---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-24-000264"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:44:04.074233+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Joby Q1 net loss $94.6M, operating loss $145.9M, cash $923.9M

## Summary
- Net loss $94.6M ($0.14/share); operating loss $145.9M, up from $99.7M in Q1 2023.
- Revenue $25k from DoD contract; cash used in operations $106.6M, capex $6.9M.
- Cash & investments $923.9M at quarter end, down $108.4M from Q4 2023.
- Second production prototype rolled off line; two more in final assembly; expanded manufacturing facility.
- FAA published final airworthiness criteria; first system-level test plans submitted; 1,500+ flights.

## SEC filing metadata
- accession: 0001819848-24-000264
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/0001819848-24-000264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/joby-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-24-000264
- JSON: https://secwatch.observer/filing/0001819848-24-000264.json
- Plain text: https://secwatch.observer/filing/0001819848-24-000264.txt

## Key facts
- Earnings Releases
  Joby Aviation, Inc. reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: NET LOSS Net loss of $95 million reflected a loss from operations of $146 million, partly offset by interest and other income of $51 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/0001819848-24-000264-index.htm
- Earnings Releases
  Joby Aviation, Inc. reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: ADJUSTED EBITDA Adjusted EBITDA loss of $110 million largely reflected our operating expenses excluding depreciation, amortization and stock-based compensation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/0001819848-24-000264-index.htm
- Earnings Releases
  Joby Aviation, Inc. reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: At the end of the first quarter of 2024, we maintained a strong balance sheet with $924 million in cash and short term investments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/0001819848-24-000264-index.htm

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