New Horizon Aircraft (HOVR) EBIT (2023 - 2026)

New Horizon Aircraft (HOVR) posted EBIT of -$3.5 million for Q2 2026, up 35.97% on a QoQ basis from -$5.5 million in Q1 2026, and down 22.73% year-over-year from -$4.6 million in Q2 2025.

New Horizon Aircraft (HOVR) EBIT (2023 - 2026) Analysis & Trends

New Horizon Aircraft's EBIT history runs 4 years deep, the most recent figure standing at -$3.5 million for Q2 2026.

  • Quarterly EBIT fell 22.73% year-over-year to -$3.5 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$17.0 million (down 75.14% YoY) and the FY2026 annual result came in at -$17.1 million, down 75.47% from the prior year.
  • EBIT was -$3.5 million for Q2 2026 at New Horizon Aircraft, up from -$5.5 million in the prior quarter.
  • Across five years, EBIT topped out at -$130269.0 in Q1 2023 and bottomed at -$5.5 million in Q1 2026.
  • A 4-year average of -$2.0 million and a median of -$1.8 million in 2024 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2024 — EBIT plunged 593.19% — and 2026, when it retreated 22.73%.
  • New Horizon Aircraft's EBIT stood at -$627817.0 in 2023, then slumped by 279.46% to -$2.4 million in 2024, then sank by 53.96% to -$3.7 million in 2025, then increased by 3.66% to -$3.5 million in 2026.
  • Business Quant data shows HOVR's EBIT at -$3.5 million in Q2 2026, -$5.5 million in Q1 2026, and -$3.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 General Electric 372.79 Bn 363.45 Bn -3.10 Bn -13.96 Bn
2 Rtx 287.75 Bn 279.45 Bn 9.91 Bn 2.81 Bn
3 Boeing 168.20 Bn 148.18 Bn 2.41 Bn 156.00 Mn
4 Lockheed Martin 132.24 Bn 128.45 Bn 2.45 Bn 2.48 Bn
5 Howmet Aerospace 112.64 Bn 110.21 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 102.41 Bn 98.08 Bn 6.76 Bn 1.46 Bn
7 Northrop Grumman 75.82 Bn 73.52 Bn 3.72 Bn 1.10 Bn
8 TransDigm 72.64 Bn 68.76 Bn 1.51 Bn 1.18 Bn
9 L3Harris Technologies 50.81 Bn 50.22 Bn 1.40 Bn 652.00 Mn
10 New Horizon Aircraft 73.61 Mn 73.61 Mn - -3.53 Mn

Historic Data

Download Data
DateValue
May 31, 2026 -3.53 Mn
Feb 28, 2026 -5.52 Mn
Nov 30, 2025 -3.67 Mn
Aug 31, 2025 -4.31 Mn
May 31, 2025 -2.88 Mn
Feb 28, 2025 -2.49 Mn
Nov 30, 2024 -2.38 Mn
Aug 31, 2024 -1.98 Mn
May 31, 2024 -1.59 Mn
Feb 29, 2024 -936,572.71
Dec 31, 2023 -627,817.00
Nov 30, 2023 -603,692.10
Sep 30, 2023 -612,468.00
Aug 31, 2023 -284,988.14
Jun 30, 2023 -295,817.00
Mar 31, 2023 -130,269.00