New Horizon Aircraft (HOVR) Research & Development (2023 - 2026)
New Horizon Aircraft's Research & Development was $2.65 million in fiscal Q4 2026 (quarter ended May 31, 2026), up 49.4% from $1.77 million a year earlier but down 15.0% from the prior quarter.
Powered by 
Analysis
New Horizon Aircraft (HOVR) Research & Development (2023 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Research & Development at New Horizon Aircraft came in at $9.65 million, up 267.6% from FY2025.
- Research & Development has now increased for three consecutive fiscal years, with a three-year compound annual growth rate of 168.5% (FY2023 to FY2026).
- In earlier fiscal years, Research & Development was $2.62 million in FY2025 (+306.3%), $645,891 in FY2024 (+29.6%) and $498,455 in FY2023.
- Quarterly Research & Development has moved between $108,745 (fiscal Q1 2024) and $3.11 million (fiscal Q3 2026) over five years.
- Compared with a year earlier, Research & Development has increased for eight straight quarters, with growth averaging 425.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Research & Development ran from 49.4% in fiscal Q4 2026 to 905.4% in fiscal Q3 2026.
- Per Business Quant data, HOVR's Research & Development in the three fiscal quarters before Q4 2026 was $3.11 million (Q3 2026), $1.87 million (Q2 2026) and $1.98 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 524.00 Mn |
| 10 | New Horizon Aircraft | 109.13 Mn | 109.13 Mn | - | 2.65 Mn |
Historic Data
Download Data
Historic 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 |
API Access
New Horizon Aircraft Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=HOVR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HOVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=HOVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();