Horizon Technology Finance (HTFC) EBITDA Margin (2022 - 2026)
Horizon Technology Finance (HTFC) reported EBITDA Margin of 38.37% for Q1 2026, down 690.0% year-over-year from 6.5% in Q1 2025, and down 3.21% quarter-over-quarter from 39.64% in Q4 2025.
Horizon Technology Finance (HTFC) EBITDA Margin (2022 - 2026) Analysis & Trends
Horizon Technology Finance (HTFC) has 5 years of EBITDA Margin data on file, last reported at 38.37% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 38.37%, down 690.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.63% (down 256.0% YoY), and the FY2025 annual result was 47.36%, down 194.0% from the prior year.
- EBITDA Margin declined to 38.37% in Q1 2026 per HTFC's latest filing, from 39.64% in the prior quarter.
- Over five years, EBITDA Margin peaked at 60.17% in Q3 2023 and troughed at 38.37% in Q1 2026.
- A 5-year average of 48.76% and a median of 48.21% in 2025 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin soared 1185 bps in 2023, then sank 1079 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 48.17% in 2022, then rose by 18 bps to 56.63% in 2023, then retreated by 19 bps to 45.84% in 2024, then dropped by 14 bps to 39.64% in 2025, then declined by 3 bps to 38.37% in 2026.
- Business Quant data shows HTFC's EBITDA Margin at 38.37% in Q1 2026, 39.64% in Q4 2025, and 54.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 44.01% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 170.02% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.29% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 26.04% |
| 10 | Horizon Technology Finance | - | - | - | 38.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.37% |
| Dec 31, 2025 | 39.64% |
| Sep 30, 2025 | 54.59% |
| Jun 30, 2025 | 48.21% |
| Mar 31, 2025 | 45.26% |
| Dec 31, 2024 | 45.84% |
| Sep 30, 2024 | 49.71% |
| Jun 30, 2024 | 51.68% |
| Mar 31, 2024 | 49.69% |
| Dec 31, 2023 | 56.63% |
| Sep 30, 2023 | 60.17% |
| Jun 30, 2023 | 57.80% |
| Mar 31, 2023 | 47.06% |
| Dec 31, 2022 | 48.17% |
| Sep 30, 2022 | 48.32% |
| Jun 30, 2022 | 46.74% |
| Mar 31, 2022 | 41.04% |