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Joby Aviation (JOBY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Joby Aviation (JOBY) reported revenue of $38.6M for the second quarter 2026 (Q2 2026), up 2,576-fold from a year earlier and +59% from the quarter before. Operating margin was -675.2%, net loss $245M (635.2% of revenue).

Revenue$38.6M
Year over year2,576×
Quarter over quarter+59%
Operating margin-675.2%
Net earnings−$245M

Joby Aviation, Q2 2026: revenue $38.6M (2,576× year over year), operating margin -675.2%, net loss $245M, operating cash flow −$173M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$38.6M+59%2,576×
Operating profit−$261M——
Net earnings−$245M——
Operating cash flow−$173M——

What changed

Revenue was $38.6M in Q2 2026, up 257493% year over year and up 59% from the previous quarter. Passenger was the largest line at 94% of revenue. Other added $2.5M year over year (up 16333%), 6% of the total change.

Operating costs exceeded revenue by $260.9M, an operating margin of -675.2%. Total costs grew 78% against revenue growth of 257493%. The fastest-growing cost line was SG&A (+143%). The quarter ended with a net loss of $245.4M, wider than the previous quarter's $110.0M loss.

Operating cash flow was −$173.1M. Non-cash charges added back $11.9M of depreciation and amortization and $52.0M of share-based compensation. Capital expenditures of $28.6M exceeded it, leaving free cash flow of −$201.8M.

Questions

What was Joby Aviation's revenue in the second quarter 2026?

Joby Aviation (JOBY) reported revenue of $38.6M for the second quarter 2026 (Q2 2026), up 2,576-fold from a year earlier and +59% from the quarter before.

Was Joby Aviation profitable in the second quarter 2026?

Operating loss was $261M (-675.2% of revenue) and net loss $245M.

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Source: Joby Aviation 10-Q on SEC EDGAR.