secwatch.observer — SEC 8-K summary
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Issuer:     Joby Aviation, Inc. (JOBY)
CIK:        0001819848
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001819848-26-000321
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819848/000181984826000321/0001819848-26-000321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819848/000181984826000321/joby-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001819848-26-000321

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer