Joby Aviation (JOBY-WT) Operating Expenses (2020 - 2026)

Joby Aviation's Operating Expenses history runs 7 years deep, the most recent figure standing at $257.8 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 57.9% year-over-year to $257.8 million; the TTM figure through Mar 2026 stood at $867.6 million (up 41.24% YoY), while the FY2025 annual figure was $773.0 million, up 29.51% from the prior year.
• Operating Expenses was $257.8 million for Q1 2026 at Joby Aviation, up from $237.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $257.8 million in Q1 2026 to a low of $94.3 million in Q1 2022.
• Historically, Operating Expenses has averaged $146.7 million across 5 years, with a median of $144.3 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 105.86% in 2022, then increased 5.7% in 2023.
• A 5-year view of Operating Expenses shows it stood at $101.4 million in 2022, then gained by 27.54% to $129.3 million in 2023, then increased by 15.98% to $149.9 million in 2024, then surged by 58.48% to $237.6 million in 2025, then grew by 8.51% to $257.8 million in 2026.
• The last three Operating Expenses figures came in at $257.8 million (Q1 2026), $237.6 million (Q4 2025), and $204.2 million (Q3 2025), per Business Quant data.