Horizon Technology Finance (HRZN) EBITDA (2021 - 2026)

Horizon Technology Finance's (HRZN) quarterly EBITDA came in at $9.0 million in Q1 2026, down 16.31% year-on-year from $10.7 million in Q1 2025, and up 25.86% on a QoQ basis from $7.1 million in Q4 2025.

Horizon Technology Finance (HRZN) EBITDA (2021 - 2026) Analysis & Trends

Horizon Technology Finance (HRZN) has 6 years of EBITDA data on file, last reported at $9.0 million in Q1 2026.

  • On a quarterly basis, EBITDA fell 16.31% year-over-year to $9.0 million in Q1 2026; TTM through Mar 2026 was $42.3 million, a 6.36% decrease from a year earlier, with the FY2025 full-year figure at $44.4 million, down 7.05% from the prior year.
  • EBITDA for Q1 2026 stood at $9.0 million, up from $7.1 million in the prior quarter.
  • Over the last five years, EBITDA for HRZN reached as high as $17.5 million in Q3 2023 and fell as low as $5.8 million in Q1 2022.
  • Historically, EBITDA has averaged $11.7 million across 5 years, with a median of $11.8 million in 2025.
  • Across the five-year window, EBITDA surged 123.21% in 2023 and sank 35.61% in 2024, its largest moves.
  • Year by year, EBITDA stood at $11.1 million in 2022, then rose by 29.78% to $14.5 million in 2023, then sank by 35.61% to $9.3 million in 2024, then dropped by 23.49% to $7.1 million in 2025, then increased by 25.86% to $9.0 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $9.0 million in Q1 2026, $7.1 million in Q4 2025, and $14.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 32.70 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 2.81 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 1.59 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 54.00 Mn
5 State Street 51.30 Bn 51.30 Bn - 2.75 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 2.28 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 1.22 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 680.50 Mn
10 Horizon Technology Finance 208.67 Mn 135.40 Mn - 8.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.97 Mn
Dec 31, 2025 7.13 Mn
Sep 30, 2025 14.37 Mn
Jun 30, 2025 11.82 Mn
Mar 31, 2025 10.72 Mn
Dec 31, 2024 9.32 Mn
Sep 30, 2024 12.21 Mn
Jun 30, 2024 12.91 Mn
Mar 31, 2024 12.98 Mn
Dec 31, 2023 14.47 Mn
Sep 30, 2023 17.53 Mn
Jun 30, 2023 16.07 Mn
Mar 31, 2023 13.01 Mn
Dec 31, 2022 11.15 Mn
Sep 30, 2022 11.14 Mn
Jun 30, 2022 8.69 Mn
Mar 31, 2022 5.83 Mn
Dec 31, 2021 11.21 Mn
Sep 30, 2021 11.22 Mn