earnings
confidence medium
sentiment positive
materiality 0.85
Archer Q1 2026: record FAA cert progress, ~$1.8B cash, but no revenue or EPS disclosed
Archer Aviation Inc.
2026-Q1 EPS reported
-$0.28
revenue$1,600,000
- First eVTOL company to close Phase 3 of FAA's 4-phase Type Certification process for Midnight aircraft.
- Ended Q1 2026 with ~$1.8B liquidity; met Adjusted EBITDA loss guidance; no revenue or net income figures provided.
- US operations expected in 2026 via eIPP and LA28 Olympic Games; selected as air taxi partner in 8 states.
- Expanded flight test program with daily piloted flights; took over operations of Hawthorne Airport in LA.
- AI stack partnerships: NVIDIA IGX Thor onboard compute, Starlink connectivity, Palantir finalist for FAA SMART AI.