• Joby Aviation posted Q1 net loss of USD 110 million, widening from USD 82 million a year earlier, while revenue was USD 24 million.
• Operating loss deepened to USD 234 million as operating expenses climbed to USD 258 million, including USD 44 million of stock-based compensation.
• Cash, cash equivalents, short-term investments totaled USD 2.5 billion as of March 31, 2026, following USD 1.3 billion raised in the quarter from an underwritten equity offering, Delta warrant exercise, and convertible debt offering.
• Joby reiterated full-year 2026 revenue outlook of USD 105 million to USD 115 million, while keeping first-half cash use guidance at USD 340 million to USD 370 million excluding the net USD 32 million Ohio facility purchase.
• Operational milestones included first FAA-conforming aircraft for Type Inspection Authorization taking flight, selection in multiple White House-backed eIPP applications spanning up to 11 states with initial operations expected to begin in 2026, and a turbine-electric demonstrator completing its first full transition flight.

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 on May 05, 2026, and is solely responsible for the information contained therein.