New Horizon Aircraft Ltd. (HOVRW) stock
HOVRWNasdaqAircraftFiscal year ends May 31Also trades as HOVR
$0.24−0.02 (-8.53%)
Close on Oct 30, 2026Market cap $79.86MP/E –Yield –
New Horizon Aircraft r&d expenses
Research and development expenses are spending on new products and technology.
New Horizon Aircraft's R&D Expenses for the twelve months ending Aug 31, 2026 was C$17.95M, up 195.2% year over year. For fiscal 2026 it was C$13.24M, up 261.9% from the year before.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2026 | May 31, 2026 | C$13.24M | +261.9% |
| FY2025 | May 31, 2025 | C$3.66M | +315.9% |
| FY2024 | May 31, 2024 | C$880.00K | +30.2% |
| FY2023 | May 31, 2023 | C$676.00K | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q1 FY2027 | Aug 31, 2026 | C$7.43M | +173.2% |
| Q4 FY2026 | May 31, 2026 | C$3.63M | +45.8% |
| Q3 FY2026 | Feb 28, 2026 | C$4.28M | +866.8% |
| Q2 FY2026 | Nov 30, 2025 | C$2.61M | +510.8% |
| Q1 FY2026 | Aug 31, 2025 | C$2.72M | +815.5% |
| Q4 FY2025 | May 31, 2025 | C$2.49M | +1619.3% |
| Q3 FY2025 | Feb 28, 2025 | C$443.00K | – |
| Q2 FY2025 | Nov 30, 2024 | C$427.00K | – |
| Q1 FY2025 | Aug 31, 2024 | C$297.00K | – |
| Q1 FY2024 | Aug 31, 2023 | C$145.00K | – |