Archer Aviation, Inc. (ACHR)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
$5.71-0.87%
Close 2026-09-04 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
QuarterlyIQ Insights · ACHR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks ACHR against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=6963).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Finalize the acquisition of Boeing subsidiaries to create an end-to-end physical AI platform for aerospace and defense.
Newly stated in 2026-Q2. The acquisition of Boeing’s Wisk Aero, SkyGrid, and Insitu subsidiaries is expected to close by end of 2026 and will add a profitable defense business generating over $200 million in annual revenue. This strategic move aims to create an end-to-end physical AI platform for aerospace and defense, expanding Archer’s revenue base. As this is a recent announcement, delivery is pending.
“Archer to Shape Physical AI Future of Aerospace and Defense with Acquisition of Boeing’s Wisk Aero, Insitu and SkyGrid Subsidiaries”
Start initial US city operations of air taxis under the government’s eVTOL Integration Pilot Program in 2026.
Stated in 1 of last 2 quarters (2026-Q1). Archer expects to begin US eVTOL operations in 2026 under the eVTOL Integration Pilot Program and as the Official Air Taxi Provider for the LA28 Olympic Games. Revenue increased from $1.6 million in 2026-Q1 to $5.0 million in 2026-Q2, indicating early commercial activity consistent with this priority. Delivery is in early stages but progressing.
Advance FAA Type Certification process for Midnight eVTOL aircraft, including closing Phase 3 and progressing into Phase 4 testing.
Newly stated in 2026-Q1. Archer announced it became the first eVTOL company to close Phase 3 of the FAA’s 4-phase Type Certification process for its Midnight aircraft and is advancing into Phase 4 testing. While no direct financial metrics are linked, this regulatory progress is critical for commercial operations and aligns with management’s stated certification milestones.
Design and build a clean-sheet hybrid vertical lift aircraft with Anduril partnership, aiming to win phased government awards in 2026.
Newly stated in 2026-Q1. Archer is developing a dual-use hybrid autonomous aircraft in partnership with Anduril and expects to begin winning phased government awards in 2026. No direct financial results are yet reported, so progress is qualitative but consistent with management’s product development focus.
“Significant progress on dual-use, hybrid, autonomous aircraft with phased government awards expected later this year”
Preserve liquidity while managing significant operating losses and negative net income through 2026.
Stated in 2 of last 2 quarters (2026-Q1 and 2026-Q2). Archer reported operating losses increasing from -$254.6 million in 2026-Q1 to -$279.2 million in 2026-Q2, with net income declining from -$217.7 million to -$263.2 million over the same period. Management emphasizes maintaining strong liquidity, with Q1 cash around $1.8 billion. The trajectory shows continued operating losses with liquidity preservation efforts ongoing.
Over the trailing year it converted 0.77x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
33 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2592).
Not investment advice. As of 2026-09-04.
“US operations expected to begin this year under eVTOL Integration Pilot Program and in preparation for LA28 Olympic Games”
“Record certification progress as Archer is first to close Phase 3 of FAA’s 4-phase Type Cert process for eVTOL aircraft”
“Operating income was -$279.2 million and net income was -$263.2 million in Q2 2026”
“Operating income was -$254.6 million and net income was -$217.7 million in Q1 2026”