Joby Q1 revenue $24M, net loss $110M; first FAA-conforming aircraft flies; eIPP selection for ops in 2026

Joby Aviation, Inc.

2026-Q1 EPS reported -$0.12 revenue$24,246,000

Q1 revenue $24M (first revenue from BLADE business); net loss $110M vs $82M YoY; adjusted EBITDA loss $179M.
Cash & short-term investments $2.5B; Q1 cash use $163M excluding Ohio facility purchase.
First FAA-conforming aircraft for TIA (N547JX) test flights begun; SR3 audit completed, third of four certification stages.
Selected for eIPP in 11 states including NY, TX, FL, enabling potential initial passenger operations in 2026.
Guidance: FY2026 revenue $105-115M; H1 2026 cash use $340-370M (excl. Ohio facility).

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