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

New Horizon Aircraft (HOVRW) has 4 years of Research & Development data on file, last reported 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.
• Across five years, Research & Development topped out at $3.1 million in Q1 2026 and bottomed at $108745.5 in Q3 2023.
• The 4-year median for Research & Development is $309765.3 (2025), against an average of $929470.8.
• The widest annual swing landed in 2025, when Research & Development surged 54.22%; it then jumped 905.4% in 2026.
• A 4-year view of Research & Development shows it stood at $160447.3 in 2023, then jumped by 93.65% to $310701.8 in 2024, then jumped by 501.65% to $1.9 million in 2025, then surged 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.

Peer Comparison