WhiteHorse Finance (WHF) Cash from Operations (2021 - 2026)
WhiteHorse Finance (WHF) posted Cash from Operations of -$12.98 million for Q2 2026, compared with $21.7 million a year earlier.
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Analysis
WhiteHorse Finance (WHF) Cash from Operations (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at WhiteHorse Finance was $77.85 million, up 54.6% year-over-year; for FY2025, it was $77.27 million, down 1.9% from FY2024.
- In prior years, WhiteHorse Finance's Cash from Operations was $78.76 million in FY2024 (-12.8%), $90.37 million in FY2023 (+25.5%), $71.99 million in FY2022 and -$90.19 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Cash from Operations since Q4 2021.
- On a year-over-year basis, Cash from Operations increased in two of the last five quarters, with growth averaging 29.5%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q3 2025, with growth of 322.9%; the weakest was Q4 2025, with a decline of 95.4%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $28.25 million (Q1 2026), $959,000 (Q4 2025) and $61.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | -1.21 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 728.46 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 9.25 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 296.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.42 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 335.15 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.62 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 336.00 Mn |
| 10 | WhiteHorse Finance | 150.12 Mn | 113.30 Mn | - | -12.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.98 Mn |
| Mar 31, 2026 | 28.25 Mn |
| Dec 31, 2025 | 959,000.00 |
| Sep 30, 2025 | 61.62 Mn |
| Jun 30, 2025 | 21.70 Mn |
| Mar 31, 2025 | -7.01 Mn |
| Dec 31, 2024 | 21.07 Mn |
| Sep 30, 2024 | 14.57 Mn |
| Jun 30, 2024 | 41.52 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Dec 31, 2023 | 15.80 Mn |
| Sep 30, 2023 | 42.29 Mn |
| Jun 30, 2023 | 10.52 Mn |
| Mar 31, 2023 | 21.76 Mn |
| Dec 31, 2022 | 7.88 Mn |
| Sep 30, 2022 | -122,000.00 |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 15.08 Mn |
| Dec 31, 2021 | -112.74 Mn |
API Access
WhiteHorse Finance Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "WHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();