Archer Q3 2026 net loss widens to $274.6 million on $5.1 million revenue
Archer reported third-quarter 2026 results on November 9, 2026, with revenue of $5.1 million, up from $5.0 million in the prior quarter, and a net loss of $274.6 million, up from $263.2 million in Q2 2026 and $129.9 million a year earlier. Adjusted EBITDA was a loss of $178.5 million, at the favorable end of the company's $170 million to $200 million guidance range, but cash and short-term investments fell $207 million to $1,353.6 million, and the company guided to a fourth-quarter adjusted EBITDA loss of $185 million to $205 million.
Key points
- Net loss was $274.6 million in Q3 2026, versus $263.2 million in Q2 2026 and $129.9 million in Q3 2025.
- Cash, cash equivalents and short-term investments fell to $1,353.6 million from $1,560.6 million in Q2 2026.
- Q4 2026 guidance: revenue of $5 million to $6 million and an adjusted EBITDA loss of $185 million to $205 million.
- The Boeing acquisition of Wisk, Insitu and SkyGrid is nearing close; the filing says Insitu adds over $200 million in annual revenue.
The filing
Written by AI on Nov 9, 2026, 6:16 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.