Quick Answer
Joby Aviation, Inc. reported R&D Expense of $581.10 million for fiscal year 2025.
Joby Aviation, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $581.10M | +21.8% |
| 2024 | $477.16M | +30.0% |
| 2023 | $367.05M | +23.9% |
| 2022 | $296.28M | +50.0% |
| 2021 | $197.57M | +81.7% |
| 2020 | $108.74M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $149.16M | +18.3% | +9.4% |
| June 30, 2025 | $136.39M | +20.7% | +1.6% |
| March 31, 2025 | $134.29M | +16.1% | +6.5% |
| September 30, 2024 | $126.14M | +25.4% | +11.6% |
| June 30, 2024 | $113.00M | +27.2% | -2.3% |
| March 31, 2024 | $115.64M | +53.1% | +15.0% |
| September 30, 2023 | $100.56M | +36.1% | +13.2% |
| June 30, 2023 | $88.85M | +19.7% | +17.7% |
- Joby Aviation, Inc. showed an increase of +21.8% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Joby Aviation, Inc.’s r&d expense has grown by 434.4% (from $108.74 million to $581.10 million).
- The most recent figure is from Joby Aviation, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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