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Joby Aviation JOBY Total Operating Expenses

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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:OperatingExpenses.

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
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
Gain from change in fair value of warrants, earnout shares and contingent consideration, net106,01471,020
Total other income, net123,79880,918

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Joby Aviation's total operating expenses?
Joby Aviation (JOBY) reported total operating expenses of $257.83M in Q1 2026.
How has Joby Aviation's total operating expenses changed year-over-year?
Joby Aviation's total operating expenses increased by 57.9% year-over-year, from $163.28M to $257.83M.
What is the long-term trend for Joby Aviation's total operating expenses?
Over 4 years (2021 to 2025), Joby Aviation's total operating expenses has grown at a 31.4% compound annual growth rate (CAGR), from $259.09M to $773.02M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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