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
DateValue
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