What is Archer Aviation's R&D?

Archer Aviation (ACHR) reported R&D of $171.7M in Q1 2026.

How has Archer Aviation's R&D changed year-over-year?

Archer Aviation's R&D increased by 65.6% year-over-year, from $103.7M to $171.7M.

What is the long-term trend for Archer Aviation's R&D?

Over 4 years (2021 to 2025), Archer Aviation's R&D has grown at a 66.5% compound annual growth rate (CAGR), from $64.3M to $493.9M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Archer Aviation ACHR R&D

R&D at other companies

Uber TechnologiesUBER

$951M+16.7%

Beta Technologies BETA

$91.74M+58.5%

Joby AviationJOBY

$177.47M+32.2%

AstronicsATRO

$12.09M+9.2%

BoeingBA

$903M+7.0%

Curtiss-WrightCW

$24.18M+5.1%

Other financials

Income statement

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Revenue$1.6M—

Gross profit$300.0K—

Operating income-$254.6M-76.8%

Net income-$217.7M-133%

EPS (diluted)-$0.28-64.7%

Balance sheet

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Cash & equivalents$958.4M-7.6%

Total debt$121.8M+55.6%

Total equity$2.1B+106%

Total assets$2.3B+91.2%

Cash flow

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Operating cash flow-$149.1M-57.6%

CapEx$32.6M+226%

Free cash flow-$181.7M-73.7%

Valuation

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Market cap$4.25B+0.5%

Enterprise value$3.41B+4.9%

P/S2,655.7×—

Profitability

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Gross margin18.8%—

Operating margin-52,493.8%—

Net margin-46,406.3%—

FCF margin-36,800%—

Returns & leverage

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Return on equity-48%-12.4pp

Debt / equity0.1×0.0×

Current ratio18.1×+2.3×

Where this comes from

Reported directly by Archer Aviation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Archer Aviation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Archer Aviation's R&D?: Archer Aviation (ACHR) reported R&D of $171.7M in Q1 2026.
How has Archer Aviation's R&D changed year-over-year?: Archer Aviation's R&D increased by 65.6% year-over-year, from $103.7M to $171.7M.
What is the long-term trend for Archer Aviation's R&D?: Over 4 years (2021 to 2025), Archer Aviation's R&D has grown at a 66.5% compound annual growth rate (CAGR), from $64.3M to $493.9M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.