Archer Aviation Q4 2025 results, record $2.0B cash

Record $2.0B cash and first 100% FAA eVTOL milestone keep Archer on track for piloted US/UAE air taxis, with passenger flights targeted in 2026.

Published on Mar. 2, 2026

Archer Aviation Inc. today announced operating and financial results for the fourth quarter and full year ended December 31, 2025. The company reported record liquidity of ~$2.0B, becoming the first to achieve 100% FAA acceptance of its eVTOL aircraft's Means of Compliance, and expanding its defense and powertrain opportunities. Archer is on track for piloted vertical take-off and landing operations in the US and UAE, with plans to deliver its first passenger-carrying flights in 2026.

Why it matters

Archer's strong financial position and key regulatory milestones keep the company on pace to launch its piloted air taxi services in the US and UAE, marking a significant step forward in the commercialization of eVTOL technology. The company's expanded defense and powertrain offerings also demonstrate the versatility of its proprietary technologies.

The details

Archer ended 2025 with record liquidity of ~$2.0B, a $1.13B increase from 2024. The company achieved 100% FAA acceptance of its Midnight eVTOL aircraft's Means of Compliance, unlocking its ability to finalize certification plans with the FAA. Archer is growing its Midnight fleet and expanding flight tests to support piloted VTOL operations as part of the White House's eVTOL Integration Pilot Program and its UAE commercial launch. The company also announced new defense and powertrain opportunities, including a hybrid-electric VTOL aircraft with Anduril and a powertrain deal with Anduril and UAE's EDGE Group.

  • Archer ended FY'25 with ~$2.0 billion in liquidity.
  • Archer became the first company to achieve 100% FAA acceptance of its eVTOL aircraft's Means of Compliance.
  • Archer is on track for piloted vertical take-off and landing operations as part of the White House's eVTOL Integration Pilot Program later this year.
  • Archer is targeting its first passenger-carrying flights in 2026.

The players

Archer Aviation Inc.

An American aerospace company developing electric vertical take-off and landing (eVTOL) aircraft for urban air mobility.

Adam Goldstein

Founder and CEO of Archer Aviation.

Anduril

A defense technology company that Archer is partnering with on a dual-use, hybrid-electric VTOL aircraft program and powertrain sales.

EDGE Group

A UAE-based advanced technology group that Archer is partnering with on powertrain sales.

GKN

A UK-based engineering company that Archer is collaborating with at its new UK engineering hub in Bristol.

Got photos? Submit your photos here. ›

What they’re saying

“Everything we've built over the past seven years is converging, and our strategy is paying off in ways the market is only beginning to understand.”

— Adam Goldstein, Founder and CEO (Archer)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

Archer's strong financial position, key regulatory milestones, and expanded defense and powertrain opportunities demonstrate the company's progress in commercializing eVTOL technology and positioning itself as a leader in the urban air mobility market.