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

New Horizon Aircraft (HOVR) has 4 years of Operating Expenses data on file, last reported 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.
• Across five years, Operating Expenses topped out at $5.5 million in Q1 2026 and bottomed at $130269.0 in Q1 2023.
• The 4-year median for Operating Expenses is $1.6 million (2024), against an average of $1.9 million.
• The widest annual swing landed in 2024, when Operating Expenses surged 593.19%; it then surged 53.96% in 2025.
• A 4-year view of Operating Expenses shows it stood at $627817.0 in 2023, then surged by 279.46% to $2.4 million in 2024, then jumped by 53.96% to $3.7 million in 2025, then surged 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.

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