got here
How did Joby Aviation get here?
2021
Milestone
Listed through a SPAC merger
On Aug 10, 2021 Joby merged with Reinvent Technology Partners, a listed shell company (SPAC), raising $1,067.9 million. It also bought Uber's Elevate unit that year.
2022
Milestone
Air carrier certificate and Delta investment
Joby received its FAA Part 135 air carrier certificate. Delta invested $60 million and received warrants.
2024
Milestone
Dubai agreement and FAA rules
Joby signed a deal with Dubai's Road and Transport Authority for six years of exclusive air taxi service. The FAA published rules for eVTOL operations in October.
2025
Business-model change
Bought Blade's passenger business
Joby bought Blade's passenger business on Aug 29, 2025, for up to $125 million. It became Joby's main source of revenue.
2026
Milestone
First debt, then a Toyota joint venture
Joby sold $690.0 million of convertible notes in February and bought an Ohio site in March. It formed a manufacturing joint venture with Toyota on Jun 29.
2026
Business-model change
Defense acquisition agreed
On Aug 8, 2026 Joby agreed to buy Resonant Sciences, a defense technology company based in Dayton, Ohio, for a $500 million base price.
2026
Crisis
Aerosonic jury verdict
On Oct 2, 2026 a jury awarded Aerosonic $116.9 million. The company said it strongly disagrees with the verdict and intends to pursue post-trial and appellate remedies.
Sources (9)
- Form 10-K, fiscal year 2025 (year ended Dec 31, 2025)
- Form 10-K, fiscal year 2023 (year ended Dec 31, 2023)
- Form 8-K: agreement to acquire Blade passenger business, up to $125M (filed Aug 4, 2025)
- Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026)
- Form 8-K: closing of common stock offering and 0.75% convertible notes due 2032 (filed Feb 2, 2026)
- Form 8-K: Ohio property acquisition and $30.75M mortgage loan (filed Mar 11, 2026)
- Form 8-K: Joby-Toyota manufacturing joint venture JTAMPC (filed Jun 30, 2026)
- Form 8-K: agreement to acquire Resonant Sciences (Strix Holdings) for $500M base price; $750M ATM program (filed Aug 11, 2026)
- Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2)
24Sources and changes
Where every number on this page comes from
Sources (33 documents)
- S1Form 10-K, fiscal year 2025 (year ended Dec 31, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Feb 27, 2026
- S2Form 10-K, fiscal year 2023 (year ended Dec 31, 2023) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Feb 27, 2024
- S3Form 10-K, fiscal year 2021 (year ended Dec 31, 2021) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Mar 28, 2022
- S4Form 10-Q, Q3 FY2026 (quarter ended Sep 30, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Nov 5, 2026
- S5Form 10-Q, Q2 FY2026 (quarter ended Jun 30, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Aug 6, 2026
- S6Form 10-Q, Q1 FY2026 (quarter ended Mar 31, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · May 6, 2026
- S7Form 10-Q, Q3 FY2025 (quarter ended Sep 30, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Nov 6, 2025
- S8Form 10-Q, Q2 FY2025 (quarter ended Jun 30, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Aug 7, 2025
- S9Form 10-Q, Q1 FY2025 (quarter ended Mar 31, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · May 8, 2025
- S10Form 10-Q, Q3 FY2024 (quarter ended Sep 30, 2024) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Nov 6, 2024
- S11Q3 2026 shareholder letter (Form 8-K, Exhibit 99.2) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Nov 4, 2026
- S12Q2 2026 shareholder letter (Form 8-K, Exhibit 99.2) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Aug 5, 2026
- S13Q1 2026 shareholder letter (Form 8-K, Exhibit 99.2) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · May 5, 2026
- S14Q4 2025 shareholder letter (Form 8-K, Exhibit 99.2) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Feb 25, 2026
- S17Q1 2025 shareholder letter (Form 8-K, Exhibit 99.2) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · May 7, 2025
- S19Definitive proxy statement (DEF 14A), 2026 annual meeting · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Apr 21, 2026
- S20Schedule 13D/A, Toyota Motor Corporation (event Jun 29, 2026) · Toyota Motor Corporation (SEC EDGAR) · Tier 1: company or exchange filing · Jun 30, 2026
- S21Schedule 13G, BlackRock, Inc. (as of Jun 30, 2026) · BlackRock, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Jul 28, 2026
- S22Schedule 13G/A, Baillie Gifford & Co (as of Dec 31, 2025) · Baillie Gifford & Co (SEC EDGAR) · Tier 1: company or exchange filing · Feb 9, 2026
- S23Schedule 13D/A No. 1, Paul Sciarra (event May 14, 2026; 10b5-1 plan) · Paul Sciarra (SEC EDGAR) · Tier 1: company or exchange filing · May 18, 2026
- S24Form 8-K, Item 4.01: Deloitte dismissed, PwC appointed (Mar 2, 2026), with Exhibit 16.1 · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Mar 6, 2026
- S25Form 8-K: closing of common stock offering and 0.75% convertible notes due 2032 (filed Feb 2, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Feb 2, 2026
- S26Prospectus supplement (424B5), 0.75% Convertible Senior Notes due 2032 · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Jan 30, 2026
- S27Form 8-K: Ohio property acquisition and $30.75M mortgage loan (filed Mar 11, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Mar 11, 2026
- S28Form 8-K: purchase agreement for Vandalia, Ohio property, $61.5M (filed Jan 7, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Jan 7, 2026
- S29Form 8-K: agreement to acquire Resonant Sciences (Strix Holdings) for $500M base price; $750M ATM program (filed Aug 11, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Aug 11, 2026
- S30Form 8-K: Joby-Toyota manufacturing joint venture JTAMPC (filed Jun 30, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Jun 30, 2026
- S31Form 8-K: agreement to acquire Blade passenger business, up to $125M (filed Aug 4, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Aug 4, 2025
- S32Form 8-K: Toyota first $250M tranche closed (filed May 27, 2025) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · May 27, 2025
- S33Form 8-K, Item 5.02: President of Aircraft OEM to resign effective Jul 3, 2026 (filed Apr 22, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Apr 22, 2026
- S34Form 8-K, Item 5.02: Principal Accounting Officer appointed (filed Sep 9, 2026) · Joby Aviation, Inc. (SEC EDGAR) · Tier 1: company or exchange filing · Sep 9, 2026
- S37JOBY historical daily prices, Nasdaq historical table for an NYSE-listed share (close of Nov 5, 2026: $5.30) · Nasdaq, Inc. · Tier 1: company or exchange filing · Nov 5, 2026
- S38EDGAR filing list, Joby Aviation, Inc. (CIK 0001819848) · SEC EDGAR · Tier 1: company or exchange filing · Nov 7, 2026
Changes to this page (v1 · Nov 6, 2026)
- v1 · Nov 6, 2026First version, through Q3 FY2026 (quarter ended Sep 30, 2026). (first version)
Numbers come only from tier 1 and tier 2 sources. Read how we research.
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