ACHR revenueQ2 2026$5.00M
- QoQ
- +212.5%
ACHR revenue was $5.00M in fiscal Q2 2026 (ended Jun 30, 2026), compared with $0 a year earlier and up 212.5% from the prior quarter. For the full fiscal 2025 it was $300.0K, compared with $0 in fiscal 2024.
Archer Aviation Inc. (ACHR) financials
For fiscal 2025 (ended Dec 31, 2025), Archer Aviation Inc. reported $300.0K of revenue and -$618.20M of net income.
- Revenue, FY2025
- $300.0K
- Net income, FY2025
- -$618.20M
- Net margin
- -206066.7%
- Free cash flow, FY2025
- -$511.70M
- EPS, diluted, FY2025
- -$0.99
- Cash
- $852.70M
- Total debt
- $80.10M
- P/S
- 10039.88
- Market cap
- $3.01B
FY2023FY2025
FY2020FY2025
FY2020FY2025
ACHR revenue and earnings growth
ACHR net incomeQ2 2026-$263.20M
ACHR net income was -$263.20M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$206.00M a year earlier. For the full fiscal 2025 it was -$618.20M, compared with -$536.80M in fiscal 2024.
ACHR EPSQ2 2026-$0.34
ACHR diluted EPS was -$0.34 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.36 a year earlier. For the full fiscal 2025 it was -$0.99.
ACHR free cash flowQ2 2026-$193.50M
ACHR free cash flow was -$193.50M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$122.30M a year earlier. For the full fiscal 2025 it was -$511.70M, compared with -$450.60M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | $300.0K | $0 | $0 | - | - | - |
| Cost of revenue | $200.0K | $0 | $0 | - | - | - |
| Gross profit | $100.0K | $0 | $0 | - | - | - |
| Research and development | $493.90M | $357.70M | $276.40M | $171.50M | $64.30M | $21.10M |
| Selling, general and admin | - | - | $168.40M | $165.10M | $176.70M | $3.50M |
| Operating income | -$729.30M | -$509.70M | -$446.90M | -$347.40M | -$358.30M | -$24.60M |
| Interest expense | - | - | - | - | $1.00M | $200.0K |
| Pre-tax income | -$617.90M | -$536.60M | -$457.40M | -$317.30M | -$347.80M | -$24.80M |
| Income tax | $300.0K | $200.0K | $500.0K | $0 | $0 | - |
| Net income | -$618.20M | -$536.80M | -$457.90M | -$317.30M | -$347.80M | -$24.80M |
| EPS, basic | -$0.99 | -$1.42 | -$1.69 | -$1.32 | -$3.14 | -$0.49 |
| EPS, diluted | -$0.99 | -$1.42 | -$1.69 | -$1.32 | -$3.14 | -$0.49 |
| Diluted shares | 624.3M | 376.7M | 270.4M | 240.5M | 110.8M | 50.2M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $1.02B | $841.30M | $471.50M | $72.30M | $746.90M | $36.60M |
| Short-term investments | - | $0 | $0 | - | - | - |
| Current assets | $2.08B | $858.40M | $480.20M | $545.50M | $754.80M | $37.40M |
| Goodwill | $100.0K | $0 | - | - | - | - |
| Total assets | $2.47B | $1.00B | $554.30M | $573.80M | $768.40M | $41.80M |
| Current liabilities | $104.40M | $71.10M | $114.00M | $53.30M | $28.30M | $3.80M |
| Short-term debt | $800.0K | $0 | $0 | $9.30M | $9.50M | $600.0K |
| Long-term debt | $79.50M | $64.00M | $7.20M | $0 | $9.30M | $300.0K |
| Total debt | $80.30M | $64.00M | $7.20M | $9.30M | $18.80M | $900.0K |
| Total liabilities | $263.10M | $248.60M | $187.20M | $80.50M | $69.50M | $5.90M |
| Shareholders' equity | $2.20B | $752.60M | $367.10M | $493.30M | $698.90M | $35.90M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$432.90M | -$368.60M | -$271.60M | -$200.40M | -$108.40M | -$22.80M |
| Capital expenditures | $78.80M | $82.00M | $44.30M | $6.90M | $3.50M | $1.40M |
| Free cash flow | -$511.70M | -$450.60M | -$315.90M | -$207.30M | -$111.90M | -$24.20M |
| Investing cash flow | -$1.18B | -$82.00M | $420.70M | -$464.30M | -$3.50M | -$1.90M |
| Financing cash flow | $1.80B | $820.40M | $250.10M | -$9.90M | $822.20M | $51.20M |
| Stock-based compensation | $223.50M | $108.80M | $45.20M | $102.80M | $123.60M | $200.0K |
| Depreciation and amortization | $20.00M | $11.70M | $6.50M | $3.10M | - | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Gross margin | 33.3% | - | - | - | - | - |
| Operating margin | -243100.0% | - | - | - | - | - |
| Net margin | -206066.7% | - | - | - | - | - |
| Free cash flow margin | -170566.7% | - | - | - | - | - |
| Return on equity | -28.1% | -71.3% | -124.7% | -64.3% | -49.8% | -69.1% |
| Return on assets | -25.1% | -53.6% | -82.6% | -55.3% | -45.3% | -59.3% |
| Current ratio | 19.89 | 12.07 | 4.21 | 10.23 | 26.67 | 9.84 |
| Debt to equity | 0.04 | 0.09 | 0.02 | 0.02 | 0.03 | 0.03 |
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.00M | $1.60M | - | - | $0 | $0 | - | - | - | - | - | - |
| Research and development | $186.00M | $171.70M | $147.10M | $120.70M | $122.40M | $103.70M | $94.60M | $89.80M | $89.80M | $83.50M | $79.50M | $67.80M |
| Selling, general and admin | - | - | - | - | - | $40.30M | - | - | - | $58.70M | - | - |
| Operating income | -$279.20M | -$254.60M | -$234.40M | -$174.80M | -$176.10M | -$144.00M | -$124.20M | -$122.10M | -$121.20M | -$142.20M | -$107.30M | -$46.20M |
| Pre-tax income | -$263.20M | -$217.60M | -$188.90M | -$129.80M | -$205.90M | -$93.30M | -$198.30M | -$115.20M | -$106.80M | -$116.30M | -$108.90M | -$51.50M |
| Income tax | $0 | $100.0K | $0 | $100.0K | $100.0K | $100.0K | -$200.0K | $100.0K | $100.0K | $200.0K | $200.0K | $100.0K |
| Net income | -$263.20M | -$217.70M | -$188.90M | -$129.90M | -$206.00M | -$93.40M | -$198.10M | -$115.30M | -$106.90M | -$116.50M | -$109.10M | -$51.60M |
| EPS, basic | -$0.34 | -$0.28 | -$0.26 | -$0.20 | -$0.36 | -$0.17 | -$0.45 | -$0.29 | -$0.32 | -$0.36 | -$0.31 | -$0.19 |
| EPS, diluted | -$0.34 | -$0.28 | -$0.26 | -$0.20 | -$0.36 | -$0.17 | -$0.45 | -$0.29 | -$0.32 | -$0.36 | -$0.31 | -$0.19 |
| Diluted shares | 781.7M | 766.9M | - | 660.9M | 579.2M | 540.4M | - | 397.5M | 334.1M | 320.3M | - | 277.7M |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $852.70M | $951.10M | $1.02B | $595.50M | $1.73B | $1.04B | $841.30M | $508.40M | $367.10M | $412.50M | $471.50M | $468.70M |
| Short-term investments | - | - | - | - | - | - | $0 | $0 | $0 | $0 | $0 | - |
| Current assets | $1.65B | $1.90B | $2.08B | $1.69B | $1.76B | $1.06B | $858.40M | $523.00M | $375.00M | $422.00M | $480.20M | $475.70M |
| Goodwill | $80.50M | $2.40M | $100.0K | - | - | - | $0 | - | - | - | - | - |
| Total assets | $2.21B | $2.32B | $2.47B | $1.90B | $1.94B | $1.21B | $1.00B | $651.50M | $484.00M | $510.90M | $554.30M | $539.60M |
| Current liabilities | $161.30M | $105.20M | $104.40M | $93.00M | $78.80M | $67.40M | $71.10M | $86.70M | $83.60M | $70.20M | $114.00M | $117.00M |
| Short-term debt | $2.10M | $1.40M | $800.0K | - | - | $0 | $0 | $0 | $0 | $0 | $0 | $2.30M |
| Long-term debt | $78.00M | $78.80M | $79.50M | - | - | $64.10M | $64.00M | $64.00M | $32.70M | $18.10M | $7.20M | $0 |
| Total debt | $80.10M | $80.20M | $80.30M | - | - | $64.10M | $64.00M | $64.00M | $32.70M | $18.10M | $7.20M | $2.30M |
| Total liabilities | $298.70M | $243.40M | $263.10M | $245.30M | $257.40M | $203.30M | $248.60M | $183.80M | $150.00M | $131.70M | $187.20M | $175.10M |
| Shareholders' equity | $1.89B | $2.08B | $2.20B | $1.65B | $1.68B | $1.01B | $752.60M | $467.70M | $334.00M | $379.20M | $367.10M | $364.50M |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$156.40M | -$149.10M | -$129.30M | -$105.60M | -$103.40M | -$94.60M | -$104.40M | -$97.20M | -$80.50M | -$86.50M | -$84.00M | -$66.80M |
| Capital expenditures | $37.10M | $32.60M | $29.60M | $20.30M | $18.90M | $10.00M | $24.20M | $19.60M | $20.90M | $17.30M | $9.00M | $15.80M |
| Free cash flow | -$193.50M | -$181.70M | -$158.90M | -$125.90M | -$122.30M | -$104.60M | -$128.60M | -$116.80M | -$101.40M | -$103.80M | -$93.00M | -$82.60M |
| Investing cash flow | $52.90M | $78.70M | -$73.40M | -$1.07B | -$24.10M | -$10.00M | -$24.20M | -$19.60M | -$20.90M | -$17.30M | -$9.00M | -$15.80M |
| Financing cash flow | $5.10M | $0 | $628.70M | $46.40M | $821.10M | $300.20M | $461.50M | $258.10M | $56.00M | $44.80M | $95.80M | $136.50M |
| Stock-based compensation | $85.60M | $70.40M | $88.90M | $52.80M | $51.80M | $30.10M | $23.90M | $21.40M | $22.80M | $40.70M | $20.40M | -$27.40M |
| Depreciation and amortization | $10.10M | $7.80M | $6.00M | $5.10M | $4.80M | $4.10M | $3.50M | $3.30M | $2.70M | $2.30M | - | - |
Key ratios
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -5584.0% | -15912.5% | - | - | - | - | - | - | - | - | - | - |
| Net margin | -5264.0% | -13606.3% | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | -3870.0% | -11356.3% | - | - | - | - | - | - | - | - | - | - |
| Current ratio | 10.21 | 18.06 | 19.89 | 18.19 | 22.30 | 15.80 | 12.07 | 6.03 | 4.49 | 6.01 | 4.21 | 4.07 |
| Debt to equity | 0.04 | 0.04 | 0.04 | - | - | 0.06 | 0.09 | 0.14 | 0.10 | 0.05 | 0.02 | 0.01 |
Source: XBRL data Archer Aviation Inc. files with the SEC, latest filing dated Aug 10, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
ACHR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ACHR | $300.0K | - | -$618.20M | -206066.7% | $3.01B |
| RTX | $95.99B | +11.6% | $8.40B | 8.8% | $258.93B |
| BA | $94.91B | +17.5% | $7.66B | 8.1% | $136.70B |
| HON | $33.61B | +3.9% | $7.05B | 21.0% | $68.48B |
| HEI | $5.18B | +20.7% | $847.72M | 16.4% | $45.75B |
| PAC | MXN 41.41B | +23.2% | MXN 9.57B | 23.1% | $14.63B |
| TXT | $15.45B | +8.5% | $973.00M | 6.3% | $14.44B |
| EMBJ | $7.58B | +18.5% | $351.90M | 4.6% | $13.41B |
ACHR FAQ
8 questionsWhat is ACHR revenue?
Archer Aviation Inc. (ACHR) reported $300.0K of revenue for fiscal 2025 (ended Dec 31, 2025).Is ACHR profitable?
No. Archer Aviation Inc. reported a net loss of $618.20M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does ACHR have?
Archer Aviation Inc. reported $852.70M in cash and cash equivalents and $80.10M of debt on its most recent balance sheet in SEC filings.What is ACHR gross margin?
Archer Aviation Inc.'s gross profit was $100.0K on $300.0K of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 33.3%.What is ACHR free cash flow?
Archer Aviation Inc. generated -$511.70M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$432.90M less capital expenditures.What is ACHR earnings per share?
Diluted earnings per share were -$0.99 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did ACHR last report financial results?
The latest statements here come from Archer Aviation Inc.'s 10-Q filed on Aug 10, 2026, covering the period ended Jun 30, 2026.Where does this ACHR financial data come from?
Quantisnow builds these statements from the structured XBRL data Archer Aviation Inc. files with the SEC. It is provided for information only and is not investment advice.