Archer Aviation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,022	834.5	464.6	69.4	746.6
Short-Term Investments	943.2	-	-	461.8	-
Cash & Short-Term Investments	1,965	834.5	464.6	531.2	746.6
Cash Growth	135.43%	79.62%	-12.54%	-28.85%	1939.89%
Prepaid Expenses	47.3	12.5	7.9	9.8	7.6
Restricted Cash	7.3	6.8	6.9	2.9	0.3
Other Current Assets	56.8	4.6	0.8	1.6	0.3
Total Current Assets	2,076	858.4	480.2	545.5	754.8
Property, Plant & Equipment	294.4	134.9	66.5	23.4	10.4
Goodwill	0.1	-	-	-	-
Other Intangible Assets	80.2	0.3	0.4	0.4	0.5
Long-Term Deferred Charges	-	5.9	6.4	3.7	-
Other Long-Term Assets	15.1	1.7	0.8	0.8	2.7
Total Assets	2,466	1,001	554.3	573.8	768.4
Accounts Payable	30.2	14.6	14.3	3.6	3.4
Accrued Expenses	68.1	41.2	38.3	30.4	10.7
Current Portion of Long-Term Debt	0.8	-	-	9.3	9.5
Current Portion of Leases	5.3	3.7	2.8	3.7	3.1
Current Income Taxes Payable	-	1.1	1.4	0.3	0.6
Current Unearned Revenue	-	0.9	-	-	-
Other Current Liabilities	-	9.6	57.2	6	1
Total Current Liabilities	104.4	71.1	114	53.3	28.3
Long-Term Debt	79.5	64	7.2	-	9.3
Long-Term Leases	36.3	11.3	13.2	9.2	1.2
Long-Term Unearned Revenue	-	11.8	10.8	10	-
Other Long-Term Liabilities	42.9	90.4	42	8	30.7
Total Liabilities	263.1	248.6	187.2	80.5	69.5
Common Stock	0.1	0.1	-	-	-
Additional Paid-In Capital	4,508	2,438	1,516	1,185	1,073
Retained Earnings	-2,304	-1,686	-1,149	-690.9	-373.6
Comprehensive Income & Other	-1.4	-0.3	-	-0.8	-
Total Common Equity	2,203	752.6	367.1	493.3	698.9
Shareholders' Equity	2,203	752.6	367.1	493.3	698.9
Total Liabilities & Equity	2,466	1,001	554.3	573.8	768.4
Total Debt	121.9	79	23.2	22.2	23.1
Net Cash (Debt)	1,843	755.5	441.4	509	723.5
Net Cash Growth	143.92%	71.16%	-13.28%	-29.65%	2066.17%
Net Cash Per Share	2.95	2.01	1.63	2.12	6.53
Filing Date Shares Outstanding	714.44	542.47	310.57	247.36	234.96
Total Common Shares Outstanding	714.44	503.78	303.78	241.64	237.73
Working Capital	1,972	787.3	366.2	492.2	726.5
Book Value Per Share	3.08	1.49	1.21	2.04	2.94
Tangible Book Value	2,123	752.3	366.7	492.9	698.4
Tangible Book Value Per Share	2.97	1.49	1.21	2.04	2.94
Buildings	-	64.4	-	-	-
Machinery	-	30.6	13.3	6	5.3
Construction In Progress	-	13.3	18.4	4.8	-
Leasehold Improvements	-	34.2	33	2.9	1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.