Archer Aviation Inc.
archer.comWhat Do They Do?
Develops electric aircraft and air-taxi services for commercial customers, and autonomous aircraft and related technologies for defense and commercial customers.
10-K for FY2025, filed Mar 2, 2026Archer is developing the technologies and aircraft to power the future of advanced aviation. We are building a platform to deliver advanced…View ↗
Midnight is our electric vertical take-off and landing (“eVTOL”) aircraft purpose-built for air taxi operations globally. To prepare for…View ↗
We are also advancing a dual-use hybrid-electric, autonomous vertical take-off and landing (“VTOL”) aircraft platform for both defense and…View ↗
Commercial: This is planned to consist of the sale of our commercial aircraft and related technologies and services, as well as providing…View ↗
How Do They Make Money?
The company earns income from leasing hangar space over monthly lease periods.
10-K for FY2025, filed Mar 2, 2026We began generating lease revenue from the leasing of hangar space at Hawthorne Airport in the fourth quarter of 2025. The lease income is…View ↗
$300K
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10-K for FY2025, filed Mar 2, 2026
$300K ↗
Who Are Their Customers?
Plans to sell aircraft and technologies to commercial and defense customers and offer air-taxi rides directly to passengers; hangar users lease space.
10-K for FY2025, filed Mar 2, 2026
Do Revenues Turn Into Profits?
No. It lost $618.2M in FY2025.
10-K for FY2025, filed Mar 2, 2026
−$729.3MView ↗
10-K for FY2025, filed Mar 2, 2026
−$618.2MView ↗
10-K for FY2025, filed Mar 2, 2026
−$511.7MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 10, 2026
−$263.2MView ↗
- ▲ +28% (Loss)
- vs −$206M in Q2 FY2025
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Aug 10, 2026
Agreed to acquire Boeing’s Wisk Aero, Insitu and SkyGrid businesses
The businesses span autonomous aircraft, airspace management and unmanned aircraft systems; closing remains subject to conditions.
Sources
8-K, filed Aug 10, 2026
On August 9, 2026, Archer Aviation Inc. (the “Company”) entered into a definitive Equity Purchase Agreement (the “Purchase Agreement”) with…View ↗
Defense aviation
The plan has expanded beyond commercial aircraft sales and air-taxi rides to include defense aircraft and related technologies, including a hybrid-electric autonomous platform.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 2, 2026Upon receipt of all necessary FAA certifications and any other government approvals necessary for us to manufacture and operate our…View ↗
Broader commercial offer
The commercial plan adds related technologies and services alongside aircraft sales and direct-to-consumer air-taxi rides.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 2, 2026Upon receipt of all necessary FAA certifications and any other government approvals necessary for us to manufacture and operate our…View ↗
Commercial: This is planned to consist of the sale of our commercial aircraft and related technologies and services, as well as providing…View ↗
Hangar leasing
Hangar-space leasing has become a current revenue source; the earlier report described aircraft sales and air-taxi service as planned businesses with no revenue yet.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 2, 2026To date, we have not generated any revenue from either of these planned categories, as we continue to design, develop, and seek the…View ↗
We began generating lease revenue from the leasing of hangar space at Hawthorne Airport in the fourth quarter of 2025. The lease income is…View ↗
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