Joby Aviation's third quarter 2026 revenue of $55M beat estimates while full-year outlook was raised 15%

Joby Aviation delivered a significant revenue beat for the third quarter of 2026, primarily driven by record passenger volumes in its Blade segment. The company maintains a robust liquidity position of $2.2 billion as it advances into the final stage of FAA type certification and expands its defense vertical through the planned acquisition of Resonant Sciences.

Key Highlights

• Quarterly revenue of $55.1 million significantly outperformed the $38.95 million analyst estimate, representing a substantial year-over-year increase from $22.6 million.
• Management raised full-year 2026 revenue guidance by 15% to a range of $135 million to $140 million, up from the previous $115 million to $125 million range.
• Blade segment performance reached record levels, flying over 44,000 passengers during the quarter with New York airport service volume growing 61% year-over-year.
• Certification progress advanced with the completion of "for credit" testing in the fifth and final FAA stage, including tests on the fuselage, tail, and tilt actuators.