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

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.

Earnings Call History

EarningsCalls.dev has 22 Archer Limited earnings call transcripts on record, spanning February 14, 2020 to May 19, 2026. Based on this history, Archer Limited reports quarterly. The most recent call on file is dated May 19, 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

22

First call

February 14, 2020

Most recent

May 19, 2026

Reporting cadence

quarterly