WhiteHorse Finance (WHF) Cash from Operations (2012 - 2026)
WhiteHorse Finance (WHF) posted Cash from Operations of $422,000 for Q3 2026, down 99.3% from $61.62 million a year earlier.
Powered by 
Analysis
WhiteHorse Finance (WHF) Cash from Operations (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cash from Operations at WhiteHorse Finance was $16.65 million, down 82.9% 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.
- Quarterly Cash from Operations has run from a low of -$112.74 million in Q4 2021 to a high of $61.62 million in Q3 2025 over five years.
- On a year-over-year basis, Cash from Operations increased in two of the last five quarters, with growth averaging 22.8%.
- 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 Q3 2026, with a decline of 99.3%.
- According to Business Quant data, Cash from Operations for the three prior quarters was -$12.98 million (Q2 2026), $28.25 million (Q1 2026) and $959,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 686.08 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 1.91 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 876.00 Mn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 2.50 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 207.08 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 344.40 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 1.05 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 2.86 Bn |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - | 422,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 422,000.00 |
| 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();