Horizon Technology Finance (HRZN) Operating Expenses (2021 - 2026)

Horizon Technology Finance (HRZN) has 6 years of Operating Expenses data on file, last reported at $14.8 million in Q1 2026.

• Quarterly Operating Expenses rose 10.6% year-over-year to $14.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $52.0 million (up 2.03% YoY) and the FY2025 annual result came in at $50.5 million, changed 0.22% from the prior year.
• Operating Expenses climbed to $14.8 million in Q1 2026 per HRZN's latest filing, from $12.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $14.8 million in Q1 2023 and bottomed at $8.4 million in Q1 2022.
• The 5-year median for Operating Expenses is $12.4 million (2024), against an average of $12.3 million.
• The widest annual swing landed in 2023, when Operating Expenses surged 77.22%; it then fell 11.43% in 2024.
• Tracing HRZN's Operating Expenses over 5 years: stood at $12.0 million in 2022, then grew by 1.9% to $12.2 million in 2023, then increased by 4.32% to $12.8 million in 2024, then slipped by 2.18% to $12.5 million in 2025, then increased by 18.98% to $14.8 million in 2026.
• Per Business Quant, the three latest HRZN Operating Expenses figures stand at $14.8 million (Q1 2026), $12.5 million (Q4 2025), and $12.0 million (Q3 2025).

Peer Comparison