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Archer Aviation (ACHR) FY2023 results: revenue $0

Archer Aviation Inc. (ACHR) reported revenue of $0 for fiscal 2023, the year ended 31 December 2023. Net income was -$458 million, and diluted earnings per share $-1.69. The figures are the company's own, from the 10-K it filed with the SEC on 2 March 2026.

Revenue
$0
FY2023FY2023
Operating margin
n/a
FY2023FY2023
Net income
-$458 million
FY2023FY2023
Diluted EPS
-$1.69
FY2023FY2023

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2023Last 8 years
Revenue0.0
Cost of revenue0.0
Gross profit0.0
Research and development276
Operating income-447
Pre-tax income-457
Income tax0.5
Net income-458
Diluted EPS-$1.69
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2023Last 8 years
Operating cash flow-272
Capital expenditure44.3
Free cash flow-316
Cash from investing421
Cash from financing250
Depreciation and amortisation6.5
Share-based compensation45.2
Diluted shares, weighted270m

Balance sheet

$ millionFY2023Last 8 years
Shareholders' equity367
Debt7.2
Operating lease liabilities13.2
Other liabilities167
Total liabilities and equity554
Fixed assets57.6
Intangible assets0.4
Investments0.0
Cash and equivalents465
Other assets31.7
Total assets554

10-K for the year ended 31 December 2023, filed 2 March 2026: the filing.