Joby Aviation (JOBY) Q2 FY26 earnings call

Joby Aviation reported a strong Q2 FY26, driven by exceptional performance from its Blade passenger business, leading to a raised full-year revenue guidance. The company is making significant strides towards commercialization, with eIPP flights scheduled for Texas next month and a target to carry first passengers this year. Strategic partnerships with Atoms for infrastructure and a joint venture with Toyota for manufacturing are accelerating readiness, though increased investments in certification and production led to higher operating expenses and a wider net loss this quarter.