Horizon Technology Finance (HRZN) Net Margin (2021 - 2026)
Horizon Technology Finance's (HRZN) quarterly Net Margin came in at 2.64% in Q1 2026, down 413.0% year-on-year from 0.84% in Q1 2025, and down 10.66% on a QoQ basis from 2.95% in Q4 2025.
Horizon Technology Finance (HRZN) Net Margin (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has 6 years of Net Margin data on file, last reported at 2.64% in Q1 2026.
- On a quarterly basis, Net Margin fell 413.0% year-over-year to 2.64% in Q1 2026; TTM through Mar 2026 was 7.23%, a 345.0% decrease from a year earlier, with the FY2025 full-year figure at 11.53%, down 254.0% from the prior year.
- Net Margin for Q1 2026 stood at 2.64%, down from 2.95% in the prior quarter.
- Over the last five years, Net Margin for HRZN reached as high as 118.8% in Q2 2022 and fell as low as 2.64% in Q1 2026.
- Historically, Net Margin has averaged 36.14% across 5 years, with a median of 20.36% in 2023.
- Across the five-year window, Net Margin slumped 805511 bps in 2022 and soared 9030 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 46.4% in 2022, then sank by 56 bps to 20.41% in 2023, then slumped by 86 bps to 2.94% in 2024, then climbed by 0 bps to 2.95% in 2025, then slipped by 11 bps to 2.64% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 2.64% in Q1 2026, 2.95% in Q4 2025, and 11.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | Horizon Technology Finance | 208.67 Mn | 135.40 Mn | - | 2.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.64% |
| Dec 31, 2025 | 2.95% |
| Sep 30, 2025 | 11.85% |
| Jun 30, 2025 | 10.40% |
| Mar 31, 2025 | 6.77% |
| Dec 31, 2024 | 2.94% |
| Sep 30, 2024 | 15.84% |
| Jun 30, 2024 | 16.58% |
| Mar 31, 2024 | 110.65% |
| Dec 31, 2023 | 20.41% |
| Sep 30, 2023 | 35.17% |
| Jun 30, 2023 | 31.00% |
| Mar 31, 2023 | 20.36% |
| Dec 31, 2022 | 46.40% |
| Sep 30, 2022 | 47.89% |
| Jun 30, 2022 | 118.80% |
| Mar 31, 2022 | 113.76% |
| Dec 31, 2021 | 13.85% |
| Sep 30, 2021 | 8,103.00% |