In Q4'25, Archer Aviation (ACHR) reported a net income of -$189M USD, reflecting a continued quarterly loss amid ongoing operational investments in its eVTOL development. This marks a slight year-over-year improvement, with a 4.6% change indicating marginally reduced losses compared to the prior year. Over the period from Q1'23 to Q4'25, net income has remained consistently negative, fluctuating between -$51M USD in Q3'23 (the least severe loss) and -$206M USD in Q2'25, with an overall trend of volatility driven by R&D and scaling expenses in the aerospace sector. Year-over-year comparisons show mixed results, including improvements in Q3'23 (+43.3%), Q2'24 (+41.9%), Q1'25 (+19.8%), and Q4'25 (+4.6%), but deteriorations in quarters like Q2'23 (-157%) and Q3'24 (-123%), underscoring the company's path toward potential profitability amid persistent deficits.