Joby Aviation, Inc.
jobyaviation.comWhat Do They Do?
Provides passenger air-charter services and develops electric air taxis for travelers, government agencies and commercial customers.
10-K for FY2025, filed Feb 27, 2026We have spent more than a decade designing and testing a piloted, all-electric, vertical take-off and landing (“eVTOL”) air taxi which we…View ↗
We have identified three potential routes to market for our electric air taxi: (1) Joby owned and operated air taxi service (2) affiliate…View ↗
The Company receives payments from U.S. and foreign government entities as part of the Company’s research and development and service…View ↗
Passenger revenue primarily includes revenue generated from the transportation of passengers via helicopter or fixed wing aircraft, booked…View ↗
How Do They Make Money?
Passengers pay for helicopter and fixed-wing trips, typically when booking, and the company earns the related revenue when each flight is completed. Other revenue comes from government flight services, demonstrations and engineering, tied to flight or service hours, milestones, or contract completion.
10-K for FY2025, filed Feb 27, 2026
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10-K for FY2025, filed Feb 27, 2026
FY2025 revenue by product or service ↗
$53.4M
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10-K for FY2025, filed Feb 27, 2026
$53.4M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Passenger
|
65% |
Passenger, FY2025
$34.8M Sources
|
|
Other
|
35% |
Other, FY2025
$18.6M Sources
|
Who Are Their Customers?
Passengers book helicopter and fixed-wing flights through Blade associates, its app or third-party channels; government agencies buy customer-directed flights and on-base operations, while commercial customers buy demonstrations and engineering services.
10-K for FY2025, filed Feb 27, 2026
10-K for FY2025, filed Feb 27, 2026
Two customers accounted for more than 10% or more of the Company’s revenue for the year ended December 31, 2025, Customer A represented…View ↗
Do Revenues Turn Into Profits?
No. It lost $929.8M in FY2025.
10-K for FY2025, filed Feb 27, 2026
−$719.6MView ↗
10-K for FY2025, filed Feb 27, 2026
−$929.8MView ↗
10-K for FY2025, filed Feb 27, 2026
−$563.8MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 6, 2026
−$245.4MView ↗
- ▼ −24% (Loss)
- vs −$324.7M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
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Aug 11, 2026
Agreed to acquire Resonant Sciences
The proposed purchase has a $500,000,000 base price, subject to adjustments and closing conditions.
Sources
8-K, filed Aug 11, 2026
Pursuant to the terms of, and subject to the conditions specified in, the Purchase Agreement, which has been approved by the board of…View ↗
Aircraft sales
The earlier report said Joby did not intend to sell aircraft to independent third parties or consumers; the latest report includes direct aircraft sales and defense among its routes to market.
10-K for FY2022, filed Mar 1, 2023We do not currently intend to sell these aircraft to independent third parties or individual consumers. Instead, we plan to manufacture…View ↗
Conventional air-charter services
The earlier report described a planned service using Joby-manufactured aircraft; the latest report also includes Blade's existing helicopter and fixed-wing passenger air-charter brokerage.
10-K for FY2022, filed Mar 1, 2023 10-K for FY2025, filed Feb 27, 2026We do not currently intend to sell these aircraft to independent third parties or individual consumers. Instead, we plan to manufacture…View ↗
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