Joby Aviation, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
JOBY$5.92-4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $22,574 | $28 | $22,589 | $81 |
| Operating expenses: | ||||
| Cost of Revenue | 10,060 | 15 | 10,070 | 45 |
| Research and development (including related party purchases of $512 and $247 for the three months ended September 30, 2025 and 2024, respectively, $1,235 and $796 for the nine months ended September 30, 2025 and 2024, respectively.) | 149,163 | 126,139 | 419,837 | 354,771 |
| Selling, general and administrative (including related party purchases of $70 and $37 for the three months ended September 30, 2025 and 2024, respectively, $172 and $122 for the nine months ended September 30, 2025 and 2024, respectively.) | 45,018 | 30,569 | 105,497 | 92,144 |
| Total operating expenses | 204,241 | 156,723 | 535,404 | 446,960 |
| Loss from operations | (181,667) | (156,695) | (512,815) | (446,879) |
| Interest and other income, net | 9,673 | 9,528 | 29,420 | 33,038 |
| Loss on common stock issuance in private placement | — | — | (40,258) | — |
| Gain (Loss) from change in fair value of warrants and earnout shares | (229,149) | 3,842 | (284,424) | 52,683 |
| Total other income (loss), net | (219,476) | 13,370 | (295,262) | 85,721 |
| Loss before income taxes | (401,143) | (143,325) | (808,077) | (361,158) |
| Income tax expense | 83 | 553 | 229 | 599 |
| Net loss | $(401,226) | $(143,878) | $(808,306) | $(361,757) |
| Net loss per share, basic and diluted | $(0.48) | $(0.21) | $(1.01) | $(0.53) |
| Weighted-average common stock outstanding, basic and diluted | 844,551,006 | 695,011,457 | 803,188,296 | 688,718,075 |
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