Horizon Technology Finance (HRZN) Shares Outstanding (Diluted) (2022 - 2026)
Horizon Technology Finance's Shares Outstanding (Diluted) was 64.97 million in Q2 2026, up 57.6% from 41.22 million a year earlier and up 37.3% from the prior quarter.
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Analysis
Horizon Technology Finance (HRZN) Shares Outstanding (Diluted) (2022 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Horizon Technology Finance came in at 42.35 million, up 17.3% from FY2024.
- Shares Outstanding (Diluted) has now increased for three consecutive years, with a three-year compound annual growth rate of 19.6% (FY2022 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 36.1 million in FY2024 (+16.6%), 30.96 million in FY2023 (+25.2%) and 24.73 million in FY2022.
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2022.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for 11 straight quarters, with growth averaging 27.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 16.3% (Q2 2025) to 57.6% (Q2 2026).
- Per Business Quant data, HRZN's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 47.32 million (Q1 2026), 42.35 million (Q4 2025) and 45.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | 2.84 Bn |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | 556.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | 5.89 Bn |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | 348.85 Mn |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | 334.10 Mn |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | 85.05 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | 740.26 Mn |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | 718.00 Mn |
| 10 | Horizon Technology Finance | 309.44 Mn | 309.44 Mn | - | 64.97 Mn |
Historic Data
Download Data
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 | 45.84 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 | 24.73 Mn |
| Jun 30, 2023 | 24.73 Mn |
| Mar 31, 2023 | 24.73 Mn |
| Dec 31, 2022 | 24.73 Mn |
API Access
Horizon Technology Finance Shares Outstanding (Diluted) 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-diluted&ticker=HRZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=HRZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();