---
schema_version: "secwatch.filing_event.v1"
accession: "0001819848-25-000193"
form_type: "8-K"
ticker: "JOBY"
cik: "0001819848"
company_name: "Joby Aviation, Inc."
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:49:38.178083+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Joby Aviation Q4 net loss $246.3M, cash $933M; certification Stage 4 progress

## Summary
- Net loss of $246.3M in Q4 2024, from operating loss of $149.9M and non-cash revaluation loss of $106.7M.
- Adjusted EBITDA loss of $118.7M, up $22.5M from Q4 2023, reflecting higher employee costs for certification and manufacturing.
- Cash, cash equivalents, and marketable securities totaled $933M; Toyota $500M commitment pending, with first $250M tranche regulatory clearances secured.
- Stage 4 certification: Joby side >50% complete (12pp increase), FAA side 31% complete (10pp increase); first FAA for-credit aerostructure test passed.
- Second aircraft delivered to Edwards AFB; flight test fleet now five aircraft; first passengers targeted late 2025 or early 2026.

## SEC filing metadata
- accession: 0001819848-25-000193
- form_type: 8-K
- ticker: JOBY
- cik: 0001819848
- company_name: Joby Aviation, Inc.
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000193/0001819848-25-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000193/joby-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819848-25-000193
- JSON: https://secwatch.observer/filing/0001819848-25-000193.json
- Plain text: https://secwatch.observer/filing/0001819848-25-000193.txt

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