New Horizon Aircraft (HOVR) Research & Development (2023 - 2026)
New Horizon Aircraft's (HOVR) quarterly Research & Development came in at $2.6 million in Q2 2026, up 49.44% YoY from $1.8 million in Q2 2025, and down 15.02% on a QoQ basis from $3.1 million in Q1 2026.
New Horizon Aircraft (HOVR) Research & Development (2023 - 2026) Analysis & Trends
New Horizon Aircraft (HOVR) has 4 years of Research & Development data on file, last reported at $2.6 million in Q2 2026.
- Quarterly Research & Development rose 49.44% year-over-year to $2.6 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $9.6 million (up 268.53% YoY) and the FY2026 annual result came in at $9.6 million, up 267.56% from the prior year.
- Research & Development slipped to $2.6 million in Q2 2026, from $3.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.1 million in Q1 2026 to a low of $108745.5 in Q3 2023.
- A 4-year average of $1.1 million and a median of $310233.5 in 2024 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 905.4% in 2026, down 49.44% in 2026.
- Tracing HOVR's Research & Development over 4 years: stood at $160447.3 in 2023, then soared by 93.65% to $310701.8 in 2024, then soared by 501.65% to $1.9 million in 2025, then surged by 41.58% to $2.6 million in 2026.
- The last three Research & Development figures came in at $2.6 million (Q2 2026), $3.1 million (Q1 2026), and $1.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 460.00 Mn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | - |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | - |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 208.69 Mn |
| 10 | New Horizon Aircraft | 80.28 Mn | 80.28 Mn | - | 2.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.65 Mn |
| Feb 28, 2026 | 3.11 Mn |
| Nov 30, 2025 | 1.87 Mn |
| Aug 31, 2025 | 1.98 Mn |
| May 31, 2025 | 1.77 Mn |
| Feb 28, 2025 | 309,765.25 |
| Nov 30, 2024 | 310,701.80 |
| Aug 31, 2024 | 216,905.75 |
| May 31, 2024 | 179,821.82 |
| Feb 29, 2024 | 200,853.56 |
| Nov 30, 2023 | 160,447.29 |
| Aug 31, 2023 | 108,745.48 |