Q2 adjusted EBITDA was -$177.10 million, compared with the consensus estimate of -$187.61 million from 7 analysts.
Outlook and operating drivers
Archer expects Q3 2026 adjusted EBITDA loss of $170 million to $200 million.
The company said the Insitu acquisition is expected to add over $200 million in annual revenue.
Archer highlighted ongoing investments in flight testing, certification, and platform development.
Revenue growth was driven by expanded operations at Hawthorne Airport in Los Angeles.
Higher operating expenses reflected increased investment in flight testing, certification, production for the Midnight aircraft, hybrid aircraft design, and AI model development.
ACHR•
