Joby Aviation (JOBY) Research & Development (2020 - 2026)
Joby Aviation (JOBY) reported Research & Development of $194.66 million for Q2 2026, up 42.7% from $136.39 million a year earlier and up 9.7% from the prior quarter.
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Analysis
Joby Aviation (JOBY) Research & Development (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Joby Aviation's Research & Development came in at $682.56 million, up 31.5% year-over-year; for FY2025, it came in at $581.1 million, up 21.8% from FY2024.
- Research & Development has increased for five consecutive years, with a five-year compound annual growth rate of 39.8% (FY2020 to FY2025).
- By year, Research & Development came in at $477.16 million in FY2024 (+30.0%), $367.05 million in FY2023 (+23.9%), $296.28 million in FY2022 (+50.0%) and $197.57 million in FY2021 (+81.7%).
- The Q2 2026 figure ranks as the highest quarterly Research & Development in data going back to Q3 2020.
- Year over year, Research & Development has now increased in each of the last 20 quarters, with growth averaging 25.9% over the last eight quarters.
- The year-over-year growth in Research & Development has ranged between 4.8% (Q1 2023) and 110.8% (Q1 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $177.47 million (Q1 2026), $161.26 million (Q4 2025) and $149.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 524.00 Mn |
| 10 | Joby Aviation | 5.97 Bn | 5.97 Bn | - | 194.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 194.66 Mn |
| Mar 31, 2026 | 177.47 Mn |
| Dec 31, 2025 | 161.26 Mn |
| Sep 30, 2025 | 149.16 Mn |
| Jun 30, 2025 | 136.39 Mn |
| Mar 31, 2025 | 134.29 Mn |
| Dec 31, 2024 | 122.39 Mn |
| Sep 30, 2024 | 126.14 Mn |
| Jun 30, 2024 | 113.00 Mn |
| Mar 31, 2024 | 115.64 Mn |
| Dec 31, 2023 | 102.12 Mn |
| Sep 30, 2023 | 100.56 Mn |
| Jun 30, 2023 | 88.85 Mn |
| Mar 31, 2023 | 75.52 Mn |
| Dec 31, 2022 | 76.14 Mn |
| Sep 30, 2022 | 73.87 Mn |
| Jun 30, 2022 | 74.21 Mn |
| Mar 31, 2022 | 72.07 Mn |
| Dec 31, 2021 | 57.26 Mn |
| Sep 30, 2021 | 52.09 Mn |
API Access
Joby Aviation Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=JOBY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "JOBY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=JOBY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();