JOBY on NYSE

Joby Aviation

Logo: jobyaviation.com5

American aviation company

Joby Aviation, Inc. is an American venture-backed aviation company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service. Joby Aviation is headquartered in Santa Cruz, California and has offices in San Carlos, California; Marina, California; and Munich, Germany.3 It was founded by JoeBen Bevirt.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2021Founded1

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  • TickerJOBY on NYSE1
  • Industryaerospace industry1
  • HeadquartersSanta Cruz1
  • Websitewww.jobyaviation.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address333 Encinal Street, Santa Cruz, Ca 950606
  • Filer categoryLarge accelerated filer6
  • LEI254900NMVFUM8FO88E564
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 61228684
Joby Aviation S4 experimental eVTOL aircraft at Edwards AFB
Photo: Harlan Huntington, Public domain, via Wikimedia Commons9

Joby Aviation, Inc. is an American venture-backed aviation company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service. Joby Aviation is headquartered in Santa Cruz, California and has offices in San Carlos, California; Marina, California; and Munich, Germany.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1346.9%Operating margin10
-1740.5%Net margin10
39183.1%Revenue growth, 202510
-66.0%Return on equity10
-$563.8MFree cash flow10

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Passenger brought in 65% of the revenue Joby Aviation broke down this way in fiscal 2025.

  1. Passenger$34.8M1065%
  2. Product and Service, Other$18.6M1035%up 13579% from 2024
Products and services by year
Products and services202320242025
Passenger$0$0$34.8M
Product and Service, Other$1.0M$136.0K$18.6M

Regions

United States brought in 67% of the revenue Joby Aviation broke down this way in fiscal 2025.

  1. United States$35.8M1067%up 26188% from 2024
  2. Japan$8.1M1015%
  3. Europe$6.8M1013%
  4. Rest of the world$2.8M105%
Regions by year
Regions202320242025
United States$1.0M$136.0K$35.8M
Japan$0$0$8.1M
Europe$0$0$6.8M
Rest of the world$0$0$2.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development78¢$581.1M
  • Selling, general and admin22¢$162.6M
  • Income tax0¢$1.3M

Out of $53.4M in revenue.10 The company lost money this year.

Financial statements

Revenue111210$53.4M in 2025
0$20.0M$40.0M$60.0M2021: $0$020212022: $0$020222023: $1.0M$1.0M20232024: $136.0K$136.0K2024−87%2025: $53.4M$53.4M2025+39183%
Operating income13111210-$719.6M in 2025+444% since 2020
-$800.0M-$600.0M-$400.0M-$200.0M02020: -$132.2M-$132.2M20202021: -$259.1M-$259.1M2021+96%2022: -$392.2M-$392.2M2022+51%2023: -$472.1M-$472.1M2023+20%2024: -$596.8M-$596.8M2024+26%2025: -$719.6M-$719.6M2025+21%
Net income13111210-$929.8M in 2025+714% since 2020
-$1.0B-$750.0M-$500.0M-$250.0M02020: -$114.2M-$114.2M20202021: -$180.3M-$180.3M2021+58%2022: -$258.0M-$258.0M2022+43%2023: -$513.0M-$513.0M2023+99%2024: -$608.0M-$608.0M2024+19%2025: -$929.8M-$929.8M2025+53%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Operating expenses:$53.4M$136.0K$1.0M
Cost of Revenue$29.3M$67.0K$200.0K
Research and development$581.1M$477.2M$367.0M
Selling, general and administrative$162.6M$119.7M$105.9M
Total operating expenses$773.0M$596.9M$473.1M
Loss from operations-$719.6M-$596.8M-$472.1M
Interest and other income, net$43.2M$42.8M$45.6M
Loss on common stock issuance in private placement-$40.3M$0$0
Loss from change in fair value of warrants, earnout shares and contingent consideration-$211.8M-$54.0M-$86.4M
Total other loss, net-$208.9M-$11.2M-$40.8M
Loss before income taxes-$928.5M-$607.9M-$512.9M
Income tax expense$1.3M$129.0K$139.0K
Net loss-$929.8M-$608.0M-$513.0M
Net loss per share, basic (in dollars per share)-$1.13-$0.87-$0.79
Net loss per share, diluted (in dollars per share)-$1.13-$0.87-$0.79
Weighted-average common shares outstanding, basic (in shares)826.2M shares699.8M shares647.9M shares
Weighted-average common shares outstanding, diluted (in shares)826.2M shares699.8M shares647.9M shares

Compare Joby Aviation with another company

Corporate structure

Joby Aviation sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Joby Aviation

  • BlackRock Filed SCHEDULE 13G on Joby Aviation, latest Jul 28, 2026
  • Toyota Filed SCHEDULE 13D/A on Joby Aviation, latest Jun 30, 2026 (3 filings since Oct 2, 2024)
  • Paul Cahill Sciarra Filed SCHEDULE 13D/A on Joby Aviation, latest May 18, 2026 (2 filings since Feb 22, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Joby Aviation, latest Mar 27, 2026 (3 filings since Nov 4, 2024)
  • BAILLIE GIFFORD & CO Filed SCHEDULE 13G/A on Joby Aviation, latest Feb 9, 2026 (3 filings since Jan 29, 2024)
  • TIF Partners, LLC Filed SCHEDULE 13D/A on Joby Aviation, latest Aug 18, 2025 (2 filings since Dec 17, 2021)
  • JoeBen Bevirt Filed SC 13D/A on Joby Aviation, latest Mar 11, 2024 (2 filings since Feb 22, 2022)
  • Reinvent Sponsor LLC Filed SC 13G/A on Joby Aviation, latest Feb 12, 2024 (2 filings since Feb 14, 2023)
  • Intel Filed SC 13G/A on Joby Aviation, latest Feb 9, 2024 (2 filings since Feb 10, 2023)
  • 683 Capital Management, LLC Filed SC 13G/A on Joby Aviation, latest Feb 14, 2022
  • Alyeska Investment Group, L.P. Filed SC 13G/A on Joby Aviation, latest Feb 14, 2022
  • Joby Aviation Santa Cruz, California, United States
    • Joby Aero, Inc. Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Joby Aviation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$10.1M10 Dec 31, 2025$7.5M10 Dec 31, 2024+35.2%
Operating-lease assets (leased space)$31.8M10 Dec 31, 2025$28.7M10 Dec 31, 2024+11.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$240.8M10 Dec 31, 2025$199.6M10 Dec 31, 2024+20.6%
Marketable securities, current$1.2B10 Dec 31, 2025$733.2M10 Dec 31, 2024+59.2%
Debt securities available for sale$1.2B10 Dec 31, 2025$733.2M10 Dec 31, 2024+59.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$89.4M10 Dec 31, 2025$14.3M10 Dec 31, 2024+524.4%
Intangible assets, net (excluding goodwill)$18.9M10 Dec 31, 2025$8.1M10 Dec 31, 2024+132.1%
Finite-lived intangibles, gross$24.4M10 Dec 31, 2025$20.2M10 Dec 31, 2024+20.9%
Accumulated amortization$5.5M10 Dec 31, 2025$12.1M10 Dec 31, 2024−54.0%
Finite-lived intangibles, net$18.9M10 Dec 31, 2025$8.1M10 Dec 31, 2024+132.1%

Properties, in its own words

Our corporate headquarters are located in Santa Cruz, California, and consist of approximately 162,000 square feet, which we purchased in 2023, and an additional approximately 49,000 square feet of leased space in the same location. We operate primarily out of facilities located in the U.S., in Santa Cruz, San Carlos and Marina, California, Washington, D.C., Dayton, Ohio, and New York. We also operate internationally in Munich and Stuttgart, Germany, Linz, Austria, San Jose, Costa Rica, and Shenzhen, China.

The facilities that house our prototype production line in Marina, California span approximately 130,000 square feet and are leased from the City of Marina. Additionally, in 2025 we completed construction of approximately 226,000 additional square feet in Marina. We have also entered into a ground lease agreement with the City of Marina that can be extended for up to 50 years.

The rest of Item 2

We own an approximately 40,300 square foot facility in Dayton, Ohio, where we have begun manufacturing of our propeller blades. In January 2026, we entered into an agreement to purchase a facility totaling approximately 728,000 square feet in Vandalia, Ohio, to expand our manufacturing footprint in the area.

We believe our facilities are adequate and suitable for our current needs and that, should it be needed, suitable additional or alternative space will be available to accommodate our operations.

Our testing facility in Santa Cruz, California is a retired rock quarry. While the nature of this facility is suitable for advanced R&D and testing activities, this facility lacks compliance with applicable building codes, zoning codes and similar regulations and ordinances. We have transitioned most of the research and development work to our facility in Santa Cruz. In addition, we are working with the County of Santa Cruz to bring the site into compliance for our remaining limited testing operations at the facility.

All of our facilities, except for our corporate headquarters, are located on land that is leased from third parties or, in the case of our testing facility in Santa Cruz, from entities partially or wholly owned by our CEO, JoeBen Bevirt.

Item 2 of the 10-K filed Feb 27, 2026.17

The story

Founded by JoeBen Bevirt in 2021.1

Beginnings

Joby Aviation was founded as Joby Aero on September 11, 2009 as one of several projects incubated by JoeBen Bevirt on his ranch in the Santa Cruz Mountains, using the proceeds from successful exits of previous companies. According to the company's website, the early years were spent exploring different components of electric aviation, including electric motors, flight software, and lithium-ion batteries. The research led Joby to participate in the NASA X-57 Maxwell and LEAPTech projects, before developing its own air taxi concept. Joby's early concept, publicly called the S2, had eight tilting propellers arrayed along the leading edge of its wing and four more tilting propellers mounted on its V-shaped tail. Later, the company moved to a configuration that features six rotating propellers.

By 2015, the company was operating subscale prototypes of its eVTOL aircraft, moving to full-scale unmanned prototypes in 2017, and a production prototype in 2019. In 2018, the company announced a Series B funding round of $100 million, led by Toyota AI Ventures. By 2019, the company was in active conversations with the FAA about certifying the aircraft and announced a partnership with Uber's Elevate division.

For its first ten years, Joby operated in stealth mode, sometimes leading to skepticism of the company's claims. The first journalist granted access to the aircraft in 2018 agreed not to disclose details about the aircraft. In 2020, however, the company began releasing significantly more information, starting with its January announcement of a $590 million funding round, led by Toyota Motor Corporation. At that announcement, the company revealed its production vehicle. In January 2020, Bevirt was a keynote speaker at the meeting of the Vertical Flight Society.

Development

In January 2020, Joby announced plans to manufacture the aircraft in Marina, California at the Marina Municipal Airport. The plans include building a 55,000 square foot production facility, followed by a 500,000 square foot factory. Late in 2020, Joby Aviation acquired Uber Elevate, and the U.S. Air Force announced that it had granted Joby its first eVTOL airworthiness certification as part of its Agility Prime program.

In February 2021, the company announced a partnership with Garmin to provide flight deck equipment and announced that it had obtained a 'G-1' certification basis for its aircraft with the FAA. In May, 2021, a NOVA episode on PBS featured Joby. The city of Marina and the FAA approved the company's plan for a production facility in June 2021. In August 2021, the company announced a 155-mile flight on a single charge in 77 minutes, comparative noise tests against other aircraft and its application for air Part 135 and Part 23 carrier certifications. The battery used an 811 NMC (nickel-manganese-cobalt oxide) cathode and a graphite anode. On August 11, the company went public using a special-purpose acquisition company.

In January 2022, the company registered what it claimed was the fastest eVTOL flight to date, traveling at a true airspeed of 205 mph (330 km/h).

On February 16, 2022, a remotely piloted prototype crashed during a test flight in rural California, sustaining substantial damage. The National Transportation Safety Board determined that the crash and subsequent fire were caused by an in-flight component failure. In April 2022, Joby acquired hydrogen-aviation pioneer H2Fly, a spinoff of the DLR Institute of Engineering Thermodynamics of the German Aerospace Center. In May 2022, Joby received Part 135 air service certification from the FAA, operating a fleet of Cirrus SR22s while it continues seeking certification for its eVTOL aircraft.

On June 28, 2023, the company rolled out the first production version of the aircraft and announced it had received FAA approval to flight test that version, sending its stock price as high as 42% above its previous close in midday trading. The company said the U.S. Air Force will receive early production units in 2024 as part of a $131 million contract, which would be the first ever eVTOL to be delivered to a paying customer.

Read the full text

In September 2023, Joby Aviation delivered its first eVTOL air taxi to Edwards Air Force Base in California. Joby flew its aircraft in Manhattan, New York on November 12, 2023, marking the first eVTOL flight in New York City and the first time Joby has flown in an urban setting. A demonstration flight was performed at the Downtown Manhattan Heliport in conjunction with an announcement by the city of its intention to electrify the facility. The autonomy division of Xwing was acquired by Joby Aviation in June 2024.

On June 24, 2024, Joby Aviation's S4 eVTOL demonstrator, converted to hydrogen-electric power in May, completed a record 523 miles non-stop flight, more than triple the range of the battery powered version. It landed with 10% fuel remaining in its cryogenic fuel tank that had a capacity of 88 lb of liquid hydrogen at 22 Kelvin. The H2Fly-developed ‘H2F-175’ hydrogen fuel cell system provided the power for the six electric rotors of the eVTOL during its flight; a small battery, charged by the fuel cell, provided added takeoff and landing power. The only in-flight emission was water vapor. The same aircraft later flew 561 miles non-stop including a vertical takeoff and landing.

In August 2025, Joby agreed to acquire Blade Air Mobility's passenger rideshare business for $125 million.

On November 7, 2025, Joby Aviation’s hybrid S4-T demonstrator, developed in collaboration with L3Harris Technologies, completed its first flight at the company’s Marina, California test facility. The demonstrator integrates a gas-turbine generator with Joby’s electric vertical take-off and landing platform and has been described as a hybrid aircraft with potential military applications, representing an expansion beyond the company’s all-electric S4 air taxi program.

In January 2026, it was announced that Joby had signed an agreement to acquire a second manufacturing facility in Dayton. The facility, spanning more than 700,000 square feet, is intended to support an increase in aircraft production capacity and to complement the company’s existing manufacturing operations in California and Ohio.

In March 2026, Joby Aviation announced the commencement of flight testing for its first FAA-conforming S4 eVTOL aircraft at its Marina, California facility, an important step toward Type Inspection Authorization (TIA) and eventual commercial certification. The aircraft, identified as N547JX, is the first in a fleet built to FAA-approved designs and will be used to support TIA testing by both Joby and FAA pilots.

eIPP (2026 - 2029)

The Federal Aviation Administration’s Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP) is a three‑year initiative established to accelerate the safe integration of advanced air mobility (AAM) aircraft into the U.S. National Airspace System and to gather operational data to inform future regulations. Proposals were solicited from state, local, tribal, and territorial governments in partnership with industry participants, with selected pilot projects involving use cases such as air taxi services, regional passenger flights, cargo and logistics operations, emergency medical response, and autonomous flight demonstrations.

In March 2026, Joby Aviation was selected to participate in five of the pilot projects under the eIPP, with opportunities to conduct early operations and demonstrations in regions including the New York/New Jersey area, Texas, Florida, North Carolina, and Utah.

On April 27, 2026, Joby Aviation operated the first point-to-point flight by an eVTOL aircraft in New York City. The demonstration flight took off from John F. Kennedy International Airport and landed at the West 30th Street Heliport. The flight lasted for about 15 minutes and was hosted by the Port Authority of New York and New Jersey, which is leading one of the projects the eIPP.

From Wikipedia’s article on Joby Aviation, shared under CC BY-SA 4.0.7

Leadership

Who has led Joby Aviation, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorAicha Evans named Oct 20, 2022 to Aug 19, 202647
  • DirectorHalimah DeLaine Prado named Oct 15, 2024 to Aug 19, 202647
  • DirectorHalimah Prado named Oct 20, 202248

Products and brands

  • electric aircraft

Listed on Wikidata.1

The Joby air taxi is intended to be a four-passenger commercial aircraft with a pilot, capable of traveling up to 150 miles (240 km) on a single charge at a top speed of 200 mph (320 km/h), with a maximum payload of 1,000 pounds. It is designed to take off and land vertically like a helicopter, and transition to horizontal cruise like a fixed-wing aircraft. Nearly silent in flight, the electric-powered aircraft is designed to operate with no emissions and to be 100 times quieter during takeoff and landing than a helicopter. Joby plans to mass-produce its eVTOL, with a plan to operate a piloted on-demand air-taxi service. The aircraft will be operated as a service with per-trip passenger pricing.

Joby described the Uber Elevate acquisition as a way to accelerate its commercial launch through Elevate's tools and personnel. Elevate had previously operated a service called Uber Copter, which allowed all Uber users in the New York area to book a trip to John F. Kennedy International Airport, with a car taking riders to a heliport and a helicopter then taking riders to the airport. While the service used Bell 430 helicopters with Uber branding, the aircraft were operated by a separate helicopter company, Heliflite. Joby Aviation cited Elevate's software tools enabling market selection, demand simulation and multi-modal operations as the reasons to purchase Elevate, suggesting the acquisition may play a significant role in Joby's commercial service. Joby has not commented on whether it will continue Elevate's plans to launch in Los Angeles, Dallas, and Melbourne.

In Dec 2024 Joby became the first company to fly in Korea’s K-UAM Grand Challenge.

From Wikipedia’s article on Joby Aviation, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Joby Aero, Inc. Delaware8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Reinvent Technology PartnersAug 12, 2020 to Aug 6, 20216

Timeline

  1. Sep 11, 20268-K Other events49
  2. Sep 9, 20268-K Executive or director change50
  3. Aug 11, 20268-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure51
  4. Aug 5, 20268-K Results of operations52
  5. Jul 28, 20268-K Other events53
  6. Jun 30, 20268-K Entered a material agreement54
  7. Jun 4, 20268-K Shareholder vote55
  8. May 5, 20268-K Results of operations56
  9. Apr 22, 20268-K Executive or director change57
  10. Mar 11, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation58
  11. Mar 6, 20268-K Change of auditor59
  12. Feb 25, 20268-K Results of operations60
  13. Dec 15, 2021New chief executive JoeBen Bevirt becomes CEO18
  14. 2021Founded Founded1
  15. Sep 16, 2020New chief executive Michael N. Thompson Jr. becomes CEO19

Calendar

Coming up

  1. Nov 4, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.26) a share, on Nov 5, 2025.61

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results52
  2. May 5, 2026Reported quarterly or annual results56
  3. Feb 25, 2026Reported quarterly or annual results60
  4. Feb 2, 2026Reported quarterly or annual results62
  5. Nov 5, 2025Reported quarterly or annual results63
  6. Aug 6, 2025Reported quarterly or annual results64
  7. May 7, 2025Reported quarterly or annual results65
  8. Feb 26, 2025Reported quarterly or annual results66

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

1,311 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 76 major events, 665 insider forms, 22 large holders, 3 private raises, 525 other. The latest 20:

  1. Oct 14, 20264 EDGAR
  2. Oct 14, 20264 EDGAR
  3. Oct 13, 2026144 EDGAR
  4. Oct 6, 20264 EDGAR
  5. Oct 6, 20264 EDGAR
  6. Oct 6, 20264 EDGAR
  7. Oct 6, 20264 EDGAR
  8. Oct 6, 20264 EDGAR
  9. Oct 5, 2026144 EDGAR
  10. Oct 5, 20264 EDGAR
  11. Oct 5, 20264 EDGAR
  12. Oct 5, 20264 EDGAR
  13. Oct 5, 20264 EDGAR
  14. Oct 5, 20264 EDGAR
  15. Oct 5, 20264 EDGAR
  16. Oct 5, 20264 EDGAR
  17. Oct 2, 2026144 EDGAR
  18. Oct 2, 2026144 EDGAR
  19. Oct 2, 2026144 EDGAR
  20. Oct 2, 2026144 EDGAR

The 1,311 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

455 open-market trades by officers, directors and large owners since October 2021: 9 buys and 446 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2026Bowles GregoryChief Policy OfficerSale6,138$6.35$39.0KForm 4
Sep 15, 2026Bevirt JoeBenCEO and Chief ArchitectSale606,667$6.19$3.8MForm 4
Sep 3, 2026Brumana RodrigoChief Financial OfficerSale8,898$6.89$61.3KForm 4
Sep 2, 2026Sciarra Paul CahillDirectorSale62,500$6.68$417.5KForm 4
Sep 2, 2026Brumana RodrigoChief Financial OfficerSale37,831$6.77$256.1KForm 4
Aug 25, 2026Bowles GregoryChief Policy OfficerSale4,575$7.23$33.1KForm 4
Aug 24, 2026Bowles GregoryChief Policy OfficerSale3,531$7.34$25.9KForm 4
Aug 17, 2026Bevirt JoeBenCEO and Chief ArchitectSale596,667$7.87$4.7MForm 4
Aug 13, 2026Sciarra Paul CahillDirectorSale62,500$7.96$497.5KForm 4
Jul 15, 2026Bevirt JoeBenCEO and Chief ArchitectSale596,666$7.75$4.6MForm 4
Jul 14, 2026DeHoff KateSee RemarksSale14,240$7.73$110.1KForm 4
Jul 13, 2026Allison EricChief Product OfficerSale27,932$7.53$210.3KForm 4
Jul 13, 2026DeHoff KateSee RemarksSale8,381$7.53$63.1KForm 4
Jul 6, 2026Bowles GregoryChief Policy OfficerSale4,724$9.10$43.0KForm 4
Jul 2, 2026Simi Bonny WPresident of OperationsSale7,832$8.92$69.9KForm 4
Jul 2, 2026Bowles GregoryChief Policy OfficerSale5,158$8.92$46.0KForm 4
Jul 2, 2026Brumana RodrigoChief Financial OfficerSale2,601$8.92$23.2KForm 4
Jul 2, 2026DeHoff KateSee RemarksSale9,575$8.92$85.4KForm 4
Jul 2, 2026Bevirt JoeBenCEO and Chief ArchitectSale15,788$8.92$140.8KForm 4
Jul 2, 2026Allison EricChief Product OfficerSale9,330$8.92$83.2KForm 4

All 455 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Rodrigo BrumanaChief Financial Officer51$302.8K$11.7M78
2025Nick KalayjianFormer Chief Hardware Officer$157.7K$5.5M78
2025JoeBen Bevirt52$657.4K$3.7M78
2025Kate DeHoffChief Legal Officer and Corporate Secretary48$445.1K$3.5M78
2025Didier PapadopoulosPresident of Aircraft OEM50$551.0K$3.3M78
2025Bonny SimiPresident of Operations64$496.9K$3.0M78
2024Didier PapadopoulosPresident of Aircraft OEM50$535.0K$3.7M78
2024Chief Executive Officer$638.3K$3.7M78
2024Bonny SimiPresident of Operations64$480.6K$3.2M78
2024Kate DeHoffChief Legal Officer and Corporate Secretary48$432.1K$2.4M78
2023Chief Executive Officer$619.6K$4.0M78
2023Didier PapadopoulosPresident of Aircraft OEM50$519.6K$2.8M78
2023Bonny SimiPresident of Operations64$419.6K$2.0M78
2023Kate DeHoffChief Legal Officer and Corporate Secretary48$419.6K$1.7M78

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$560.0M 2022–2024
Money received by yearMoney received by year, 2022–2024: $560.0M in all. Private raises (Form D) $560.0M.$0$200M$400M$600M2022 · Private raises (Form D): $60.0M202220232024 · Private raises (Form D): $500.0M2024
Figures by year
YearPrivate raises (Form D)Total
2024$500.0M$500.0M
2022$60.0M$60.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Aug 8, 2026Filed a private offering of equity47 Form D: $50 million offered in all Form D
  2. Oct 1, 2024Raised $500 million in a private offering of equity79 Form D: 1 investor so far Form D
  3. Oct 7, 2022Raised $60 million in a private offering of equity48 Form D: 1 investor so far Form D

SEC filer profile

How Joby Aviation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARJoby Aviation, Inc.2
  • CIK0001819848
  • Employer ID (EIN)98-154811817
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)3721 Aircraft2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address333 Encinal Street, Santa Cruz, CA 950602
  • Phone831-201-67002
  • Shares outstanding989,124,237 as of Aug 3, 202615
  • Public float$5.6B as of Jun 30, 202517
  • AuditorDeloitte & Touche LLP, San Jose, California PCAOB ID 34; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceAug 12, 20202
  • Filings1,478 in all: 4 (676), 144 (435), 8-K (83), 425 (68), 3 (32), 424B3 (29), 10-Q (18), 424B5 (11)2
    All 44 form types

    SC 13G/A (11), EFFECT (10), CORRESP (9), UPLOAD (9), SC 13G (8), 10-K (6), DEFA14A (6), DEF 14A (5), POS AM (5), ARS (4), S-8 (4), SC 13D (4), SCHEDULE 13D/A (4), 424B7 (3), D (3), FWP (3), S-1 (3), S-4/A (3), SCHEDULE 13G/A (3), 25-NSE (2), 4/A (2), 8-K/A (2), POS EX (2), S-3ASR (2), SC 13D/A (2), 10-K/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), PRE 14A (1), S-1/A (1), S-3 (1), S-4 (1), S-4MEF (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Apr 21, 2026
    Latest 8-K (8-K) Sep 11, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001JOBYNew York Stock Exchange
Warrants to purchase common stockJOBY WSNew York Stock Exchange

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Joby Aviation names in Item 1A of its 10-K filed Feb 27, 2026: 60 risks under these headings, as written.17

  • In the course of conducting our business operations, we are exposed to a variety of risks. Any of the risk factors we describe below have affected or could materially adversely affect our business, financial condition, results of operations, and brand. The market price of shares of our common stock could decline, possibly significantly or permanently, if one or more of these risks and uncertainties occurs. Certain statements in “Risk Factors” are forward-looking statements. See “Special Note Regarding Forward-Looking Statements.”
  • Risks Related to Our Business and Industry
  • Certification & Regulatory
  • We may be unable to obtain relevant regulatory approvals for the commercialization of our aircraft or operation of our mobility service, either in the United States or in foreign markets.
  • Regulatory authorities may disagree with our view that integrating our service into the National Airspace System is possible without changes to existing regulations and procedures.
  • If current airspace regulations are not modified to increase air traffic capacity, our business could be subject to considerable capacity limitations.
  • Changes in government regulation could increase our operating costs or extend our certification timeline.
  • We may be subject to security regulation that will increase our operating costs.
  • We are subject to stringent U.S. export and import control laws and regulations, which may change. We may be unable to comply with these laws and regulations or U.S. government licensing policies, or to secure required authorizations in a timely manner.
  • Global trade policies, including tariffs, could adversely affect our operations.
  • We are subject to rapidly changing and increasingly restrictive laws, regulations and other obligations relating to privacy, data protection, and data security, which may be costly and difficult to comply with.
  • Market & Service
The other 51 risks
  • The market for UAM has not been established with precision. Customers may be reluctant to adopt this new form of mobility, or to pay our projected prices.
  • We may face delays in launching our commercial service.
  • Errors or vulnerabilities in software code could harm our business.
  • We may be unable to reduce end-user pricing at rates sufficient to drive growth for our service.
  • Our competitors may commercialize their technology before us, or we may not be able to fully capture the first mover advantage that we anticipate.
  • If we are unable to integrate our service with ground transportation services it may limit customer adoption and harm our business.
  • Customers may not differentiate our services from our competitors.
  • Our prospects may be adversely affected by changes in consumer preferences, discretionary spending and other economic conditions that affect demand for our services.
  • If we are unable to obtain and maintain adequate facilities and infrastructure, including access to key infrastructure such as airports, we may be unable to offer our service in a way that is useful to passengers.
  • Our aircraft utilization may be lower than expected due to weather and other factors.
  • Aircraft and Production
  • Our aircraft may fail to achieve performance expectations.
  • We may not be able to produce aircraft in the volumes and on the timelines we project.
  • Crashes, accidents or incidents of eVTOL and other aircraft could have a material adverse effect on our business, financial condition, and results of operations.
  • We will initially rely on a single type of aircraft to support our commercial UAM business, which makes us vulnerable to design defects or mechanical problems.
  • We depend on suppliers and service partners for raw materials, parts and components.
  • Our aircraft may require maintenance at frequencies or at costs which are unexpected.
  • U.S. Government Contracts and Pre-Certification Operations
  • The U.S. government may modify or terminate one or more of our existing contracts.
  • We may be unable to grow our relationship with the U.S. government and the Department of Defense.
  • We conduct a portion of our business pursuant to U.S. government contracts, which are subject to unique risks.
  • Risks Related to our Blade Air Charter Operations
  • We may not realize the anticipated benefits of our acquisition of Blade, and the acquisition may expose us to integration challenges, additional liabilities and costs, and potential dilution.
  • We could suffer losses and adverse publicity stemming from accidents involving small aircraft, helicopters, or charter flights generally and, in particular, from any accident or incident involving Blade charter flights.
  • The markets for our Blade offerings are still in relatively early stages of growth, and such markets may not continue to grow, or may grow more slowly than we expect.
  • If we are unable to obtain and maintain adequate facilities and infrastructure, we may be unable to offer our existing Blade flight schedule and to expand our route network in the future.
  • We rely on our third-party operators to provide and operate aircraft. If such third-party operators do not perform adequately or terminate their relationships with us, our costs may increase.
  • Illegal, improper, or otherwise inappropriate operation of branded aircraft by our third-party aircraft operators, regardless of whether they are operating aircraft on our behalf, could harm our reputation, business, brand, financial condition, and results of operations.
  • Risks Related to Our Finances and Operations
  • We have incurred significant losses since inception, we expect to incur losses in the future, and we may not be able to achieve or maintain profitability.
  • We will need additional capital in the future, including to build high-volume manufacturing, and to develop a vertiport network to support a high-volume service.
  • The Toyota Investment is subject to closing conditions, including conditions beyond our control, and no assurance can be given that the second tranche closing will take place on the timeline currently anticipated or at all. Any failure to close the second tranche of the Toyota Investment could adversely impact our future liquidity and our financial condition.
  • We have broad discretion in how we use our assets, and we may not use them effectively.
  • Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited.
  • If we fail to maintain an effective system of disclosure controls and internal control over financial reporting, investors may lose confidence in the accuracy and completeness of our financial reports and our ability to comply with applicable regulations could be impaired.
  • We may be unable to protect our intellectual property rights from unauthorized use by third parties.
  • If conflicts arise between us and our strategic partners, our business could be adversely affected, or these parties may act in a manner adverse to us.
  • We may invest significant resources in developing new offerings and exploring the application of our proprietary technologies for other uses and those opportunities may never materialize.
  • Any material disruption in our information systems could adversely affect our business.
  • If we or our third-party service providers experience a security breach, or if unauthorized parties otherwise obtain access to our customers’ data, our reputation may be harmed, demand for services may be reduced, and we may incur significant liabilities.
  • Our intended initial operations are concentrated in a small number of metropolitan areas and airports which makes our business particularly susceptible to natural disasters, outbreaks and pandemics, growth constraints, economic, social, weather, and regulatory conditions or other circumstances affecting these metropolitan areas.
  • We currently have subsidiaries located outside of the United States and plans for international operations in the future, which could subject us to political, operational and regulatory challenges.
  • We are subject to risks arising from natural disasters and severe weather conditions and risks associated with climate change, including the potential increased impacts of severe weather events on our operations and infrastructure.
  • We are subject to many hazards and operational risks that can disrupt our business, including interruptions or disruptions in service at our facilities, for which we may not be able to secure adequate insurance policies, or secure insurance policies at reasonable prices.
  • We are dependent on our senior management team and other highly skilled personnel, including pilots and mechanics, and we may not be successful in attracting or retaining these personnel.
  • Our business may be adversely affected by union activities.
  • Additional Risks Related to Ownership of Our Common Stock
  • The price of our common stock has been and may continue to be volatile.
  • We do not intend to pay cash dividends for the foreseeable future.
  • If analysts do not publish research about our business or if they publish inaccurate or unfavorable research, our stock price and trading volume could decline.
  • We may be subject to securities litigation, activist investors and short-selling campaigns, which are expensive and could divert management attention.
  • Future resales of common stock may cause the market price of our securities to drop significantly.
  • Our Certificate of Incorporation, Bylaws, and policies and procedures are designed to ensure compliance with applicable aviation regulations.
  • If we are deemed to be an investment company under the Investment Company Act of 1940, our results of operations could be harmed.

Legal proceedings

We are subject to a variety of claims that arise from time to time in the ordinary course of our business. While management currently believes that resolving claims against us, individually or in aggregate, will not have a material adverse impact on our financial position, results of operations or statement of cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. If an unfavorable final outcome were to occur, it may have a material adverse impact on our financial position, results of operations or cash flows for the period in which the effect becomes reasonably estimable.

Additionally, on November 18, 2025, we filed a complaint in the Superior Court of the State of California for the County of Santa Cruz against Archer Aviation, Inc. (“Archer”) and George Kivork alleging, among other things, breach of contract, misappropriation of trade secrets, and interference with contract and prospective economic advantage related to

the improper acquisition, retention, and use of our confidential and proprietary business information and trade secrets. The complaint requests damages, disgorgement and restitution, injunctive relief, and attorneys’ fees, costs and expenses. This lawsuit was removed to the United States District Court, Northern District of California, where it remains pending. On January 23, 2026, Archer and Mr. Kivork filed motions to dismiss the complaint, and we filed our opposition to the motion to dismiss on February 13, 2026.

The opening of Item 3, Legal Proceedings.17

Sources

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