What is New Horizon Aircraft's market cap?

New Horizon Aircraft (HOVR) has a market capitalization of $119.8M and trades on NASDAQ.

Who are New Horizon Aircraft's competitors?

New Horizon Aircraft's key competitors include Archer Aviation, Joby Aviation, Vertical Aerospace, and others. These companies compete in similar markets and product categories.

Who does New Horizon Aircraft partner with?

New Horizon Aircraft's notable partners include Cert Centre Canada (3C), Transport Canada Civil Aviation (TCCA), Federal Aviation Administration (FAA).

Where is New Horizon Aircraft headquartered?

New Horizon Aircraft is headquartered in Canada and employs approximately 10 people. It has been publicly traded since 2024.

New Horizon Aircraft

HOVR

New Horizon Aircraft is an advanced aerospace original equipment manufacturer (OEM) specializing in the design of next-generation hybrid-electric Vertical Takeoff and Landing (eVTOL) aircraft.

Market cap

$119.82M+153%

Net income-$31.4M-422%

Free cash flow-$15.2M-126%

EPS (diluted)-$0.49-223%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q3 2026 report

April 14, 2026

EPS-$0.12Miss by $0.03

Read the full report

Next report

Jul 16, 2026 (In 1 week)

EPS estimate-$0.11

Financials

Q3 2026

Income statement

See full

Operating income-$7.6M-114%

Net income-$6.9M-39.6%

EPS (diluted)-$0.16+5.9%

Balance sheet

See full

Cash & equivalents$19.7M+114%

Total debt$89.0K+154%

Total equity$14.1M+102%

Total assets$21.9M+112%

Cash flow

See full

Operating cash flow-$6.8M-160%

CapEx$140.0K+53.8%

Free cash flow-$7.0M-156%

Valuation & ratios

Valuation

See full

Market cap$119.82M+153%

Enterprise value$100.24M+151%

Returns & leverage

See full

Return on equity-297.2%—

Debt / equity0×0.0×

Current ratio14.8×+7.7×

Competitors

By market cap

Honeywell International$70.9B-50.3%

Joby Aviation$8.8B+22.4%

Beta Technologies $3.9B—

Archer Aviation$3.6B-33.8%

Eve Holding$874.2M-45.6%

Vertical Aerospace$221.6M-49.4%

New Horizon Aircraft$119.8M+153%

Volato Group$6.4M+110%

By revenue growth

Joby Aviation+69,874%

Beta Technologies +72.6%

Honeywell International+6.1%

By net margin

Honeywell International10.89%—

Joby Aviation-1,232.62%—

Beta Technologies -2,185.06%—

Archer Aviation-46,406.25%—

Profile

New Horizon Aircraft is an advanced aerospace original equipment manufacturer (OEM) specializing in the design of next-generation hybrid-electric Vertical Takeoff and Landing (eVTOL) aircraft. The company focuses on the Regional Air Mobility (RAM) market, developing aircraft that combine the vertical takeoff capabilities of a helicopter with the high-speed, long-range efficiency of a traditional airplane.

Competitive position

A specialized entrant in the eVTOL market focusing on hybrid-electric regional mobility rather than pure-electric urban air mobility, utilizing a unique patented fan-in-wing architecture.

GeographiesCanada, United States

Customer segmentsCommercial, Government, Military

Business modelManufacturing, IP Licensing, OEM

SuppliersBattery cell manufacturers, Internal combustion engine suppliers, Composite material providers, Avionics and sensor suppliers

CustomersRegional airlines, Logistics and cargo companies, Military and defense agencies, Private aviation operators

CountryCanada

Listed2024

Employees10.0

CEOBrandon E. Robinson

SectorIndustrials

IndustryAerospace & Defense

Websitehorizonaircraft.com

FilingsSEC EDGAR

Questions, answered.

What is New Horizon Aircraft's market cap?: New Horizon Aircraft (HOVR) has a market capitalization of $119.8M and trades on NASDAQ.
Who are New Horizon Aircraft's competitors?: New Horizon Aircraft's key competitors include Archer Aviation, Joby Aviation, Vertical Aerospace, and others. These companies compete in similar markets and product categories.
Who does New Horizon Aircraft partner with?: New Horizon Aircraft's notable partners include Cert Centre Canada (3C), Transport Canada Civil Aviation (TCCA), Federal Aviation Administration (FAA).
Where is New Horizon Aircraft headquartered?: New Horizon Aircraft is headquartered in Canada and employs approximately 10 people. It has been publicly traded since 2024.