TenQ · Charts

Archer AviationACHR

$4.4B market cap
Archer AviationACHR
Revenue

Revenue: is the business selling more than it used to?

$300,000FY 2025

0.00$3M$5M2023202420252026$7M

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Revenue reached $300,000 in 2025. The trailing twelve months are already running at $7M, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Net income

Net income: how much of that revenue becomes profit?

$-618MFY 2025

$-500M0.002020$-25M202120222023202420252026$-800M

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

The company lost $618M in 2025, more than the $537M it lost the year before. The losses are widening - check the Health chapter for how long the cash lasts.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Free cash flow

Free cash flow: what is left in real cash after everything?

$-512MFY 2025

$-500M$-250M0.002020$-24M202120222023202420252026$-660M

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

The business consumed $512M of cash in 2025 after investment. Growth is being funded from the balance sheet, not from operations.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Returns on capital

What does it earn on the money it uses?

-100%-50%0.0%2020202120222023202420252026-42%-36%-31%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

ROE of -42% and ROCE of -31% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Valuation history

What has the market paid for ACHR over time?

637.2xP/S today

0.002.0020232024202520263-year median 2.7xP/B 2.32

2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

ACHR doesn't have enough trading history yet to compare today's price against its own past.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Free cash flow yield

What cash return does the business throw off per dollar of market value?

-15.0%FCF yield today

-20%0.0%20232024202520263-year median -26.4%FCF yield -15%

2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

Every dollar of market value currently buys -15.0% of annual free cash flow, less than its 3-year median of -26.4% - you are paying up for the same cash.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Debt & cash

Could it handle its debt if things went wrong?

0.00$500M$1.0B20192020202120222023202420252026$80M$853M

The company holds $853M in cash against $80M of debt - a net-cash balance sheet, which means a bad year is an inconvenience rather than a threat.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Shareholders' equity

Is the company's own capital growing?

0.00$1.0B$2.0B2019202020212022202320242025$2.2B2026$1.9B

The company's own capital grew from $367M in 2023 to $1.9B (+415%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Dilution rate

How fast is your ownership being diluted - or concentrated?

0.0%50%100%2021121%202220232024202566%

The share count grew 65.7% in 2025, averaging 39.2% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Return on capital employed

Does ACHR earn more on its capital than that capital costs?

-100%-50%0.0%20202021202220232024202510% cost of capitalreturn on capital -31%

ACHR's return on capital is negative at -30.9% in 2025. The capital in the business is not yet earning anything back.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

Archer AviationACHR
Insider flow

Are the people running it buying or selling?

$2M$1M0.00Mar '26May '26Jun '26Aug '26

Insiders sold $5M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 39 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

A short weekly note on what changed in the numbers, coming soon.One email a week: the charts that mattered, nothing else.