Joby Aviation (JOBY) Operating Expenses (2020 - 2026)
Joby Aviation (JOBY) posted quarterly Operating Expenses of $257.8 million for Q1 2026, up 57.9% year-over-year from $163.3 million in Q1 2025, and up 8.51% quarter-over-quarter from $237.6 million in Q4 2025.
Joby Aviation (JOBY) Operating Expenses (2020 - 2026) Analysis & Trends
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 for Q1 2026 stood at $257.8 million, up from $237.6 million in the prior quarter.
- The five-year high for Operating Expenses was $257.8 million in Q1 2026, with the low at $94.3 million in Q1 2022.
- The 5-year median for Operating Expenses is $144.3 million (2024), against an average of $146.7 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 105.86% in 2022, then grew 5.7% in 2023.
- Joby Aviation's Operating Expenses stood at $101.4 million in 2022, then rose by 27.54% to $129.3 million in 2023, then grew by 15.98% to $149.9 million in 2024, then jumped by 58.48% to $237.6 million in 2025, then climbed by 8.51% to $257.8 million in 2026.
- Business Quant data shows JOBY's Operating Expenses at $257.8 million in Q1 2026, $237.6 million in Q4 2025, and $204.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.87 Bn | 7.22 Bn | - | - |
| 2 | Joby Aviation | 7.33 Bn | 7.33 Bn | 10.34 Mn | 299.52 Mn |
| 3 | Central North Airport | 4.97 Bn | 4.80 Bn | - | - |
| 4 | Corporacion America Airports | 3.82 Bn | 3.06 Bn | 198.55 Mn | -64.78 Mn |
| 5 | AerSale | 263.03 Mn | 252.97 Mn | - | - |
| 6 | Icts International N V | 224.60 Mn | 284.43 Mn | - | - |
| 7 | Wheels Up Experience | 174.90 Mn | 40.97 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | 86,736.00 |
| 9 | Volato | 2.33 Mn | 48,465.44 | 703,000.00 | 3.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 299.52 Mn |
| Mar 31, 2026 | 257.83 Mn |
| Dec 31, 2025 | 237.61 Mn |
| Sep 30, 2025 | 204.24 Mn |
| Jun 30, 2025 | 167.88 Mn |
| Mar 31, 2025 | 163.28 Mn |
| Dec 31, 2024 | 149.93 Mn |
| Sep 30, 2024 | 156.72 Mn |
| Jun 30, 2024 | 144.32 Mn |
| Mar 31, 2024 | 145.92 Mn |
| Dec 31, 2023 | 129.27 Mn |
| Sep 30, 2023 | 128.17 Mn |
| Jun 30, 2023 | 115.97 Mn |
| Mar 31, 2023 | 99.72 Mn |
| Dec 31, 2022 | 101.36 Mn |
| Sep 30, 2022 | 97.12 Mn |
| Jun 30, 2022 | 99.38 Mn |
| Mar 31, 2022 | 94.34 Mn |
| Dec 31, 2021 | 77.19 Mn |
| Sep 30, 2021 | 67.70 Mn |