New Horizon Aircraft (HOVR) Research & Development (2023 - 2026)
New Horizon Aircraft (HOVR) posted Research & Development of $2.6 million for Q2 2026, down 15.02% on a QoQ basis from $3.1 million in Q1 2026, and up 49.44% year-over-year from $1.8 million in Q2 2025.
New Horizon Aircraft (HOVR) Research & Development (2023 - 2026) Analysis & Trends
New Horizon Aircraft's Research & Development history runs 4 years deep, the most recent figure standing at $2.6 million for 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 was $2.6 million for Q2 2026 at New Horizon Aircraft, down from $3.1 million in the prior quarter.
- Across five years, Research & Development topped out at $3.1 million in Q1 2026 and bottomed at $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.
- Peak annual rise in Research & Development reached 905.4% in 2026, while the deepest fall reached 49.44% in 2026.
- New Horizon Aircraft's Research & Development stood at $160447.3 in 2023, then surged by 93.65% to $310701.8 in 2024, then surged by 501.65% to $1.9 million in 2025, then jumped by 41.58% to $2.6 million in 2026.
- Business Quant data shows HOVR's Research & Development at $2.6 million in Q2 2026, $3.1 million in Q1 2026, and $1.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 460.00 Mn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | - |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | - |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | - |
| 10 | New Horizon Aircraft | 72.30 Mn | 72.30 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 |