Horizon Technology Finance Corporation (HRZN) Earnings History
Annual and quarterly earnings data from 2009 to 2025
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HRZN EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
HRZN Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 18.0% | -4.0% | -6.6% |
| 2024 | 5.0% | -12.2% | -16.6% |
| 2023 | -51.7% | -82.2% | -90.0% |
| 2022 | 58.1% | 47.7% | 46.1% |
| 2021 | 73.4% | 62.2% | 61.3% |
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Horizon Technology Finance Corporation (HRZN) Earnings Overview
As of May 8, 2026, Horizon Technology Finance Corporation (HRZN) reported trailing twelve-month net income of $28M, reflecting +756.3% year-over-year growth. The company earned $0.59 per diluted share over the past four quarters, with a net profit margin of -6.6%.
Looking at the long-term picture, HRZN's 5-year EPS compound annual growth rate (CAGR) stands at +23.9%, indicating exceptional earnings growth. The company achieved its highest annual net income of $28M in fiscal 2021.
Horizon Technology Finance Corporation maintains positive profitability with a gross margin of 18.0%, operating margin of -4.0%, and net margin of -6.6%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including TPVG (-$12M net income, 50.6% margin), HTGC ($289M net income, 62.1% margin), SUNS ($12M net income, 46.0% margin), HRZN has room to improve margins relative to the peer group. Compare HRZN vs TPVG →
HRZN Earnings vs Peers
Earnings metrics vs comparable public companies
HRZN Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$3M | +52.8% | -$2M | $1.05 | -6.6% | -4.0% |
| 2024 | -$6M | +67.2% | -$4M | $-0.16 | -16.6% | -12.2% |
| 2023 | -$17M | -181.2% | -$16M | $-0.56 | -90.0% | -82.2% |
| 2022 | $21M | -23.9% | $22M | $0.86 | 46.1% | 47.7% |
| 2021 | $28M | +336.5% | $28M | $1.39 | 61.3% | 62.2% |
| 2020 | $6M | -67.4% | $7M | $0.36 | 31.8% | 32.9% |
| 2019 | $19M | +49.9% | $20M | $1.45 | 65.8% | 66.6% |
| 2018 | $13M | +35.6% | $13M | $1.13 | 61.2% | 61.3% |
| 2017 | $10M | +295.2% | $12M | $0.83 | 77.3% | 99.3% |
| 2016 | -$5M | -141.4% | $17M | $-0.43 | - | - |
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Start ComparisonHRZN — Frequently Asked Questions
Quick answers to the most common questions about buying HRZN stock.
Is HRZN growing earnings?
HRZN EPS is $0.59, with earnings growth accelerating to +756.3%. This exceeds the 5-year CAGR of +23.9%. TTM net income reached $28M.
What are HRZN's profit margins?
Horizon Technology Finance Corporation net margin is -6.6%, with operating margin at -4.0%. Below-average margins reflect competitive or cost pressures.
How consistent are HRZN's earnings?
HRZN earnings data spans 2009-2025. The accelerating earnings trend is +756.3% YoY. Historical data enables comparison across business cycles.