Horizon Technology Finance (HRZN) Tax Rate (2022 - 2026)

Horizon Technology Finance's (HRZN) quarterly Tax Rate came in at 29.6% in Q1 2026, up 1105.0% year-on-year from 2.46% in Q1 2025, and up 371.34% on a QoQ basis from 10.91% in Q4 2025.

Horizon Technology Finance (HRZN) Tax Rate (2022 - 2026) Analysis & Trends

Horizon Technology Finance (HRZN) has 5 years of Tax Rate data on file, last reported at 29.6% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 1105.0% year-over-year to 29.6% in Q1 2026; TTM through Mar 2026 was 12.12%, a 20.0% decrease from a year earlier, with the FY2025 full-year figure at 8.76%, down 74.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 29.6%, up from 10.91% in the prior quarter.
  • Over the last five years, Tax Rate for HRZN reached as high as 34.62% in Q4 2024 and fell as low as 10.91% in Q4 2025.
  • Historically, Tax Rate has averaged 8.22% across 5 years, with a median of 3.67% in 2022.
  • Across the five-year window, Tax Rate surged 2047 bps in 2024 and tumbled 4553 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 3.67% in 2022, then jumped by 286 bps to 14.15% in 2023, then jumped by 145 bps to 34.62% in 2024, then slumped by 132 bps to 10.91% in 2025, then jumped by 371 bps to 29.6% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 29.6% in Q1 2026, 10.91% in Q4 2025, and 10.68% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -1.22%
2 BlackRock 161.01 Bn 148.08 Bn - 18.16%
3 Blackstone 97.77 Bn 96.72 Bn - 13.55%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 598.59%
5 State Street 51.30 Bn 51.30 Bn - 21.16%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 20.02%
7 Northern Trust 32.93 Bn 32.93 Bn - 24.99%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 25.99%
9 Price T Rowe 24.70 Bn 21.13 Bn - 23.43%
10 Horizon Technology Finance 208.67 Mn 135.40 Mn - 29.60%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.60%
Mar 31, 2026 29.60%
Mar 31, 2026 29.60%
Dec 31, 2025 -10.91%
Dec 31, 2025 -10.91%
Dec 31, 2025 -10.91%
Sep 30, 2025 10.68%
Sep 30, 2025 10.68%
Sep 30, 2025 10.68%
Jun 30, 2025 12.77%
Jun 30, 2025 12.77%
Jun 30, 2025 12.77%
Mar 31, 2025 18.55%
Mar 31, 2025 18.55%
Mar 31, 2025 18.55%
Dec 31, 2024 34.62%
Dec 31, 2024 34.62%
Dec 31, 2024 34.62%
Sep 30, 2024 8.75%
Sep 30, 2024 8.75%