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

Joby Aviation has reported Operating Expenses over the past 5 years, most recently at $237.6 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 58.48% year-over-year to $237.6 million; the TTM value through Dec 2025 reached $773.0 million, up 29.51%, while the annual FY2025 figure was $773.0 million, 29.51% up from the prior year.
  • Operating Expenses for Q4 2025 was $237.6 million at Joby Aviation, up from $204.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $237.6 million in Q4 2025 and troughed at $45.8 million in Q1 2021.
  • A 5-year average of $124.7 million and a median of $122.1 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: soared 105.86% in 2022 and later increased 5.7% in 2023.
  • Year by year, Operating Expenses stood at $77.2 million in 2021, then surged by 31.31% to $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 skyrocketed by 58.48% to $237.6 million in 2025.
  • Business Quant data shows Operating Expenses for JOBY at $237.6 million in Q4 2025, $204.2 million in Q3 2025, and $167.9 million in Q2 2025.