Every 10-Q that Archer Aviation Inc. (ACHR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ACHR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACHR filings page.
Archer Aviation Inc. is building an advanced air mobility platform and remains in a heavy investment phase. For the quarter ended June 30, 2026, it generated $5.0 million of revenue (mainly from newly acquired Hawthorne Airport FBO and lease operations) versus none a year earlier, but reported a quarterly net loss of $263.2 million and a six‑month net loss of $480.9 million, driven by substantial research and development and general and administrative spending.
R&D expense reached $186.0 million in the quarter and G&A was $93.9 million. Operating cash outflows were significant, with $305.5 million used in operating activities in the first half of 2026. As of June 30, 2026, Archer held $852.7 million in cash and cash equivalents and $707.9 million in short‑term investments, totaling $1,560.6 million, and had an accumulated deficit of $2,784.7 million. Management states this liquidity will fund its current plan for at least 12 months, while noting possible future capital needs.
Archer expanded its infrastructure by acquiring lease, development and operating rights at Hawthorne Airport in December 2025 for total consideration of $127.1 million, and a 75% interest in Hawthorne FBO LLC in April 2026 valued at $93.1 million, creating a new revenue stream and a noncontrolling interest of $23.3 million. Total assets were $2,214.3 million and total liabilities $298.7 million, including $80.1 million of debt and $3.0 million of warrant liabilities.
Archer Aviation reported first‑quarter 2026 revenue of $1.6 million, reflecting early commercial activity, including $1.0 million of lease‑related revenue. Operating expenses rose to $256.2 million, driven by $171.7 million in research and development and $83.2 million in general and administrative costs.
The company recorded a net loss of $217.7 million (basic and diluted loss per share $0.28) compared with a net loss of $93.4 million a year earlier. Net cash used in operating activities was $149.1 million. As of March 31 2026, Archer held $1,775.9 million in cash, cash equivalents and short‑term investments and total assets of $2,322.8 million.
Archer continued to build out its infrastructure and technology base. It completed the December 2025 acquisition of Hawthorne Airport rights for total consideration of $127.1 million, including operating rights valued at $44.8 million and an option to acquire 75% of the on‑site fixed‑base operator for $25.0 million, which was exercised on April 1 2026. The company also acquired a smaller technology business for $6.1 million and increased property and equipment to $278.6 million. Management believes its liquidity is sufficient to fund the current operating plan for at least 12 months, while noting ongoing losses and the potential need for additional capital if plans expand.
Archer Aviation Inc. filed its Q3 2025 report, detailing larger investment capacity and continued development spending. The company ended September 30 with cash and cash equivalents of $595.5 million and short‑term investments of $1,045.8 million, supporting total assets of $1,899.6 million. Stockholders’ equity rose to $1,654.3 million as recent equity raises lifted additional paid‑in capital to $3,771.5 million.
Quarterly net loss was $129.9 million versus $115.3 million a year ago, driven by research and development of $120.7 million and general and administrative of $54.1 million. Year‑to‑date, operating cash use totaled $303.6 million.
Archer bolstered liquidity through a fully utilized at‑the‑market program ($46.3 million) and two registered direct offerings that provided net proceeds of $289.5 million (February 12) and $816.8 million (June 16). Warrant liabilities decreased to $58.6 million as fair value moved lower. The balance sheet shows 651,297,219 Class A shares outstanding at quarter‑end; 651,341,543 were outstanding as of October 31, 2025. Management states current liquidity is sufficient for at least the next 12 months.
Archer reported a stronger liquidity position alongside widening losses for the quarter ended June 30, 2025. Cash and cash equivalents totaled $1,724.0 million (total cash, cash equivalents, and restricted cash $1,730.5 million), up from $834.5 million at year-end, largely driven by financing activities that produced $1,121.3 million of net cash from financing during the six months ended June 30, 2025.
Operating losses increased as research and development and general and administrative expenses rose: net loss was $206.0 million for the three months and $299.4 million for the six months ended June 30, 2025, with a six-month net cash used in operating activities of $198.0 million. The company remains pre-revenue for its planned commercial and defense lines of business and had an accumulated deficit of $1,985.0 million.
Management states available cash is sufficient to fund the current operating plan for at least the next 12 months, but also discloses litigation developments and typical financing and operational risks. Material financings included a registered direct offering that provided $816.8 million of net proceeds and other PIPE and ATM activity disclosed in the period.