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
DateValue
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