ACHR · XBRL financial data

Archer Aviation financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ACHR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	—	year only	—	—	—	year only	0	0	—	year only	2	5
Cost of goods and services sold	—	year only	—	—	—	year only	—	—	—	year only	—	—
Research and development	68	80*	84	90	90	95*	104	122	121	147*	172	186
General and administrative	—	year only	59	—	—	—	40	—	—	—	—	—
Total operating expenses	46	107*	142	121	122	124*	144	176	175	—	—	—
Other operating income (expense)	0*	0*	—	—	—	—	—	—	—	—	—	—
Operating income (loss)	(46)	(107)*	(142)	(121)	(122)	(124)*	(144)	(176)	(175)	(234)*	(255)	(279)
Other income (expense)	(10)	(7)*	21	9	1	(80)*	42	(40)	29	28*	21	2
Income tax expense (benefit)	0	0*	0	0	0	(0)*	0	0	0	0*	0	0
Net income (loss)	(52)	(109)*	(117)	(107)	(115)	(198)*	(93)	(206)	(130)	(189)*	(218)	(263)
Earnings per share, basic USD per share	(0.19)	(0.36)*	(0.36)	(0.32)	(0.29)	(0.44)*	(0.17)	(0.36)	(0.20)	(0.26)*	(0.28)	(0.34)
Earnings per share, diluted USD per share	(0.19)	(0.36)*	(0.36)	(0.32)	(0.29)	(0.44)*	(0.17)	(0.36)	(0.20)	(0.26)*	(0.28)	(0.34)
Weighted average shares, basic millions of shares	278	305*	320	334	398	454*	540	579	661	714*	767	782
Weighted average shares, diluted millions of shares	278	305*	320	334	398	454*	540	579	661	714*	767	782

Fiscal quarters (ACHR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	461	465	406	360	502	835	1,030	1,724	596	1,022	951	853
Short-term investments	—	0	0	0	0	0	—	—	—	—	—	—
Marketable securities	0	0	—	—	—	0	—	—	1,046	943	825	708
Total current assets	476	480	422	375	523	858	1,065	1,757	1,692	2,076	1,900	1,647
Property and equipment, net	50	58	72	93	113	127	132	148	168	254	279	327
Right-of-use asset	10	9	9	8	7	8	8	11	18	41	39	44
Goodwill	—	—	—	—	—	0	—	—	—	0	2	81
Total assets	540	554	511	484	652	1,001	1,215	1,938	1,900	2,466	2,323	2,214
Accounts payable	16	14	14	25	24	15	15	23	24	30	25	32
Current portion of long-term debt	2	0	0	0	0	0	0	—	—	1	1	2
Total current liabilities	117	114	70	84	87	71	67	79	93	104	105	161
Long-term debt	0	7	18	33	64	64	64	—	—	80	79	78
Lease liability, non-current	14	13	12	12	11	11	10	13	19	36	37	39
Total liabilities	175	187	132	150	184	249	203	257	245	263	243	299
Accumulated deficit	(1,040)	(1,149)	(1,265)	(1,372)	(1,488)	(1,686)	(1,779)	(1,985)	(2,115)	(2,304)	(2,522)	(2,785)
Total stockholders' equity	365	367	379	334	468	753	1,011	1,681	1,654	2,203	2,079	1,892
Total liabilities and equity	540	554	511	484	652	1,001	1,215	1,938	1,900	2,466	2,323	2,214
Common shares outstanding (cover page) millions of shares	—	—	—	—	—	504	549	645	651	745	760	770

Fiscal quarters (ACHR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(52)	(109)*	(117)	(107)	(115)	(198)*	(93)	(206)	(130)	(189)*	(218)	(263)
Stock-based compensation	(27)*	20*	41	23	21	24*	30	52	53	89*	70	86*
Depreciation and amortization	—	year only	2	3	3	4*	4	5	5	6*	8	10*
Net cash from operating activities	(67)*	(84)*	(87)	(81)*	(97)*	(104)*	(95)	(103)*	(106)*	(129)*	(149)	(156)*
Purchases of property and equipment	16*	9*	17	21*	20*	24*	10	19*	20*	30*	33	37*
Net cash from investing activities	(16)*	(9)*	(17)	(21)*	(20)*	(24)*	(10)	(24)*	(1,069)*	(73)*	79	53*
Proceeds from issuing common stock	0*	70*	—	—	55*	0*	302	850*	(1,152)*	1,802*	0	0*
Repayments of long-term debt	3*	3*	0	0*	0*	0*	0	0*	—	year only	0	0*
Net cash from financing activities	137*	96*	45	56*	258*	462*	300	821*	46*	629*	0	5*
Net change in cash	54*	3*	(59)	(45)*	141*	333*	196	694*	(1,128)*	426*	(70)	(98)*

SIC 3721 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3721 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Archer Aviation	853	5	(156)*	770.0M	10.0 quarters	Q2 FY26 10-QJun 30, 2026
Kratos Defense & Security Solutions	1,438	459	(11)*	187.7M	130.7 quarters	Q2 FY26 10-QJun 28, 2026
Joby Aviation	630	39	(173)*	989.1M	13.1 quarters	Q2 FY26 10-QJun 30, 2026
Loar Holdings	122	172	30*	93.7M	—	Q2 FY26 10-QJun 30, 2026
StandardAero	179	1,600	72*	330.9M	—	Q2 FY26 10-QJun 30, 2026
Huntington Ingalls Industries	387	3,537	520*	39.4M	—	Q3 FY26 10-QSep 30, 2026
Twin Vee PowerCats	3.9	3.1	(1.6)*	574,502	2.4 quarters	Q2 FY26 10-QJun 30, 2026
Leonardo DRS	294	1,066	96*	266.6M	—	Q3 FY26 10-QSep 30, 2026
Rocket Lab	2,129	234	(84)*	598.4M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.