Aircraft
Joby Ends Second Quarter with $2.3 Billion in Cash
Losses climb as R&D spending for certification and production accelerates
Joby eVTOL aircraft
© Joby Aviation

Joby Aviation’s stock price climbed 8% this morning after the company reported its second-quarter financial summary yesterday. The eVTOL manufacturer’s second-quarter 2026 revenue was $38.6 million, and net loss was $245.4 million.

Contributing to the net loss was a $58.3 million increase in research and development costs, “reflecting continued investment to support certification and manufacturing readiness, and a $45.1 million increase in selling, general, and administrative expenses,” according to Joby. The second-quarter net loss was $135.5 million more than the $110 million net loss in the first quarter.

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