Joby Aviation (JOBY) Gross Margin (2023 - 2026)
Joby Aviation (JOBY) 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) 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 | 8.75 Bn | 8.75 Bn | 5.44 Mn | 22.45% |
| 3 | Southeast Airport | 4.55 Bn | 3.94 Bn | - | - |
| 4 | Central North Airport | 2.04 Bn | 1.92 Bn | - | - |
| 5 | Wheels Up Experience | 262.09 Mn | 128.17 Mn | - | - |
| 6 | AerSale | 3.96 Mn | -423,892.34 | - | - |
| 7 | Volato | 3.00 Mn | 721,736.20 | 703,000.00 | 70.51% |
| 8 | Corporacion America Airports | 12,126.00 | -674.98 Mn | 198.55 Mn | 36.93% |
| 9 | Icts International N V | - | - | - | - |
| 10 | Central North Airport | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |