Joby Aviation (JOBY-WT) Gross Margin (2023 - 2026)

Joby Aviation (JOBY-WT) recorded quarterly Gross Margin of 22.45% in Q1 2026, down 40.21% quarter-over-quarter from 37.55% in Q4 2025.

Joby Aviation (JOBY-WT) Gross Margin (2023 - 2026) Analysis & Trends

Joby Aviation's Gross Margin history runs 4 years deep, the most recent figure standing at 22.45% for Q1 2026.

  • In Q1 2026, Gross Margin changed N/A year-over-year to 22.45%; the TTM figure through Mar 2026 stood at 38.03% (down 1512.0% YoY), while the FY2025 annual figure was 45.1%, down 563.0% from the prior year.
  • Gross Margin was 22.45% for Q1 2026 at Joby Aviation, down from 37.55% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 80.62% in Q4 2023 to a low of 22.45% in Q1 2026.
  • Historically, Gross Margin has averaged 46.92% across 4 years, with a median of 46.43% in 2024.
  • Biggest YoY gain for Gross Margin was 901 bps in 2025; the steepest drop was 2245 bps in 2025.
  • A 4-year view of Gross Margin shows it stood at 80.62% in 2023, then slipped by 26 bps to 60.0% in 2024, then slumped by 37 bps to 37.55% in 2025, then slumped by 40 bps to 22.45% in 2026.
  • The last three Gross Margin figures came in at 22.45% (Q1 2026), 37.55% (Q4 2025), and 55.44% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Pacific Airport 6,659.14 Bn 6,658.57 Bn 9.82 Bn 86.35%
2 Joby Aviation 9.01 Bn 9.01 Bn 5.44 Mn 22.45%
3 Southeast Airport 4.62 Bn 4.02 Bn - -
4 Central North Airport 2.05 Bn 1.93 Bn - -
5 Wheels Up Experience 259.93 Mn 126.00 Mn - -
6 Volato 5.42 Mn 3.15 Mn 703,000.00 70.51%
7 AerSale 3.97 Mn -405,177.49 - -
8 Corporacion America Airports 11,914.50 -674.98 Mn 198.55 Mn 36.93%
9 Icts International N V - - - -
10 Joby Aviation - - 5.44 Mn 22.45%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.45%
Dec 31, 2025 37.55%
Sep 30, 2025 55.44%
Jun 30, 2025 33.33%
Dec 31, 2024 60.00%
Sep 30, 2024 46.43%
Jun 30, 2024 46.43%
Mar 31, 2024 40.00%
Dec 31, 2023 80.62%