Jun 2026 (Q2 FY26) — Aug 10, 2026
Archer Aviation Q2 FY26 — Strategic Diversification via Boeing Transaction and AI/UAS Expansion
Read the full callArcher Aviation (ACHR) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Archer Aviation earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5.0 | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Operating margin | -5584.0 | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. | |
| Net profit | -263 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Guidance
What management said, and what became of it
13 of 22 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA loss | in the range of $170 million to $200 million | Mar 2026 | Q2 adjusted EBITDA was a loss of $177 million, which is on the lower end of our guidance range of $170 million to $200 million and only a slight increase quarter-over-quarter. | Achieved |
| Piloted demonstration and market survey flights with passengers | Begin next year | Sep 2024 | Ghosted | |
| Adjusted EBITDA loss | in the range of $170 million to $200 million | Jun 2026 | For Q3, we estimate our adjusted EBITDA loss to stay within the same range of $170 million to $200 million as we continue to mature the Midnight flight test program including our operations under the eIPP, continued development of Halo and advance our AI solutions. | New |
9 of Archer Aviation Inc.'s 36 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 33 more targets are in the full ledger.
Claimed
- Entered into agreements to acquire Wisk Aero, Insitu, and SkyGrid from Boeing, with Boeing taking a strategic equity stake in Archer, accelerating diversification into UAS and AI.
- Insitu, one of the acquired companies, is profitable today with over $200 million in annual revenue.
- Q2 revenue grew to $5 million, a 213% increase over last quarter, driven by operations at Hawthorne Airport.
- Maintained a strong balance sheet with $1.6 billion in liquidity at the end of Q2.
- Adjusted EBITDA loss of $177 million was at the lower end of the guidance range of $170 million to $200 million.
Qualified
Price
$4.04 −0.74% · −$0.03
Performance −64.1% 1Y
1Y: $11.24 on 17 Oct 2025 → $4.04. High $11.98 (20 Oct 2025), low $4.04 (19 Oct 2026).
- Previous close
- $4.07
- 52-week range
- $4.04 – $11.98
- One year
- −66.28%
Overview
- Symbol
- ACHR
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
13 of 22 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA loss | in the range of $170 million to $200 million | Mar 2026 | Q2 adjusted EBITDA was a loss of $177 million, which is on the lower end of our guidance range of $170 million to $200 million and only a slight increase quarter-over-quarter. | Achieved |
| Piloted demonstration and market survey flights with passengers | Begin next year | Sep 2024 | Ghosted | |
| Adjusted EBITDA loss | in the range of $170 million to $200 million | Jun 2026 | For Q3, we estimate our adjusted EBITDA loss to stay within the same range of $170 million to $200 million as we continue to mature the Midnight flight test program including our operations under the eIPP, continued development of Halo and advance our AI solutions. | New |
Claimed
- Entered into agreements to acquire Wisk Aero, Insitu, and SkyGrid from Boeing, with Boeing taking a strategic equity stake in Archer, accelerating diversification into UAS and AI.
- Insitu, one of the acquired companies, is profitable today with over $200 million in annual revenue.
- Q2 revenue grew to $5 million, a 213% increase over last quarter, driven by operations at Hawthorne Airport.
- Maintained a strong balance sheet with $1.6 billion in liquidity at the end of Q2.
- Adjusted EBITDA loss of $177 million was at the lower end of the guidance range of $170 million to $200 million.
Qualified
The full ledger
Open Archer Aviation Inc.’s full ledger
A free account opens 5 company ledgers a month. All 36 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 11, 2026
Archer Aviation Q1 FY26 — Certification Progress and Multi-Platform Strategy
Read the full callDec 2025 (Q4 FY25) — Mar 2, 2026
Archer Aviation Q4 FY25 — Certification Progress and Strategic Investments
Read the full callEvery analysed call
Archer Aviation earnings calls (ACHR)
Financials
What the filings say
Net profit, year on year: −28% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | — | — | 0 | 0 | — | — | 2 | 5 |
| Expenses | — | — | 144 | 176 | — | — | 256 | 284 |
| Operating profit | -122 | -124 | -144 | -176 | -175 | -234 | -255 | -279 |
| Operating margin | — | — | — | — | — | — | −15912.5% | −5584.0% |
| Profit before tax | -115 | -198 | -93 | -206 | -130 | -189 | -218 | -263 |
| Tax rate | −0.1% | 0.1% | −0.1% | −0.1% | −0.1% | 0.0% | −0.1% | 0.0% |
| Net profit | -115 | -198 | -93 | -206 | -130 | -189 | -218 | -263 |
| EPS ($ per share) | -0.29 | — | -0.17 | -0.36 | -0.20 | — | -0.28 | -0.34 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | — | — | — | — | 0 | 0 |
| Reserves | -26 | -374 | -691 | -1,149 | -1,686 | -2,304 |
| Total liabilities | 6 | 70 | 81 | 187 | 249 | 263 |
| Fixed assets | 2 | 6 | 12 | 58 | 127 | 254 |
| Investments | — | — | — | 0 | 0 | — |
| Total assets | 42 | 768 | 574 | 554 | 1,001 | 2,466 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -23 | -108 | -200 | -272 | -369 | -433 |
| Cash from investing | -2 | -3 | -464 | 421 | -82 | -1,176 |
| Cash from financing | 51 | 822 | -10 | 250 | 820 | 1,796 |
| Net cash flow | 27 | 710 | -675 | 399 | 370 | 188 |
| Capital expenditure | -1 | -3 | -7 | -44 | -82 | -79 |
| Free cash flow | -24 | -112 | -207 | -316 | -451 | -512 |
ACHR revenue by segment
| Segment | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|
| Reportable | 100% | 100% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
99 filings between Nov 15, 2025 and Sep 21, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$7.74M
29 sales by 6 insiders
17% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 6
- Award — granted as compensation
- 64
- Option exercise — converted options into shares
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Muniz Thomas Paul | — | $3.17M | May 18, 2026 |
| Lentell Eric | — | $2.65M | Aug 20, 2026 |
| Perkins Tosha | — | $760.1K | Mar 13, 2026 |
| Lyon Benjamin | — | $568.1K | Sep 21, 2026 |
| Rungta Harsh | — | $310.4K | Aug 17, 2026 |
| Gupta Priya | — | $275.3K | Aug 17, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 21, 2026 | Lyon Benjamin President, Aircraft OEM | Sale 10b5-1 plan | 45,359 | $246.3K |
| Aug 20, 2026 | Lentell Eric Chief Strategy Officer | Sale 10b5-1 plan | 100,000 | $631.0K |
| Aug 17, 2026 | Lyon Benjamin President, Aircraft OEM | Sale | 50,188 | $321.8K |
| Aug 17, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale | 52,762 | $338.4K |
| Aug 17, 2026 | Gupta Priya Interim CFO | Sale | 10,015 | $64.2K |
| Aug 17, 2026 | Rungta Harsh Chief Accounting Officer | Sale | 13,880 | $89.0K |
| Aug 15, 2026 | Rungta Harsh Chief Accounting Officer | Option exercise | 12,412 | $0 |
| Aug 15, 2026 | Gupta Priya Interim CFO | Option exercise | 3,583 | $0 |
| Aug 15, 2026 | Gupta Priya Interim CFO | Option exercise | 6,524 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 26,096 | $0 |
| Aug 15, 2026 | Lyon Benjamin President, Aircraft OEM | Option exercise | 54,383 | $0 |
| Aug 15, 2026 | Lyon Benjamin President, Aircraft OEM | Option exercise | 41,164 | $0 |
| Aug 15, 2026 | Gupta Priya Interim CFO | Option exercise | 10,291 | $0 |
| Aug 15, 2026 | Rungta Harsh Chief Accounting Officer | Option exercise | 21,754 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 8,946 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 7,301 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 19,797 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 22,866 | $0 |
| Aug 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 15,437 | $0 |
| Jun 26, 2026 | MUNOZ OSCAR Director | Option exercise | 19,102 | $0 |
| Jun 26, 2026 | Diaz Deborah Director | Option exercise | 19,102 | $0 |
| Jun 26, 2026 | Spellacy Michael Director | Option exercise | 19,102 | $0 |
| Jun 26, 2026 | Diaz Fred M Director | Option exercise | 19,102 | $0 |
| Jun 26, 2026 | Pinelli Maria Director | Option exercise | 19,102 | $0 |
| Jun 11, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale | 3,754 | $18.8K |
| May 18, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Sale | 91,839 | $546.7K |
| May 18, 2026 | Rungta Harsh Chief Accounting Officer | Sale | 12,414 | $73.9K |
| May 18, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale | 48,169 | $286.7K |
| May 18, 2026 | Gupta Priya Interim CFO | Sale | 9,860 | $58.7K |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 7,301 | $0 |
| May 15, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Sale | 44,740 | $271.2K |
| May 15, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Option exercise | 7,611 | $0 |
| May 15, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Option exercise | 143,750 | $0 |
| May 15, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Option exercise | 8,946 | $0 |
| May 15, 2026 | Gupta Priya Interim CFO | Option exercise | 6,524 | $0 |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 22,866 | $0 |
| May 15, 2026 | Rungta Harsh Chief Accounting Officer | Option exercise | 21,754 | $0 |
| May 15, 2026 | Gupta Priya Interim CFO | Option exercise | 10,291 | $0 |
| May 15, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Option exercise | 7,719 | $0 |
| May 15, 2026 | Gupta Priya Interim CFO | Option exercise | 3,583 | $0 |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale | 39,967 | $242.2K |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 15,437 | $0 |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 26,096 | $0 |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 8,946 | $0 |
| May 15, 2026 | Lentell Eric Chief Legal & Strategy Officer | Option exercise | 19,796 | $0 |
| May 15, 2026 | Rungta Harsh Chief Accounting Officer | Option exercise | 12,412 | $0 |
| Apr 20, 2026 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Award | 78,659 | $0 |
| Apr 20, 2026 | Lentell Eric Chief Legal & Strategy Officer | Award | 78,659 | $0 |
| Mar 27, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale 10b5-1 plan | 50,000 | $265.0K |
| Mar 26, 2026 | Lentell Eric Chief Legal & Strategy Officer | Sale 10b5-1 plan | 50,000 | $268.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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