Archer Aviation Inc.
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 11, 2025
ACHR$4.81+8.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Operations
(In millions, except share and per share data; unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses | ||||
| Research and development | $122.4 | $89.8 | $226.1 | $173.3 |
| General and administrative | 53.7 | 31.4 | 94.0 | 90.1 |
| Total operating expenses | 176.1 | 121.2 | 320.1 | 263.4 |
| Loss from operations | (176.1) | (121.2) | (320.1) | (263.4) |
| Other income (expense), net | (40.0) | 9.3 | 2.0 | 29.9 |
| Interest income, net | 10.2 | 5.1 | 18.9 | 10.4 |
| Loss before income taxes | (205.9) | (106.8) | (299.2) | (223.1) |
| Income tax expense | (0.1) | (0.1) | (0.2) | (0.3) |
| Net loss | $(206.0) | $(106.9) | $(299.4) | $(223.4) |
| Net loss per share, basic and diluted | $(0.36) | $(0.32) | $(0.53) | $(0.68) |
| Weighted-average shares outstanding, basic and diluted | 579,166,181 | 334,072,229 | 559,903,647 | 327,164,413 |
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