Horizon Technology Finance Corp (HRZN) Financial Statements
In fiscal 2025, Horizon Technology Finance reported revenue of $96.0M, down 3.9% from $99.9M the year before. Net income was -$2.7M (a -2.8% net margin), or -$0.06 per diluted share. Gross margin was -52.6% and operating margin was -54.7%. Operating activities generated $56.6M of cash. At fiscal year end, Horizon Technology Finance held $811.1M in total assets against $492.6M in total liabilities.
Open the full interactive Horizon Technology Finance financials → Quarterly statements, key ratios, valuation history and price charts.
Horizon Technology Finance Key Stats
| Share Price | $4.54 |
|---|---|
| Market Cap | $295.0M |
| Dividend Yield | 17.87% |
| Revenue YoY Growth | -3.9% |
| 52-Week Range | $3.53 – $5.87 |
| Shares Outstanding | 65.0 million (basic, 2026 Q2) |
Horizon Technology Finance Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $1.8M | $113.5M | $99.9M | $96.0M |
| Cost of Goods Sold | $42.3M | $50.5M | $50.7M | $50.5M |
| Gross Profit | -$40.5M | -$50.5M | -$50.7M | -$50.5M |
| Operating Income | -$41.9M | -$52.4M | -$52.5M | -$52.5M |
| Pre-Tax Income | $21.2M | -$17.2M | -$5.6M | -$2.7M |
| Net Income | $21.2M | -$17.2M | -$5.6M | -$2.7M |
| Diluted EPS | — | — | -$0.16 | -$0.06 |
Horizon Technology Finance Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $26.3M | $20.7M | $24.1M | $25.0M |
| Net Income | $30.7M | $8.8M | $2.8M | -$37.3M |
| Diluted EPS | $0.68 | $0.21 | $0.06 | -$0.57 |
Horizon Technology Finance Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Total Assets | $766.8M | $802.4M | $821.8M | $811.1M |
| Total Long-Term Debt | $434.1M | $462.2M | $467.9M | $473.0M |
| Total Liabilities | $448.4M | $478.4M | $485.6M | $492.6M |
| Shareholders' Equity | $318.4M | $324.0M | $336.2M | $318.5M |
Horizon Technology Finance Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$246.3M | -$5.3M | $3.9M | $56.6M |
| Cash From Financing | $229.5M | $50.5M | $21.2M | -$14.8M |
| Dividends Paid | $29.8M | $40.5M | $46.4M | $53.1M |
Figures from Horizon Technology Finance's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Horizon Technology Finance financials page for every line item.
Horizon Technology Finance Company Profile
| Ticker | HRZN |
|---|---|
| Exchange | Nasdaq, NYSE |
| Headquarters | Farmington, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001487428 |
Frequently Asked Questions
What was Horizon Technology Finance's revenue in fiscal 2025?
Horizon Technology Finance (HRZN) reported revenue of $96.0M for fiscal 2025.
What is Horizon Technology Finance's annual revenue history?
Horizon Technology Finance's annual revenue by fiscal year: 2022: $1.8M; 2023: $113.5M; 2024: $99.9M; 2025: $96.0M.
What was Horizon Technology Finance's net income in fiscal 2025?
Horizon Technology Finance reported net income of -$2.7M for fiscal 2025.
What was Horizon Technology Finance's earnings per share (EPS) in fiscal 2025?
Horizon Technology Finance's diluted EPS was -$0.06 for fiscal 2025 (adjusted for any later stock splits).
What was Horizon Technology Finance's revenue last quarter?
In its most recent reported quarter (2026 Q2), Horizon Technology Finance reported revenue of $25.0M.
How much debt does Horizon Technology Finance have?
Horizon Technology Finance reported $473.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Horizon Technology Finance are outstanding?
Horizon Technology Finance reported a weighted average of 65.0 million basic shares outstanding in 2026 Q2.
What is Horizon Technology Finance's market cap?
Based on its latest closing price, Horizon Technology Finance (HRZN) has a market capitalization of about $295.0M.
When does Horizon Technology Finance's fiscal year end?
Horizon Technology Finance's fiscal year end, as registered with the SEC, is December 31.
Where is Horizon Technology Finance headquartered?
Horizon Technology Finance lists its business address in Farmington, Connecticut in its SEC filings.