Archer Limited (ARCH) Earnings Call Transcripts
Archer Limited's Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Archer Limited reported revenue of $278 million, a 7% decline year-over-year, primarily due to the divestment of its Argentina workover business. However, excluding this divestment, revenue increased by approximately 15%. EBITDA was reported at $37.2 million, consistent with the prior year, while adjusted EBITDA rose to $41.1 million, reflecting solid underlying growth. Management maintained guidance for single-digit EBITDA growth for the year, with expectations of 10% to 20% higher EBITDA in the second half compared to the first half, signaling a positive outlook despite the recent divestitures.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $278 million (miss) |
| Adjusted EBITDA | $41.1 million (beat) |
| EBITDA Margin | 13.4% (positive) |
| Net Profit | $3.6 million (beat) |
| Backlog | $3.4 billion (positive) |
| CapEx | 6% to 7% of revenue (neutral) |
Guidance from management
Management expects single-digit EBITDA growth for 2026, with margin expansion of 2 to 4 percentage points. They anticipate EBITDA in the second half to be 10% to 20% higher than the first half due to project timing adjustments.
What analysts pressed on
Analysts expressed concerns regarding the impact of the divestment of the low-margin workover business on future earnings. There were also questions about the operational challenges faced in Brazil and the timing of project start-ups affecting second-half performance.
Main topics on the call
- Revenue Performance — Archer reported Q1 2026 revenue of $278 million, down 7% YoY due to divestments. Excluding the Argentina workover business, revenue increased by about 15%, highlighting strong underlying business performance.
- EBITDA Stability — The company reported EBITDA of $37.2 million, in line with the previous year, and adjusted EBITDA of $41.1 million, indicating a 12% increase when excluding divested operations. This reflects resilience in core operation...
- Backlog Growth — Archer's backlog stands at $3.4 billion, with $420 million in new contract value added year-to-date. This growth is supported by long-term contracts and strong counterparties, enhancing revenue visibility.
- Shareholder Returns — The company continued its shareholder return program with a distribution of $6.4 million in Q1 and approved an additional $6.6 million for Q2, reflecting a commitment to returning capital to shareholders.
Read the full Archer Limited transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Archer Limited
Archer Limited (ARCH) is a publicly listed company in the Energy Equipment and Services industry, within the Energy sector. It trades on OB and is based in NO. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 48 calls on record spanning February 6, 2020 to October 21, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 48 Archer Limited earnings call transcripts on record, spanning February 6, 2020 to October 21, 2026. Based on this history, Archer Limited reports quarterly. The most recent call on file is dated October 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- ARCH
- Exchange
- OB
- Country
- NO
- Sector
- Energy
- Industry
- Energy Equipment and Services
- Calls on record
- 48
- First call
- February 6, 2020
- Most recent
- October 21, 2026
- Reporting cadence
- quarterly