New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026)
New Horizon Aircraft's (HOVR) quarterly Operating Expenses came in at $3.5 million in Q2 2026, up 22.73% YoY from $2.9 million in Q2 2025, and down 35.97% on a QoQ basis from $5.5 million in Q1 2026.
New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026) Analysis & Trends
New Horizon Aircraft (HOVR) has 4 years of Operating Expenses data on file, last reported at $3.5 million in Q2 2026.
- Quarterly Operating Expenses rose 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 (up 75.14% YoY) and the FY2026 annual result came in at $17.1 million, up 75.47% from the prior year.
- Operating Expenses retreated to $3.5 million in Q2 2026, from $5.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.5 million in Q1 2026 to a low of $130269.0 in Q1 2023.
- A 4-year average of $2.0 million and a median of $1.8 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 593.19% — and 2026, when it grew 22.73%.
- Tracing HOVR's Operating Expenses over 4 years: stood at $627817.0 in 2023, then jumped by 279.46% to $2.4 million in 2024, then soared by 53.96% to $3.7 million in 2025, then declined by 3.66% to $3.5 million in 2026.
- The last three Operating Expenses figures came in at $3.5 million (Q2 2026), $5.5 million (Q1 2026), and $3.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | New Horizon Aircraft | 79.21 Mn | 79.21 Mn | - | 3.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |