HOVR (New Horizon Aircraft) Total Operating Expense: $16.41 Mil (TTM As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
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What is New Horizon Aircraft Total Operating Expense?

New Horizon Aircraft HOVR -2.76% 14 Total Operating Expense is $16.41 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

New Horizon Aircraft's Total Operating Expense for the three months ended in Feb. 2026 was $5.56 Mil. New Horizon Aircraft's Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was $16.41 Mil.

New Horizon Aircraft Total Operating Expense Related Terms

New Horizon Aircraft Total Operating Expense Historical Data

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The historical data trend for New Horizon Aircraft's Total Operating Expense 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 Total Operating Expense Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Total Operating Expense
0.91 0.48 3.38 9.80

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 2.92 4.28 3.64 5.56
HOVR
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New Horizon Aircraft Ltd HOVR
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 $16.41 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.

What does a Total Operating Expense of $16.41 Mil mean?
New Horizon Aircraft (HOVR) has a Total Operating Expense of $16.41 Mil as of Feb. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Total Operating Expense too high?
New Horizon Aircraft's current Total Operating Expense is $16.41 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 Total Operating Expense compare to VWAV and CODA?
New Horizon Aircraft's Total Operating Expense of $16.41 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 Total Operating Expense for an Aerospace & Defense company?
A good Total Operating Expense depends on the Aerospace & Defense industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Total Operating Expense is $16.41 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 Total Operating Expense of $16.41 Mil. The current Total Operating Expense is $16.41 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Total Operating Expense is $16.41 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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