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

New Horizon Aircraft (HOVR) reported Operating Income of -$5.5 million for Q1 2026, down 122.05% on a YoY basis from $25.0 million in Q1 2025, and down 50.46% quarter-over-quarter from -$3.7 million in Q4 2025.

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

New Horizon Aircraft has reported Operating Income for 4 years, with the latest figure at -$5.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 122.05% year-over-year to -$5.5 million; the trailing twelve-month figure through Feb 2026 stood at -$16.4 million (down 94.26% YoY), and the FY2025 full-year result was -$9.7 million, down 184.35% from the prior year.
  • Operating Income for Q1 2026 stood at -$5.5 million, down from -$3.7 million in the prior quarter.
  • The five-year high for Operating Income was -$130269.0 in Q1 2023, with the low at -$5.5 million in Q1 2026.
  • Historically, Operating Income has averaged -$1.9 million across 4 years, with a median of -$1.6 million in 2024.
  • Annual changes were most pronounced in 2024 — Operating Income sank 593.19% — and 2025, when it tumbled 53.96%.
  • New Horizon Aircraft's Operating Income stood at -$627817.0 in 2023, then plunged by 279.46% to -$2.4 million in 2024, then tumbled by 53.96% to -$3.7 million in 2025, then tumbled by 50.46% to -$5.5 million in 2026.
  • The last three Operating Income figures came in at -$5.5 million (Q1 2026), -$3.7 million (Q4 2025), and -$4.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -1.39 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -1.07 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 2.56 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 448.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 2.06 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 753.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 1.42 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 989.00 Mn
10 New Horizon Aircraft 67.64 Mn 67.64 Mn - -5.52 Mn

Historic Data

Download Data
DateValue
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