Horizon Technology Finance (HRZN) EBITDA Margin (2021 - 2026)
Horizon Technology Finance's (HRZN) quarterly EBITDA Margin came in at 37.26% in Q1 2026, down 647.0% year-on-year from 6.81% in Q1 2025, and up 8.01% on a QoQ basis from 34.49% in Q4 2025.
Horizon Technology Finance (HRZN) EBITDA Margin (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has 6 years of EBITDA Margin data on file, last reported at 37.26% in Q1 2026.
- On a quarterly basis, EBITDA Margin fell 647.0% year-over-year to 37.26% in Q1 2026; TTM through Mar 2026 was 44.24%, a 170.0% decrease from a year earlier, with the FY2025 full-year figure at 46.25%, down 157.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 37.26%, up from 34.49% in the prior quarter.
- Over the last five years, EBITDA Margin for HRZN reached as high as 60.17% in Q3 2023 and fell as low as 34.49% in Q4 2025.
- Historically, EBITDA Margin has averaged 47.44% across 5 years, with a median of 48.17% in 2022.
- On a YoY basis, EBITDA Margin climbed as much as 2944 bps in 2022 and fell as far as 1116711 bps in 2022.
- Year by year, EBITDA Margin stood at 48.17% in 2022, then gained by 7 bps to 51.34% in 2023, then decreased by 23 bps to 39.57% in 2024, then declined by 13 bps to 34.49% in 2025, then advanced by 8 bps to 37.26% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 37.26% in Q1 2026, 34.49% in Q4 2025, and 54.59% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 175.98% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 42.01% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 44.01% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 24.88% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 72.52% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 170.02% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 31.56% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 36.65% |
| 10 | Horizon Technology Finance | 208.67 Mn | 135.40 Mn | - | 37.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.26% |
| Dec 31, 2025 | 34.49% |
| Sep 30, 2025 | 54.59% |
| Jun 30, 2025 | 48.21% |
| Mar 31, 2025 | 43.72% |
| Dec 31, 2024 | 39.57% |
| Sep 30, 2024 | 49.71% |
| Jun 30, 2024 | 50.29% |
| Mar 31, 2024 | 49.69% |
| Dec 31, 2023 | 51.34% |
| Sep 30, 2023 | 60.17% |
| Jun 30, 2023 | 57.16% |
| Mar 31, 2023 | 46.41% |
| Dec 31, 2022 | 48.17% |
| Sep 30, 2022 | 47.89% |
| Jun 30, 2022 | 46.74% |
| Mar 31, 2022 | 41.04% |
| Dec 31, 2021 | 18.73% |
| Sep 30, 2021 | 11,215.00% |