Archer Aviation Inc. (ACHR) quarterly cash flow statement — complete operating, investing & financing history
Archer Aviation Inc. (ACHR) cash flow statement — 7-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -155.5M | -149.1M | -129.3M | -105.6M | -103.4M | -94.6M | -104.4M | -97.2M | -80.5M | -86.5M | -84M | -66.8M | -57.1M | -63.7M | -67.2M | -50.8M | -45.6M | -36.8M | -48.9M | -58.47M |
| Operating CF Margin % | -3110% | -9318.75% | -43100% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -50.39% | -57.61% | -23.85% | -8.64% | -28.45% | -9.36% | -24.29% | -45.51% | -40.98% | -35.79% | -25% | -31.5% | -25.22% | -73.1% | -37.42% | 13.12% | -171.43% | -206.67% | -543.42% | - |
| Net Income | -263.2M | -217.7M | -188.9M | -129.9M | -206M | -93.4M | -198.1M | -115.3M | -106.9M | -116.5M | -109.1M | -51.6M | -184.1M | -113.1M | -95.4M | -91M | -71.7M | -59.2M | -43.3M | -176.7M |
| Depreciation & Amortization | 10.1M | 7.8M | 6M | 5.1M | 4.8M | 4.1M | 3.5M | 3.3M | 2.6M | 2.3M | 2.3M | 2.1M | 1.1M | 1.2M | 1.7M | 1.4M | 700K | 600K | 500K | 400K |
| Stock-Based Compensation | 85.6M | 70.4M | 88.9M | 52.7M | 51.8M | 30.1M | 23.9M | 21.4M | 22.8M | 40.7M | 20.4M | -27.4M | 26.5M | 25.7M | 26.5M | 26.2M | 25.6M | 24.5M | 18.9M | 102.8M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 19.9M | -18.4M | -25.7M | -27M | 41.8M | -40.1M | 82.6M | 600K | -6.8M | -12.4M | 7.4M | 3.1M | 85.6M | 13M | -5.9M | 6.1M | -5.4M | -4.3M | -8.4M | 17.53M |
| Working Capital Changes | -7.9M | 8.8M | -9.6M | -6.5M | 4.2M | 4.7M | -16.3M | -7.2M | 7.8M | -600K | -5M | -7.6M | 13.8M | 9.5M | 5.9M | 6.5M | 5.2M | 1.6M | -16.6M | -2.6M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 6.1M | -5.2M | 2.9M | 500K | 4.9M | 500K | -1.7M | -7M | 8.6M | 0 | -1.1M | 2.1M | 5.7M | 0 | -1.6M | 3.1M | 0 | -1.6M | -17.7M | -2.3M |
| Cash from Investing | 52.9M | 78.7M | -73.4M | -1.07B | -24.1M | -10M | -24.2M | -19.6M | -20.9M | -17.3M | -9M | -15.8M | 142.9M | 302.6M | 26.9M | -489.1M | -1.5M | -600K | -500K | -3.1M |
| Capital Expenditures | -37.1M | -32.6M | -29.6M | -20.3M | -18.9M | -10M | -24.2M | -19.6M | -20.9M | -17.3M | -9M | -15.8M | -8.1M | -11.4M | -3.3M | -1.5M | -1.5M | -600K | -500K | -3M |
| CapEx % of Revenue | 742% | 2037.5% | 9866.67% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | -25M | -3.7M | -125.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 1.03B | -1.05B | -5.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 314M | 30M | -487.6M | 0 | 0 | 0 | -99.23K |
| Cash from Financing | 5M | 0 | 628.7M | 46.4M | 821.1M | 300.2M | 461.5M | 258.1M | 56M | 44.8M | 95.8M | 136.5M | 22.6M | -4.8M | -2.8M | -2.4M | -2.3M | -2.4M | 100K | 821.8M |
| Debt Issued (Net) | 0 | -100K | -10M | 0 | 0 | 10M | -57.5M | 31.7M | 14.8M | 11M | 143.7M | -2.5M | -2.5M | -2.5M | -2.5M | -2.5M | -2.5M | -2.5M | 0 | 619.5M |
| Equity Issued (Net) | -100K | 100K | 638.7M | 46.3M | 1.15B | 290.2M | -104.2M | 233.8M | 39.4M | 33.9M | -47.9M | 145M | 25M | -2.3M | 0 | 0 | 0 | 0 | 0 | 500K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 5.1M | 0 | 0 | 100K | -330.7M | 0 | 623.2M | -7.4M | 1.8M | -100K | 100K | -6M | 100K | 0 | -300K | 100K | 200K | 100K | 100K | 201.8M |
| Net Change in Cash | -97.6M | -70.4M | 426M | -1.13B | 693.6M | 195.6M | 332.9M | 141.3M | -45.4M | -59M | 2.8M | 53.9M | 108.4M | 234.1M | -43.1M | -542.3M | -49.4M | -39.8M | -49.3M | 795.9M |
| Free Cash Flow | -192.6M | -181.7M | -158.8M | -126M | -122.3M | -104.6M | -128.6M | -116.8M | -101.4M | -103.8M | -93M | -82.6M | -65.2M | -75.1M | -70.5M | -52.3M | -47.1M | -37.4M | -49.4M | -61.47M |
| FCF Margin % | -3852% | -11356.25% | -52933.33% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -57.48% | -73.71% | -23.48% | -7.88% | -20.61% | -0.77% | -38.28% | -41.4% | -55.52% | -38.22% | -31.91% | -57.94% | -38.43% | -100.8% | -42.71% | 14.92% | -167.61% | -185.5% | -442.86% | - |
| FCF per Share | -0.25 | -0.24 | -0.25 | -0.32 | -0.31 | -0.26 | -0.32 | -0.29 | -0.30 | -0.32 | -0.31 | -0.30 | -0.26 | -0.30 | -0.29 | -0.22 | -0.20 | -0.16 | -0.21 | -0.26 |
| FCF Conversion (FCF/Net Income) | 0.59x | 0.68x | 0.68x | 0.81x | 0.50x | 1.01x | 0.53x | 0.84x | 0.75x | 0.74x | 0.77x | 1.29x | 0.31x | 0.56x | 0.70x | 0.56x | 0.64x | 0.62x | 1.13x | 0.33x |
| Interest Paid | 0 | 0 | -1M | 1M | 0 | 0 | 1.1M | 0 | 0 | 200K | 100K | 0 | 200K | 300K | 300K | 400K | 500K | 300K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |