UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ____________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission file number 001-39463 ____________________________ Joby Aviation, Inc. (Exact name of registrant ...

Financial Data and Key Metrics - Q4 2022 adjusted EBITDA was negative $77.6 million, $12.4 million higher than Q4 2021, reflecting increased operating expenses and nearly flat compared to Q3 2022 [7] - Net loss in Q4 2022 was $66.9 million or $0.11 per share, with operating expenses including $17.2 million in stock-based compensation and $6.6 million in depreciation and amortization [52] - Cash and short-term marketable securities totaled $1.1 billion at the end of Q4 2022, including a $60 million equity investment from Delta [53] - Net cash used in operating activities and capital expenditures is projected to be between $360 million to $380 million in 2023, reflecting continued hiring in priority areas [9] Business Line Data and Key Metrics - The company has made significant progress in manufacturing, with the first aircraft on the pilot production line nearing final assembly [4] - The team has grown by approximately 30% over the past year, with 90% of new hires supporting engineering and manufacturing initiatives [6] - The company is actively discussing potential locations for its Phase 1 manufacturing plant, with decisions expected in the first half of 2023 [8] Market Data and Key Metrics - The company is progressing towards FAA type certification, with Stage 3 completion at 93% and plans to submit all 13 area-specific certification plans in the first half of 2023 [44] - Discussions with the Department of Defense are ongoing, with expectations to begin on-base operations in 2024 [54] Company Strategy and Industry Competition - The company is transitioning from the definition phase to the implementation phase of type certification, focusing on producing conforming aircraft and conducting pilot-onboard flights [8] - The company is leveraging its vertically integrated strategy, with significant in-house testing capabilities and a focus on rapid iteration and learning [49][70] - The company is exploring opportunities for state incentives and government support to defray capital expenditures, as well as evaluating aircraft leasing structures [18] Management Commentary on Operating Environment and Future Outlook - Management expects 2023 to be a pivotal year, with significant progress in certification, manufacturing, and preparing for commercial operations [58] - The company is optimistic about its relationship with the FAA and the progress being made in certification, testing, and operations [20][62] - Management remains committed to delivering on its commitments to partners, including the Department of Defense and Delta [9] Other Important Information - The company has completed Stage 2 of the type certification process and is making progress on Stage 3, with a focus on testing and analysis [2][64] - The company has built significant in-house testing capabilities, including an integrated test lab that replicates all hardware and software systems used in the real aircraft [49] - The company is working on developing a quality management system that complies with FAA regulations, which will be critical for achieving production certification [50] Q&A Session Summary Question: Delta's $60 million equity investment and its usage [12] - The $60 million equity investment from Delta is unrestricted and can be used for operating expenses as needed [74] Question: Timeline for commercial service and potential delay to 2025 [15] - The decision to delay commercial service to 2025 was based on prudence and the need to ensure progress with the FAA, though 2024 remains a possibility [16] Question: Testing requirements for internally built parts [84] - Internally built parts do not create additional testing requirements, as the testing process is the same regardless of who executes it [22] Question: Production certification and its alignment with type certification [87] - The company is working on production certification in conjunction with type certification, using the first build to exercise and optimize its quality management system [25] Question: Battery strategy and safety features [27] - The company is pleased with the performance and safety features of its battery systems, which have demonstrated over 10,000 representative flight cycles in the lab [36] Question: FAA's proposed rule on air carrier definition and its impact on operations [19] - The proposed rule is seen as positive, as it aligns with the company's progress in certification and operations, and reflects the FAA's constructive engagement with the eVTOL industry [20] Question: Capital intensity and potential joint funding for the Phase 1 manufacturing plant [32] - The company is in discussions with multiple states and is encouraged by the engagement and incentive packages available, though no specifics were announced [24] Question: Progress on the Means of Compliance (MOC) and remaining small pieces [118] - The company expects to reach close to 100% completion on the MOC this year, with the remaining small pieces being inconsequential to the overall progress [129]

Fourth Quarter 2022 Highlights Certification Progress We hosted Acting FAA Administrator Billy Nolen and members of his team at our production facility where they were able to see our pilot manufacturing line and observe one of our regular test flights. At the end of the fourth quarter of 2022, we had $1.1 billion in cash and short-term investments, including Delta's upfront equity investment of $60 million received in the quarter. Net cash used in operating activities and purchases of property and equipmen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q _____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ____________ Commission File Number: 001-39524 _______________________________ ...

Joby Aviation, Inc. (NYSE:JOBY) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants JoeBen Bevirt - Founder, CEO, Chief Architect, President & Director Matthew Field - CFO & Treasurer Paul Sciarra - Executive Chairman Didier Papadopoulos - Head, Aircraft OEM Conference Call Participants Andres Sheppard - Cantor Fitzgerald David Zazula - Barclays Bank Edison Yu - Deutsche Bank William Peterson - JPMorgan Chase & Co. Operator Good afternoon, and thank you for holding. My name is ...

loby Shareholder Letter Q3 2022 Third Quarter 2022 Highlights Delta Partnership We announced a multi-year, multi-market commercial and operational partnership with Delta Air Lines, the world's leading airline. Delta also made an upfront equity investment of $60 million in Joby, with the opportunity to expand their total investment to $200 million. Certification Progress Acceptance of our Means of Compliance rose from 74% to 84% and our first equipment-level qualification plan was accepted by the FAA for the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q _____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ____________ Delaware 98-1548118 (State or other jurisdiction of incorporation or o ...

Joby Aviation, Inc. (NYSE:JOBY) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants JoeBen Bevirt - Founder, CEO, Chief Architect, President & Director Didier Papadopoulos - Head, Program Management & Systems Engineering Matthew Field - CFO & Treasurer Paul Sciarra - Executive Chairman Conference Call Participants Andres Sheppard - Cantor Fitzgerald & Co. David Zazula - Barclays Bank Savi Syth - Raymond James Kristine Liwag - Morgan Stanley William Peterson - JPMorgan Chase & Co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) Registrant's telephone number, including area code: (831) 426-3733 Securities registered pursuant to Section 12(b) of the Act: ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ____________ Commis ...

VJoby 11:00 :: Shareholder Letter Q1 2022 First Quarter 2022 Highlights Certification Progress Close to 80% of our means of compliance have now been accepted by the Federal Aviation Administration ("FAA"). Our first area specific certification plan ("ASCP") has been accepted by the FAA while two further ASCPs have been submitted for review. Revolutionary Acoustic Profile NASA testing confirmed the expected acoustic performance of our aircraft, following our participation in the Grand Challenge program last ...