Archer Aviation Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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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.
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.
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Condensed Consolidated Statements of Operations
(In millions, except per share data; unaudited)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $5.1 | $— | $11.7 | $— |
| Operating expenses | ||||
| Cost of revenue | 5.0 | — | 10.6 | — |
| Research and development | 198.3 | 120.7 | 556.0 | 346.8 |
| General and administrative | 91.0 | 54.1 | 268.1 | 148.1 |
| Total operating expenses | 294.3 | 174.8 | 834.7 | 494.9 |
| Loss from operations | (289.2) | (174.8) | (823.0) | (494.9) |
| Other income (expense), net | 2.0 | 28.7 | 24.4 | 30.7 |
| Interest income, net | 12.6 | 16.3 | 43.2 | 35.2 |
| Loss before income taxes | (274.6) | (129.8) | (755.4) | (429.0) |
| Income tax expense | — | (0.1) | (0.1) | (0.3) |
| Net loss | (274.6) | (129.9) | (755.5) | (429.3) |
| Net loss attributable to noncontrolling interest | 0.1 | — | 0.1 | — |
| Net loss attributable to common stockholders | $(274.5) | $(129.9) | $(755.4) | $(429.3) |
| Net loss per share attributable to common stockholders, basic and diluted | $(0.35) | $(0.20) | $(0.97) | $(0.72) |
| Weighted-average shares outstanding, basic and diluted | 793.4 | 660.9 | 781.1 | 593.9 |
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