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
DateValue
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%