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

New Horizon Aircraft (HOVR) posted Operating Income of -$3.5 million for Q2 2026, up 35.97% on a QoQ basis from -$5.5 million in Q1 2026, and down 22.73% year-over-year from -$4.6 million in Q2 2025.

New Horizon Aircraft (HOVR) Operating Income (2023 - 2026) Analysis & Trends

New Horizon Aircraft's Operating Income history runs 4 years deep, the most recent figure standing at -$3.5 million for Q2 2026.

  • Quarterly Operating Income fell 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 (down 75.14% YoY) and the FY2026 annual result came in at -$17.1 million, down 75.47% from the prior year.
  • Operating Income was -$3.5 million for Q2 2026 at New Horizon Aircraft, up from -$5.5 million in the prior quarter.
  • Across five years, Operating Income topped out at -$130269.0 in Q1 2023 and bottomed at -$5.5 million in Q1 2026.
  • A 4-year average of -$2.0 million and a median of -$1.8 million in 2024 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2024 — Operating Income plunged 593.19% — and 2026, when it retreated 22.73%.
  • New Horizon Aircraft's Operating Income stood at -$627817.0 in 2023, then slumped by 279.46% to -$2.4 million in 2024, then sank by 53.96% to -$3.7 million in 2025, then increased by 3.66% to -$3.5 million in 2026.
  • Business Quant data shows HOVR's Operating Income 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) Op. Inc (Qtr)
1 General Electric 370.79 Bn 361.44 Bn -3.10 Bn -13.96 Bn
2 Rtx 287.17 Bn 278.86 Bn 9.91 Bn 2.81 Bn
3 Boeing 168.70 Bn 148.68 Bn 2.41 Bn 156.00 Mn
4 Lockheed Martin 131.80 Bn 128.01 Bn 2.45 Bn 2.48 Bn
5 Howmet Aerospace 112.14 Bn 109.71 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 101.91 Bn 97.58 Bn 6.76 Bn 1.46 Bn
7 Northrop Grumman 75.39 Bn 73.08 Bn 3.72 Bn 1.10 Bn
8 TransDigm 72.38 Bn 68.50 Bn 1.51 Bn 1.18 Bn
9 L3Harris Technologies 50.57 Bn 49.98 Bn 1.40 Bn 652.00 Mn
10 New Horizon Aircraft 72.10 Mn 72.10 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