Archer Aviation Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
View on SEC.govAbout this filing
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.
Sep 30, 2026 · Filed Nov 9, 2026
ACHR$4.71-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(In millions; unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net loss | $(755.5) | $(429.3) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization expense | 29.7 | 14.0 |
| Stock-based compensation expense | 242.5 | 134.6 |
| Change in fair value of warrant liabilities | (29.9) | (30.8) |
| Non-cash lease expense | 7.0 | 3.0 |
| Research and development warrant expense | 8.6 | 2.4 |
| General and administrative warrant expense | 1.1 | — |
| Loss on disposal of property and equipment, net | 0.4 | — |
| Amortization of short-term investments purchased at a premium | 4.0 | — |
| Others | 0.8 | 0.1 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | (15.4) | (9.3) |
| Accounts payable, accrued expenses and other liabilities | 41.2 | 15.5 |
| Operating lease right-of-use assets and lease liabilities, net | (4.6) | (3.8) |
| Net cash used in operating activities | (470.1) | (303.6) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (101.4) | (49.2) |
| Purchase of short-term investments | — | (1,048.1) |
| Proceeds from maturities of short-term investments | 368.0 | — |
| Investment in a private company | (10.0) | — |
| Acquisition of intangible assets | — | (5.3) |
| Business acquisition, net of cash acquired | (28.7) | — |
| Net cash provided by (used in) investing activities | 227.9 | (1,102.6) |
| Cash flows from financing activities | ||
| Proceeds from issuance of debt | 11.8 | — |
| Proceeds from PIPE financing | — | 10.0 |
| Proceeds from issuance of common stock | — | 1,151.8 |
| Proceeds from share issuance under the at-the-market program | — | 46.3 |
| Proceeds from exercise of stock options | 0.1 | — |
| Proceeds from shares issued under employee stock purchase plan | 5.2 | 3.8 |
| Payment of offering costs in connection with financing activities | — | (44.2) |
| Repayment of debt | (0.3) | — |
| Net cash provided by financing activities | 16.8 | 1,167.7 |
| Effect of exchange rate changes on cash | 0.1 | — |
| Net change in cash, cash equivalents, and restricted cash | (225.3) | (238.5) |
| Cash, cash equivalents, and restricted cash, beginning of period | 1,028.8 | 841.3 |
| Cash, cash equivalents, and restricted cash, end of period | $803.5 | $602.8 |
| Supplemental Cash Flow Information: | ||
| Non-cash investing and financing activities: | ||
| Purchases of property and equipment included in accounts payable and accrued expenses | $24.8 | $9.7 |
| Purchases of property and equipment in common stock | $17.1 | $2.2 |
| Purchase of business acquisition in common stock | $2.9 | $— |
| Payment of offering costs in connection with financing activities in common stock | $— | $1.7 |
| Fair value of option to acquire FBO business included in purchase consideration | $44.8 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.