Joby Aviation Beats Q2 Revenue Estimates and Raises Guidance

Joby Aviation reported second-quarter revenue of $38.64 million, surpassing analyst consensus estimates of $30.38 million. This figure marks a substantial increase from the $15,000 the company reported during the same period last year.

Despite the revenue beat, the company reported quarterly losses of 25 cents per share, which missed the estimated loss of 23 cents. Following these results, the company raised its total revenue guidance for the full year 2026 to a range between $115 million and $125 million, slightly above the analyst estimate of $114.93 million.

CEO JoeBen Bevirt attributed the growth to advancements in certification, infrastructure, and commercial readiness. He stated that progress in these areas is turning electric vertical flight into an everyday reality and fundamentally changing the way people move.