ACHR (Archer Aviation Inc.) Stock Financials & Earnings | Market Cap Arena

ACHR (Archer Aviation Inc.) Stock Financials & Earnings | Market Cap Arena

ACHRArcher Aviation Inc.

Mkt Cap$5B

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Revenue (TTM)$300,000

Net Income (TTM)-$618M

EPS (TTM)-$0.99

Free Cash Flow (TTM)-$512M

Gross Margin0.0%

Op. Margin-243100.0%

Net Margin-206066.7%

FCF Margin-170566.7%

P/S Ratio (TTM)16077.2x

P/E Ratio (TTM)—

YoY Rev Growth—

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$0	$0	-$112M
Q2 23	$0	$0	-$181M
Q3 23	$0	-$2M	-$46M
Q4 23	$0	$0	-$107M
Q1 24	$0	$0	-$142M
Q2 24	$0	-$3M	-$121M
Q3 24	$0	$0	-$122M
Q4 24	$0	$0	-$124M
Q1 25	$0	$0	-$144M
Q2 25	$0	-$5M	-$176M
Q3 25	$0	-$5M	-$175M
Q4 25	$300K	$10M	-$234M

Valuation

Quarter	P/S	P/E
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	16077.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$64M	-$75M
Q2 23	-$57M	-$65M
Q3 23	-$67M	-$83M
Q4 23	-$84M	-$93M
Q1 24	-$87M	-$104M
Q2 24	-$81M	-$101M
Q3 24	-$97M	-$117M
Q4 24	-$104M	-$129M
Q1 25	-$95M	-$105M
Q2 25	-$103M	-$122M
Q3 25	-$106M	-$126M
Q4 25	-$129M	-$159M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$11M
Q2 23	$8M
Q3 23	$16M
Q4 23	$9M
Q1 24	$17M
Q2 24	$21M
Q3 24	$20M
Q4 24	$24M
Q1 25	$10M
Q2 25	$19M
Q3 25	$20M
Q4 25	$30M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	—	+71.5%
Q2 23	—	+126.2%
Q3 23	—	-50.7%
Q4 23	—	-0.7%
Q1 24	—	+27.0%
Q2 24	—	-33.2%
Q3 24	—	+164.3%
Q4 24	—	+15.8%
Q1 25	—	+1.3%
Q2 25	—	+45.3%
Q3 25	—	+43.2%
Q4 25	—	+89.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$26M	—
Q2 23	$27M	—
Q3 23	-$27M	—
Q4 23	$20M	—
Q1 24	$41M	—
Q2 24	$23M	—
Q3 24	$21M	—
Q4 24	$24M	—
Q1 25	$30M	—
Q2 25	$52M	—
Q3 25	$53M	—
Q4 25	$89M	29633.3%

OpEx Breakdown

Quarter	R&D	G&A
Q1 23	$66M	$44M
Q2 23	$63M	$118M
Q3 23	$66M	—
Q4 23	$80M	$28M
Q1 24	$84M	$59M
Q2 24	$88M	$31M
Q3 24	$90M	$32M
Q4 24	$95M	$30M
Q1 25	$104M	$40M
Q2 25	$118M	$54M
Q3 25	$116M	$53M
Q4 25	$156M	$88M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$299M	$151M	$450M
Q2 23	$408M	$0	$408M
Q3 23	$461M	$0	$461M
Q4 23	$465M	$0	$465M
Q1 24	$406M	$0	$406M
Q2 24	$360M	$0	$360M
Q3 24	$502M	$0	$502M
Q4 24	$835M	$0	$835M
Q1 25	$1.0B	$0	$1.0B
Q2 25	$1.7B	$0	$1.7B
Q3 25	$596M	$1.0B	$1.6B
Q4 25	$1.0B	$943M	$2.0B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	247M	+2.3%
Q2 23	251M	+1.5%
Q3 23	278M	+10.6%
Q4 23	304M	+9.4%
Q1 24	320M	+5.4%
Q2 24	334M	+4.3%
Q3 24	398M	+19.0%
Q4 24	398M	+0.0%
Q1 25	398M	+0.0%
Q2 25	398M	+0.0%
Q3 25	398M	+0.0%
Q4 25	624M	+57.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	$0	3
FY 21	$0	209
FY 22	$0	483
FY 23	$0	691
FY 24	$0	691
FY 25	$434	691