---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-23-000318"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:37:25.212149+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Joby Aviation Q2 net loss $286M; production prototype flight; $1.2B cash

## Summary
- Net loss of $286.1M includes $180.7M loss on derivative liability revaluation; operating expenses $116M.
- Cash and short-term investments $1.2B; net cash used in operations and capex $77M in Q2.
- Adjusted EBITDA loss $83.3M, up $9.2M YoY, reflecting higher certification and manufacturing costs.
- First production prototype rolled off line and began flight testing; all certification plans submitted to FAA.
- Strengthened balance sheet with $280M from Baillie Gifford and SK Telecom; Toyota exec joined board.

## SEC filing metadata
- accession: 0001819848-23-000318
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984823000318/0001819848-23-000318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984823000318/joby-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-23-000318
- JSON: https://secwatch.observer/filing/0001819848-23-000318.json
- Plain text: https://secwatch.observer/filing/0001819848-23-000318.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.