New Horizon Aircraft (HOVR) Operating Income (2023 - 2026)
New Horizon Aircraft's (HOVR) quarterly Operating Income came in at -$3.5 million in Q2 2026, down 22.73% YoY from -$4.6 million in Q2 2025, and up 35.97% on a QoQ basis from -$5.5 million in Q1 2026.
New Horizon Aircraft (HOVR) Operating Income (2023 - 2026) Analysis & Trends
New Horizon Aircraft (HOVR) has 4 years of Operating Income data on file, last reported at -$3.5 million in 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 rose to -$3.5 million in Q2 2026, from -$5.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$130269.0 in Q1 2023 to a low of -$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 sank 593.19% — and 2026, when it dropped 22.73%.
- Tracing HOVR's Operating Income over 4 years: 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 climbed by 3.66% to -$3.5 million in 2026.
- The last three Operating Income figures came in at -$3.5 million (Q2 2026), -$5.5 million (Q1 2026), and -$3.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | -3.91 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 2.81 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 1.46 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 1.10 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 1.23 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 46.78 Mn |
| 10 | New Horizon Aircraft | 80.28 Mn | 80.28 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 |