NYSE : ACHR
Archer Aviation Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 4.38 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.37B
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Financial statements
Archer Aviation Inc. (ACHR) reported revenue of 6.90M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.90M | 300.00K | ||||
| Cost of Revenue | 5.90M | 300.00K | ||||
| Selling, General & Admin | 310.10M | 235.40M | 152.00M | 168.40M | 165.10M | 176.70M |
| Research & Development | 625.50M | 493.90M | 357.70M | 276.40M | 171.50M | 64.30M |
| Operating Expenses | 935.60M | 729.30M | 509.70M | 444.80M | 336.60M | 241.00M |
| Operating Income | -934.60M | -729.30M | -509.70M | -444.80M | -336.60M | -241.00M |
| Interest Expense | -4.50M | -4.20M | -100.00K | -2.00M | -1.10M | |
| Interest & Investment Income | 69.00M | 57.00M | 22.00M | 16.40M | 4.30M | 100.00K |
| Other Non Operating Income (Expenses) | 79.00M | 58.60M | -48.80M | -29.00M | 17.00M | -106.70M |
| EBT Excluding Unusual Items | -791.10M | -617.90M | -536.60M | -457.40M | -317.30M | -348.70M |
| Other Unusual Items | -6.00M | 900.00K | ||||
| Pretax Income | -799.50M | -617.90M | -536.60M | -457.40M | -317.30M | -347.80M |
| Income Tax Expense | 200.00K | 300.00K | 200.00K | 500.00K | ||
| Net Income | -799.70M | -618.20M | -536.80M | -457.90M | -317.30M | -347.80M |
| Net Income to Common | -799.70M | -618.20M | -536.80M | -457.90M | -317.30M | -347.80M |
| Shares Outstanding (Basic) | 731.51M | 624.31M | 376.73M | 270.41M | 240.48M | 110.84M |
| Shares Outstanding (Diluted) | 731.51M | 624.31M | 376.73M | 270.41M | 240.48M | 110.84M |
| EPS (Basic) | -1.09 | -0.99 | -1.42 | -1.69 | -1.32 | -3.14 |
| EPS (Diluted) | -1.09 | -0.99 | -1.42 | -1.69 | -1.32 | -3.14 |
| Free Cash Flow | -660.00M | -511.70M | -450.60M | -315.90M | -207.30M | -111.90M |
| Free Cash Flow Per Share | -0.90 | -0.82 | -1.20 | -1.17 | -0.86 | -1.01 |
| Operating Margin | -13,544.93% | -243,100.00% | ||||
| Profit Margin | -11,589.85% | -206,066.67% | ||||
| Free Cash Flow Margin | -9,565.22% | -170,566.67% | ||||
| EBITDA | -905.80M | -709.30M | -498.00M | -438.30M | -332.20M | -239.70M |
| D&A For EBITDA | 28.80M | 20.00M | 11.70M | 6.50M | 4.40M | 1.30M |
| EBIT | -934.60M | -729.30M | -509.70M | -444.80M | -336.60M | -241.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 852.70M | 1.02B | 834.50M | 464.60M | 69.40M | 746.60M |
| Short-Term Investments | 707.90M | 943.20M | 461.80M | |||
| Cash & Short-Term Investments | 1.56B | 1.96B | 834.50M | 464.60M | 531.20M | 746.60M |
| Other Receivables | 6.70M | |||||
| Receivables | 6.70M | |||||
| Prepaid Expenses | 55.70M | 47.30M | 12.50M | 7.90M | 9.80M | 7.60M |
| Restricted Cash | 7.30M | 7.30M | 6.80M | 6.90M | 2.90M | 300.00K |
| Other Current Assets | 23.70M | 50.10M | 4.60M | 800.00K | 1.60M | 300.00K |
| Total Current Assets | 1.65B | 2.08B | 858.40M | 480.20M | 545.50M | 754.80M |
| Property, Plant & Equipment | 370.50M | 294.40M | 134.90M | 66.50M | 23.40M | 10.40M |
| Goodwill | 80.50M | 100.00K | ||||
| Other Intangible Assets | 94.50M | 80.20M | 300.00K | 400.00K | 400.00K | 500.00K |
| Long-Term Deferred Charges | 5.30M | 5.90M | 6.40M | 3.70M | ||
| Other Long-Term Assets | 21.50M | 9.80M | 1.70M | 800.00K | 800.00K | 2.70M |
| Total Assets | 2.21B | 2.47B | 1.00B | 554.30M | 573.80M | 768.40M |
| Accounts Payable | 32.10M | 30.20M | 14.60M | 14.30M | 3.60M | 3.40M |
| Accrued Expenses | 83.30M | 57.60M | 41.20M | 38.30M | 30.40M | 10.70M |
| Current Portion of Long-Term Debt | 2.10M | 800.00K | 9.30M | 9.50M | ||
| Current Portion of Leases | 6.80M | 5.30M | 3.70M | 2.80M | 3.70M | 3.10M |
| Current Income Taxes Payable | 1.40M | 300.00K | 600.00K | |||
| Current Unearned Revenue | 1.30M | 1.30M | 900.00K | |||
| Other Current Liabilities | 35.70M | 9.20M | 10.70M | 57.20M | 6.00M | 1.00M |
| Total Current Liabilities | 161.30M | 104.40M | 71.10M | 114.00M | 53.30M | 28.30M |
| Long-Term Debt | 78.00M | 79.50M | 64.00M | 7.20M | 9.30M | |
| Long-Term Leases | 38.70M | 36.30M | 11.30M | 13.20M | 9.20M | 1.20M |
| Long-Term Unearned Revenue | 10.00M | 10.00M | 11.80M | 10.80M | 10.00M | |
| Other Long-Term Liabilities | 10.70M | 32.90M | 90.40M | 42.00M | 8.00M | 30.70M |
| Total Liabilities | 298.70M | 263.10M | 248.60M | 187.20M | 80.50M | 69.50M |
| Common Stock | 100.00K | 100.00K | 100.00K | |||
| Additional Paid-In Capital | 4.68B | 4.51B | 2.44B | 1.52B | 1.19B | 1.07B |
| Retained Earnings | -2.78B | -2.30B | -1.69B | -1.15B | -690.90M | -373.60M |
| Comprehensive Income & Other | -3.60M | -1.40M | -300.00K | -800.00K | ||
| Total Common Equity | 1.89B | 2.20B | 752.60M | 367.10M | 493.30M | 698.90M |
| Shareholders' Equity | 1.92B | 2.20B | 752.60M | 367.10M | 493.30M | 698.90M |
| Total Liabilities & Equity | 2.21B | 2.47B | 1.00B | 554.30M | 573.80M | 768.40M |
| Total Debt | 125.60M | 121.90M | 79.00M | 23.20M | 22.20M | 23.10M |
| Net Cash (Debt) | 1.44B | 1.84B | 755.50M | 441.40M | 509.00M | 723.50M |
| Net Cash Per Share | 1.96 | 2.95 | 2.01 | 1.63 | 2.12 | 6.53 |
| Filing Date Shares Outstanding | 770.02M | 744.54M | 542.47M | 310.57M | 247.36M | 234.96M |
| Total Common Shares Outstanding | 770.01M | 744.05M | 503.78M | 303.78M | 241.64M | 237.73M |
| Working Capital | 1.49B | 1.97B | 787.30M | 366.20M | 492.20M | 726.50M |
| Book Value Per Share | 2.46 | 2.96 | 1.49 | 1.21 | 2.04 | 2.94 |
| Tangible Book Value | 1.72B | 2.12B | 752.30M | 366.70M | 492.90M | 698.40M |
| Tangible Book Value Per Share | 2.23 | 2.85 | 1.49 | 1.21 | 2.04 | 2.94 |
| Buildings | 122.00M | 118.40M | 64.40M | |||
| Machinery | 107.80M | 59.80M | 33.30M | 13.30M | 6.00M | 5.30M |
| Construction In Progress | 91.00M | 60.00M | 13.30M | 18.40M | 4.80M | |
| Leasehold Improvements | 54.60M | 50.70M | 34.20M | 33.00M | 2.90M | 1.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -799.70M | -618.20M | -536.80M | -457.90M | -317.30M | -347.80M |
| Depreciation & Amortization | 28.80M | 20.00M | 11.70M | 6.50M | 4.40M | 1.30M |
| Other Amortization | 300.00K | 100.00K | 700.00K | 500.00K | 200.00K | |
| Asset Writedown & Restructuring Costs | 1.70M | 3.30M | 8.10M | 17.50M | 2.90M | 7.00M |
| Loss (Gain) From Sale of Investments | 3.60M | 600.00K | -2.30M | -4.90M | ||
| Stock-Based Compensation | 297.60M | 223.50M | 108.80M | 45.20M | 102.80M | 123.60M |
| Other Operating Activities | -76.60M | -55.00M | 56.80M | 105.50M | -8.00M | 107.70M |
| Change in Accounts Payable | 4.30M | 8.80M | -100.00K | 9.20M | -100.00K | -800.00K |
| Change in Other Net Operating Assets | -1.00M | -16.00M | -17.10M | 4.00M | 19.30M | 400.00K |
| Operating Cash Flow | -540.40M | -432.90M | -368.60M | -271.60M | -200.40M | -108.40M |
| Capital Expenditures | -119.60M | -78.80M | -82.00M | -44.30M | -6.90M | -3.50M |
| Cash Acquisitions | -154.60M | -125.90M | ||||
| Sale (Purchase) of Intangibles | -21.00M | -26.20M | ||||
| Investment in Securities | -715.10M | -945.10M | 465.00M | -457.40M | ||
| Investing Cash Flow | -1.01B | -1.18B | -82.00M | 420.70M | -464.30M | -3.50M |
| Long-Term Debt Issued | 57.50M | 7.50M | 20.00M | |||
| Long-Term Debt Repaid | -10.00M | -10.00M | ||||
| Net Debt Issued (Repaid) | -200.00K | 57.50M | -2.50M | -10.00M | 20.00M | |
| Issuance of Common Stock | 705.20M | 1.87B | 788.20M | 263.60M | 100.00K | 600.60M |
| Repurchase of Common Stock | -3.50M | |||||
| Other Financing Activities | -24.80M | -69.10M | -25.30M | -7.50M | 201.60M | |
| Financing Cash Flow | 680.20M | 1.80B | 820.40M | 250.10M | -9.90M | 822.20M |
| Net Cash Flow | -870.50M | 187.50M | 369.80M | 399.20M | -674.60M | 710.30M |
| Free Cash Flow | -660.00M | -511.70M | -450.60M | -315.90M | -207.30M | -111.90M |
| Free Cash Flow Margin | -9,565.22% | -170,566.67% | ||||
| Free Cash Flow Per Share | -0.90 | -0.82 | -1.20 | -1.17 | -0.86 | -1.01 |
| Levered Free Cash Flow | -376.44M | -376.44M | -332.23M | -200.30M | -92.33M | -23.81M |
| Unlevered Free Cash Flow | -373.73M | -373.91M | -332.16M | -201.00M | -91.58M | -23.32M |
| Cash Interest Paid | 4.10M | 4.10M | 2.50M | 800.00K | 1.50M | 700.00K |
| Change in Working Capital | 3.30M | -7.20M | -17.20M | 13.20M | 19.20M | -400.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.22B | 5.51B | 4.94B | 1.85B | 454.96M | 1.43B |
| Enterprise Value | 1.78B | 3.96B | 4.52B | 1.40B | -122.24M | 658.68M |
| Last Close Price | 4.20 | 7.52 | 9.75 | 6.14 | 1.87 | 6.04 |
| PS Ratio | 468.71 | 18,363.63 | ||||
| PB Ratio | 1.71 | 2.50 | 6.56 | 5.03 | 0.92 | 2.05 |
| P/TBV Ratio | 1.88 | 2.60 | 6.57 | 5.04 | 0.92 | 2.05 |
| EV/Sales Ratio | 260.74 | 13,187.96 | ||||
| Debt / Equity Ratio | 0.07 | 0.06 | 0.10 | 0.06 | 0.04 | 0.03 |
| Net Debt / Equity Ratio | -0.75 | -0.84 | -1.00 | -1.20 | -1.03 | -1.03 |
| Net Debt / EBITDA Ratio | 1.58 | 2.60 | 1.52 | 1.01 | 1.53 | 3.02 |
| Net Debt / FCF Ratio | 2.17 | 3.60 | 1.68 | 1.40 | 2.46 | 6.47 |
| Asset Turnover | 0.00 | 0.00 | ||||
| Quick Ratio | 9.68 | 18.88 | 11.74 | 4.08 | 9.97 | 26.38 |
| Current Ratio | 10.21 | 19.89 | 12.07 | 4.21 | 10.23 | 26.67 |
| Return on Equity (ROE) | -44.47% | -41.84% | -95.88% | -106.44% | -53.23% | -94.66% |
| Return on Assets (ROA) | -28.13% | -26.29% | -40.96% | -49.29% | -31.35% | -37.18% |
| Return on Capital Employed (ROCE) | -45.50% | -30.90% | -54.80% | -101.00% | -64.70% | -32.60% |
| Earnings Yield | -26.15% | -11.22% | -10.87% | -24.80% | -69.74% | -24.26% |
| FCF Yield | -20.41% | -9.29% | -9.12% | -17.11% | -45.56% | -7.81% |
| Buyback Yield / Dilution | -48.35% | -65.72% | -39.32% | -12.45% | -116.97% | -120.95% |