Joby Aviation (JOBY) Q3 FY2026 earnings: revenue $55 million, up 144.0% on the year
Joby Aviation, Inc. (JOBY) reported revenue of $55 million for Q3 FY2026, the quarter ended 30 September 2026, up 144.0% on the same quarter a year earlier. Net income was -$212 million, and diluted earnings per share $-0.22. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.
Revenue
$55 million
+144.0% on the year · +42.6% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-504.8%
-804.8% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$212 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.22
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 1 kept.
Revenue reached $55.1 million: Revenue was $55.1 million, against $22.6 million in the third quarter of 2025, mainly from Blade. Nine-month revenue was $118.0 million.
Adjusted EBITDA loss widened: Adjusted EBITDA was a loss of $207.9 million, $75.1 million wider than a year earlier and $10.8 million wider than the second quarter.
Blade flew record passenger count: Blade flew more than 44,000 passengers in the quarter, the most of any quarter in its history.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-169
-173
-139
Capital expenditure
24.7
28.6
13.0
-13.6%
+90.0%
Free cash flow
-193
-202
-152
Free cash flow margin
-351.0%
-522.2%
-674.3%
Cash from investing
-72.2
-73.8
-123
Cash from financing
128
7.7
135
+1,567.1%
-5.1%
Depreciation and amortisation
12.1
9.8
10.2
+23.5%
+18.6%
Share-based compensation
54.7
52.0
32.9
+5.2%
+66.3%
Diluted shares, weighted
979m
970m
845m
+0.9%
+15.9%
Shares outstanding at period end
1,013m
987m
874m
+2.7%
+15.9%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
1,747
1,767
896
-1.1%
+94.9%
Debt
703
702
0.0
+0.1%
Operating lease liabilities
23.3
24.5
27.9
-4.8%
-16.2%
Finance lease liabilities
10.0
9.0
7.1
+11.8%
+41.2%
Other liabilities
204
250
435
-18.3%
-53.0%
Total liabilities and equity
2,687
2,752
1,366
-2.4%
+96.7%
Fixed assets
242
n/a
140
+72.3%
Goodwill
89.4
89.4
90.4
0.0%
-1.1%
Intangible assets
16.3
18.2
21.0
-10.1%
-22.3%
Investments
1,676
1,634
770
+2.6%
+117.8%
Cash and equivalents
522
630
208
-17.2%
+150.3%
Other assets
142
381
137
-62.7%
+4.0%
Total assets
2,687
2,752
1,366
-2.4%
+96.7%
Questions
What was Joby Aviation's revenue in Q3 FY2026?
Joby Aviation (JOBY) reported revenue of $55 million for Q3 FY2026, the quarter ended 30 September 2026, up 144.0% on the same quarter a year earlier.
How much did Joby Aviation earn in Q3 FY2026?
Net loss for Q3 FY2026 was $212 million, and the diluted loss per share $0.22.
When did Joby Aviation report Q3 FY2026 results?
Joby Aviation filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.