JOBY
Earnings, but make it skyward
Joby Aviation dropped its first-quarter 2026 shareholder letter for the quarter ended March 31st, 2026, giving investors the usual mix of operational updates, financial results, and a fresh reminder that this is still a company trying to turn sci-fi into a marketable commute.
The company also said it will host a live audio webcast at 2:00 p.m. PT, which is corporate speak for: “we’ve got numbers, and now the CEO has to explain them in real time.” For a company like Joby, every quarterly update matters because the market is watching for signs of progress on certification, commercialization, and whether the cash burn is still behaving like a bonfire.
Why investors care
This isn’t just about whether Joby beat or missed some line item. The stock lives and dies on proof points — manufacturing progress, regulatory milestones, and whether the company keeps moving from concept art to actual aircraft in the wild.
A few things investors will be parsing closely:
- operational momentum in the quarter
- cash position and burn rate
- any updates on certification or commercialization timelines
- whether the company can keep the hype airborne without a hard landing
Big picture
Joby is still very much in the “show me” phase. If this quarter shows real execution, the stock can keep trading on future potential; if not, it’s another reminder that moonshots are exciting until you have to fund them.