Joby Aviation (JOBY-WT) Research & Development (2020 - 2026)

Joby Aviation's Research & Development history runs 7 years deep, the most recent figure standing at $177.5 million for Q1 2026.

• In Q1 2026, Research & Development rose 32.16% year-over-year to $177.5 million; the TTM figure through Mar 2026 stood at $624.3 million (up 25.91% YoY), while the FY2025 annual figure was $581.1 million, up 21.78% from the prior year.
• Research & Development was $177.5 million for Q1 2026 at Joby Aviation, up from $161.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $177.5 million in Q1 2026 to a low of $72.1 million in Q1 2022.
• Historically, Research & Development has averaged $111.7 million across 5 years, with a median of $113.0 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Research & Development soared 110.83% in 2022, then grew 4.78% in 2023.
• A 5-year view of Research & Development shows it stood at $76.1 million in 2022, then jumped by 34.13% to $102.1 million in 2023, then rose by 19.84% to $122.4 million in 2024, then surged by 31.77% to $161.3 million in 2025, then grew by 10.05% to $177.5 million in 2026.
• The last three Research & Development figures came in at $177.5 million (Q1 2026), $161.3 million (Q4 2025), and $149.2 million (Q3 2025), per Business Quant data.