Back to news

Joby Reports Third Quarter 2026 Financial Results

Business Wire•04/11/2026•16:05 ET
0

Key Highlights

  • ➤2026 revenue outlook raised 15% to $135 million-$140 million
  • ➤Q3 revenue reached $55 million, primarily from Blade
  • ➤17 aircraft now in production as manufacturing output significantly increased
  • ➤Resonant Sciences acquisition planned, adding $100 million-plus trailing revenue
  • ➤U.S. Air Force autonomy contracts expanded to nearly $37 million
  • ➤Cash, equivalents, and short-term investments totaled $2.2 billion

Expert Statements

JoeBen Bevirt, Founder and CEO of Joby Aviation

“This quarter, we made important progress on the fifth and final stage of certification, completing a wide range of ‘for credit’ testing with the FAA. We significantly increased manufacturing output while improving efficiency, and demonstrated our electric air taxi in key early U.S. markets through the White House-backed eIPP program. Our J208 aircraft also completed what we believe to be the first fully autonomous flight of a civilian aircraft across the United States, and this morning we announced an expansion of our autonomy-focused contracts with the U.S. Air Force to nearly $37 million.”

JoeBen Bevirt, Founder and CEO of Joby Aviation

“Our core mission is - and always has been - to bring electric vertical flight to passengers around the world. We designed our aircraft from the ground up for that mission, and our engineering, manufacturing and certification efforts are focused on bringing it to market. The progress we’re making gives me every confidence that Joby will continue to lead the way.”

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today issued its Third Quarter 2026 Shareholder Letter detailing the company’s operational and financial results for the quarter ending September 30, 2026. The company will host a live audio webcast of its conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261104420012/en/

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in