New Horizon Aircraft (HOVRW) Operating Expenses (2023 - 2026)

New Horizon Aircraft posted quarterly Operating Expenses of $5.5 million for Q1 2026, up 122.05% year-on-year from $2.5 million in Q1 2025, and up 50.46% on a QoQ basis from $3.7 million in Q4 2025.

New Horizon Aircraft (HOVRW) has 4 years of Operating Expenses data on file, last reported at $5.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 122.05% year-over-year to $5.5 million; the trailing twelve-month figure through Feb 2026 stood at $16.4 million (up 94.26% YoY), and the FY2025 full-year result was $9.7 million, up 184.35% from the prior year.
  • Operating Expenses for Q1 2026 stood at $5.5 million, up from $3.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.5 million in Q1 2026 and bottomed at $130269.0 in Q1 2023.
  • The 4-year median for Operating Expenses is $1.6 million (2024), against an average of $1.9 million.
  • The widest annual swing landed in 2024, when Operating Expenses surged 593.19%; it then surged 53.96% in 2025.
  • A 4-year view of Operating Expenses shows it stood at $627817.0 in 2023, then surged by 279.46% to $2.4 million in 2024, then jumped by 53.96% to $3.7 million in 2025, then surged by 50.46% to $5.5 million in 2026.
  • The last three Operating Expenses figures came in at $5.5 million (Q1 2026), $3.7 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 338.65 Bn 327.91 Bn 9.11 Bn 10.18 Bn
2 Rtx 242.18 Bn 237.08 Bn 9.08 Bn 19.59 Bn
3 Boeing 182.15 Bn 161.24 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 121.95 Bn 120.06 Bn 2.08 Bn -
5 Howmet Aerospace 103.56 Bn 101.12 Bn 854.00 Mn 120.00 Mn
6 General Dynamics 93.70 Bn 90.05 Bn 9.09 Bn 12.06 Bn
7 Embraer 89.60 Bn 86.98 Bn - -
8 Rocket Lab 86.87 Bn 85.59 Bn 76.49 Mn 132.46 Mn
9 Northrop Grumman 80.10 Bn 78.01 Bn 3.45 Bn 8.89 Bn
10 New Horizon Aircraft - - - 5.52 Mn

Historic Data

Download Data 🔒
DateValue
Feb 28, 2026 5.52 Mn
Nov 30, 2025 3.67 Mn
Aug 31, 2025 4.31 Mn
May 31, 2025 2.88 Mn
Feb 28, 2025 2.49 Mn
Nov 30, 2024 2.38 Mn
Aug 31, 2024 1.98 Mn
May 31, 2024 1.59 Mn
Feb 29, 2024 936,572.71
Dec 31, 2023 627,817.00
Nov 30, 2023 603,692.10
Sep 30, 2023 612,468.00
Aug 31, 2023 284,988.14
Jun 30, 2023 295,817.00
Mar 31, 2023 130,269.00