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% on a QoQ basis from 39.64% in Q4 2025.
Horizon Technology Finance (HTFC) has 5 years of EBITDA Margin data on file, last reported at 38.37% in Q1 2026.
- Quarterly EBITDA Margin fell 690.0% year-over-year to 38.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 45.63% (down 256.0% YoY) and the FY2025 annual result came in at 47.36%, down 194.0% from the prior year.
- EBITDA Margin fell to 38.37% in Q1 2026 per HTFC's latest filing, from 39.64% in the prior quarter.
- Across five years, EBITDA Margin topped out at 60.17% in Q3 2023 and bottomed at 38.37% in Q1 2026.
- The 5-year median for EBITDA Margin is 48.21% (2025), against an average of 48.76%.
- The widest annual swing landed in 2023, when EBITDA Margin jumped 1185 bps; it then tumbled 1079 bps in 2024.
- Tracing HTFC's EBITDA Margin over 5 years: stood at 48.17% in 2022, then grew by 18 bps to 56.63% in 2023, then declined by 19 bps to 45.84% in 2024, then decreased by 14 bps to 39.64% in 2025, then slipped by 3 bps to 38.37% in 2026.
- Per Business Quant, the three latest HTFC EBITDA Margin figures stand at 38.37% (Q1 2026), 39.64% (Q4 2025), and 54.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 44.01% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 54.78% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 73.37% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 170.02% |
| 9 | Ares Management | 28.85 Bn | 32.22 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% |