Jest sets the env variable to test, so I had to add my presets to the env setting in .babelrc:
{
"plugins": ["syntax-dynamic-import", "transform-runtime"],
"presets": [
[
"es2015",
{
"modules": false
}
],
"react",
"stage-0"
],
"env": {
"start": {
"presets": [
"react-hmre"
]
},
"test": {
"presets": ["es2015", "react", "stage-0"]
}
}
}