Archer Aviation Past Earnings Performance
Past criteria checks 0/6
Archer Aviation's earnings have been declining at an average annual rate of -22.3%, while the Aerospace & Defense industry saw earnings growing at 20.3% annually. Revenues have been growing at an average rate of 107.5% per year.
Key information
-22.30%
Earnings growth rate
22.36%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.38% |
| Revenue growth rate | 107.53% |
| Return on equity | -35.71% |
| Net Margin | -39,078.95% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • 14h
Archer Aviation: Phase 4 Certification Promises A Near Takeoff
Summary Archer Aviation is executing Phase 4 FAA certification, with commercialization likely by 2028 and strong upside potential. ACHR’s order book and selection as LA28 Olympics air taxi provider signal robust demand post-certification, supporting a bullish long-term view. Financials show improving EPS, with a projected swing from -$0.63 in FY2025 to $0.20 in 2028 as commercialization begins. I estimate a 50.6% stock price upside to $7.50 by 2029, driven by sector growth and Archer’s execution. Read the full article on Seeking Alpha
Narrative Update • Jun 26
ACHR: FAA Progress And 2026 Launch Plans Will Drive Future Upside
Archer Aviation's analyst price target has been reduced by about $0.67 as analysts factor in updated assumptions on long term revenue growth, profit margins, discount rates and future P/E expectations. Analyst Commentary Recent research on Archer Aviation highlights a mix of optimism about the company’s long term potential and caution around execution and valuation, which is reflected in the revised price targets.Analysis Article • Jun 18
Archer Aviation (ACHR) Stock Could Be 73% Undervalued After Survey And Flight Test Progress
Survey interest and flight testing put Archer Aviation stock in focus Archer Aviation (ACHR) stock is back on investors’ radar after a Jefferies survey showed strong consumer interest in eVTOL flying taxis, along with the company’s ongoing flight test program aimed at supporting future certification. See our latest analysis for Archer Aviation. Despite the recent survey buzz and flight test progress, Archer Aviation’s 1-day share price return declined 1.47% to close at US$5.36, and its year...
Narrative Update • May 15
2026 Thesis Update: The Evolution from UAM to a "Hardware + Defense + AI" Ecosystem
Archer's recent Q1 2026 results and strategic moves fundamentally upgrade the investment thesis from a pure "air taxi operator" to a diversified aerospace platform. Beyond UAM (Defense & AI): Archer is no longer just a commercial eVTOL company.
New Narrative • Apr 02
Urban Air Mobility And Certification Risks Will Pressure Prospects Despite Growing Defense And Software Hopes
Catalysts About Archer Aviation Archer Aviation develops electric vertical takeoff and landing aircraft for urban air mobility, civil use and defense applications. What are the underlying business or industry changes driving this perspective?
New Narrative • Mar 18
Urban Air Taxi Certification And Defense Programs Will Transform Long Term Prospects
Catalysts About Archer Aviation Archer Aviation is building electric and hybrid vertical takeoff and landing aircraft for commercial air taxi services, defense applications and aviation software solutions. What are the underlying business or industry changes driving this perspective?New Narrative • Mar 04
Urban Air Mobility Catalysts And Defense Partnerships Will Support A Stronger Long Term Outlook
Catalysts About Archer Aviation Archer Aviation is developing electric vertical takeoff and landing aircraft and related platforms for civil, commercial, and defense applications. What are the underlying business or industry changes driving this perspective?Seeking Alpha • Apr 17
Archer Aviation: Real Progress, Real Potential
Summary Archer Aviation has made significant regulatory progress, securing key FAA certifications and strategic partnerships with United Airlines and Stellantis, bolstering its commercial prospects. The company has strong financial backing, with over $900 million in cash and substantial investments from partners like Stellantis, ensuring robust support for scaling production. Options market positioning and dark pool activity indicate bullish sentiment, with $7 likely acting as a price floor, suggesting potential for upward movement. Risks include potential FAA certification delays, manufacturing challenges, and macroeconomic factors, but Archer's current trajectory and partnerships position it well for future growth. Read the full article on Seeking AlphaSeeking Alpha • Mar 31
Archer Aviation: Sky High Valuation
Summary I believe Archer Aviation’s Abu Dhabi flights will attract investors' attention, but not enough to justify the current valuation without FAA type certification. I'm projecting only partial revenue recognition from the ~$50M in launch edition deals this year, and I believe the Street's $29M estimate is likely closer to the actual figure. I find the forward P/S ratio north of 110 excessive, especially without visibility on the US market entry. I anticipate the FAA could wait for operational data from Abu Dhabi before resolving certification issues, likely pushing the type rating approval to 2026 or later. I suggest holding until there's concrete progress on US certification. Without it, the upside is speculative and the risk/reward isn’t favorable. Read the full article on Seeking AlphaSeeking Alpha • Mar 13
Archer Aviation: It's The Perfect Time To Buy
Summary Archer Aviation is starting production of its Midnight air taxi, targeting 10 aircraft in FY25, with Abu Dhabi Aviation as its first customer. ACHR is poised to capitalize on key aviation trends: accessibility, autonomy, and electric technology, focusing on civilian, defense, and AI-driven flight control systems. Strategic partnership with Anduril aims to develop cost-effective hybrid-propulsion VTOL aircraft for defense, targeting the US Department of Defense, and leveraging AI and existing supply chains. I rate ACHR as a Buy with a target price of $11, driven by its innovative approach and significant market opportunities in both civilian and military aviation sectors. Read the full article on Seeking AlphaSeeking Alpha • Mar 06
Archer Aviation: Midnight Launch Set To Go To New Heights
Summary Archer Aviation is set to launch its first eVTOL aircraft, Midnight, in 2025, targeting early adopters and generating initial revenue in Abu Dhabi. The company has substantial liquidity, with $1.136 billion in cash, but faces high operational expenses and relies on partnerships like Stellantis for scaling production. The eVTOL market could reach $41.5 billion by 2035, with significant potential in both civilian and military applications, boosting Archer's long-term prospects. Despite high risks and reliance on FAA certification, Archer's innovative technology and strategic marketing could justify its stock price for high-risk investors. Read the full article on Seeking AlphaAnalysis Article • Feb 14
Is There An Opportunity With Archer Aviation Inc.'s (NYSE:ACHR) 49% Undervaluation?
Key Insights The projected fair value for Archer Aviation is US$18.85 based on 2 Stage Free Cash Flow to Equity Archer...Seeking Alpha • Feb 10
Archer Aviation: Frothy Valuation Despite Continued Progress
Summary Archer Aviation's stock surged on the back of President Trump's election and speculation about an easier path to commercialization. While recent progress has been solid, Archer's valuation has long embedded an expectation of significant commercial success, not just regulatory approval. The recent increase in Archer's share price reduces the risk of dilution. Archer still needs access to significant additional capital to reach breakeven, though. I tend to think the recent eVTOL stock surge has been driven by a broader speculative bubble as much as fundamentals. As a result, near-term investor risk appetite is probably as important as Archer's progression through the certification process. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
Archer Aviation Has Too Many Uncertainities
Summary Archer Aviation shows potential but faces significant uncertainties, including capital needs, increasing cash burn, and past share dilution, making it a high-risk investment. The company focuses on electric passenger drones for urban mobility, with plans to start production in 2025 and potential orders worth $6B. Risks include regulatory hurdles, high costs, and market limitations, compounded by insider share sales and ongoing cash burn. Read the full article on Seeking AlphaSeeking Alpha • Jan 14
Archer Aviation: Asymmetric Upside If You Can Stomach The Ride
Summary Archer Aviation has seen significant stock price growth, but it remains a highly speculative investment with substantial risks and potential rewards. Technical indicators suggest increased short-term risks, with the stock failing to maintain its 20-day EMA and potentially testing the 50-day SMA. Archer's future hinges on achieving commercial viability and securing customer demand, despite current high cash burn and ongoing shareholder dilution. While highly speculative, Archer could see substantial market cap growth if it successfully ramps up production and secures a significant backlog of orders. Read the full article on Seeking AlphaSeeking Alpha • Dec 29
Archer Aviation: Plot Twist
Summary Archer Aviation created Archer Defense to tap into the defense sector's VTOL aircraft market with limited additional work. Archer Defense opens up a new market with existing demand, enhancing Archer Aviation's growth potential. The company raised additional funds, pushing the cash balance to over $930 million, providing the capital to launch eVTOL production and air taxi services. Investors should wait for a negative plot twist, such as aircraft certification delays, before buying, as the stock has already rallied from $3 to $11 in just months. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
Archer Aviation: Bullish Future Despite Stellantis Turmoil
Summary Archer Aviation has shown significant progress, achieving key milestones and detailing a robust commercialization strategy, leading to an 85% stock increase since July 2024. The company’s liquidity is strong with $501.7 million in cash and a $400 million pledge from Stellantis, though additional funding may be needed. Strategic partnerships and regulatory support in key markets like the U.S., UAE and Japan bolster Archer’s commercialization efforts and market entry plans. Despite current stock price inflation, incremental buying is advised for long-term gains, especially if prices drop below calculated levels due to potential Stellantis-related risks. Read the full article on Seeking AlphaSeeking Alpha • Nov 29
Archer Aviation: I'm Staying Grounded On This Rally, But Ready For The Next Ones
Summary I believe the current bull run may end soon due to the lack of immediate news to fuel the shareholder excitement, but I foresee more rallies moving ahead. Near term catalysts include the completion of the Georgia manufacturing facility and regulatory approvals, either abroad or in the US, both of which could reignite investor/speculator enthusiasm. With $501 million in cash and potential funding from Stellantis, Archer has a 15-28 month cash runway to advance the FAA's type rating. I remain skeptical about the scalability of eVTOL commercial operations in high-density cities due to limited (physical) space for additional infrastructure at urban heliports. Overall, I maintain a hold rating due to high risk for a pullback until the next catalyst is realized. If the share price cools off, I will reconsider my rating. Read the full article on Seeking AlphaSeeking Alpha • Nov 20
Why Archer Aviation's Recent Gains Are Just The Start
Summary Emerging Opportunity: eVTOL market poised for high growth; Archer a front-runner. International Growth: $6B in indicative orders; $500M from Japan Airlines JV. Georgia Facility: $65M plant; capacity for 650 aircraft annually by 2029. Upside: Innovative technology, partnerships, and first-mover advantages. Read the full article on Seeking AlphaSeeking Alpha • Oct 24
Archer Aviation: 6 Billion Reasons To Own
Summary Archer Aviation's $6 billion order book and FAA's supportive regulations position it for commercial launch in 2025. Significant deals with United Airlines and the UAE, plus a $142 million USAF contract, reduce FAA certification risks and bolster revenue potential. Air taxi services in San Francisco and Los Angeles, with potential airport security bypass, promise lucrative fare revenues and operational efficiency. With a market cap of $1.3 billion and $600 million in cash, Archer Aviation is poised for substantial growth, targeting $3+ billion sales by 2028. Read the full article on Seeking AlphaSeeking Alpha • Oct 18
Archer Aviation: Dilution Risk Is Rising
Summary Archer Aviation's share price has been under pressure in recent months, increasing the risk of harmful dilution. Archer's business is steadily progressing in areas like manufacturing and certification, though. On a positive note, ACHR's order book and partnerships continue to expand, providing the company with a significant opportunity if/when the certification process is complete. Despite this, Joby appears better positioned across most areas (manufacturing, certification, superior aircraft, stronger balance sheet, autonomy, hydrogen). Read the full article on Seeking AlphaSeeking Alpha • Sep 19
Archer Aviation: The Bottoming Out Process Has Begun
Summary Archer Aviation's stock plummeted 52.56% after a 2023 rally; our valuation model now suggests it is slightly undervalued, with potential buying opportunities. Key developments include a partnership with Stellantis for production scaling and significant regulatory milestones, including military airworthiness and Part 135 certification. Future prospects hinge on competitive unit economics and scaling production to 650 eVTOLs by 2028, with cash flow profitability expected by 2027. Archer's fair value is estimated at $3.55, with shares trading at a 13.75% discount; significant risks include achieving FAA Type Certification. Read the full article on Seeking AlphaSeeking Alpha • Aug 29
Archer Aviation: Swelling Order Backlog In A Big Addressable Market
Summary Archer Aviation stock is a "Strong Buy" at $3.8 due to its significant progress towards FAA certification and a $6 billion order book. The eVTOL industry is poised for multi-decade growth, with Archer well-positioned as an early mover to capitalize on this potential. Strong partnerships with Stellantis, United Airlines, and Southwest Airlines bolster Archer's financial stability and operational plans. Despite risks like equity dilution and competition, Archer's strategic advancements and industry tailwinds make it a compelling investment for aggressive investors. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Archer Aviation makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 2 | -742 | 276 | 562 |
| 31 Dec 25 | 0 | -618 | 235 | 494 |
| 30 Sep 25 | 0 | -627 | 178 | 441 |
| 30 Jun 25 | 0 | -613 | 156 | 411 |
| 31 Mar 25 | 0 | -514 | 134 | 378 |
| 31 Dec 24 | 0 | -537 | 152 | 358 |
| 30 Sep 24 | 0 | -448 | 150 | 343 |
| 30 Jun 24 | 0 | -384 | 96 | 321 |
| 31 Mar 24 | 0 | -461 | 183 | 294 |
| 31 Dec 23 | 0 | -458 | 168 | 276 |
| 30 Sep 23 | 0 | -444 | 185 | 256 |
| 30 Jun 23 | 0 | -484 | 247 | 235 |
| 31 Mar 23 | 0 | -371 | 171 | 210 |
| 31 Dec 22 | 0 | -317 | 165 | 172 |
| 30 Sep 22 | 0 | -265 | 155 | 132 |
| 30 Jun 22 | 0 | -351 | 228 | 108 |
| 31 Mar 22 | 0 | -312 | 208 | 82 |
| 31 Dec 21 | 0 | -348 | 177 | 64 |
| 30 Sep 21 | 0 | -313 | 144 | 52 |
| 30 Jun 21 | 0 | -144 | 31 | 36 |
| 31 Mar 21 | 0 | -116 | 9 | 28 |
| 31 Dec 20 | 0 | -25 | 4 | 21 |
Quality Earnings: ACHR is currently unprofitable.
Growing Profit Margin: ACHR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACHR is unprofitable, and losses have increased over the past 5 years at a rate of 22.3% per year.
Accelerating Growth: Unable to compare ACHR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ACHR is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (23.9%).
Return on Equity
High ROE: ACHR has a negative Return on Equity (-35.71%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/04 01:38 |
| End of Day Share Price | 2026/07/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Archer Aviation Inc. is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Zazula | Barclays |
| Austin Moeller | Canaccord Genuity |
| Andres Sheppard-Slinger | Cantor Fitzgerald & Co. |