Archer Q2 FY26 net loss widens to $45.5 million; revenue rises to $5 million
ACHR•Strategic updates
Archer announced plans to acquire Boeing units Wisk Aero, Insitu and SkyGrid; it also unveiled Halo/Thunder, an autonomous hybrid VTOL with Anduril.
Revenue climbs and cash balance declines
Revenue rose 213.8% to USD 5 million as it expanded operations at Hawthorne Airport in Los Angeles.
Cash, cash equivalents and short-term investments fell to USD 1.56 billion, down USD 215.3 million on USD 156.4 million operating cash outflow.
Q2 loss widens as operating expenses rise
Archer posted a Q2 net loss that widened by USD 45.5 million from Q1, driven by higher operating expenses and a lower non-cash warrant fair-value gain.
Adjusted EBITDA loss (non-GAAP) widened to USD 177.1 million, near the low end of its USD 170 million-USD 200 million guidance range.




