What guidance did Archer Aviation's management provide for the next earnings period?

What is the market's earnings forecast for Archer Aviation next quarter?

What does Archer Aviation do and what are its main business segments?

What is Archer Aviation's gross profit margin?

Did Archer Aviation beat or miss consensus estimates last quarter?

What were the key takeaways from Archer Aviation's earnings call?

What is Archer Aviation's latest dividend and current dividend yield?

What were the key takeaways from Archer Aviation’s earnings call?

- **Strategic Asset Acquisition**: Secured Hawthorne Airport as a central hub for L.A. air taxi operations and AI testing, with $126 million purchase funded by $650 million equity raise.
- **Asian Expansion**: Won exclusive eVTOL partnerships with Korean Air (10 aircraft) and Japan Airlines, positioning for 2028 Olympics deployments.
- **Aircraft Milestones**: Midnight achieves 55-mile range, 30-minute flight time, and successful CTOL testing; VTOL phase begins.
- **Defense Innovation**: Acquired Lilium IP for hybrid/eVTOL designs; defense program integrates Overair tech for next-gen military VTOL systems.
- **Financial Strength**: $2 billion liquidity; Q3 net loss $130 million (down 37% YoQ); Q4 EBITDA loss guidance $110-140 million.

**【CEO Summary Section】**
- Acquired control of Hawthorne Airport, a strategic hub near LAX, to serve as a testbed for AI-driven air traffic management and a commercial anchor for Los Angeles air taxi operations ahead of the 2028 Olympics.
- Expanded partnerships in Asia-Pacific, including a deal with Korean Air for up to 10 Midnight aircraft and selection by Japan Airlines as its exclusive eVTOL partner for Osaka and Tokyo.
- Midnight aircraft achieved key milestones: 55-mile range, 30-minute flight time, 150+ mph speed, and successful CTOL testing, with VTOL phase nearing completion.
- Raised $650 million in equity, bringing total liquidity to $2 billion, to fund Hawthorne acquisition and strategic growth.

**【CTO Flight Testing & Defense Update】**
- Midnight aircraft completed CTOL testing, with VTOL phase beginning; aircraft now flying faster, higher, and longer to simulate real-world missions.
- Acquired Lilium's 300+ electric aviation patents, enhancing hybrid/eVTOL design capabilities and MOSAIC rule compliance for defense and commercial variants.
- Defense program integrates Overair's composite manufacturing and hybrid propulsion tech, targeting next-gen military VTOL solutions.

**【CFO Financial Summary】**
- Q3 2025 net loss: $130 million (down $76 million YoQ due to warrant revaluation); GAAP operating expenses: $175 million (flat YoQ).
- Adjusted EBITDA loss: $116 million (within $110-130 million guidance).
- Cash used in operations: $126 million (flat YoQ); ended quarter with $1.64 billion in liquidity.
- Q4 2025 guidance: Adjusted EBITDA loss of $110-140 million, excluding $126 million Hawthorne purchase.

**【Q&A Highlights】**
- Hawthorne Airport: EBITDA-positive with potential for tens of millions in revenue; prioritized as a strategic testbed over short-term monetization.
- FAA certification: TIA testing expected to begin late 2025; policy delays caused by government shutdown may delay final certification.
- Manufacturing ramp: Targeting 50 aircraft/year; demand exceeds capacity, with focus on UAE, eIPP, and defense programs.
- Defense program: Hybrid VTOL design for complex missions; potential for multi-billion-dollar contracts with allied nations.

ACHR

ACHR fundamentals

You can ask Aime