Archer Aviation Inc.

ACHRNYSEIndustrials● Active

$5.80

+$0.26(+4.60%)

Market Cap$4.4B

P/E Ratio—

52W High$14.62

52W Low$4.8

Avg Volume36.4M

Open$5.67

Beta3.15

Free Cash Flow Financials Revenue

Archer Aviation Inc. (ACHR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ACHR · free cash flow · updated Jun 8, 2026

Core FCF metrics

ACHR · FCF · TTM · margin & CAGR

Free cash flow was −$511.7M for FY2025 (fiscal year ending 2025-12-31), down 13.6% year-over-year

FY2025 Free Cash Flow−$511.7M▼ -13.6% YoY

Trailing 12M (TTM)−$588.8Mtrailing 4 quarters sum

FCF Margin< −999%−$511.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ACHR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$432.9M(79M)−$511.7M▼ 13.6%—

FY2024−$368.6M(82M)−$450.6M▼ 42.6%—

FY2023−$271.6M(44M)−$315.9M▼ 52.4%—

FY2022−$200.4M(7M)−$207.3M▼ 85.3%—

FY2021−$108.4M(4M)−$111.9M▼ 353.0%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ACHR · P/FCF · FCF yield · FCF per share

Archer Aviation Inc. (ACHR) reported negative free cash flow of −$0.51B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ACHR · cash flow statement · operating / investing / financing

For FY2025, Archer Aviation Inc. generated −$432.9M in operating cash flow and spent 79M in capital expenditures, yielding −$511.7M in free cash flow.

Operating Activities

−$432.9M

Cash from core business operations

2025-12-31

Investing Activities

−$1.18B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.80B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$432.9M) − |CapEx| (79M) = FCF (−$511.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ACHR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Archer Aviation Inc.YOU

ACHR

−$511.7M-13.6%-170566.7%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Archer Aviation Inc. (ACHR) reported free cash flow of −$511.7M for FY2025 (fiscal year ending 2025-12-31), down 13.6% year-over-year.

Archer Aviation Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ACHR free cash flow · 8 questions

Archer Aviation Inc. free cash flow was −$511.7M for FY2025, down 13.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$588.8M.

ACHR free cash flowACHR FCFACHR FCF 2025ACHR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Archer Aviation Inc. · Archer Aviation Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026