New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026)
New Horizon Aircraft (HOVR) reported Operating Expenses of $6.49 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 50.6% from $4.31 million a year earlier and up 83.7% from the prior quarter.
New Horizon Aircraft (HOVR) Operating Expenses (2023 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, New Horizon Aircraft's Operating Expenses came in at $19.21 million, up 59.4% year-over-year; for FY2026 (ended May 31, 2026), it was $17.02 million, up 74.8% from FY2025.
- Operating Expenses has a four-year compound annual growth rate of 565.3% (FY2022 to FY2026).
- By fiscal year, Operating Expenses came in at $9.74 million in FY2025 (+184.6%), $3.42 million in FY2024, $1.67 million in FY2023 and $8,687 in FY2022.
- The fiscal Q1 2027 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q1 2024.
- Year over year, Operating Expenses has now increased in each of the last nine quarters, with growth averaging 113.6% 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 Q1 2027 came in at $3.53 million (Q4 2026), $5.52 million (Q3 2026) and $3.67 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 305.96 Bn | 264.47 Bn | 5.02 Bn | 11.75 Bn |
| 2 | Rtx | 258.78 Bn | 227.05 Bn | 5.81 Bn | 21.79 Bn |
| 3 | Boeing | 152.08 Bn | 58.77 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 127.01 Bn | 113.73 Bn | 2.45 Bn | - |
| 5 | General Dynamics | 93.41 Bn | 80.52 Bn | 2.18 Bn | 12.63 Bn |
| 6 | Howmet Aerospace | 83.06 Bn | 78.66 Bn | 951.00 Mn | 156.00 Mn |
| 7 | Motorola Solutions | 77.59 Bn | 73.94 Bn | 1.68 Bn | 756.00 Mn |
| 8 | Northrop Grumman | 76.72 Bn | 64.17 Bn | 2.35 Bn | 9.85 Bn |
| 9 | Honeywell International | 68.15 Bn | 20.27 Bn | 3.65 Bn | 1.87 Bn |
| 10 | New Horizon Aircraft | 88.94 Mn | -49.93 Mn | - | 6.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 6.49 Mn |
| 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 |
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();