Archer reported Q4 2025 revenue of USD 309 million (+3%) and EBITDA of USD 44.5 million (+14%). For FY 2025, Archer posted revenue of USD 1.2 billion (+8%) and EBITDA of USD 166.5 million (+12%), and said year-end net interest-bearing debt was USD 426 million. Archer also distributed USD 6.1 million to shareholders in Q4 and approved a USD 6.4 million distribution to be paid in Q1 2026. During the period, Archer highlighted a USD 600 million five-year contract with YPF to provide seven high-spec drilling rigs in Vaca Muerta and a contract with NEO NEXT Energy to deploy a P&A unit to the UK, alongside extensions of platform drilling contracts in the UK and Norway. Archer said it converted its reporting from US GAAP to IFRS starting in Q4 2025, and subsequently finalized the sale of its workover business in southern Argentina, which it said represented about 12% of 2025 revenue and historically had an EBITDA margin below 5%, triggering a non-cash write-down of about USD 20 million.

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