---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022208"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:55:47.152054+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Archer Q1 net loss $116.5M; 100+ flights, Midnight closing on transition milestone

## Summary
- GAAP net loss $116.5M; adj. EBITDA -$86.8M; total operating expenses $142.2M ($89.1M non-GAAP).
- Liquidity >$520M at end of each of past four quarters; cash $405.8M at Mar 31, 2024.
- Flew 100+ flights in Q1; on track to exceed 400 flights target for 2024; transition milestone imminent.
- Signed multi-hundred-million $ framework with Abu Dhabi Investment Office to accelerate UAE air taxi launch.
- First conforming Midnight aircraft final assembly progressing; piloted flight tests on track for later 2024.

## SEC filing metadata
- accession: 0001628280-24-022208
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828024022208/0001628280-24-022208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828024022208/achr-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022208
- JSON: https://secwatch.observer/filing/0001628280-24-022208.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022208.txt

## Key facts
- Earnings Releases
  Archer Aviation Inc. reported financial results for the first quarter ended March 31, 2024.
  - Period: the first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 9, 2024, Archer Aviation Inc. (“Archer” or the “Company”) will hold a conference call regarding its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000162828024022208/0001628280-24-022208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.