NYSE$ACHR
Archer Aviation Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Archer Aviation reported Q4 2025 revenue of $0.3M and a net loss of $188.9M.
Q4 revenue was $0.3 million as the company remained pre-commercial. Net loss widened to $188.9 million ($0.26 per share) on $234.7 million of operating expenses; adjusted EBITDA loss was $137.9 million, within guidance. Year-end liquidity was ~$2.0 billion after $1.8 billion of equity financing in 2025.
- FAA accepted 100% of Midnight Means of Compliance.
- Piloted operations planned in U.S. eIPP and UAE in 2026.
- Q1 2026 adjusted EBITDA loss guide $160M–$180M.
- Order book and defense partnerships expanding.
Headline financials
Revenue & EPS history
Archer Aviation · Revenue · Quarterly
$300K
Forward guidance
Q1 2026 adjusted EBITDA loss $160M–$180M.
Tailwinds
- ~$2B liquidity after 2025 financings.
- FAA Means of Compliance milestone complete.
Headwinds
- Pre-revenue stage; rising operating spend.
- Certification and manufacturing timeline risk.
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 Q4 2025
+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
| Quarter | Report date | Reaction (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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