JOBY — what changed in the latest 10-Q
A section-by-section comparison of JOBY's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-06 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +18 | −9 | ~30 | 30 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 5 |
| Legal proceedings | Text added/removed | +1 | −1 | ~1 | 1 |
| Risk factors | Text added/removed | 0 | −7 | ~1 | 0 |
| Other information | Text added/removed | +7 | −1 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-06
Revenue from the Blade passenger business typically peaks during the second and third quarters of each fiscal year due to the busy summer travel season, and experiences lower volume during the first and fourth quarters.
Passenger revenue primarily includes revenue generated from the transportation of passengers via helicopter or fixed-wing aircraft, booked through Blade. Flights are typically booked through Blade associates, the Blade app, or third-party channels and paid for principally via credit card transaction…
which were fully exercised on August 11, 2025 as described in Note 8 in our annual report on Form 10-K for the year ended December 31, 2025.
On August 29, 2025, the Company completed the acquisition of 100% of the outstanding equity of Blade Urban Air Mobility, Inc., a wholly owned subsidiary of Strata Critical Medical, Inc., f/k/a Blade Air Mobility, Inc. Blade operates a technology-powered, global urban air mobility platform through wh…
Total other income (loss), net increased by $172.3 million, or 110%, to a gain of $15.6 million during the three months ended June 30, 2026 from a loss of $156.7 million during the three months ended June 30, 2025. The increase was driven primarily by a $122.9 million favorable change in the fair va…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Passenger revenue primarily includes revenue generated from the transportation of passengers via helicopter or fixed wing aircraft, booked through Blade. Flights are typically booked through Blade associates, the Blade app, or third-party channels and paid for principally via credit card transaction…
payments are typically collected at the time of booking before the performance of the related service, and revenue is recognized when the service is completed.
On August 29, 2025, the Company completed the acquisition of 100% of the outstanding equity of Blade Urban Air Mobility, Inc., a wholly owned subsidiary of Strata Critical Medical, Inc, f/k/a Blade Air Mobility, Inc. (“Seller”). Blade Urban Air Mobility, Inc. and its subsidiaries (“Blade”) operate a…
access and infrastructure across key urban corridors in New York City and Southern Europe and allow the Company to combine its best-in-class technology with Blade’s experience of delivering premium customer transportation at scale.
Total other income, net increased by $42.9 million, or 53%, to $123.8 million income, net during the three months ended March 31, 2026 from total other income, net of $80.9 million during the three months ended March 31, 2025. The increase was primarily driven by a $35.0 million change in fair value…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-06
On March 10, 2026, Archer filed a Section 337 complaint with the U.S. International Trade Commission (ITC) seeking an Exclusion Order to block Joby from importing electric aircraft, power systems, and related components into the United States that allegedly infringe 5 Archer patents. The ITC institu…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
On March 10, 2026, Archer filed a Section 337 complaint with the U.S. International Trade Commission (ITC) seeking an Exclusion Order to block Joby from importing electric aircraft, power systems, and related components into the United States that allegedly infringe 5 Archer patents. We intend to ag…
Risk factors
Text removed vs the prior filing · source: 10-Q · 2026-05-06
In addition to the other information set forth in this Form 10-Q, including in the Forward-Looking Statements, MD&A, and the Consolidated Condensed Financial Statements and accompanying notes, we have provided an additional risk factor below regarding uncertainties surrounding global trade policies …
Current and future litigation may have an adverse impact on our business.
We are currently involved in litigation, as described above in Part II, Item 1 “Legal Proceedings.” Even if we ultimately prevail on the merits, litigation can be costly, time consuming, and can divert management’s attention from other priorities. If the counterparties to such litigation prevail on …
We currently have subsidiaries located outside of the United States and plans for international operations in the future, which could subject us to political, operational and regulatory challenges.
While our primary operations are in the United States, we have established relationships with subsidiaries, suppliers, and potential partners in select international markets. In addition, we currently have subsidiaries engaged in limited test manufacturing, R&D and other activities in foreign countr…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-06
On May 14, 2026, Paul Sciarra, Chairman of the Company’s Board of Directors, adopted a trading plan intended to satisfy Rule 10b5-1(c) to sell, subject to certain conditions, up to 1,875,000 shares of Company’s common stock held by Sciarra Asset Management, beginning August 13, 2026 and ending Febru…
On May 15, 2026, Bonny Simi, the Company’s President of Operations, adopted a trading plan intended to satisfy Rule 10b5-1(c) of the Exchange Act to sell, subject to certain conditions, up to 320,934 shares of Company’s common stock
beginning August 14, 2026 and ending January 29, 2027. This includes the exercise and sale of up to 264,976 shares of Company’s common stock pursuant to stock options held by Ms. Simi.
On May 19, 2026, Greg Bowles, the Company’s Chief Policy Officer, adopted a trading plan intended to satisfy Rule 10b5-1(c) of the Exchange Act to sell, subject to certain conditions, up to 164,686 shares of Company’s common stock
beginning September 19, 2026 and ending September 24, 2027. This includes the exercise and sale of up to 12,966 shares of Company’s common stock pursuant to stock options held by Mr. Bowles and also includes up to 151,720 shares to be issued upon the vesting of RSUs granted to Mr. Bowles. The actual…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
On March 5, 2026, JoeBen Bevirt, the Company’s President and Chief Executive Officer, adopted a trading plan intended to satisfy Rule 10b5-1(c) of the Exchange Act to sell, subject to certain conditions, up to 99,000 shares of Company common stock held by Mr. Bevirt and up to 2,122,019 shares of Com…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice