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| 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 |