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

New Horizon Aircraft (HOVR) has reported Research & Development for 4 consecutive years, with $3.1 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $3.1 million, up 905.4% year-over-year; the trailing twelve-month figure through Feb 2026 was $8.7 million (up 758.92% YoY), and the FY2025 annual result was $2.6 million, up 302.54% from the prior year.
• Research & Development was $3.1 million for Q1 2026 at New Horizon Aircraft, up from $1.9 million in the prior quarter.
• Over five years, Research & Development peaked at $3.1 million in Q1 2026 and troughed at $108745.5 in Q3 2023.
• Average Research & Development over 4 years is $929470.8, with a median of $309765.3 recorded in 2025.
• Year-over-year, Research & Development jumped 54.22% in 2025 and soared 905.4% in 2026.
• Over 4 years, 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.
• Per Business Quant data, the three most recent Research & Development figures were $3.1 million in Q1 2026, $1.9 million in Q4 2025, and $2.0 million in Q3 2025.