Financial health
- The company holds more cash ($1.0B) than total debt ($80M).
- The company is unprofitable; at its current free-cash-flow burn it has roughly 2.0 years of cash runway.
ACHR Financials Archer Aviation Inc.
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $300000 | -$618M | 33.3% | -243100.0% | -$512M | $80M | $1.0B |
| 2024 | $0 | -$537M | — | — | -$451M | $64M | $835M |
| 2023 | $0 | -$458M | — | — | -$316M | $7M | $465M |
| 2022 | — | -$317M | — | — | -$207M | $9M | $69M |
| 2021 | — | -$348M | — | — | -$112M | $19M | $747M |
| 2020 | — | -$25M | — | — | -$24M | $900000 | $37M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2M | -$218M | 0.0% | -15912.5% | -$182M | $80M | $951M |
| Dec '25 | — | -$189M | — | — | -$159M | $80M | $1.0B |
| Sep '25 | — | -$130M | — | — | -$126M | — | $596M |
| Jun '25 | — | -$206M | — | — | -$122M | — | $1.7B |
| Mar '25 | $0 | -$93M | — | — | -$105M | $64M | $1.0B |
| Dec '24 | — | -$198M | — | — | -$129M | $64M | $835M |
| Sep '24 | — | -$115M | — | — | -$117M | $64M | $502M |
| Jun '24 | — | -$107M | — | — | -$101M | $33M | $360M |
| Mar '24 | — | -$117M | — | — | -$104M | $18M | $406M |
| Dec '23 | — | -$109M | — | — | -$93M | $7M | $465M |
| Sep '23 | — | -$52M | — | — | -$83M | $2M | $461M |
| Jun '23 | — | -$184M | — | — | -$65M | $5M | $408M |
| Mar '23 | — | -$113M | — | — | -$75M | $7M | $299M |
| Dec '22 | — | -$95M | — | — | -$71M | $9M | $69M |
| Sep '22 | — | -$91M | — | — | -$52M | $12M | $113M |
| Jun '22 | — | -$72M | — | — | -$47M | $14M | $655M |
| Mar '22 | — | -$59M | — | — | -$37M | $17M | $704M |
| Dec '21 | — | -$43M | — | — | -$49M | $19M | $747M |
| Sep '21 | — | -$177M | — | — | -$32M | $19M | $796M |
| Jun '21 | — | -$33M | — | — | -$18M | — | $297376 |
Valuation over time
How the market has priced ACHR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 19040.6× (Dec '25) to 12153.6× (Jun '26).
P/S
Frequently asked questions
Is ACHR growing its revenue and profit?
See the revenue and net-income charts above for Archer Aviation Inc.'s multi-year trend.
How much debt does ACHR have?
As of FY2025, Archer Aviation Inc. reported $80M of total debt against $1.0B of cash.
What is ACHR's profit margin?
In FY2025, gross margin was 33.3%, operating margin -243100.0%, and net margin -206066.7%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.