What Are Archer Aviation Inc.'s Key Financial Figures?

Fiscal yearFY2025
ended December 31, 2025
FY2024
ended December 31, 2024
FY2023
ended December 31, 2023
Revenue$300,000$0$0
Operating income-$729 million-$510 million-$447 million
Operating margin-243100.0%n/an/a
Net income-$618 million-$537 million-$458 million
Net margin-206066.7%n/an/a
Operating cash flow-$433 million-$369 million-$272 million
Capital expenditures$79 million$82 million$44 million
Free cash flow-$512 million-$451 million-$316 million

Free cash flow (operating cash flow minus capital expenditures) was -$512 million against net income of -$618 million; cash generation covered reported earnings.

Bar chart of Archer Aviation Inc. revenue, operating income, net income for fiscal 2023 to 2025. In fiscal 2025, revenue was $300,000, operating income negative $729 million and net income negative $618 million.
Archer Aviation Inc. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.
Bar chart of Archer Aviation Inc. operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2025. In fiscal 2025, operating cash flow was negative $433 million, capital expenditures was $79 million, free cash flow was negative $512 million.
Archer Aviation Inc. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.

What Does Archer Aviation Inc.'s Balance Sheet Show?

Cash and cash equivalents$1.0 billion
Long-term debt$80 million
Total assets$2.5 billion
Total liabilities$263 million
Shareholders' equity$2.2 billion
Current ratio19.9x

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

Where These Numbers Come From

Every figure on this page is a value Archer Aviation Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001824502-26-000019 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

Frequently Asked Questions

What was Archer Aviation Inc.'s revenue in fiscal 2025?

Archer Aviation Inc. reported revenue of $300,000 for the fiscal year ended December 31, 2025, according to its SEC filings.

What is Archer Aviation Inc.'s operating margin?

Archer Aviation Inc.'s operating margin was -243100.0% in fiscal 2025: operating income of -$729 million on revenue of $300,000.

How much free cash flow did Archer Aviation Inc. generate?

Operating cash flow of -$433 million less capital expenditures of $79 million gives free cash flow of -$512 million for fiscal 2025.

References

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