Joby Aviation, Inc. · NYSE:JOBY
Joby Aviation — Q2 2026 Earnings Presentation
17 slides from Joby Aviation's earnings presentation, Aug 5, 2026
Slide 1: Q2 2026 Shareholder Letter
JOBY AVIATION AUGUST 5, 2026 JOBYAVIATION.COM Q2 2026 Letter Shareholder
Slide 2: Highlights
Highlights First eIPP flights expected in September, targeting first passengers in 2026 Strongest quarterly progress yet in fifth and final stage of FAA type certification Five aircraft flying and 12 more in production; manufacturing ramp continues Joint venture with Toyota lays groundwork for strat
Slide 3: To our shareholders
To our shareholders: NEXT MONTH, in Texas, we intend to take one of our most important steps yet toward commercial service. Over the course of a week, our electric air taxi will fly routes across the Dallas-Fort Worth area, helping establish the routes and procedures needed for future commercial ope
Slide 4: eIPP Flights Expected to Begin Next Month
eIPP Flights Expected to Begin Next Month EARLIER THIS YEAR, JOBY WAS SELECTED as a landing flights across the Dallas-Fort Worth area that lay partner in multiple successful applications under the the groundwork for future commercial operations. White House-backed Electric Vertical Takeoff and Landi
Slide 5: Building the Infrastructure for Commercial Operations
Building the Infrastructure for Commercial Operations THE INFRASTRUCTURE required to support percent, committing millions of dollars to activate new commercial air taxi operations is rapidly taking shape sites statewide, while Orlando is moving forward with across our launch markets. In the U.S., we
Slide 6: Preparing for Customer Operations
Preparing for Customer Operations AS WE PREPARE FOR CUSTOMER OPERATIONS That same focus on pairing operating capability using Joby aircraft, we continue to build on the with established customer channels underpins our experience and capabilities of our Blade business. partnership with Virgin Atlanti
Slide 7: Advancing Certification and Ramping Production
Advancing Certification and Ramping Production WE CONTINUE TO MAKE IMPORTANT PROGRESS with us on aviation-level quality, and its engineers now on certification and production as we look ahead to work with ours every day on topics such as factory the opportunities presented by the eIPP program and pl
Slide 8: 2026 Electric Skies Tour
AS WE PREPARE FOR COMMERCIAL OPERATIONS, our 2026 Electric Skies Tour is bringing Joby to communities across the United States, in celebration of 250 years of American innovation. Through flight demonstrations, aircraft displays and simulator experiences at major events, the tour is giving future cu
Slide 9: Financial Updates
Financial Updates Q2 2026 Shareholder Letter Aug 5, 2026 Joby Aviation 9
Slide 10: Second Quarter 2026 Financial Summary
Second Quarter 2026 Financial Summary IN THE SECOND QUARTER OF 2026, revenue totaled Adjusted EBITDA in the second quarter of 2026 was $38.6 million. Our net loss of $245.4 million primarily a loss of $197 million, primarily reflecting employee reflected a net operating loss of $260.9 million and co
Slide 11: Condensed Statement of Operations
CondensedStatement Condensed Statement of Operations Operations JOBY AVIATION, INC. AND SUBSIDIARIES JOBY AVIATION, Unaudited INC. AND (in thousands, SUBSIDIARIES except share and per share data) Unaudited (in thousands, except share and per share data) Three Months Ended Six Months Ended June 30, J
Slide 12: Condensed Balance Sheets
Condensed Condensed Balance BalanceSheets Sheets JOBY AVIATION, INC. ANDAND SUBSIDIARIES Unaudited (in thousands) Unaudited (in thousands) June 30, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $ 629,861 $ 240,810 Short-term investments 1,633,965 1,167,106 Total cash, cash
Slide 13: Condensed Statement of Cash Flows
CondensedStatement Condensed Statement CashFlows of Cash Flows JOBY AVIATION, INC. ANDAND SUBSIDIARIES SUBSIDIARIES Unaudited Unaudited (in (inthousands) thousands) Six months ended June 30, 2026 2025 Cash flows from operating activities Net loss $ (355,393) $ (407,080) Reconciliation of net loss to
Slide 14: Non-GAAP Financial Measures
Non-GAAP Non-GAAP Financial FinancialMeasures Measures JOBY AVIATION, INC. JOBY AVIATION, AND SUBSIDIARIES INC. AND SUBSIDIARIES Unaudited (in thousands) Unaudited (in thousands) ADJUSTEDEBITDA ADJUSTED EBITDAisisaanon-GAAP non-GAAPmeasuremeasureof ofoperating aprovides useful measure investors fora
Slide 15: Webcast Details and Upcoming Events
Webcast Details SECOND QUARTER 2026 FINANCIAL RESULTS WEBCAST The Company will host a webcast and conference call at 5:00pm ET (2:00pm PT) on August 5, 2026. The webcast will be publicly available in the Financial Results section of the company’s investor website: ir.jobyaviation.com. Upcoming Event
Slide 16: Forward-Looking Statements
Forward-Looking Statements THIS SHAREHOLDER LETTER contains “forward- or other events. All forward-looking statements are looking statements” within the meaning of the subject to risks and uncertainties that may cause actual “safe harbor” provisions of the Private Securities results to differ materi
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