Horizon Technology Finance (HRZN) Shares Outstanding (2021 - 2026)
Horizon Technology Finance's Shares Outstanding came in at 64.97 million for Q2 2026, up 57.6% from 41.22 million a year earlier and up 37.3% from the prior quarter.
Horizon Technology Finance (HRZN) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Horizon Technology Finance's Shares Outstanding was 42.35 million, up 17.3% from FY2024.
- Shares Outstanding has increased in each of the last five years, with a five-year compound annual growth rate of 19.3% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 36.1 million in FY2024 (+16.6%), 30.96 million in FY2023 (+25.2%), 24.73 million in FY2022 (+23.5%) and 20.03 million in FY2021 (+14.2%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q3 2021.
- Year-over-year, Shares Outstanding has increased for 16 consecutive quarters, with growth averaging 22.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 12.7% (Q3 2024) to 57.6% (Q2 2026).
- Business Quant data shows HRZN's Shares Outstanding at 47.32 million (Q1 2026), 42.35 million (Q4 2025) and 43.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Horizon Technology Finance | 307.43 Mn | 307.43 Mn | - | 64.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.97 Mn |
| Mar 31, 2026 | 47.32 Mn |
| Dec 31, 2025 | 42.35 Mn |
| Sep 30, 2025 | 43.10 Mn |
| Jun 30, 2025 | 41.22 Mn |
| Mar 31, 2025 | 40.22 Mn |
| Dec 31, 2024 | 36.10 Mn |
| Sep 30, 2024 | 36.57 Mn |
| Jun 30, 2024 | 35.43 Mn |
| Mar 31, 2024 | 33.58 Mn |
| Dec 31, 2023 | 30.96 Mn |
| Sep 30, 2023 | 32.45 Mn |
| Jun 30, 2023 | 29.75 Mn |
| Mar 31, 2023 | 28.23 Mn |
| Dec 31, 2022 | 24.73 Mn |
| Sep 30, 2022 | 25.74 Mn |
| Jun 30, 2022 | 24.30 Mn |
| Mar 31, 2022 | 21.90 Mn |
| Dec 31, 2021 | 20.03 Mn |
| Sep 30, 2021 | 20.27 Mn |
Horizon Technology Finance Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=HRZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "HRZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=HRZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();