Joby reported FY 2025 revenue of USD 53.4 million, alongside a loss from operations of USD 719.6 million and a net loss of USD 929.8 million. Research and development expense rose 22% to USD 581.1 million, while selling, general and administrative expense increased 36% to USD 162.6 million. Total other loss, net was USD 208.9 million, driven by a USD 211.9 million loss from changes in fair value of warrants, earnout shares and contingent consideration and a USD 40.3 million loss on common stock issuance in private placement. Net cash used in operating activities was USD 509.9 million in FY 2025; cash, cash equivalents and restricted cash totaled USD 241.7 million at December 31, 2025, and short-term investments in marketable securities were USD 1.17 billion. On the business front, Joby said it is targeting carrying its first passengers in 2026 and highlighted an August 2025 piloted eVTOL flight between two public airports in FAA-controlled airspace. The company also completed its acquisition of Blade in August 2025 for total purchase consideration of about USD 92.4 million, and noted it had completed or substantially completed three of the FAA type certification process’s five stages and was more than halfway through stage four.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Joby Aviation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001819848-26-000160), on February 27, 2026, and is solely responsible for the information contained therein.
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