Aug. 6 at 8:11 PM
Joby Aviation shares climbed Thursday after the eVTOL maker reported stronger-than-expected Q2 2026 revenue and raised its full-year outlook. Revenue reached
$38.6 million, topping analysts' estimates of about
$28.7 million, while the company increased its 2026 revenue guidance to
$115 million-
$125 million from the previous
$105 million-
$115 million range.
Growth was driven by Joby's Blade passenger business, which generated
$36.2 million in revenue and posted its strongest second quarter on record, with seats sold rising more than 50% year over year. The company also confirmed its first flights under the federal eVTOL Integration Pilot Program (eIPP) are scheduled for September 2026 in Texas and announced a new 4,181-square-meter operating facility at Perot Field Fort Worth Alliance Airport, marking the first major eVTOL manufacturing presence in North Texas.
$JOBY