Joby Aviation, Inc. (JOBY) Earnings
Joby Aviation, Inc. is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $-0.21. JOBY has beaten EPS estimates in 4 of its last 12 reported quarters (average surprise -9.7% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $-0.21 | $-0.21 | +0.0% | $24M | +20.2% |
| Feb 25, 2026 | $-0.20 | $-0.14 | +30.0% | $31M | +82.7% |
| Nov 5, 2025 | $-0.19 | $-0.26 | -35.6% | $23M | +563.7% |
| Aug 6, 2025 | $-0.18 | $-0.24 | -33.3% | $15000 | -91.7% |
| Feb 26, 2025 | $-0.19 | $-0.19 | +0.0% | $55000 | +22.9% |
| Feb 21, 2024 | $-0.19 | $-0.17 | +10.5% | $1M | +82.1% |
| Nov 1, 2023 | $-0.18 | $-0.13 | +27.8% | — | — |
| Aug 2, 2023 | $-0.14 | $-0.17 | -21.4% | — | — |
| May 3, 2023 | $-0.15 | $-0.16 | -6.7% | — | — |
| Feb 22, 2023 | $-0.18 | $-0.14 | +22.2% | — | — |
| Nov 2, 2022 | $-0.16 | $-0.16 | +0.0% | — | — |
| Aug 11, 2022 | $-0.15 | $-0.15 | +0.0% | — | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Joe Bennett mentioned the selection of states for the White House-backed EIPP program, progress in various states like New York, Texas, Florida, etc., with demonstrations including landing at major airports and operating in Class B airspace. Rodrigo Brumana discussed Q1 financial results with $24M revenue mostly from Blade, $2.5B cash balance, Q1 net loss of $110M, operating expenses of $258M, and adjusted EBITDA loss of $179M.
Guidance
Full-year revenue guidance of $105 to $115 million; Q1 puts us on a solid trajectory for it. Q1 cash use excluding one-time purchase was $163M, with total property and equipment investment ~$78M. Adjusted EBITDA loss in Q1 was $179M compared to $154M in Q4.
Analyst Q&A
Q: Christine of Morgan Stanley asked about customer conversations and potential order materialization.
A: Joe and Paul discussed customer excitement, aircraft sales demand in international markets, infrastructure opportunities.
Q: James Kirby of J.P. Morgan asked about sequencing initial aircraft for EIPP.
A: It's about infrastructure and existing infrastructure/customer base in places like New York.
Q: Andre Shepard of Canterford Shield asked about EIPP program starting and ramping.
A: Agreements start being signed in Q3, operations in back half of year.
Q: Research of Raymond James asked about full credit testing of aircraft.
A: Need conforming test articles built, tested, reports written; Joby pilots testing, FAA pilots training in simulator.
Q: Chris Pierce of Needham and Company asked about manufacturing bottlenecks.
A: Working on supply chain, ramping manufacturing, flight simulator for pilot training.
Q: Austin Moeller of Canaccord Genuity asked about Ohio production timeline.
A: Team in Ohio ramping well, adding components, building larger facility.
Q: Ahmed Dayal of HC Wainwright asked about passenger flights.
A: Expect passenger flights later this year in Dubai and EIPP markets. Also, Reddit community questions about conforming aircraft production and BIPP lessons.