New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026)

New Horizon Aircraft (HOVR) has reported Operating Expenses for 4 consecutive years, with $3.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 22.73% year-over-year to $3.5 million; the trailing twelve-month figure through May 2026 stood at $17.0 million (up 75.14% YoY), and the FY2026 full-year result was $17.1 million, up 75.47% from the prior year.
• Operating Expenses declined to $3.5 million in Q2 2026 per HOVR's latest filing, from $5.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $5.5 million in Q1 2026 and bottomed at $130269.0 in Q1 2023.
• Historically, Operating Expenses has averaged $2.0 million across 4 years, with a median of $1.8 million in 2024.
• The sharpest annual moves came in 2024 and 2026: Operating Expenses soared 593.19% in 2024, then increased 22.73% in 2026.
• Over 4 years, Operating Expenses stood at $627817.0 in 2023, then soared by 279.46% to $2.4 million in 2024, then surged by 53.96% to $3.7 million in 2025, then retreated by 3.66% to $3.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $3.5 million, $5.5 million, and $3.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.