10x Insights
Loading account…
Companies / Industrials / Archer Aviation Inc.
ACHR

Archer Aviation Inc.

IndustrialsTransportation Equipment
Ticker ACHRSAN JOSE, CAFiscal year ends DecemberBook value per share $2.44Diluted shares 774.3M

Archer Aviation Inc. (NYSE: ACHR) is an early-stage aerospace company developing electric vertical takeoff and landing aircraft and related technologies for commercial and defense applications. The company's website is located at www.archer.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.30M
-243100.00%
$-618.20M
−15.2% year over year
Last 12 mo $-799.70M
-28.06%
+43.3 percentage points
Last 12 mo -42.26%
Cash & financing
$-432.90M
−17.4% year over year
Last 12 mo $-540.40M
$-511.70M
−13.6% year over year
Last 12 mo $-660.00M
0.04
Was 0.09× a year earlier
Last 12 mo 0.04
624.3M
+65.7% year over year
Last 12 mo 774.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Archer Aviation Inc. does

In the company’s own words

Archer Aviation Inc. (NYSE: ACHR) is an early-stage aerospace company developing electric vertical takeoff and landing aircraft and related technologies for commercial and defense applications. The company's website is located at www.archer.com.

The company's primary product is Midnight, a purpose-built eVTOL aircraft designed to carry four passengers plus a pilot for urban air taxi operations. Midnight features a proprietary 12-tilt-6 distributed electric propulsion platform optimized for high-frequency, short-distance trips of approximately 20 miles with minimal charging time between flights. The aircraft prioritizes safety and delivers significantly reduced noise compared to traditional helicopters. Archer is also developing a dual-use hybrid-electric autonomous VTOL aircraft platform for both defense and commercial cargo applications through a strategic partnership with Anduril Industries.

Archer operates through two planned business segments: Commercial, consisting of aircraft sales, related technologies and services, and direct-to-consumer air taxi services in select metropolitan areas; and Defense, focused on next-generation aircraft and technologies for defense applications, including a partnership with the U.S. Air Force through the AFWERX program.

The company is pursuing commercialization across multiple markets. In the United States, Archer has applied to participate in the eVTOL Integration Pilot Program and recently acquired control of Hawthorne Municipal Airport near Los Angeles to serve as an operational hub for its Los Angeles network. Internationally, the company's Launch Edition program is offering aircraft and services to support commercialization in select markets, with the United Arab Emirates leading the way through a Restricted Type Certification pathway with the General Civil Aviation Authority.

As of December 31, 2025, Archer employed 1,660 people, including 1,160 full-time employees and 500 contingent workers. The company operates manufacturing and test facilities in Silicon Valley and Georgia, utilizing a golden manufacturing line approach for early production builds. Archer has incurred cumulative net losses of approximately 2.3 billion dollars since inception and expects to continue incurring significant losses as it develops aircraft, pursues certifications, and builds out commercial operations.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
SAN JOSE, CA
Fiscal year end
December
CIK
1824502
SIC
3721

Financial performance, year by year

Fiscal 2021–2025 · USD
$-879.70M$-639.70M$-399.70M$-159.70M$80.30M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Archer Aviation Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

171
funds hold it
0 of 35
superinvestors hold it
$999.40M
held by funds, at market
25.1%
of shares held by funds

Largest fund holders · Archer Aviation Inc.’s weight in each

2.41%of fund net assets
ARK Innovation ETF
ARKK · ARK ETF Trust
1.55%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.10%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Archer Aviation Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Archer Aviation Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Archer Aviation Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.