Joby Aviation reported a Q4 2024 net loss of $246.3 million, primarily due to increased operating expenses related to aircraft certification and manufacturing. The company ended the quarter with $932.9 million in cash, cash equivalents, and short-term investments, supplemented by public offerings. Joby made significant progress on FAA certification, delivered a second aircraft to the U.S. Air Force, and began construction of its first Dubai vertiport.
Joby Aviation reported a strong financial foundation with $710 million in cash and short-term investments at the end of the third quarter of 2024. The company also completed its first international demonstration flights in Japan and reached a landmark in its journey to type certification.
Joby Aviation announced it has rolled its third production prototype aircraft off the company’s pilot production line and expects to have four aircraft in active flight test during the next quarter. The company maintained a strong balance sheet with $825 million in cash and short-term investments at the end of the second quarter.
Joby Aviation announced its Q1 2024 results, showcasing progress in production with the roll-out of its second prototype aircraft and expansion of manufacturing facilities. The company also achieved key milestones in certification and testing, broadened partnerships, and maintained a strong cash balance of $924 million.
Joby Aviation reported its Q4 and full year 2023 results, showcasing the first electric air taxi flight in New York City. The company is focused on certification and manufacturing, with $1.0 billion in cash and short-term investments at the end of Q4 2023.
Joby Aviation reported its Q3 2023 results, achieving significant milestones including nearing completion of stage three certification, delivering the first electric air taxi to the U.S. Air Force, expanding flight tests with pilots on board, and selecting Dayton, OH for its first scaled manufacturing facility. The company ended the quarter with $1.1 billion in cash and short-term investments.
Joby Aviation announced the launch of its first production prototype and submission of all certification plans to the FAA. The company's balance sheet was further strengthened with $280 million in new funding.
Joby Aviation reported a strong balance sheet with $978 million in cash and short-term marketable securities. They signed a $55 million contract extension with the Department of Defense and submitted additional Area Specific Certification Plans to the FAA.
Joby Aviation reported its financial results for the fourth quarter and full year 2022, focusing on the development of all-electric aircraft for commercial passenger service.
Joby Aviation announced its financial results for the third quarter of 2022.
Joby Aviation announced its financial results for the second quarter of 2022, focusing on the development of its eVOTL aircraft and related services.
Joby Aviation announced its financial results for the first quarter of 2022, focusing on the development of all-electric aircraft for commercial passenger service.
Joby Aviation reported its financial results for the fourth quarter of 2021, focusing on the development of all-electric aircraft for commercial passenger service.
Joby Aviation reported its financial results for the third quarter of 2021, but the specific details were not included in the press release.