Fundies.
English

Archer Aviation Inc.

EDGAR
Quarterly report (10-Q) · filed 2026-08-10

Annual consolidated revenue for 2025: about USD 300K, using the latest reported figures. The previous period, 2024, was about USD 0.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest quarter

Revenue

5 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-5,584%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -279200000 USD Source
  • Revenue: 5000000 USD Source

Operating cash flow

-156 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -305500000 USD Source
  • Operating Cash Flow: -149100000 USD Source

Free cash flow

-194 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -305500000 USD Source
  • Operating Cash Flow: -149100000 USD Source
  • Capital Expenditure: 69700000 USD Source
  • Capital Expenditure: 32600000 USD Source
Cash and cash equivalents
853 million USD Source
Exact value

852700000 USD

Long-term debt including current maturities
80.1 million USD Source
Exact value

80100000 USD

Shares outstanding
770 million shares Source
Exact value

770000000 shares

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Net income

-800 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -129900000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -618200000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -429300000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -217700000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -263200000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-540 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -303600000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -198000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -432900000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -303600000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -149100000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -305500000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -149100000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

120 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 49200000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 28900000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 78800000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 49200000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 32600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 69700000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 32600000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-660 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -303600000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -198000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -432900000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -303600000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -149100000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -305500000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -149100000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 49200000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 28900000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 78800000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 49200000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 32600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 69700000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 32600000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-10.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • Net income: 6 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 6 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2025-12-31
  • Total assets: 3 of 11 periods available· newest 2025-12-31
  • Total liabilities: 3 of 11 periods available· newest 2025-12-31
  • Current assets: 3 of 11 periods available· newest 2025-12-31
  • Current liabilities: 3 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 2 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +USD 300,000

    Prior period

    USD 0

    –

    Current period

    USD 300,000

    –

    Exact inputs and evidence

    300000 − 0 = 300000 USD

    0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    300000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    −USD 81.4 million

    Prior period

    −USD 536.8 million

    –

    Current period

    −USD 618.2 million

    –

    Exact inputs and evidence

    -618200000 − -536800000 = -81400000 USD

    -536800000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -618200000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    −USD 64.3 million

    Prior period

    −USD 368.6 million

    –

    Current period

    −USD 432.9 million

    –

    Exact inputs and evidence

    -432900000 − -368600000 = -64300000 USD

    -368600000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -432900000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    -3.9%

    Prior period

    USD 82 million

    –

    Current period

    USD 78.8 million

    –

    Exact inputs and evidence

    78800000 − 82000000 = -3200000 USD

    82000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    78800000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 300,000 100% of revenue
  • Operating costs Derived USD 729.6 million 243,200% of revenue
  • Operating income −USD 729.3 million −243,100% of revenue
  • Tax, interest and other Derived −USD 111.1 million −37,033% of revenue
  • Net income −USD 618.2 million −206,067% of revenue

Cash

  • Operating cash flow −USD 432.9 million −144,300% of revenue
  • Capital expenditure USD 78.8 million 26,267% of revenue
  • Free cash flow Derived −USD 511.7 million −170,567% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Operating loss: operating costs were 243,200% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-310 446900000 Derived -446900000 11000000 Derived -457900000 -315900000 Derived
Source
2024 2024-01-01 – 2024-12-310 509700000 Derived -509700000 27100000 Derived -536800000 -450600000 Derived
Source
2025 2025-01-01 – 2025-12-31300000 729600000 Derived -729300000 -111100000 Derived -618200000 -511700000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 300K 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.324.0K243.0K162.0K81.0K0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Revenue0
2024Revenue0
2025Revenue300000

Revenue growth

Change in revenue from the same financial period one year earlier.

Not enough comparable data to show this history.
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over yearNo prior comparable period
2025Year over yearNo prior comparable period

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -243,100% 2025
Net margin -206,066.7% 2025
Free cash flow margin -170,566.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19,448%-51,051%-121,550%-192,049%-262,548%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating marginNot reported
2024Operating marginNot reported
2025Operating margin-243,100%
2023Net marginNot reported
2024Net marginNot reported
2025Net margin-206,066.7%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow margin-170,566.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -432.9M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.34.6M-90.9M-216.5M-342.0M-467.5M202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Operating cash flow-271600000
2024Operating cash flow-368600000
2025Operating cash flow-432900000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -511.7M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.40.9M-107.5M-255.9M-404.2M-552.6M202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Free cash flow-315900000
2024Free cash flow-450600000
2025Free cash flow-511700000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

10.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.36.5%27.4%18.2%9.1%0.0%202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023Liabilities / assets33.8%
2024Liabilities / assets24.8%
2025Liabilities / assets10.7%

Current assets to current liabilities

Current assets divided by current liabilities.

19.89× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.48×16.11×10.74×5.37×0.00×202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023Current assets / current liabilities4.21×
2024Current assets / current liabilities12.07×
2025Current assets / current liabilities19.89×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
−USD 24.8 million
Exact value

Exact value: -24800000 USD

2020-01-01 – 2020-12-31: -24800000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 22.8 million
Exact value

Exact value: -22800000 USD

2020-01-01 – 2020-12-31: -22800000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 1.4 million
Exact value

Exact value: 1400000 USD

2020-01-01 – 2020-12-31: 1400000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 24.2 million
Calculation and evidence

-22800000 − 1400000 USD

Exact free cash flow: -24200000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2021 2021-01-01 – 2021-12-31
−USD 347.8 million
Exact value

Exact value: -347800000 USD

2021-01-01 – 2021-12-31: -347800000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 108.4 million
Exact value

Exact value: -108400000 USD

2021-01-01 – 2021-12-31: -108400000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 3.5 million
Exact value

Exact value: 3500000 USD

2021-01-01 – 2021-12-31: 3500000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 111.9 million
Calculation and evidence

-108400000 − 3500000 USD

Exact free cash flow: -111900000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2022 2022-01-01 – 2022-12-31
−USD 317.3 million
Exact value

Exact value: -317300000 USD

2022-01-01 – 2022-12-31: -317300000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 200.4 million
Exact value

Exact value: -200400000 USD

2022-01-01 – 2022-12-31: -200400000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 6.9 million
Exact value

Exact value: 6900000 USD

2022-01-01 – 2022-12-31: 6900000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 207.3 million
Calculation and evidence

-200400000 − 6900000 USD

Exact free cash flow: -207300000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2023 2023-01-01 – 2023-12-31
−USD 457.9 million
Exact value

Exact value: -457900000 USD

2023-01-01 – 2023-12-31: -457900000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 271.6 million
Exact value

Exact value: -271600000 USD

2023-01-01 – 2023-12-31: -271600000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 44.3 million
Exact value

Exact value: 44300000 USD

2023-01-01 – 2023-12-31: 44300000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 315.9 million
Calculation and evidence

-271600000 − 44300000 USD

Exact free cash flow: -315900000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2024 2024-01-01 – 2024-12-31
−USD 536.8 million
Exact value

Exact value: -536800000 USD

2024-01-01 – 2024-12-31: -536800000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 368.6 million
Exact value

Exact value: -368600000 USD

2024-01-01 – 2024-12-31: -368600000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 82 million
Exact value

Exact value: 82000000 USD

2024-01-01 – 2024-12-31: 82000000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 450.6 million
Calculation and evidence

-368600000 − 82000000 USD

Exact free cash flow: -450600000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2025 2025-01-01 – 2025-12-31
−USD 618.2 million
Exact value

Exact value: -618200000 USD

2025-01-01 – 2025-12-31: -618200000 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 432.9 million
Exact value

Exact value: -432900000 USD

2025-01-01 – 2025-12-31: -432900000 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 78.8 million
Exact value

Exact value: 78800000 USD

2025-01-01 – 2025-12-31: 78800000 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 511.7 million
Calculation and evidence

-432900000 − 78800000 USD

Exact free cash flow: -511700000 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

37 filings · 1,711 latest values · 1,711 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001824502, 1824502, edgar:1824502

Also known as ATLAS CREST INVESTMENT CORP., Archer Aviation Inc., Atlas Crest Investment Corp.