ACHR, ACHR-WT · CIK 0001824502 · operating
# Archer Aviation Inc. (ACHR-WT)
Based in Palo Alto, California, Archer Aviation develops electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility applications. The company is focused on designing and commercializing a four-passenger aircraft intended for use in metropolitan transportation networks, targeting routes typically associated with ground congestion.
Archer's primary business centers on aircraft development and certification. The company is pursuing Federal Aviation Administration (FAA) approval for its flagship eVTOL model while establishing partnerships with operators and infrastructure providers to support eventual commercial deployment. The organization has engaged with regional partners and potential customers to develop route networks and operational frameworks.
The company operates as a development-stage enterprise with manufacturing and operations in California. Archer Aviation is a publicly traded entity on the New York Stock Exchange, having completed its listing through a merger with a special purpose acquisition company in 2021.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-1.42 | $-1.42 | +16.0% | |
| 2023 | $-1.69 | $-1.69 | -28.0% | |
| 2022 | $-1.32 | $-1.32 | +58.0% | |
| 2021 | $-3.14 | $-3.14 | — | |
| 2020 | — | — | — |