Horizon Technology Finance (HRZN) FCF Margin (2021 - 2026)

Horizon Technology Finance's (HRZN) quarterly FCF Margin came in at 174.95% in Q1 2026, down 12117.0% year-on-year from N/an in Q1 2025, and down 18.83% on a QoQ basis from 147.23% in Q4 2025.

Horizon Technology Finance (HRZN) FCF Margin (2021 - 2026) Analysis & Trends

Horizon Technology Finance (HRZN) has 6 years of FCF Margin data on file, last reported at 174.95% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 12117.0% year-over-year to 174.95% in Q1 2026; TTM through Mar 2026 was 28.97%, a 4249.0% increase from a year earlier, with the FY2025 full-year figure at 58.98%, up 5504.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 174.95%, down from 147.23% in the prior quarter.
  • Over the last five years, FCF Margin for HRZN reached as high as 211.42% in Q2 2024 and fell as low as 389.76% in Q1 2022.
  • Historically, FCF Margin has averaged 74.61% across 5 years, with a median of 81.43% in 2023.
  • Across the five-year window, FCF Margin tumbled 36520 bps in 2022 and soared 43516 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 369.07% in 2022, then soared by 111 bps to 39.83% in 2023, then plunged by 379 bps to 111.0% in 2024, then sank by 33 bps to 147.23% in 2025, then fell by 19 bps to 174.95% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 174.95% in Q1 2026, 147.23% in Q4 2025, and 192.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -16.21%
3 Blackstone 97.77 Bn 96.72 Bn - 26.47%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 746.54%
5 State Street 51.30 Bn 51.30 Bn - -327.00%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 8.80%
7 Northern Trust 32.93 Bn 32.93 Bn - -24.56%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 27.31%
9 Price T Rowe 24.70 Bn 21.13 Bn - 41.05%
10 Horizon Technology Finance 208.67 Mn 135.40 Mn - -174.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 -174.95%
Dec 31, 2025 -147.23%
Sep 30, 2025 192.41%
Jun 30, 2025 202.29%
Mar 31, 2025 -53.78%
Dec 31, 2024 -111.00%
Sep 30, 2024 -115.04%
Jun 30, 2024 211.42%
Mar 31, 2024 15.47%
Dec 31, 2023 39.83%
Sep 30, 2023 -81.43%
Jun 30, 2023 -19.50%
Mar 31, 2023 45.40%
Dec 31, 2022 -369.07%
Sep 30, 2022 -215.52%
Jun 30, 2022 -297.91%
Mar 31, 2022 -389.76%
Dec 31, 2021 -3.87%