Financials Archer Aviation Inc.

Equities

ACHR

US03945R1023

Aerospace & Defense

Real-time Estimate Cboe BZX Other stock markets 14:08:38 10/03/2026 GMT			5-day change	1st Jan Change
6.575 ^USD	+0.84%		-3.13%	-13.43%

01:12pm	A Bounce Built on Belief
08:48am	Archer Aviation Countersues Joby, Alleges Fraud, Undisclosed China Ties	MT

Projected Income Statement: Archer Aviation Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	-	-	-	-	0.3	14.95	114.4	512.4
Change	-	-	-	-	-	4,881.96%	665.19%	348.01%
EBITDA ¹	-108	-224.4	-305.3	-368.9	-481.8	-722	-695.8	-564.8
Change	-	-107.78%	-36.05%	-20.83%	-30.6%	-49.86%	3.63%	18.83%
EBIT ¹	-358.3	-347.4	-446.9	-509.7	-729.3	-934.6	-836.1	-767.7
Change	-	3.04%	-28.64%	-14.05%	-43.08%	-28.15%	10.54%	8.18%
Interest Paid ¹	-1	2.3	16.4	21.9	-	-5.634	-5.634	-5.634
Earnings before Tax (EBT) ¹	-347.8	-317.3	-457.4	-536.6	-617.9	-903.2	-946.5	-809.2
Change	-	8.77%	-44.15%	-17.32%	-15.15%	-46.17%	-4.8%	14.51%
Net income ¹	-348	-317.3	-457.9	-536.8	-618.2	-960.8	-956.4	-822.1
Change	-	8.82%	-44.31%	-17.23%	-15.16%	-55.42%	0.46%	14.04%
Announcement Date	14/03/22	09/03/23	26/02/24	27/02/25	02/03/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.3	1.664	2.914	3.896	7.366	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	454.52%	75.15%	33.71%	89.06%	-	-	-	-
EBITDA ¹	-	-39.1	-49.2	-60.1	-76	-79	-76.3	-64.8	-85.2	-86.8	-93.8	-93.5	-94.8	-109	-118.7	-116.1	-137.9	-174.1	-177	-179.2	-184.8	-209	-200	-191	-181
Change	-	-	-25.83%	-22.15%	-26.46%	-3.95%	3.42%	15.07%	-31.48%	-1.88%	-8.06%	0.32%	-1.39%	-14.98%	-8.9%	2.19%	-18.78%	-26.22%	-1.7%	-1.22%	-3.15%	-13.09%	4.31%	4.5%	5.24%
EBIT ¹	-53.3	-65.3	-80.2	-93.8	-108.1	-112	-181.4	-46.2	-107.3	-142.2	-121.2	-122.1	-124.2	-144	-176.1	-174.8	-234.4	-215.1	-218.1	-220.6	-241.6	-	-	-	-
Change	-	-22.51%	-22.82%	-16.96%	-15.25%	-3.61%	-61.96%	74.53%	-132.25%	-32.53%	14.77%	-0.74%	-1.72%	-15.94%	-22.29%	0.74%	-34.1%	8.24%	-1.4%	-1.17%	-9.48%	-	-	-	-
Charge d'intérêts ¹	-0.5	-0.4	0.5	-	0.7	1.6	4.1	5.1	-	-	-	5.5	6	8.7	10.2	16.3	-	-1.421	-1.421	-1.421	-1.421	-	-	-	-
Earnings before Tax (EBT) ¹	-43.3	-59.2	-71.7	-91	-95.4	-113.1	-183.9	-51.5	-108.9	-116.3	-106.8	-115.2	-198.3	-93.3	-205.9	-129.8	-188.9	-216.7	-222.6	-226	-241	-	-	-	-
Change	-	-36.72%	-21.11%	-26.92%	-4.84%	-18.55%	-62.6%	72%	-111.46%	-6.8%	8.17%	-7.87%	-72.14%	52.95%	-120.69%	36.96%	-45.53%	-14.73%	-2.72%	-1.54%	-6.6%	-	-	-	-
Net income ¹	-43	-59.2	-71.7	-91	-95.4	-113.1	-184.1	-51.6	-109.1	-116.5	-106.9	-115.3	-198.1	-93.4	-206	-129.9	-188.9	-216.7	-222.6	-226.1	-241	-	-	-	-
Change	-	-37.67%	-21.11%	-26.92%	-4.84%	-18.55%	-62.78%	71.97%	-111.43%	-6.78%	8.24%	-7.86%	-71.81%	52.85%	-120.56%	36.94%	-45.42%	-14.74%	-2.72%	-1.54%	-6.6%	-	-	-	-
Announcement Date	14/03/22	12/05/22	10/08/22	10/11/22	09/03/23	11/05/23	10/08/23	09/11/23	26/02/24	09/05/24	08/08/24	07/11/24	27/02/25	12/05/25	11/08/25	06/11/25	02/03/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Archer Aviation Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-	-522	-457	-767	-	-437	-219	-454
Change	-	-	12.45%	-67.83%	-	-	49.89%	-107.31%
Announcement Date	14/03/22	09/03/23	26/02/24	27/02/25	02/03/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Archer Aviation Inc.

Fiscal Period: December	2021	2022	2023	2024	2026	2027	2028
CAPEX ¹	-	6.9	44.3	82	95.2	87	91.1
Change	-	-	542.03%	85.1%	-	-8.61%	4.71%
Free Cash Flow (FCF) ¹	-114.2	-207.3	-315.9	-450.6	-896.8	-764.8	-503.6
Change	-	-81.52%	-52.39%	-42.64%	-	14.71%	34.15%
Announcement Date	14/03/22	09/03/23	26/02/24	27/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Archer Aviation Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-160,600%	-4,830.81%	-608.42%	-110.23%
EBIT Margin (%)	-	-	-	-	-243,100%	-6,253.28%	-731.09%	-149.84%
EBT Margin (%)	-	-	-	-	-205,966.67%	-6,043.13%	-827.64%	-157.94%
Net margin (%)	-	-	-	-	-206,066.67%	-6,428.74%	-836.27%	-160.46%
FCF margin (%)	-	-	-	-	-	-5,999.98%	-668.74%	-98.29%
FCF / Net Income (%)	32.82%	65.33%	68.99%	83.94%	-	93.33%	79.97%	61.26%
Profitability
ROA	-	-47.28%	-51.4%	-52.42%	-	-43.98%	-55.56%	-55.18%
ROE	-	-53.23%	-67.39%	-72.82%	-	-50.69%	-69.99%	-80.89%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	636.96%	76.07%	17.78%
CAPEX / EBITDA (%)	-	-3.07%	-14.51%	-22.23%	-	-13.19%	-12.5%	-16.13%
CAPEX / FCF (%)	-	-3.33%	-14.02%	-18.2%	-	-10.62%	-11.38%	-18.09%
Items per share
Cash flow per share ¹	-	-0.8333	-1.004	-0.9784	-	-0.7944	-0.7343	-0.565
Change	-	-	-20.53%	2.59%	-	-	7.57%	23.06%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	2.042	1.208	1.389	-	2.028	1.442	1.358
Change	-	-	-40.81%	14.92%	-	-	-28.86%	-5.82%
EPS ¹	-3.14	-1.32	-1.69	-1.42	-0.99	-1.317	-1.248	-1.026
Change	-	57.96%	-28.03%	15.98%	30.28%	-33.02%	5.25%	17.76%
Nbr of stocks (in thousands)	237,331	243,295	300,778	506,554	732,592	744,539	744,539	744,539
Announcement Date	14/03/22	09/03/23	26/02/24	27/02/25	02/03/26	-	-	-