Archer Aviation Inc. (ACHR)

Archer Aviation Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-618.2	-536.8	-457.9	-317.3	-347.8
Depreciation & Amortization	20	11.7	6.5	4.4	1.3
Stock-Based Compensation	223.5	108.8	45.2	102.8	123.6
Other Adjustments	-51	64.9	121.4	-9.5	114.9
Changes in Accounts Payable	8.8	-0.1	9.2	-0.1	-0.8
Changes in Accrued Expenses	16.5	-4.3	2.3	15.6	12.1
Changes in Other Operating Activities	-32.5	-12.8	1.7	3.7	-11.7
Operating Cash Flow	-432.9	-368.6	-271.6	-200.4	-108.4
Capital Expenditures	-78.8	-82	-44.3	-6.9	-3.5
Purchases of Intangible Assets	-26.2	-	-	-	-
Purchases of Investments	-1,048	-	-	-487.4	-
Proceeds from Sale of Investments	103	-	465	30	-
Payments for Business Acquisitions	-125.9	-	-	-	-
Investing Cash Flow	-1,176	-82	420.7	-464.3	-3.5
Long-Term Debt Issued	-	57.5	7.5	-	20
Long-Term Debt Repaid	-	-	-10	-10	-
Net Long-Term Debt Issued (Repaid)	-	57.5	-2.5	-10	20
Issuance of Common Stock	1,866	788.2	263.6	0.1	858.2
Net Common Stock Issued (Repurchased)	1,866	788.2	263.6	0.1	858.2
Other Financing Activities	-69.1	-25.3	-11	-	-56
Financing Cash Flow	1,796	820.4	250.1	-9.9	822.2
Net Cash Flow	187.5	369.8	399.2	-674.6	710.3
Free Cash Flow	-511.7	-450.6	-315.9	-207.3	-111.9
FCF Margin	-170566.67%	-	-	-	-
Free Cash Flow Per Share	-0.82	-1.20	-1.17	-0.86	-1.01
Levered Free Cash Flow	-684.2	-566.8	-485	-310.6	-330.4
Unlevered Free Cash Flow	-795.65	-597.39	-471.99	-330.7	-360.9

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q