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

Horizon Technology Finance (HRZN) has reported Operating Expenses for 6 consecutive years, with $14.8 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 10.6% year-over-year to $14.8 million; the TTM figure through Mar 2026 stood at $52.0 million (up 2.03% YoY), while the FY2025 annual figure was $50.5 million, changed 0.22% from the prior year.
• Operating Expenses rose 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.
• Historically, Operating Expenses has averaged $12.3 million across 5 years, with a median of $12.4 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 77.22% — and 2024, when it decreased 11.43%.
• Horizon Technology Finance's Operating Expenses stood at $12.0 million in 2022, then gained by 1.9% to $12.2 million in 2023, then advanced by 4.32% to $12.8 million in 2024, then fell by 2.18% to $12.5 million in 2025, then advanced by 18.98% to $14.8 million in 2026.
• Business Quant data shows HRZN's Operating Expenses at $14.8 million in Q1 2026, $12.5 million in Q4 2025, and $12.0 million in Q3 2025.