Archer Aviation - Q1 2026 Earnings $ACHR 6.62 [+1.15% AH] Revenue: $1.6M (vs $1.6M YoY) Adjusted EBITDA: -$172.5M Net Loss: -$217.7M (vs -$93.4M YoY) Additional Metrics: Operating Expenses: $256.2M [+78% YoY] Cash & Short-Term Investments: $1.78B Q2 Guidance: Adjusted EBITDA: -$170M to -$200M Strategic Updates: - US operations expected to begin this year under the White House’s eVTOL Integration Pilot Program (eIPP) and in preparation for LA28 Olympic Games - Advanced commercial readiness with expanded piloted flight test program and operations of Hawthorne Airport in LA - Record FAA certification progress as the first to close Phase 3 of the FAA’s 4-phase Type Certification process for eVTOL aircraft* - Significant progress on dual-use, hybrid, autonomous aircraft with phased program awards expected later this year - Rapidly advancing AI stack through partnerships with NVIDIA, Palantir, and Starlink amid the DOT’s ~$20B ATC modernization effort - Ended Q1 2026 with strong liquidity of ~$1.8B and spending in line with guidance