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

New Horizon Aircraft has reported Operating Expenses for 4 years, with the latest figure at $5.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 122.05% year-over-year to $5.5 million; the trailing twelve-month figure through Feb 2026 stood at $16.4 million (up 94.26% YoY), and the FY2025 full-year result was $9.7 million, up 184.35% from the prior year.
• Operating Expenses for Q1 2026 stood at $5.5 million, up from $3.7 million in the prior quarter.
• The five-year high for Operating Expenses was $5.5 million in Q1 2026, with the low at $130269.0 in Q1 2023.
• Historically, Operating Expenses has averaged $1.9 million across 4 years, with a median of $1.6 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses surged 593.19% — and 2025, when it surged 53.96%.
• New Horizon Aircraft's Operating Expenses 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 jumped by 50.46% to $5.5 million in 2026.
• The last three Operating Expenses figures came in at $5.5 million (Q1 2026), $3.7 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.