Archer Aviation Q1 2025 Earnings Report
Key Takeaways
Archer Aviation reported a net loss of $93.4 million and total operating expenses of $144 million in Q1 2025. The company ended the quarter with over $1 billion in cash and cash equivalents, exceeding its guided spending range. Operational highlights included being on track for the UAE launch, securing new 'Launch Edition' customers, and partnering with Palantir on AI development.
UAE Launch remains on track for later this year with plans to deliver a piloted Midnight aircraft to the UAE this summer.
The Midnight 'Launch Edition' program rolled out with its first two customers: Abu Dhabi Aviation and Ethiopian Airlines.
Partnering with Palantir to build artificial intelligence for the future of next-gen aviation technologies.
Total cash position surpassed $1B, leading the industry with Q1'25 spending landed within its guided range.
Archer Aviation
Archer Aviation
Forward Guidance
For the second quarter of 2025, Archer estimates Adjusted EBITDA to be a loss between $100 million and $120 million.