Horizon Technology Finance (HRZN) EBITDA (2021 - 2026)
Horizon Technology Finance (HRZN) posted quarterly EBITDA of $9.0 million for Q1 2026, down 16.31% year-over-year from $10.7 million in Q1 2025, and up 25.86% quarter-over-quarter from $7.1 million in Q4 2025.
Horizon Technology Finance (HRZN) EBITDA (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has reported EBITDA for 6 consecutive years, with $9.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 16.31% year-over-year to $9.0 million; the TTM figure through Mar 2026 stood at $42.3 million (down 6.36% YoY), while the FY2025 annual figure was $44.4 million, down 7.05% from the prior year.
- EBITDA grew to $9.0 million in Q1 2026 per HRZN's latest filing, from $7.1 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.
- Historically, EBITDA has averaged $11.7 million across 5 years, with a median of $11.8 million in 2025.
- Annual changes were most pronounced in 2023 — EBITDA jumped 123.21% — and 2024, when it tumbled 35.61%.
- Horizon Technology Finance's EBITDA stood at $11.1 million in 2022, then grew by 29.78% to $14.5 million in 2023, then sank by 35.61% to $9.3 million in 2024, then decreased by 23.49% to $7.1 million in 2025, then climbed by 25.86% to $9.0 million in 2026.
- Business Quant data shows HRZN's EBITDA at $9.0 million in Q1 2026, $7.1 million in Q4 2025, and $14.4 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.95 Bn | 165.08 Bn | - | 2.46 Bn |
| 2 | Blackstone | 114.66 Bn | 112.15 Bn | - | 2.95 Bn |
| 3 | Kkr | 97.14 Bn | -179.93 Bn | - | 2.04 Bn |
| 4 | Brookfield | 93.31 Bn | 45.91 Bn | - | - |
| 5 | Brookfield Asset Management | 83.62 Bn | 82.12 Bn | - | 1.39 Bn |
| 6 | Apollo Global Management | 78.53 Bn | 53.15 Bn | 10.54 Bn | 5.35 Bn |
| 7 | State Street | 51.32 Bn | 51.32 Bn | - | 3.37 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 1.22 Bn |
| 9 | Raymond James Financial | 33.93 Bn | 20.67 Bn | - | 1.18 Bn |
| 10 | Horizon Technology Finance | 308.86 Mn | 308.86 Mn | - | 7.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.66 Mn |
| 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 | 12.54 Mn |
| Sep 30, 2021 | 11.22 Mn |