Archer (ARCH) Q3 2026 earnings summary

Executive summary

• Q3 revenue was $263.8M, down from $299.8M YoY; operating profit was $21.4M vs. $23.8M, and net income was $6.2M vs. $7.1M.

• 9M revenue was $804.9M vs. $895.6M; operating profit rose to $61.1M from $57.5M, and net income was $9.9M vs. a $18.9M loss.

Financial highlights

• Q3 total revenue and income was $263.8M vs. $299.8M YoY; 9M total was $804.9M vs. $895.6M.

• Q3 net interest expense was $14.4M vs. $15.1M; 9M expense fell to $41.5M from $67.1M.

• 9M operating cash flow was $37.1M; investing cash flow was $(59.7)M and financing cash flow was $3.7M.

Outlook and guidance

• YPF awarded a three-year Vaca Muerta drilling contract with a two-year extension option, worth an estimated $100–110M over five years.

• Vista awarded a two-year Vaca Muerta contract with a one-year extension option, worth an estimated $35–40M over three years.

• A Brunei partnership with AMRTUR will support an initial five-year slickline contract with a major operator.

• Shareholder distributions were temporarily paused; strategic options for Archer Wind, including partial or full divestment, are under evaluation.