Archer Aviation Inc. income statement

In fiscal 2025, Archer Aviation Inc. reported revenue of $300,000, operating income of −$729m (a -243100.0% margin) and net income of −$618m, or −$0.99 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Archer Aviation Inc.: income statement, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	0	0	0
Cost of revenue	0	0	0
Gross profit	0	0	0
Research and development	276	358	494
General and administrative	168	—	—
Operating income	−447	−510	−729
Income before tax	−457	−537	−618
Income tax	1	0	0
Net income	−458	−537	−618
Diluted EPS	−$1.69	−$1.42	−$0.99
Diluted shares (average)	270m	377m	624m
EBITDA	−440	−498	−709

US$ millions unless shown otherwise. Fiscal quarters.

Archer Aviation Inc.: income statement, quarterly
Quarter	2025 Q1Mar 2025	2025 Q2Jun 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	0	0	2	5
Research and development	104	122	172	186
General and administrative	40	—	—	—
Operating income	−144	−176	−255	−279
Income before tax	−93	−206	−218	−263
Income tax	0	0	0	0
Net income	−93	−206	−218	−263
Diluted EPS	−$0.17	−$0.36	−$0.28	−$0.34
EBITDA	−140	−171	−247	−272

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.