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

New Horizon Aircraft (HOVR) has reported Operating Expenses for 4 consecutive years, with $5.5 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $5.5 million, up 122.05% year-over-year; the trailing twelve-month figure through Feb 2026 was $16.4 million (up 94.26% YoY), and the FY2025 annual result was $9.7 million, up 184.35% from the prior year.
• Operating Expenses was $5.5 million for Q1 2026 at New Horizon Aircraft, up from $3.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $5.5 million in Q1 2026 and troughed at $130269.0 in Q1 2023.
• Average Operating Expenses over 4 years is $1.9 million, with a median of $1.6 million recorded in 2024.
• Year-over-year, Operating Expenses jumped 593.19% in 2024 and jumped 53.96% in 2025.
• Over 4 years, Operating Expenses stood at $627817.0 in 2023, then jumped by 279.46% to $2.4 million in 2024, then soared by 53.96% to $3.7 million in 2025, then jumped by 50.46% to $5.5 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $5.5 million in Q1 2026, $3.7 million in Q4 2025, and $4.3 million in Q3 2025.