Horizon Technology Finance (HRZN) Tax Rate (2022 - 2026)
Horizon Technology Finance (HRZN) reported Tax Rate of 14.92% for Q1 2026, down 73.0% year-over-year from 55.25% in Q1 2025, and up 271.04% on a QoQ basis from 8.72% in Q4 2025.
Horizon Technology Finance (HRZN) has 5 years of Tax Rate data on file, last reported at 14.92% in Q1 2026.
- Quarterly Tax Rate fell 73.0% year-over-year to 14.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.58% (up 375.0% YoY) and the FY2025 annual result came in at 8.06%, down 62.0% from the prior year.
- Tax Rate grew to 14.92% in Q1 2026 per HRZN's latest filing, from 8.72% in the prior quarter.
- Across five years, Tax Rate topped out at 18.42% in Q4 2024 and bottomed at 8.72% in Q4 2025.
- The 5-year median for Tax Rate is 1.97% (2023), against an average of 5.07%.
- The widest annual swing landed in 2024, when Tax Rate jumped 1755 bps; it then plunged 2714 bps in 2025.
- Tracing HRZN's Tax Rate over 5 years: stood at 8.29% in 2022, then slumped by 89 bps to 0.87% in 2023, then soared by 2013 bps to 18.42% in 2024, then tumbled by 147 bps to 8.72% in 2025, then jumped by 271 bps to 14.92% in 2026.
- Per Business Quant, the three latest HRZN Tax Rate figures stand at 14.92% (Q1 2026), 8.72% (Q4 2025), and 5.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Horizon Technology Finance | 215.76 Mn | 215.76 Mn | - | 14.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.92 |
| Mar 31, 2026 | 14.92 |
| Dec 31, 2025 | -8.72 |
| Dec 31, 2025 | -8.72 |
| Sep 30, 2025 | 5.77 |
| Sep 30, 2025 | 5.77 |
| Jun 30, 2025 | 10.30 |
| Jun 30, 2025 | 10.30 |
| Mar 31, 2025 | 15.65 |
| Mar 31, 2025 | 15.65 |
| Dec 31, 2024 | 18.42 |
| Dec 31, 2024 | 18.42 |
| Sep 30, 2024 | 8.75 |
| Sep 30, 2024 | 8.75 |
| Jun 30, 2024 | 1.20 |
| Jun 30, 2024 | 1.20 |
| Mar 31, 2024 | 1.29 |
| Mar 31, 2024 | 1.29 |
| Dec 31, 2023 | 0.87 |
| Dec 31, 2023 | 0.87 |
| Sep 30, 2023 | 1.67 |
| Sep 30, 2023 | 1.67 |
| Jun 30, 2023 | 1.97 |
| Jun 30, 2023 | 1.97 |
| Mar 31, 2023 | 3.03 |
| Mar 31, 2023 | 3.03 |
| Dec 31, 2022 | 8.29 |
| Dec 31, 2022 | 8.29 |
| Sep 30, 2022 | 1.70 |
| Sep 30, 2022 | 1.70 |
| Jun 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.62 |
| Mar 31, 2022 | 0.62 |