Is Archer Aviation in financial trouble?

Archer Aviation Inc. (ACHR) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

Archer Aviation Inc. (ACHR) scores 17 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: Shares dilution YoY: 38.29% (YoY)

Five questions, kept separate

Survival - Stable

16-23 mo of estimated runway from 2026-06-30, based on $853M of cash and short-term investments against $512M of annual burn. Adjusted shares outstanding increased 38.3% over the comparison year.

Business quality - Poor

-243100.0% operating margin and -170566.7% FCF margin produce a poor Business Quality assessment.

Trajectory - Evidence incomplete

Comparable evidence covers 0% of this trajectory model. No comparable revenue evidence.

Valuation - Extreme expectations

-10.1% normalized FCF yield supports an extreme expectations Valuation assessment on the annual basis.

Event risk - No active asserted risk

No active asserted adverse event was found in the available filing evidence. This is not proof that no unclassified event exists.

What the rules read

• Shares dilution YoY: 38.29% (YoY)
• Debt / Equity: -0.38x (Net Cash)
• ROE quality: -32.67%
• ROIC: -60.30%
• FCF margin: -170566.67%
• Return on Assets: -27.92%
• Asset Efficiency: 0.00x
• Cash Burn Deceleration: 33.92% QoQ improvement (Rapid improvement)
• Debt Maturity Runway: 97% long-term (Long-term focused)
• Gross margin (industrial): 33.33%
• Net income trend: -27.77%
• Price / Earnings: Unprofitable (see Valuation)

Read from filings through 2026-10-02.

Price as of 2026-09-26.