ACHR Archer Aviation Inc.
Price Chart
Executive Summary
Archer Aviation reported Q1 2026 results, with revenue of $1.6M (up from $0.3M in Q4 2025) but a net loss of $217.7M, widening from $93.4M a year ago. The company highlighted record FAA certification progress (closing Phase 3 of Type Certification) and expects to begin US operations this year under the eVTOL Integration Pilot Program, but the cash burn rate accelerated with operating cash outflow of $149.1M in the quarter.
Key Financial Metrics
Actionable Insight
The widening net loss and accelerating cash burn ($149.1M operating cash outflow) are concerning, but the FAA certification milestone and eIPP selection support the thesis of commercial operations beginning in 2026. Monitor Q2 cash burn against the $170M-$200M Adjusted EBITDA guidance range and any updates on FAA Phase 4 progress or government defense contract awards.
Key Facts
- Q1 2026 revenue of $1.6M, up from $0.3M in Q4 2025 and $0 in Q1 2025
- Net loss of $217.7M, widened from $93.4M in Q1 2025 and $188.9M in Q4 2025
- Adjusted EBITDA loss of $172.5M, within guidance range of $160M-$180M
- Cash, cash equivalents, and short-term investments of $1.7759B, down from $1.9647B at Q4 2025
- Operating cash outflow of $149.1M in Q1 2026, up from $94.6M in Q1 2025
- Q2 2026 Adjusted EBITDA loss guidance of $170M-$200M
- First eVTOL company to close Phase 3 of FAA's 4-phase Type Certification process
- Selected as air taxi partner in 3 winning eIPP applications covering 8 states
Financial Impact
Net loss widened by $124.3M YoY to $217.7M; cash burn of $149.1M in operating activities
Risk Factors
- Accelerating cash burn with no clear path to profitability
- Dependence on FAA certification and regulatory approvals for commercial operations
- Execution risk in scaling manufacturing and launching commercial air taxi services
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001824502-26-000035 |
| Document: archerq126earningspressr.htm | 0001824502-26-000035 |
| Document: archerlettertoshareholde.htm | 0001824502-26-000035 |
| Document: 0001824502-26-000035-index-headers.html | 0001824502-26-000035 |
| Document: 0001824502-26-000035-index.html | 0001824502-26-000035 |
| Document: 0001824502-26-000035.txt | 0001824502-26-000035 |
| 8-K Data (Synthetic) | 0001824502-26-000035 |
Track record builds as more directional reports settle.
Filters
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Jun 11, 2026
3d ago
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Institutional Cluster
| $5.18 awaiting T+1 | awaiting T+1 | — | $5.08 (−1.84%) |
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May 21, 2026
24d ago
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144
| — | awaiting T+1 | — | — |
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May 20, 2026
26d ago
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Insider Cluster
| $5.78 $6.12 | ▼ −5.88% | ▼ −5.69% | $5.08 (+12.11%) |
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May 18, 2026
27d ago
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144
| $3.06 awaiting T+1 | awaiting T+1 | — | $5.08 (+66.01%) |
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May 15, 2026
4w ago
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144
| $3.06 awaiting T+1 | awaiting T+1 | — | $5.08 (+66.01%) |
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May 14, 2026
4w ago
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8-K
| — | awaiting T+1 | — | — |
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May 14, 2026
4w ago
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424B5
| — | awaiting T+1 | — | — |
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May 11, 2026
4w ago
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8-K
| $3.06 $0.2800 | ▼ −90.85% | ▼ −91.02% | $5.08 (+66.01%) |
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Apr 30, 2026
6w ago
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DEFA14A
| $3.06 $0.2556 | ▼ −91.65% | ▼ −92.46% | $5.08 (+66.01%) |
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Mar 13, 2026
13w ago
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Insider Cluster
| $6.03 $6.12 | ▲ +1.49% | ▲ +0.47% | $5.08 (−15.75%) |
US Market Status
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