Horizon Technology Finance (HTFC) Net Margin (2022 - 2026)
Horizon Technology Finance (HTFC) reported Net Margin of 6.33% for Q1 2026, down 199.0% year-over-year from 6.39% in Q1 2025, and up 74.74% quarter-over-quarter from 3.62% in Q4 2025.
Horizon Technology Finance (HTFC) Net Margin (2022 - 2026) Analysis & Trends
Horizon Technology Finance (HTFC) has 5 years of Net Margin data on file, last reported at 6.33% in Q1 2026.
- Net Margin for Q1 2026 came in at 6.33%, down 199.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.15% (down 2550.0% YoY), and the FY2025 annual result was 12.63%, down 291.0% from the prior year.
- Net Margin advanced to 6.33% in Q1 2026 per HTFC's latest filing, from 3.62% in the prior quarter.
- Over five years, Net Margin peaked at 382.4% in Q4 2023 and troughed at 3.62% in Q4 2025.
- A 5-year average of 61.82% and a median of 23.16% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 36285 bps in 2023, then tumbled 37550 bps in 2024.
- A 5-year view of Net Margin shows it stood at 19.55% in 2022, then soared by 1856 bps to 382.4% in 2023, then plunged by 98 bps to 6.9% in 2024, then slumped by 48 bps to 3.62% in 2025, then jumped by 75 bps to 6.33% in 2026.
- Business Quant data shows HTFC's Net Margin at 6.33% in Q1 2026, 3.62% in Q4 2025, and 23.16% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 34.73% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 34.77% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.45% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 37.97% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.72% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 8.40% |
| 10 | Horizon Technology Finance | - | - | - | 6.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.33% |
| Dec 31, 2025 | 3.62% |
| Sep 30, 2025 | 23.16% |
| Jun 30, 2025 | 13.25% |
| Mar 31, 2025 | 8.31% |
| Dec 31, 2024 | 6.90% |
| Sep 30, 2024 | 15.84% |
| Jun 30, 2024 | 114.71% |
| Mar 31, 2024 | 110.65% |
| Dec 31, 2023 | 382.40% |
| Sep 30, 2023 | 36.12% |
| Jun 30, 2023 | 31.63% |
| Mar 31, 2023 | 21.01% |
| Dec 31, 2022 | 19.55% |
| Sep 30, 2022 | 24.93% |
| Jun 30, 2022 | 118.80% |
| Mar 31, 2022 | 113.76% |