Can Archer Aviation cover its short-term obligations?

Its current ratio is 18.06 — current assets exceed current liabilities.

Where does Archer Aviation's balance sheet data come from?

Every line is extracted from Archer Aviation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Archer Aviation ACHR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$1.03B+22.3%	$841.3M+78.4%	$471.5M+552%	$72.3M-90.3%
Short-term investments	$943.2M—	$0—	$0-100%	$461.8M—
Restricted cash	$7.3M+7.4%	$6.8M-1.4%	$6.9M+138%	$2.9M+867%
Prepaid expenses and other current assets	$47.3M+278%	$12.5M+58.2%	$7.9M-19.4%	$9.8M+28.9%
Total current assets	$2.08B+142%	$858.4M+78.8%	$480.2M-12.0%	$545.5M-27.7%
Property and equipment, net	$253.6M+100%	$126.8M+120%	$57.6M+401%	$11.5M+94.9%
Accumulated depreciation	$35.3M+91.8%	$18.4M+95.7%	$9.4M+161%	$3.6M+157%
Operating lease right-of-use assets	4,080,000,000%+3,270,000,000%	810,000,000%-80,000,000%	890,000,000%-300,000,000%	1,190,000,000%+740,000,000%
Goodwill	$100K—	$0—	——	——
Intangible assets, net	$80.2M+26,633%	$300K-25.0%	$400K0.0%	$400K-20.0%
Other non-current assets	$15.1M+98.7%	$7.6M+5.6%	$7.2M+60.0%	$4.5M+66.7%
Total assets	$2.47B+146%	$1B+80.6%	$554.3M-3.4%	$573.8M-25.3%
Accounts payable	$30.2M+107%	$14.6M+2.1%	$14.3M+297%	$3.6M+5.9%
Accrued expenses	$29.7M-43.8%	$52.8M-45.5%	$96.9M+164%	$36.7M+198%
Deferred revenue	$1.3M+44.4%	$900K—	——	——
Current portion of long-term debt	$800K—	$0—	$0-100%	$9.3M-2.1%
Operating lease liabilities, current	$5.3M+43.2%	$3.7M+32.1%	$2.8M-24.3%	$3.7M+19.4%
Contract liabilities	$10M-15.3%	$11.8M+9.3%	$10.8M+8.0%	$10M—
Other current liabilities	$9.2M-14.0%	$10.7M+189%	$3.7M+236%	$1.1M+83.3%
Total current liabilities	$104.4M+46.8%	$71.1M-37.6%	$114M+114%	$53.3M+88.3%
Long-term debt	$79.5M+24.2%	$64M+789%	$7.2M—	$0-100%
Operating lease liabilities, non-current	$36.3M+221%	$11.3M-14.4%	$13.2M+43.5%	$9.2M+667%
Operating Lease Liabilities (Total)	$41.6M+177%	$15M-35.6%	$23.3M+4.0%	$22.4M+421%
Other non-current liabilities	$13M+1.6%	$12.8M-0.8%	$12.9M+17.3%	$11M+2,650%
Total liabilities	$263.1M+5.8%	$248.6M+32.8%	$187.2M+133%	$80.5M+15.8%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	1.4B+1,399,900%	100K—	——	——
Additional paid-in capital	$4.51B+84.9%	$2.44B+60.9%	$1.52B+27.9%	$1.19B+10.5%
Retained earnings	-$2.3B-36.7%	-$1.69B-46.7%	-$1.15B-66.3%	-$690.9M-84.9%
Accumulated other comprehensive income (loss)	-$1.4M-367%	-$300K—	$0+100%	-$800K—
Total stockholders' equity	$2.2B+193%	$752.6M+105%	$367.1M-25.6%	$493.3M-29.4%
Total liabilities and stockholders' equity	$2.47B+146%	$1B+80.6%	$554.3M-3.4%	$573.8M-25.3%
Available For Sale Securities Debt Securities Current	$943.2M—	$0—	$0-100%	$461.8M—
Cash Cash Equivalents And Short Term Investments	——	——	——	——
Other current assets	$56.8M+1,135%	$4.6M+475%	$800K-50.0%	$1.6M+433%
Accumulated Goodwill Impairment Losses	$0—	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$15.1M+98.7%	$7.6M+5.6%	$7.2M+60.0%	$4.5M+66.7%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Finite Lived Intangible Assets - Gross	$81.3M—	——	——	——
Net Investment in Lease	$40.8M+404%	$8.1M-9.0%	$8.9M-25.2%	$11.9M+164%
Intangible assets — net	$80.2M+26,633%	$300K-25.0%	$400K0.0%	$400K-20.0%
Operating lease right-of-use assets	$40.8M+404%	$8.1M-9.0%	$8.9M-25.2%	$11.9M+164%
Other non-current assets	$15.1M+98.7%	$7.6M+5.6%	$7.2M+60.0%	$4.5M+66.7%
Property, plant and equipment at cost	$288.9M+99.0%	$145.2M+117%	$67M+344%	$15.1M+107%
Operating Lease Right-of-Use Assets in Other Assets	$40.8M+404%	$8.1M-9.0%	$8.9M-25.2%	$11.9M+164%
Software and Technology Licenses, Net	$15.1M+98.7%	$7.6M+5.6%	$7.2M+60.0%	$4.5M+66.7%
Accrued Manufacturing Costs	$29.7M+33.8%	$22.2M+32.9%	$16.7M+114%	$7.8M+200%
Accrued Progress Collections and Price Adjustments	$10M-15.3%	$11.8M—	——	——
Compensation and benefits	$29.7M+33.8%	$22.2M+32.9%	$16.7M+114%	$7.8M+200%
Other accrued liabilities	$68.1M+29.0%	$52.8M-45.5%	$96.9M+164%	$36.7M+198%
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——
Professional Service Fees Payable	$14.8M+128%	$6.5M-31.6%	$9.5M-44.8%	$17.2M+149%
Contract Liabilities, Non-Current	$10M-15.3%	$11.8M—	——	——
Debt Maturity - 2024	——	——	——	——
Debt Maturity - 2027	——	——	——	——
Operating Lease Liability Payments - 2026 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2029 (Lessee)	——	——	——	——
Lease Liability Payments - Due After Year Five	——	——	——	——
Operating Lease Liability Payments - Thereafter (Lessee)	——	——	——	——
Deferred revenue, net of current portion	$10M-15.3%	$11.8M—	——	——
Total debt	$121.9M+54.3%	$79M+159%	$30.5M-3.8%	$31.7M+37.2%
Total Carrying Value of Debt	——	——	——	——
Common Stock Par Value Per Share	$0.00—	——	——	——
Common Stock Shares Issued	744M—	——	——	——
Common Stock Shares Outstanding	$12M-41.2%	$20.4M+6.8%	$19.1M+103%	$9.4M-83.2%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Cumulative Gross Losses and Impairments	$0—	——	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$100K0.0%	$100K—	——	——
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Number of Exercisable Options	——	——	——	——
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment Award Options Outstanding - Number	1.6M-23.3%	2.1M-33.3%	3.2M-40.5%	5.3M-43.5%
Unrealized Gains on Investments	$0—	$0—	$0—	$0—
Unrealized Losses on Investments (Before Tax)	$1.3M—	$0—	$0-100%	$800K—
Weighted Average Exercise Price of Exercisable Options	——	——	——	——
Weighted Average Exercise Price of Outstanding Options	$0.14+7.7%	$0.13+8.3%	$0.120.0%	$0.120.0%
Cumulative Cost Basis	$288.9M+99.0%	$145.2M+117%	$67M+344%	$15.1M+107%
Accrued engineering services, parts and materials	$13.1M+4.8%	$12.5M—	——	——
Professional service fees	$14.8M+128%	$6.5M-31.6%	$9.5M-44.8%	$17.2M+149%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$1.3M—	$0—	$0-100%	$800K—
Gross Unrealized Gains	$0—	$0—	$0—	$0—
Fair Value	$1.83B+150%	$729.9M+115%	$339.6M-27.2%	$466.2M—
Cash, Cash Equivalents And Available-for-sale Debt Securities, Amortized Cost	$1.83B+150%	$729.9M+115%	$339.6M-27.3%	$467M—
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1	——	——	——	$0.01—
Common stock, par value (in dollars per share)	$0—	——	——	——
Common stock, shares authorized (in shares)	$1.4B—	——	——	——
Common stock, shares issued (in shares)	$744.05M—	——	——	——
Common Stock, Shares, Outstanding	$744.05M—	——	——	——
Contract with Customer, Liability	$11.3M-11.0%	$12.7M+17.6%	$10.8M+8.0%	$10M—
Long-term debt, gross	——	——	——	——
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$1.1M—	——	——	——
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Gross Carrying Amount	$81.3M—	——	——	——
Goodwill, Gross	$100K—	——	——	——
Goodwill accumulated impairment losses	$0—	——	——	——
Lessee, Leasehold Improvement Allowance	——	——	——	——
Lessee Operating Lease Liability Payments Due	——	——	——	——
Lessee, Operating Lease, Liability, to be Paid, Net	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——
2028	——	——	——	——
2029	——	——	——	——
2030	——	——	——	——
2027	——	——	——	——
Remainder of 2026	——	——	——	——
Thereafter	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	——	——	——	——
Other	$9.2M-14.0%	$10.7M+189%	$3.7M+236%	$1.1M+83.3%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$47.3M+278%	$12.5M+58.2%	$7.9M-19.4%	$9.8M+28.9%
Number of conditional purchased aircraft	——	——	——	——
Option to purchase of additional aircraft	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$1.62M-23.3%	$2.12M-33.3%	$3.17M-40.5%	$5.34M-43.5%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$0.14+7.7%	$0.13+8.3%	$0.120.0%	$0.120.0%
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	$12M-41.2%	$20.4M+6.8%	$19.1M+103%	$9.4M-83.2%
Warrant liabilities	$29.9M-66.6%	$89.4M+124%	$39.9M+470%	$7M-76.9%
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Can Archer Aviation cover its short-term obligations?: Its current ratio is 18.06 — current assets exceed current liabilities.
Where does Archer Aviation's balance sheet data come from?: Every line is extracted from Archer Aviation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.