Horizon Technology Finance (HRZN) EBITDA (2022 - 2026)
Horizon Technology Finance (HRZN) reported EBITDA of $9.2 million for Q1 2026, down 16.75% year-over-year from $11.1 million in Q1 2025, and up 12.78% on a QoQ basis from $8.2 million in Q4 2025.
Horizon Technology Finance (HRZN) has 5 years of EBITDA data on file, last reported at $9.2 million in Q1 2026.
- Quarterly EBITDA fell 16.75% year-over-year to $9.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.6 million (down 7.92% YoY) and the FY2025 annual result came in at $45.5 million, down 7.68% from the prior year.
- EBITDA improved to $9.2 million in Q1 2026 per HRZN's latest filing, from $8.2 million in the prior quarter.
- Across five years, EBITDA topped out at $17.5 million in Q3 2023 and bottomed at $5.8 million in Q1 2022.
- The 5-year median for EBITDA is $11.8 million (2025), against an average of $12.0 million.
- The widest annual swing landed in 2023, when EBITDA surged 126.37%; it then plunged 32.37% in 2024.
- Tracing HRZN's EBITDA over 5 years: stood at $11.1 million in 2022, then jumped by 43.14% to $16.0 million in 2023, then sank by 32.37% to $10.8 million in 2024, then retreated by 24.11% to $8.2 million in 2025, then rose by 12.78% to $9.2 million in 2026.
- Per Business Quant, the three latest HRZN EBITDA figures stand at $9.2 million (Q1 2026), $8.2 million (Q4 2025), and $14.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 2.81 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 1.59 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.99 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 79.00 Mn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.79 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 901.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 2.28 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 363.68 Mn |
| 10 | Horizon Technology Finance | 215.76 Mn | 215.76 Mn | - | 9.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.24 Mn |
| Dec 31, 2025 | 8.19 Mn |
| Sep 30, 2025 | 14.37 Mn |
| Jun 30, 2025 | 11.82 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Dec 31, 2024 | 10.79 Mn |
| Sep 30, 2024 | 12.21 Mn |
| Jun 30, 2024 | 13.27 Mn |
| Mar 31, 2024 | 12.98 Mn |
| Dec 31, 2023 | 15.96 Mn |
| Sep 30, 2023 | 17.53 Mn |
| Jun 30, 2023 | 16.25 Mn |
| Mar 31, 2023 | 13.20 Mn |
| Dec 31, 2022 | 11.15 Mn |
| Sep 30, 2022 | 11.24 Mn |
| Jun 30, 2022 | 8.69 Mn |
| Mar 31, 2022 | 5.83 Mn |