Joby Aviation (JOBY) Stock Pops 3% After Crushing Revenue Estimates
TLDR
- Joby reported Q2 revenue of $38.6 million, beating Wall Street’s $30 million estimate by 33%
- Operating loss came in at $260.9 million, wider than the expected $210 million loss
- 2026 revenue guidance raised to $120 million, up from $110 million prior guidance
- JOBY stock was up 3.2% in premarket trading to $8.05 following the report
- Certification for Joby’s eVTOL aircraft is expected in late 2026 or early 2027
Joby Aviation posted Q2 revenue of $38.6 million, well ahead of the $30 million Wall Street had penciled in. The stock was up 3.2% in premarket trading Thursday, hitting $8.05.
The revenue beat was driven largely by Joby’s air-taxi operations following its 2025 acquisition of Blade Air Mobility’s helicopter business. A year ago, Joby reported essentially zero revenue.
The operating loss, however, came in at $260.9 million for the quarter. That was wider than the analyst consensus of $210 million and above the $168 million loss reported in Q2 2025.
$JOBY Q2’26 EARNINGS HIGHLIGHTS
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