Horizon Technology Finance (HRZN) EBT Margin (2021 - 2026)
Horizon Technology Finance (HRZN) posted quarterly EBT Margin of 3.75% for Q1 2026, down 457.0% year-over-year from 1.05% in Q1 2025, and down 69.06% quarter-over-quarter from 12.11% in Q4 2025.
Horizon Technology Finance (HRZN) EBT Margin (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has reported EBT Margin for 6 consecutive years, with 3.75% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 457.0% year-over-year to 3.75%; the TTM figure through Mar 2026 stood at 10.27% (down 191.0% YoY), while the FY2025 annual figure was 12.63%, down 291.0% from the prior year.
- EBT Margin declined to 3.75% in Q1 2026 per HRZN's latest filing, from 12.11% in the prior quarter.
- Across five years, EBT Margin topped out at 119.34% in Q2 2022 and bottomed at 3.75% in Q1 2026.
- Historically, EBT Margin has averaged 38.61% across 5 years, with a median of 21.01% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 805468 bps — and 2024, when it surged 9109 bps.
- Horizon Technology Finance's EBT Margin stood at 48.17% in 2022, then decreased by 25 bps to 36.34% in 2023, then sank by 88 bps to 4.5% in 2024, then jumped by 169 bps to 12.11% in 2025, then slumped by 69 bps to 3.75% in 2026.
- Business Quant data shows HRZN's EBT Margin at 3.75% in Q1 2026, 12.11% in Q4 2025, and 13.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.90 Bn | 165.03 Bn | - | 38.38% |
| 2 | Blackstone | 114.87 Bn | 112.36 Bn | - | 55.68% |
| 3 | Kkr | 97.35 Bn | -179.72 Bn | - | 24.00% |
| 4 | Brookfield | 93.88 Bn | 46.48 Bn | - | - |
| 5 | Brookfield Asset Management | 83.82 Bn | 82.32 Bn | - | 76.10% |
| 6 | Apollo Global Management | 78.31 Bn | 52.94 Bn | 10.54 Bn | 22.28% |
| 7 | State Street | 51.35 Bn | 51.35 Bn | - | 34.31% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 28.77% |
| 9 | Northern Trust | 34.16 Bn | 34.16 Bn | - | 78.90% |
| 10 | Horizon Technology Finance | 311.88 Mn | 311.88 Mn | - | 0.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.75% |
| Dec 31, 2025 | 12.11% |
| Sep 30, 2025 | 13.26% |
| Jun 30, 2025 | 11.92% |
| Mar 31, 2025 | 8.31% |
| Dec 31, 2024 | 4.50% |
| Sep 30, 2024 | 17.36% |
| Jun 30, 2024 | 17.97% |
| Mar 31, 2024 | 112.10% |
| Dec 31, 2023 | 36.34% |
| Sep 30, 2023 | 35.78% |
| Jun 30, 2023 | 31.63% |
| Mar 31, 2023 | 21.01% |
| Dec 31, 2022 | 48.17% |
| Sep 30, 2022 | 48.32% |
| Jun 30, 2022 | 119.34% |
| Mar 31, 2022 | 114.46% |
| Dec 31, 2021 | 13.85% |
| Sep 30, 2021 | 8,103.00% |