Financial Statements — ACHR
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.85 | 0.95 | 0.60 | 1.72 | 1.03 | 0.50 | 0.36 | 0.41 | 0.46 | 0.41 | 0.30 | 0.11 | 0.65 | 0.70 | 0.80 | 0.00 | 0.00 |
| Short-term Investments | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 1.65 | 1.90 | 1.69 | 1.76 | 1.07 | 0.52 | 0.38 | 0.42 | 0.48 | 0.42 | 0.47 | 0.62 | 0.67 | 0.72 | 0.80 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.33 | 0.28 | 0.17 | 0.15 | 0.13 | 0.11 | 0.09 | 0.07 | 0.05 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | -- | -- |
| Goodwill | 0.08 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.09 | 0.08 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Total Non-current Assets* | 0.57 | 0.42 | 0.21 | 0.18 | 0.15 | 0.13 | 0.11 | 0.09 | 0.06 | 0.06 | 0.04 | 0.02 | 0.02 | 0.02 | 0.01 | 0.50 | 0.50 |
| Total Assets | 2.21 | 2.32 | 1.90 | 1.94 | 1.21 | 0.65 | 0.48 | 0.51 | 0.54 | 0.48 | 0.51 | 0.64 | 0.69 | 0.74 | 0.81 | 0.50 | 0.50 |
| Accounts Payable | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Total Current Liabilities | 0.16 | 0.11 | 0.09 | 0.08 | 0.07 | 0.09 | 0.08 | 0.07 | 0.12 | 0.16 | 0.06 | 0.04 | 0.04 | 0.03 | 0.03 | 0.01 | 0.00 |
| Long-term Debt | 0.08 | 0.08 | -- | -- | 0.06 | 0.06 | 0.03 | 0.02 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | -- | -- |
| Total Non-current Liabilities* | 0.14 | 0.14 | 0.15 | 0.18 | 0.14 | 0.10 | 0.07 | 0.06 | 0.06 | 0.05 | 0.03 | 0.04 | 0.03 | 0.04 | 0.05 | 0.04 | 0.05 |
| Total Liabilities | 0.30 | 0.24 | 0.25 | 0.26 | 0.20 | 0.18 | 0.15 | 0.13 | 0.18 | 0.21 | 0.10 | 0.08 | 0.07 | 0.07 | 0.08 | 0.05 | 0.05 |
| Retained Earnings | (2.78) | (2.52) | (2.11) | (1.98) | (1.78) | (1.49) | (1.37) | (1.27) | (1.04) | (0.99) | (0.80) | (0.60) | (0.50) | (0.43) | (0.33) | (0.05) | (0.05) |
| Total Stockholder Equity | 1.89 | 2.08 | 1.65 | 1.68 | 1.01 | 0.47 | 0.33 | 0.38 | 0.36 | 0.28 | 0.41 | 0.56 | 0.62 | 0.66 | 0.72 | (0.05) | (0.05) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 5.00 | 1.60 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 186.00 | 171.70 | 147.10 | 120.70 | 122.40 | 103.70 | 94.60 | 89.80 | 89.80 | 83.50 | 79.50 | 67.80 | 63.30 | 65.80 | 59.20 | 47.00 | 37.80 | 27.50 | 19.70 | 23.10 |
| Selling, General & Admin | -- | -- | -- | -- | -- | 40.30 | -- | -- | -- | -- | -- | -- | 118.10 | 44.10 | 44.10 | 40.80 | 42.40 | 37.80 | 33.60 | 114.10 |
| Total Operating Expenses | -- | -- | 234.50 | 174.80 | 176.10 | 144.00 | 124.20 | 122.10 | 121.20 | 142.20 | 107.30 | 46.20 | 181.40 | 112.00 | 108.10 | 93.80 | 80.20 | 65.30 | 53.30 | 176.30 |
| Operating Income | (279.20) | (254.60) | (234.40) | (174.80) | (176.10) | (144.00) | (124.20) | (122.10) | (121.20) | (142.20) | (107.30) | (46.20) | (181.40) | (112.00) | (108.10) | (93.80) | (80.20) | (65.30) | (173.41) | (176.30) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.40 | 0.50 | 0.50 |
| Pretax Income | (263.20) | (217.60) | (188.90) | (129.80) | (205.90) | (93.30) | (198.30) | (115.20) | (106.80) | (116.30) | (108.90) | (51.50) | (183.90) | (113.10) | (95.40) | (91.00) | (71.70) | (59.20) | (43.30) | (176.70) |
| Tax Provision | 0.00 | 0.10 | 0.00 | 0.10 | 0.10 | 0.10 | (0.20) | 0.10 | 0.10 | 0.20 | 0.20 | 0.10 | 0.20 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Net Income | (263.20) | (217.70) | (188.90) | (129.90) | (206.00) | (93.40) | (198.10) | (115.30) | (106.90) | (116.50) | (109.10) | (51.60) | (184.10) | (113.10) | (95.40) | (91.00) | (71.70) | (59.20) | (171.93) | (176.70) |
| Basic EPS | (0.34) | (0.28) | (0.26) | (0.20) | (0.36) | (0.17) | (0.45) | (0.29) | (0.32) | (0.36) | (0.31) | (0.19) | (0.73) | (0.46) | (0.39) | (0.38) | (0.30) | (0.25) | 1.36 | (2.00) |
| Diluted EPS | (0.34) | (0.28) | (0.26) | (0.20) | (0.36) | (0.17) | (0.45) | (0.29) | (0.32) | (0.36) | (0.31) | (0.19) | (0.73) | (0.46) | (0.39) | (0.38) | (0.30) | (0.25) | 1.36 | (2.00) |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (0.16) | (0.15) | (0.13) | (0.11) | (0.10) | (0.09) | (0.10) | (0.10) | (0.08) | (0.09) | (0.08) | (0.07) | (0.06) | (0.06) | (0.07) | (0.05) | (0.05) | (0.04) | (0.05) | (0.06) |
| Capital Expenditures | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | (0.19) | (0.18) | (0.16) | (0.13) | (0.12) | (0.10) | (0.13) | (0.12) | (0.10) | (0.10) | (0.09) | (0.08) | (0.07) | (0.08) | (0.07) | (0.05) | (0.05) | (0.04) | (0.05) | (0.06) |
| Investing Cash Flow | 0.05 | 0.08 | (0.07) | (1.07) | (0.02) | (0.01) | (0.02) | (0.02) | (0.02) | (0.02) | (0.01) | (0.02) | 0.14 | 0.30 | 0.03 | (0.49) | -0.00 | -0.00 | -0.00 | -0.00 |
| Financing Cash Flow | 0.01 | 0.00 | 0.63 | 0.05 | 0.82 | 0.30 | 0.46 | 0.26 | 0.06 | 0.04 | 0.10 | 0.14 | 0.02 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.82 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
