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

Horizon Technology Finance (HTFC) 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% quarter-over-quarter from 8.72% in Q4 2025.

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

Horizon Technology Finance (HTFC) has 5 years of Tax Rate data on file, last reported at 14.92% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 14.92%, down 73.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.58% (up 375.0% YoY), and the FY2025 annual result was 8.06%, down 62.0% from the prior year.
  • Tax Rate rose to 14.92% in Q1 2026 per HTFC's latest filing, from 8.72% in the prior quarter.
  • Over five years, Tax Rate peaked at 18.42% in Q4 2024 and troughed at 8.72% in Q4 2025.
  • A 5-year average of 5.07% and a median of 1.97% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate soared 1755 bps in 2024, then slumped 2714 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 8.29% in 2022, then plunged by 89 bps to 0.87% in 2023, then surged by 2013 bps to 18.42% in 2024, then sank by 147 bps to 8.72% in 2025, then soared by 271 bps to 14.92% in 2026.
  • Business Quant data shows HTFC's Tax Rate at 14.92% in Q1 2026, 8.72% in Q4 2025, and 5.77% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Horizon Technology Finance - - - 14.92

Historic Data

Download Data
DateValue
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%