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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Joby Aviation
Joby Aviation (JOBY) investor relations material
Joby Aviation Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
Q3 advanced FAA Stage 5 testing, manufacturing scale-up, and eIPP demonstrations in Texas and Florida; TIA flight testing is targeted for H1 2027.
Blade delivered record passenger activity, while expanded Air Force autonomy contracts and the proposed Resonant Sciences acquisition broadened defense opportunities.
Financial highlights
Q3 revenue was $55.1M, up from $22.6M YoY; nine-month revenue was $118.0M.
Q3 net loss was $211.8M, or $0.22/share, vs. $401.2M, or $0.48/share, YoY; it narrowed from $245M in Q2.
Q3 operating loss was $278.1M vs. $181.7M YoY; operating expenses were $333M vs. $300M in Q2.
Adjusted EBITDA loss was $208M vs. $197M in Q2; Q3 cash use excluding ATM proceeds was $195M vs. $202M in Q2.
Q3 passenger revenue was $53.2M and other revenue $1.9M; growth reflected a full quarter of Blade passenger operations, partly offset by lower DOD flight-service revenue.
Outlook and guidance
FY 2026 revenue guidance rose 15% to $135M–$140M from $115M–$125M; Q4 Blade revenue is expected to step down seasonally, with weather a factor.
H2 2026 cash use is expected at $385M–$415M, including spending on certification, manufacturing expansion, and commercial preparations.
FAA pilot training and company flight testing are expected in H1 2027; TIA flight testing is targeted to begin in H1 2027.
The target remains carrying first air-taxi passengers in 2026; eIPP commercial flights are planned for participating markets, subject to approvals, certification, and substantial TIA testing.
Dubai operational flight testing with a pilot on board was planned for later in 2026; full-year revenue guidance excludes assumptions about the pending Resonant deal.
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Latest events from Joby Aviation
- $500M acquisition forms a dedicated defense unit, accelerating autonomy and growth in Dayton.JOBY
M&A announcement - Q2 revenue hit $39M, guidance raised, and $2.3B in liquidity supports expansion.JOBYQ2 2026
- All proposals passed, including board elections and annual auditor ratification.JOBYAGM 2026
- Q1 2026 saw eIPP selection, $24.2M revenue, $2.5B cash, and FAA certification progress.JOBYQ1 2026
- Key votes include director elections, auditor ratification, and executive pay approval.JOBYProxy filing
- Virtual meeting to elect directors, ratify PwC as auditor, and approve executive pay.JOBYProxy filing
- FAA certification, $1.4B cash, and $1.2B raised drive 2026 Dubai and U.S. launches.JOBYQ4 2025
- Net loss narrowed 57% as certification, manufacturing, and global expansion accelerated.JOBYQ2 2024
- FAA-approved ElevateOS and strong safety systems drive 2025 air taxi launch in key markets.JOBYStatus Update
Next Joby Aviation earnings date
Q4 202624 Feb, 2027
Joby Aviation
Next Joby Aviation earnings date
Q4 202624 Feb, 2027
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Frequently asked questions
Joby Aviation Inc develops and manufactures electric vertical takeoff and landing (eVTOL) aircraft designed for aerial ridesharing and urban air mobility services. The company focuses on providing sustainable transportation solutions by advancing electric-powered flight technologies. Its operations include aircraft design, engineering, manufacturing, and future air mobility service planning. The company is headquartered in Santa Cruz, California, and its shares are listed on the NYSE.