New Horizon Aircraft (HOVR) Research & Development (2023 - 2026)

New Horizon Aircraft has reported Research & Development for 4 years, with the latest figure at $3.1 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 905.4% year-over-year to $3.1 million; the trailing twelve-month figure through Feb 2026 stood at $8.7 million (up 758.92% YoY), and the FY2025 full-year result was $2.6 million, up 302.54% from the prior year.
• Research & Development for Q1 2026 stood at $3.1 million, up from $1.9 million in the prior quarter.
• The five-year high for Research & Development was $3.1 million in Q1 2026, with the low at $108745.5 in Q3 2023.
• Historically, Research & Development has averaged $929470.8 across 4 years, with a median of $309765.3 in 2025.
• Annual changes were most pronounced in 2025 — Research & Development surged 54.22% — and 2026, when it jumped 905.4%.
• New Horizon Aircraft's Research & Development 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 jumped by 66.6% to $3.1 million in 2026.
• The last three Research & Development figures came in at $3.1 million (Q1 2026), $1.9 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.