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How Joby Aviation (JOBY) makes money

Joby Aviation (JOBY) made $55.1M of revenue in the third quarter 2026 (Q3 2026), +144% from a year earlier. Passenger brought in $53.2M (97%); Other brought in $1.9M (3%).

Drawing the Sankey…

Joby Aviation revenue by segment, Q3 2026Joby Aviation revenue by segment, Q3 2026Passenger$53.2MOther$1.9M
Joby Aviation: revenue by line, Q3 2025 to Q3 2026Joby Aviation: revenue by line, Q3 2025 to Q3 2026PassengerOtherPassenger: $53.2M latest$53.2MOther: $1.9M latestQ3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Passenger went from 60% of revenue in Q3 2025 to 97% in Q3 2026, the largest shift in the mix.
Joby Aviation revenue by quarterJoby Aviation revenue by quarter$55KQ4 2024$15KQ2 2025$22.6MQ3 2025$30.8MQ4 2025$24.2MQ1 2026$38.6MQ2 2026$55.1MQ3 2026
Joby Aviation: where each dollar of revenue goesJoby Aviation: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Passenger$53.2M96.6%+47%+290%
Other$1.9M3.4%-24%-79%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$55.1M100.0%
Income tax$230K0.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$55.1M+144%
Q2 2026$38.6M2,576×
Q1 2026$24.2M—
Q4 2025$30.8M561×
Q3 2025$22.6M806×
Q2 2025$15K-46%
Q4 2024$55K-95%

From Joby Aviation's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Joby Aviation make money?

Joby Aviation (JOBY) made $55.1M of revenue in the third quarter 2026 (Q3 2026), +144% from a year earlier. Passenger brought in $53.2M (97%); Other brought in $1.9M (3%).

What is Joby Aviation's biggest business?

Passenger: $53.2M in the third quarter 2026, 97% of revenue, +290% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.