New Horizon Aircraft Ltd. (HOVRW) 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.
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Analysis
New Horizon Aircraft Ltd. (HOVRW) 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.
- The year-over-year growth in Research & Development has ranged between 49.4% (fiscal Q4 2026) and 905.4% (fiscal Q3 2026) over the last five years.
- Per Business Quant data, HOVRW'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).
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Historic Data
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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 Ltd. 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=HOVRW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "HOVRW", "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=HOVRW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();