StocksMediumUpdated×4•Originally published 9 November 2026•Updated 10 November 2026•
1 min read
Archer Aviation Secures FAA Approval for Los Angeles Operations
Key Facts
1Archer Aviation reported a Q3 loss per share that missed analyst estimates by 2 cents.
2The company's revenue for the same fiscal period exceeded market expectations.
Archer Aviation received an FAA Special Airworthiness Certificate to commence flight operations in Los Angeles. The company is also nearing the completion of its acquisition of Boeing's Wisk, Insitu, and SkyGrid business units.
Archer Aviation reported a net loss of $274.6 million for the third quarter of 2026, as operating expenses rose to $294.3 million. The loss per share of $0.24 beat analyst estimates of a $0.25 loss, while revenue reached $5.1 million. ACHR closed at $4.44 on November 6, 2026.