Joby Aviation annual r&d spending
2020
2021
2022
2023
2024
2025
Joby Aviation R&D Spending Growth & History (JOBY)
Joby Aviation's r&d spending was $581.1M for fiscal 2025.
View full Joby Aviation company overviewJoby Aviation annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $581.1M | $103.9M | +21.78% |
| 2024 | 2024-12-31 | $477.2M | $110.1M | +30.00% |
| 2023 | 2023-12-31 | $367.0M | $70.8M | +23.89% |
| 2022 | 2022-12-31 | $296.3M | $98.7M | +49.96% |
| 2021 | 2021-12-31 | $197.6M | $88.8M | +81.69% |
| 2020 | 2020-12-31 | $108.7M | — | — |
Joby Aviation quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $194.7M | $58.3M | +42.73% |
| Q1 2026 | 2026-03-31 | $177.5M | $43.2M | +32.16% |
| Q4 2025 | 2025-12-31 | $161.3M | $38.9M | +31.77% |
| Q3 2025 | 2025-09-30 | $149.2M | $23.0M | +18.25% |
| Q2 2025 | 2025-06-30 | $136.4M | $23.4M | +20.70% |
| Q1 2025 | 2025-03-31 | $134.3M | $18.7M | +16.13% |
| Q4 2024 | 2024-12-31 | $122.4M | $20.3M | +19.84% |
| Q3 2024 | 2024-09-30 | $126.1M | $25.6M | +25.44% |
| Q2 2024 | 2024-06-30 | $113.0M | $24.1M | +27.18% |
| Q1 2024 | 2024-03-31 | $115.6M | $40.1M | +53.12% |
| Q4 2023 | 2023-12-31 | $102.1M | $26.0M | +34.13% |
| Q3 2023 | 2023-09-30 | $100.6M | $26.7M | +36.13% |
| Q2 2023 | 2023-06-30 | $88.8M | $14.6M | +19.73% |
| Q1 2023 | 2023-03-31 | $75.5M | $3.4M | +4.78% |
| Q4 2022 | 2022-12-31 | $76.1M | $18.9M | +32.97% |
| Q3 2022 | 2022-09-30 | $73.9M | $21.8M | +41.81% |
| Q2 2022 | 2022-06-30 | $74.2M | $20.2M | +37.33% |
| Q1 2022 | 2022-03-31 | $72.1M | $37.9M | +110.83% |
| Q4 2021 | 2021-12-31 | $57.3M | — | — |
| Q3 2021 | 2021-09-30 | $52.1M | $21.4M | +69.61% |
| Q2 2021 | 2021-06-30 | $54.0M | — | — |
| Q1 2021 | 2021-03-31 | $34.2M | — | — |
| Q3 2020 | 2020-09-30 | $30.7M | — | — |
Joby Aviation r&d spending trends
Over the last five fiscal years, Joby Aviation's r&d spending increased from $108.7M to $581.1M, a change of $472.4M. The latest reported quarter, Q2 2026, shows $194.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Joby Aviation source filings ↗Community posts
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Joby begins Texas flight demonstrations and establishes a regional operating base
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