Horizon Technology Finance (HRZN) EBIT Margin (2022 - 2026)
Horizon Technology Finance (HRZN) reported EBIT Margin of 38.37% for Q1 2026, down 690.0% year-over-year from 6.5% in Q1 2025, and down 3.21% quarter-over-quarter from 39.64% in Q4 2025.
Horizon Technology Finance (HRZN) EBIT Margin (2022 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has 5 years of EBIT Margin data on file, last reported at 38.37% in Q1 2026.
- EBIT Margin for Q1 2026 came in at 38.37%, down 690.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.63% (down 256.0% YoY), and the FY2025 annual result was 47.36%, down 194.0% from the prior year.
- EBIT Margin declined to 38.37% in Q1 2026 per HRZN's latest filing, from 39.64% in the prior quarter.
- Over five years, EBIT Margin peaked at 60.17% in Q3 2023 and troughed at 38.37% in Q1 2026.
- A 5-year average of 48.76% and a median of 48.21% in 2025 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2023 and 2024: EBIT Margin soared 1185 bps in 2023, then sank 1079 bps in 2024.
- A 5-year view of EBIT Margin shows it stood at 48.17% in 2022, then rose by 18 bps to 56.63% in 2023, then retreated by 19 bps to 45.84% in 2024, then dropped by 14 bps to 39.64% in 2025, then declined by 3 bps to 38.37% in 2026.
- Business Quant data shows HRZN's EBIT Margin at 38.37% in Q1 2026, 39.64% in Q4 2025, and 54.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 154.03 Bn | 144.41 Bn | - | 42.01% |
| 2 | Blackstone | 89.67 Bn | 88.62 Bn | - | 44.01% |
| 3 | Kkr | 82.99 Bn | 130.50 Bn | - | 46.06% |
| 4 | Apollo Global Management | 75.96 Bn | 94.69 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 45.12 Bn | 19.44 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 41.87 Bn | 41.74 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 170.02% |
| 8 | Raymond James Financial | 29.45 Bn | 18.21 Bn | - | - |
| 9 | Ares Management | 28.36 Bn | 31.73 Bn | - | 26.04% |
| 10 | Horizon Technology Finance | 212.69 Mn | 212.69 Mn | - | 38.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.37% |
| Dec 31, 2025 | 39.64% |
| Sep 30, 2025 | 54.59% |
| Jun 30, 2025 | 48.21% |
| Mar 31, 2025 | 45.26% |
| Dec 31, 2024 | 45.84% |
| Sep 30, 2024 | 49.71% |
| Jun 30, 2024 | 51.68% |
| Mar 31, 2024 | 49.69% |
| Dec 31, 2023 | 56.63% |
| Sep 30, 2023 | 60.17% |
| Jun 30, 2023 | 57.80% |
| Mar 31, 2023 | 47.06% |
| Dec 31, 2022 | 48.17% |
| Sep 30, 2022 | 48.32% |
| Jun 30, 2022 | 46.74% |
| Mar 31, 2022 | 41.04% |