NYSE$ACHR

Archer Aviation Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Archer Aviation's Q2 2022 performance reflected increased investments in technology development and infrastructure.

Archer Aviation reported a net loss of $71.7 million and total operating expenses of $80.2 million for the second quarter of 2022. The company highlighted the completion of the preliminary design review for its production aircraft, Midnight, and advancements in FAA certification and manufacturing capabilities.

  • Received a $10 million deposit from United Airlines for 100 eVTOL aircraft.
  • Introduced further details on its production aircraft, Midnight, and completed its preliminary design review (PDR).
  • Advanced the commercialization of its business, with a majority of the company now working on Midnight.
  • Remains focused on achieving 2022 goals, including completing the first transition to wing-borne flight with the Maker aircraft.

Headline financials

EPS (adj)

-$0.30

Previous: -$0.54+44.4%
Total operating expenses

$80.2M

Previous: $53.3M+50.5%
Net loss

-$71.7M

Previous: -$43.3M-65.6%
Capital Expenditures

$1.5M

Previous: $800K+87.5%
Free Cash Flow

-$47.1M

Previous: $10.2M-563.0%
Net Income

-$71.7M

Previous: -$43.3M-65.6%
Operating Income

-$71.7M

Previous: -$53.3M-34.5%
Cash & Equivalents

$655M

Previous: $747M-12.3%
Total Assets

$691M

Previous: $501M+38.0%
Stock-Based Comp

$25.6M

Previous: $1M+2460.0%

Revenue & EPS history

Archer Aviation · Revenue · Quarterly

$1.6M

Q1 2026
Beat estimate in 0 of 8 quarters(0%)
ActualEstimate

Forward guidance

For Q3 2022, Archer anticipates GAAP total operating expenses between $95 million and $103 million, and non-GAAP total operating expenses between $63 million and $71 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+3.7%

Avg return

Earnings day

+10.4%

Avg return

5 days after

+11.0%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+23.1%

Q1 2022

Best reaction

-16.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-6.8%-22.2%
Q4 2025-10.8%-16.8%-27.9%
Q3 2025-7.7%-2.6%-3.2%
Q2 2025+7.4%+2.9%-11.0%
Q1 2025+22.8%+46.5%+29.2%
Q4 2024+12.1%+2.7%-8.3%
Q3 2024+21.2%+45.2%+157.9%
Q1 2024-2.1%+7.2%-9.9%
Q4 2023-0.2%-5.4%-1.5%
Q3 2023-4.6%+14.8%+29.2%
Q2 2023+0.2%+10.2%+18.2%
Q1 2023-16.0%+9.2%+36.6%
Q4 2022+8.1%+2.8%-9.5%
Q3 2022+11.2%+8.0%-14.1%
Q2 2022+9.4%+5.5%-19.9%
Q1 2022+23.1%+23.1%+26.5%
Q2 2021+5.0%+39.7%+28.4%
Q4 2021+5.0%+39.7%+28.4%
Q3 2021-3.5%+0.7%+22.9%
Q3 2020+0.0%+0.1%+0.2%
Q1 2021+0.0%+0.1%+0.2%
Q4 2020-0.9%+1.1%-8.8%
Q2 2020
Q1 2020

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