New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026)
New Horizon Aircraft (HOVR) reported Operating Expenses of $3.53 million for fiscal Q4 2026 (quarter ended May 31, 2026), up 22.7% from $2.88 million a year earlier but down 36.0% from the prior quarter.
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Analysis
New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), New Horizon Aircraft posted Operating Expenses of $17.09 million, up 75.5% from FY2025.
- Operating Expenses has a four-year compound annual growth rate of 566.0% (FY2022 to FY2026).
- By fiscal year, Operating Expenses came in at $9.74 million in FY2025 (+187.0%), $3.39 million in FY2024, $1.67 million in FY2023 and $8,687 in FY2022.
- Five-year quarterly Operating Expenses spans a low of $284,988 in fiscal Q1 2024 and a high of $5.52 million in fiscal Q3 2026.
- Year over year, Operating Expenses has now increased in each of the last eight quarters, with growth averaging 181.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 22.7% (fiscal Q4 2026) to 593.2% (fiscal Q1 2025).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $5.52 million (Q3 2026), $3.67 million (Q2 2026) and $4.31 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 10.86 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 21.96 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 12.63 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 756.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 9.78 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.87 Bn |
| 10 | New Horizon Aircraft | 109.13 Mn | 109.13 Mn | - | 3.53 Mn |
Historic Data
Download Data
Historic 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 |
API Access
New Horizon Aircraft Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HOVR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HOVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HOVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();