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R&D at other companies

General Electric logo
General ElectricGE
$440M+22.6%
Eaton Corporation logo
Eaton CorporationETN
$211M+6.6%

Other financials

Income statement

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Revenue$24.2M
Operating income-$233.6M-43.1%
Net income-$110.0M-33.4%
EPS (diluted)-$0.12-9.1%

Balance sheet

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Cash & equivalents$875.4M+611%
Total debt$747.7M+2,265%
Total equity$2.0B+128%
Total assets$2.9B+170%

Cash flow

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Operating cash flow-$144.4M-30.2%
CapEx$77.9M+421%
Free cash flow-$222.4M-76.6%

Valuation

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Market cap$9.84B+70.6%
Enterprise value$9.71B+71.2%
P/S126.6×-51,827×

Profitability

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Operating margin-1,017%-508pp
Net margin-1,232.6%-616pp
FCF margin-850.1%-425pp

Returns & leverage

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Return on equity-68%+3.3pp
Debt / equity0.4×+0.3×
Current ratio22.1×+4.3×

Where this comes from

Reported directly by Joby Aviation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Joby Aviation’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Joby Aviation's R&D?
Joby Aviation (JOBY) reported R&D of $177.47M in Q1 2026.
How has Joby Aviation's R&D changed year-over-year?
Joby Aviation's R&D increased by 32.2% year-over-year, from $134.29M to $177.47M.
What is the long-term trend for Joby Aviation's R&D?
Over 4 years (2021 to 2025), Joby Aviation's R&D has grown at a 31.0% compound annual growth rate (CAGR), from $197.57M to $581.1M.
What does R&D mean?
Spending on the creation and improvement of products and technologies.
How do you interpret R&D?
High spending indicates a commitment to innovation and future growth, though it reduces current profitability.
How does R&D compare across companies?
High for technology and aerospace firms; benchmarked against peers to gauge investment intensity in future product pipelines.