Horizon Technology Finance (HRZN) EBITDA Margin (2021 - 2026)
Horizon Technology Finance (HRZN) posted quarterly EBITDA Margin of 37.26% for Q1 2026, down 647.0% year-over-year from 6.81% in Q1 2025, and up 8.01% quarter-over-quarter from 34.49% in Q4 2025.
Horizon Technology Finance (HRZN) EBITDA Margin (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has reported EBITDA Margin for 6 consecutive years, with 37.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 647.0% year-over-year to 37.26%; the TTM figure through Mar 2026 stood at 44.24% (down 170.0% YoY), while the FY2025 annual figure was 46.25%, down 157.0% from the prior year.
- EBITDA Margin climbed to 37.26% in Q1 2026 per HRZN's latest filing, from 34.49% in the prior quarter.
- Across five years, EBITDA Margin topped out at 60.17% in Q3 2023 and bottomed at 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 2722 bps in 2022 and fell as far as 1116711 bps in 2022.
- Horizon Technology Finance's EBITDA Margin stood at 48.17% in 2022, then increased by 7 bps to 51.34% in 2023, then fell by 23 bps to 39.57% in 2024, then slipped by 13 bps to 34.49% in 2025, then rose by 8 bps to 37.26% in 2026.
- Business Quant data shows HRZN's EBITDA Margin at 37.26% in Q1 2026, 34.49% in Q4 2025, and 54.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.62 Bn | 164.75 Bn | - | 34.74% |
| 2 | Blackstone | 115.00 Bn | 112.49 Bn | - | 58.55% |
| 3 | Kkr | 97.54 Bn | -179.53 Bn | - | 35.61% |
| 4 | Brookfield | 93.46 Bn | 46.05 Bn | - | - |
| 5 | Brookfield Asset Management | 83.57 Bn | 82.07 Bn | - | 79.12% |
| 6 | Apollo Global Management | 78.67 Bn | 53.30 Bn | 10.54 Bn | 47.97% |
| 7 | State Street | 51.33 Bn | 51.33 Bn | - | 83.30% |
| 8 | Ameriprise Financial | 51.17 Bn | 40.12 Bn | 4.72 Bn | 24.36% |
| 9 | Raymond James Financial | 33.97 Bn | 20.71 Bn | - | 27.14% |
| 10 | Horizon Technology Finance | 307.00 Mn | 307.00 Mn | - | 30.58% |
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 | 20.95% |
| Sep 30, 2021 | 11,215.00% |