Archer Aviation Inc. balance sheet

At the end of fiscal 2025, Archer Aviation Inc. had total assets of $2.47bn, total liabilities of $263m and shareholders' equity of $2.20bn. It held $1.02bn in cash against $81.1m of debt: net cash of $940m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Archer Aviation Inc.: balance sheet, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	465	835	1,022
Total current assets	480	858	2,076
Goodwill	—	0	0
Total assets	554	1,001	2,466
Accounts payable	14	15	30
Deferred revenue (current)	0	1	1
Total current liabilities	114	71	104
Short-term debt	0	0	1
Long-term debt	7	64	80
Total debt	8	65	81
Total liabilities	187	249	263
Shareholders' equity	367	753	2,203
Net debt (negative = net cash)	−457	−770	−940
Shares outstanding	—	—	744m

US$ millions unless shown otherwise. Fiscal quarters.

Archer Aviation Inc.: balance sheet, quarterly
Quarter	2025 Q1Mar 2025	2025 Q2Jun 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Total current assets	1,065	1,757	1,900	1,647
Goodwill	—	—	2	81
Total assets	1,215	1,938	2,323	2,214
Accounts payable	15	23	25	32
Deferred revenue (current)	1	1	1	1
Total current liabilities	67	79	105	161
Short-term debt	0	—	1	2
Long-term debt	64	64	79	78
Total debt	64	64	80	80
Total liabilities	203	257	243	299
Shareholders' equity	1,011	1,681	2,079	1,892
Shares outstanding	—	—	758m	770m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Archer Aviation Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Archer Aviation Inc.