A company still losing money, with high risk. Institutions are adding.
Going well
Little debt
Watch out for
Exchange listing notice (a delisting warning or a move to another exchange)
Losing money, losses are large next to sales
3 offering filings in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Institutions added 5.5% to their holdings in the quarter ending June 2026 (244 bought, 223 sold)
Held by Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.94+0.8% that day
Company value
$3.0B
Share price times all shares
Cash vs value
28%
Cash as a share of company value
Debt vs value
3%
Debt as a share of company value
From ACHR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$5.0M
Sep '23Tap a barJun '26
What the price assumes
Your guesses, our math
Move the sliders to your own view of ACHR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$0M
Profit in 5 years$0M
Price these guesses point to$0.00-100% vs $3.94 todayAbout -84% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-41.8%
PassDebt under half of equityNot relying on borrowed money.0.04x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$511.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+159.6% in 3 years
Revenue
$300K
Total debt
$80.3M
0.04x equity
Current ratio
19.89x
short-term assets / bills due
Free cash flow
-$511.7M
-170566.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 10
Revenue
$5.0M
EPS
-$0.34
vs -$0.36
Op. margin
-5584.0%
Free cash flow
-$193.5M
Share count
+35.0%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+5.5%
Institutions added 5.5% to their holdings. 244 bought, 223 sold.
Shares held by institutions394.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+37.4%
Cash runwayAt last year's cash burn
24 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $80.1M debt
Shares outstandingLatest reported
770M
Why high risk
Losing money, losses are large next to sales
3 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)