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Joby Aviation (JOBY) R&D spending by quarter

Joby Aviation's R&D spending was $209M in Q3 2026 (third quarter 2026), +7% from Q2 2026. Over the last 7 quarters it ranged from $122M (Q4 2024) to $209M (Q3 2026).

Joby Aviation R&D spending by quarterJoby Aviation R&D spending by quarter$122MQ4 2024$136MQ2 2025$149MQ3 2025$161MQ4 2025$177MQ1 2026$195MQ2 2026$209MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$209M+7%+40%
Q2 2026$195M+10%+43%
Q1 2026$177M+10%—
Q4 2025$161M+8%+32%
Q3 2025$149M+9%—
Q2 2025$136M+11%—
Q4 2024$122M——

Q3 2026 at a glance

Joby Aviation, Q3 2026: revenue $55.1M (+144% year over year), operating margin -504.8%, net loss $212M, operating cash flow −$169M. The chart follows the revenue to costs, profit and cash.

Questions

What is Joby Aviation's R&D spending?

Joby Aviation's R&D spending was $209M in Q3 2026 (third quarter 2026), +7% from Q2 2026.

How has Joby Aviation's R&D spending changed?

Over the last 7 quarters it ranged from $122M (Q4 2024) to $209M (Q3 2026).

Q3 2026 results → · How Joby Aviation makes money →