HOVR (New Horizon Aircraft) Research & Development: $8.76 Mil (TTM As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
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What is New Horizon Aircraft Research & Development?

New Horizon Aircraft HOVR -6.90% 14 Research & Development is $8.76 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. New Horizon Aircraft's Research & Development for the three months ended in Feb. 2026 was $3.14 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 was $8.76 Mil.

New Horizon Aircraft  (NAS:HOVR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

New Horizon Aircraft Research & Development Related Terms

New Horizon Aircraft Research & Development Historical Data

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The historical data trend for New Horizon Aircraft's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft Research & Development Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Research & Development
0.52 0.44 0.64 2.64

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 1.80 1.97 1.86 3.14
HOVR
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New Horizon Aircraft Ltd HOVR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.76 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $8.76 Mil mean?
New Horizon Aircraft (HOVR) has a Research & Development of $8.76 Mil as of Feb. 2026. Research and development expense is the total cost for research and development activities. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Research & Development too high?
New Horizon Aircraft's current Research & Development is $8.76 Mil. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Research & Development compare to VWAV and MNTS?
New Horizon Aircraft's Research & Development of $8.76 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Aerospace & Defense company?
A good Research & Development depends on the Aerospace & Defense industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Research & Development is $8.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Research & Development of $8.76 Mil. The current Research & Development is $8.76 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Research & Development is $8.76 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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