Joby raises 2026 revenue guidance to $115-125M, expects first eIPP flights in September

JOBY / 8-K

• Aug 5, 2026
  

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NYSE: JOBY Joby Aviation, Inc. 8-K
Joby raises 2026 revenue guidance to $115-125M, expects first eIPP flights in September
Filed August 5, 2026

• Period ending August 5, 2026
• ~1 min read
  

5 key changes 4 high relevance 2 sections
Key Changes

• high
  

Joby raised full-year 2026 revenue guidance to $115-125M, driven by Blade division's $36.2M Q2 revenue and 50%+ year-over-year seat growth.
Exhibit 99.1 view on EDGAR →

• high
  

First eIPP flights expected in September 2026 in Texas, targeting first passengers later in 2026—a key milestone toward commercial air taxi service.
Exhibit 99.1 view on EDGAR →

• high
  

Joby held $2.3B in cash and short-term investments as of June 30, 2026; expects to use $385-415M in H2 2026 for certification, manufacturing, and eIPP.
Exhibit 99.2 view on EDGAR →

• high
  

Joint venture with Toyota establishes strategic manufacturing alliance for high-volume production, building on seven years of collaboration.
Exhibit 99.2 view on EDGAR →

• medium
  

Partnership with Atoms (founded by Travis Kalanick) to develop multimodal transportation hubs in Florida, New York, Texas, and California for air taxis and autonomous vehicles.
Exhibit 99.2 view on EDGAR →
Summary
Joby Aviation reported Q2 2026 revenue of $38.6 million and raised its full-year revenue outlook to $115-125 million, reflecting strong performance from its Blade passenger business. The company posted a $245.4 million net loss in Q2, driven by $299.5 million in operating expenses supporting aircraft certification, manufacturing ramp-up, and Blade operations.
Joby ended the quarter with $2.3 billion in cash and expects to deploy $385-415 million in the second half of 2026 to fund its path to commercial operations. The company announced two strategic partnerships that advance its commercialization timeline and manufacturing scale.
First, Joby expects to begin eIPP flights in September 2026 in Texas, targeting first passengers later in the year—a critical step toward FAA-certified commercial service. Second, a joint venture with Toyota formalizes a seven-year manufacturing collaboration, creating a capital-efficient path to high-volume production with aviation-grade quality. Separately, Joby partnered with Atoms to develop multimodal transportation hubs across key U.S. launch markets, combining air taxi and autonomous vehicle infrastructure. With five aircraft flying and twelve in production, Joby is executing on certification, manufacturing, and infrastructure milestones while maintaining a strong balance sheet to fund the transition to revenue-generating air taxi operations.
Section-by-Section Diff
Event

• Exhibit 99.1
  

~1,300 words View exhibit on EDGAR ↗
4 Added
Added Q2 2026 revenue and raised full-year guidance high
Added in current filing

• view on EDGAR →
  

Strong Blade performance, generating $36.2 million in Q2 revenue, contributing to increased full year 2026 total revenue outlook between $115 million and $125 million.
Joby's Blade division generated $36.2 million in Q2 2026 revenue, driving the company to raise its full-year 2026 revenue guidance to a range of $115 million to $125 million. This represents strong performance in the company's existing revenue-generating business segment while it continues development of its electric air taxi service.
Added eIPP program launch timing high
Added in current filing

• view on EDGAR →
  

First eIPP flights are expected in September in Texas, targeting first passengers in 2026.
Joby expects to begin flights under the White House-backed eIPP (early Integration Pilot Program) in September 2026 in Texas, with the goal of carrying first passengers later in 2026. This marks a key milestone in the company's path to commercial passenger service with its electric air taxi.
Added Toyota joint venture and manufacturing medium
Added in current filing

• view on EDGAR →
  

Joint venture with Toyota lays groundwork for strategic manufacturing alliance and high-volume production.
Joby announced a joint venture with Toyota to establish a strategic manufacturing alliance aimed at enabling high-volume production of its electric air taxis. The company currently has five aircraft flying and 12 more in production as it continues ramping manufacturing capabilities.
Added Atoms partnership for transportation hubs medium
Added in current filing

• view on EDGAR →
  

Strategic partnership with Atoms, the Industrial AI and infrastructure company founded by Travis Kalanick, to develop multimodal transportation hubs across U.S. launch markets.
Joby formed a strategic partnership with Atoms, an industrial AI and infrastructure company founded by former Uber CEO Travis Kalanick, to develop multimodal transportation hubs across U.S. markets where Joby plans to launch its air taxi service. This partnership aims to build the ground infrastructure needed to support Joby's aerial operations.
Event

• Exhibit 99.2
  

~6,200 words View exhibit on EDGAR ↗
Joby Aviation disclosed Q2 2026 results: $38.6M revenue, $245.4M net loss, $2.3B cash; raised full-year revenue outlook to $115M-$125M.
5 Added
Added Q2 2026 financial results high
Added in current filing

• view on EDGAR →
  

IN THE SECOND QUARTER OF 2026, revenue totaled $38.6 million. Our net loss of $245.4 million primarily reflected a net operating loss of $260.9 million and other income of $15.6 million. Operating expenses for the quarter totaled $299.5 million and reflected costs to support certification and manufacturing of our aircraft and costs associated with the operation of Blade's passenger business. Expenses included stock-based compensation of $52.0 million and depreciation and amortization of $11.9 million. Other income reflected a higher interest and other income of $18.9 million, partially offset with the loss on non-cash revaluation of warrants, earnout shares and contingent consideration of $3.3 million.
Joby reported Q2 2026 revenue of $38.6 million and a net loss of $245.4 million, driven by operating expenses of $299.5 million to support aircraft certification, manufacturing, and Blade passenger operations. The net loss included $52.0 million in stock-based compensation and was partially offset by $18.9 million in interest and other income.
Added Raised full-year 2026 revenue outlook high
Added in current filing

• view on EDGAR →
  

We are increasing our full year 2026 total revenue outlook to a range of $115 million to $125 million.
Joby raised its full-year 2026 revenue guidance to $115 million to $125 million, reflecting stronger-than-expected performance from its Blade passenger business, which grew seats flown by more than 50% year-over-year in Q2.
Added Cash position and second-half cash use guidance high
Added in current filing

• view on EDGAR →
  

We ended the second quarter of 2026 with $2.3 billion in cash, cash equivalents, and investments in marketable securities. During Q2 2026, our use of cash, cash equivalents and short-term investments was $202 million. Excluding the Q1 investment of $32 million in our Ohio facility, our first half 2026 use of cash, cash equivalents and short-term investments totaled $365 million, in line with our guidance. Our current outlook incorporates continued investment toward certification of our eVTOL aircraft, expansion of our manufacturing scale, and advancing our commercialization efforts including participation in the U.S. eVTOL Integration Pilot Program. We are increasing our full year 2026 total revenue outlook to a range of $115 million to $125 million. For the second half of 2026, we anticipate our use of cash, cash equivalents and short-term investments to be between $385 million and $415 million.
Joby ended Q2 2026 with $2.3 billion in cash and short-term investments. The company used $202 million in Q2 and expects to use $385 million to $415 million in the second half of 2026, supporting certification, manufacturing expansion, and eIPP program participation.
Added Strategic partnership with Atoms for air taxi hubs high
Added in current filing

• view on EDGAR →
  

In the U.S., we announced a strategic partnership with Atoms, the industrial AI and infrastructure company founded by Travis Kalanick (co-founder of Uber and CEO of Atoms), to develop and finance a network of transportation hubs serving air taxis and autonomous ground vehicles. Our initial focus will be on sites in Florida, New York and Texas - the same markets where Joby is preparing to launch early operations under eIPP, as well as California. These hubs will combine takeoff, landing and charging for electric aircraft with charging and depot services for autonomous vehicles - sharing fixed costs, creating stronger operating economics, delivering seamless journeys for our customers and even greater value for the communities in which we’ll operate. Atoms recently raised $1.7 billion to support their growth, with lead investment from a16z.
Joby announced a strategic partnership with Atoms, founded by Travis Kalanick, to develop and finance multimodal transportation hubs in Florida, New York, Texas, and California. The hubs will support air taxis and autonomous vehicles, sharing infrastructure costs. Atoms recently raised $1.7 billion led by a16z to support this expansion.
Added Joint venture with Toyota for manufacturing high
Added in current filing

• view on EDGAR →
• paraphrased
  

During the quarter, we took a significant step forward in our relationship with Toyota, forming a joint venture that builds on more than seven years of collaboration. Over that time, Toyota - the world's largest automaker - has worked alongside Joby to bring the best of automotive manufacturing to aviation. Its teams have gone deep with us on aviation-level quality, and its engineers now work with ours every day on topics such as factory planning and design for manufacturability. The joint venture lays the groundwork for high-volume commercial production and creates a more capital-efficient path to scale, while significantly reducing the risk of one of the greatest challenges ahead of us. By investing together in the people, facilities and systems required for production, we will be able to create a manufacturing system designed to deliver exceptional quality and consistency at volume.
Joby formed a joint venture with Toyota to support high-volume commercial production of its electric air taxis. The partnership builds on seven years of collaboration and aims to create a capital-efficient manufacturing system with aviation-level quality at scale, significantly de-risking production ramp-up.
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View original filing on SEC.gov Press release (Ex 99.1) on EDGAR ↗ Press release (Ex 99.2) on EDGAR ↗
Figures/quotes linked to EDGAR

• Narrative written by AI
• Aug 6, 2026
• How we verify
  

Filing
Form 8-K

• Current report
  

Filed 2026-08-05
Period 2026-08-05
CIK 0001819848
Company
Revenue (FY) $53M
Total assets $2.9B
Size Small by revenue

• Large by assets
  

All JOBY filings →
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