New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026)
New Horizon Aircraft (HOVR) posted Operating Expenses of $3.5 million for Q2 2026, down 35.97% on a QoQ basis from $5.5 million in Q1 2026, and up 22.73% year-over-year from $2.9 million in Q2 2025.
New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026) Analysis & Trends
New Horizon Aircraft's Operating Expenses history runs 4 years deep, the most recent figure standing at $3.5 million for 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 was $3.5 million for Q2 2026 at New Horizon Aircraft, down 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.
- 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 gained 22.73%.
- New Horizon Aircraft's 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.
- Business Quant data shows HOVR's Operating Expenses at $3.5 million in Q2 2026, $5.5 million in Q1 2026, and $3.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.10 Bn | 364.75 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 290.22 Bn | 281.92 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 168.50 Bn | 148.47 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 133.34 Bn | 129.55 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 113.40 Bn | 110.96 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 103.29 Bn | 98.96 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 76.60 Bn | 74.29 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 73.05 Bn | 69.17 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 51.78 Bn | 51.19 Bn | 1.40 Bn | 750.00 Mn |
| 10 | New Horizon Aircraft | 72.75 Mn | 72.75 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 |