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R&D at other companies

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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$8.14B-48.9%
Enterprise value$8.01B-48.7%
P/S104.8×-162,446×

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 source filing: Joby Aviation’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001819848-26-000324
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$24,246
Operating expenses:
Cost of Revenue18,803
Research and development177,470134,287
Selling, general and administrative61,55328,997
Total operating expenses257,826163,284
Loss from operations(233,580)(163,284)
Interest and other income, net17,7849,898

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

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?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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