Equity Profile

JOBY

Joby Aviation, Inc.

IndustrialsPassenger Airlines$9.4B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Joby Aviation, Inc. is a company in the industrial sector focused on developing electric vertical takeoff and landing (eVTOL) aircraft for passenger transportation....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

N/A

Revenue Growth

Investors will be looking for any signs of revenue growth as a measure of market acceptance and demand for Joby's services.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

JOBY Q2-2026 Earnings Preview

Context

Company Snapshot

Joby Aviation, Inc. is a company in the industrial sector focused on developing electric vertical takeoff and landing (eVTOL) aircraft for passenger transportation. As the demand for sustainable and innovative air travel solutions grows, Joby aims to revolutionize urban mobility and reduce congestion in cities.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-33.06%

Avg Stock Reaction

-0.41%

Last Quarter Recap

In Q1-2026, Joby reported an EPS of -$0.12, which was better than the expected -$0.21, marking a positive surprise of 41.75%. However, the stock fell by 2.03% the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Focus on advancing eVTOL technology.
Commitment to achieving operational milestones.
Plans to enhance partnerships and collaborations.

Expectations

Wall Street Expectations

Overall, expectations are cautious as Joby continues to navigate its path towards commercialization. Investors are eager to see if the company can maintain its momentum from the last quarter's surprise.

Bull Case

If Joby can demonstrate significant operational progress and improved financial metrics, it could signal strong demand and a successful launch of its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to provide clear updates on operational milestones or shows continued losses, it may lead to further skepticism about its business model and growth prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific operational milestones can Joby report on this quarter?

Clear updates on operational progress will be crucial for investor confidence and assessing the company's readiness for market entry.

How does Joby plan to address its ongoing financial losses?

Understanding the company's strategy for improving profitability will be key for investors concerned about its long-term viability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Joby to secure key partnerships that could accelerate its market entry, despite its current financial losses.

Supporting Evidence

Joby's recent operational advancements may not be fully reflected in current expectations.

The options market suggests a significant move, indicating that traders are anticipating major developments.

Insider selling may be viewed negatively, but it could also reflect confidence in the company's long-term strategy rather than immediate concerns.

Key Risk

If Joby announces significant partnerships or contracts that enhance its market position, it could shift investor sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's focus will be on Joby's ability to transition from development to operational execution, which is critical for its future growth.

Bull Confirmed If

Demonstrating a clear path to operational readiness with significant partnerships or contracts.

Bear Confirmed If

Continued losses without a clear strategy for improvement or operational delays.

Pre-Earnings Positioning

Options Market

Implied Move

±31.83%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect considerable volatility around the earnings announcement.

Options are pricing ±31.8% while JOBY has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

83.0%

Calls (5.8M)P/C Ratio: 0.29Puts (955K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.8%, with a raw directional average of +1.9% (modestly positive historical bias).

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$4.6M

511,284 sh

3 insiders

Net

$4.6M

Net selling

Most Active Insiders· 6 open-market trades

CEO and Chief ArchitectBevirt JoeBen
$4.2M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Joby beats expectations and raises guidance, history suggests the stock could see an average one-day move of +1.87%, confirming bullish sentiment.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may react moderately, reflecting uncertainty in future growth.

Miss

If the company misses expectations, history suggests a potential downside move of +0.31%, which could heighten concerns about its business model.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on operational milestones and timelines for service launch.
2Details on partnerships or collaborations that support growth.
3Any commentary on financial strategies to address ongoing losses.
4Insights into market demand for eVTOL services.
5Management's outlook on competitive landscape and positioning.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Joby Aviation, Inc. is a company in the industrial sector focused on developing electric vertical takeoff and landing (eVTOL) aircraft for passenger transportation....

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of the company's profitability and financial health, which investors will closely watch this quarter.

N/A

Revenue Growth

Investors will be looking for any signs of revenue growth as a measure of market acceptance and demand for Joby's services.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

JOBY Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-33.06%

Avg Stock Reaction

-0.41%

Last Quarter Recap

Management Promises & Guidance

Focus on advancing eVTOL technology.
Commitment to achieving operational milestones.
Plans to enhance partnerships and collaborations.

Expectations

Wall Street Expectations

Bull Case

If Joby can demonstrate significant operational progress and improved financial metrics, it could signal strong demand and a successful launch of its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to provide clear updates on operational milestones or shows continued losses, it may lead to further skepticism about its business model and growth prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What specific operational milestones can Joby report on this quarter?

Clear updates on operational progress will be crucial for investor confidence and assessing the company's readiness for market entry.

How does Joby plan to address its ongoing financial losses?

Understanding the company's strategy for improving profitability will be key for investors concerned about its long-term viability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Joby to secure key partnerships that could accelerate its market entry, despite its current financial losses.

Supporting Evidence

Joby's recent operational advancements may not be fully reflected in current expectations.

The options market suggests a significant move, indicating that traders are anticipating major developments.

Insider selling may be viewed negatively, but it could also reflect confidence in the company's long-term strategy rather than immediate concerns.

Key Risk

If Joby announces significant partnerships or contracts that enhance its market position, it could shift investor sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's focus will be on Joby's ability to transition from development to operational execution, which is critical for its future growth.

Bull Confirmed If

Demonstrating a clear path to operational readiness with significant partnerships or contracts.

Bear Confirmed If

Continued losses without a clear strategy for improvement or operational delays.

Pre-Earnings Positioning

Options Market

Implied Move

±31.83%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect considerable volatility around the earnings announcement.

Options are pricing ±31.8% while JOBY has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

83.0%

Calls (5.8M)P/C Ratio: 0.29Puts (955K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$4.6M

511,284 sh

3 insiders

Net

$4.6M

Net selling

Most Active Insiders· 6 open-market trades

CEO and Chief ArchitectBevirt JoeBen
$4.2M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Joby beats expectations and raises guidance, history suggests the stock could see an average one-day move of +1.87%, confirming bullish sentiment.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may react moderately, reflecting uncertainty in future growth.

Miss

If the company misses expectations, history suggests a potential downside move of +0.31%, which could heighten concerns about its business model.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on operational milestones and timelines for service launch.
2Details on partnerships or collaborations that support growth.
3Any commentary on financial strategies to address ongoing losses.
4Insights into market demand for eVTOL services.
5Management's outlook on competitive landscape and positioning.