Latest revenue
$1.6M
as of 2026-03-31
Latest net income
$-217.7M
as of 2026-03-31
Net margin
-13606.3%
as of 2026-03-31
Price
Price history unavailable for ACHR-WT.
Market data
Price feed temporarily unavailable for ACHR-WT.
5-year trend
What this company does
Archer Aviation designs and builds Midnight, an electric vertical take-off and landing aircraft intended for short-hop urban air taxi service. The company is pre-revenue commercially, with future income planned from selling aircraft, operating air taxi networks, and supplying defense customers through a hybrid-electric VTOL co-developed with Anduril. Archer is racing toward FAA type certification while simultaneously launching paid operations in the UAE and acquiring Hawthorne Airport as its Los Angeles hub.
Generated from ACHR-WT's filing dated 2026-03-02
Key risks
- Pre-revenue: Midnight still awaiting FAA type certification; commercial U.S. operations depend on eIPP and unfinished Phase 3 Means of Compliance work.
- Customer concentration: near-term revenue hinges on UAE Launch Edition deliveries via GCAA pathway and Anduril defense partnership — both unproven.
- Execution risk scaling 'golden line' Silicon Valley assembly and Georgia high-volume plant simultaneously while FAA inspects production certificate readiness.
Generated from ACHR-WT's filing dated 2026-03-02
Profitability
Operating margin
-243100.0%
Net margin
-206066.7%
Return on equity
-28.1%
60.7%Return on assets
-25.1%
53.2%Leverage
Debt / equity
0.12×
63.8%Long-term debt / equity
0.04×
57.6%Debt / assets
10.7%
57.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $1.6M | — | $-217.7M | -133.1% | -13606.3% |
Q4 2025 2025-12-31 | — | — | $-188.9M | +4.6% | — |
Q3 2025 2025-09-30 | — | — | $-129.9M | -12.7% | — |
Q2 2025 2025-06-30 | — | — | $-206.0M | -92.7% | — |
Q1 2025 2025-03-31 | $0 | — | $-93.4M | +19.8% | — |
Q4 2024 2024-12-31 | — | — | $-198.1M | — | — |
Q3 2024 2024-09-30 | — | — | $-115.3M | -123.4% | — |
Q2 2024 2024-06-30 | — | — | $-106.9M | +41.9% | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Aircraft · SIC 3721
Your notes
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Insider activity
No insider transactions on file for ACHR-WT in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns ACHR-WT
No institutional holdings on file for ACHR-WT yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
- 1
With no revenue and Midnight still pre-certification, what's your current cash runway and expected 2025 burn given Hawthorne Airport and Overair IP acquisitions?
- 2
Can you quantify UAE Launch Edition deliveries booked for 2025, associated revenue recognition timing, and whether GCAA certification is committed or still aspirational?
- 3
What's the realistic FAA type certification timeline for Midnight, and what specific gating items remain after recent flight test campaigns?
Refreshed when ACHR-WT files a new report · last from 2026-03-02