Joby Aviation Q3 net loss $79.2M, cash $1.1B; Delta partnership announced, certification progresses

Joby Aviation, Inc.

2022-Q3 EPS reported -$0.33

Net loss of $79.2M, operating expenses $97.1M, adjusted EBITDA loss $77.7M.
Cash and short-term investments $1.1B; net cash used in ops and capex $74M in Q3.
Delta Air Lines partnership: upfront equity investment $60M, potential total $200M.
FAA certification: Means of Compliance acceptance rose to 84% from 74%; first qualification plan accepted.
Commercial service expected in 2025; initial DoD service expected in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Joby Aviation, Inc. reported third quarter 2022 results: net income $79.2 million.

Period: third quarter 2022
Net income: $79.2 million
Result: reported results

Exact text from the filing

Joby Aviation Reports Third Quarter 2022 Financial Results SANTA CRUZ, CA, November 2, 2022 – Joby Aviation, Inc. (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its financial results for third quarter 2022.

View on SEC.gov

Browse all earnings releases →

Joby Aviation, Inc. filing history →

Source: SEC EDGAR

accession 0001819848-22-000184

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.