HRZN
NASDAQ
US
Horizon Technology Finance Corporation - Common Stock
$4.28
▲ +$0.11
(+2.64%)
Vol 886K
4
Quality Score
fail
Rev ✗
NI ✗
>IPO ✗
Mkt Cap
$280.9M
ROE
-7.7%
Margin
40.7%
D/E
134.31
Beta
0.99
Div Yield
11.74%
52W
$6–$10
Wall Street Consensus
11 analysts · Apr 20262
Strong Buy
4
Buy
5
Hold
0
Sell
0
Strong Sell
54.5%
Buy Rating
Price Chart
Similar Stocks
Earnings
Beat rate: 25.0%| Quarter | EPS Est | EPS Act | Surprise |
|---|---|---|---|
| Dec 2025 | $0.30 | $0.18 | $-0.12 |
| Sep 2025 | $0.28 | $0.31 | +$0.03 |
| Jun 2025 | $0.28 | $0.28 | $0.00 |
| Mar 2025 | $0.33 | $0.27 | $-0.06 |
Quarterly Revenue & Earnings
| Quarter | 2024-1… | 2025-0… | 2025-0… | 2025-0… | 2025-1… |
|---|---|---|---|---|---|
| Revenue | -$10.6M | -$19.5M | -$18.1M | $33.7M | $11.1M |
| Net Income | -$12.4M | -$21.4M | -$20.8M | $30.7M | $8.8M |
Fundamentals Trend
| Metric | 2025-06-30 | 2025-09-02 | 2025-10-02 | 2025-11-03 | 2025-12-03 | 2026-01-02 |
|---|---|---|---|---|---|---|
| ROE (TTM) | -14.9% | -14.9% | -14.9% | -7.7% | -7.7% | -7.7% |
| P/E (TTM) | — | — | — | — | — | — |
| Net Margin | — | -12.1% | -12.1% | 40.6% | 40.6% | 40.6% |
| Gross Margin | — | -4.9% | -4.9% | 47.1% | 47.1% | 47.1% |
| D/E Ratio | 149.80 | 149.80 | 149.80 | 134.31 | 134.31 | 134.31 |
| Current Ratio | 0.67 | 0.67 | 0.67 | 1.10 | 1.10 | 1.10 |
Key Ratios
ROA (TTM)
-3.1%
P/S (TTM)
9.23
P/B
1.1
EPS (TTM)
$-0.69
Rev Growth 3Y
-8.1%
52W High
$9.99
52W Low
$5.71
$5.71
52-Week Range
$9.99
Financial Health
Free Cash Flow
-$30.4M
Net Debt
$367.5M
Cash
$105.5M
Total Debt
$473.0M
As of Dec 31, 2025
How does HRZN compare to Financial Services peers?
Peer group: Micro-cap Financial Services (All) · 234 companies
HRZN valuation vs Financial Services peers
P/E ratio
—
▼
0%
below
peers
(11.6)
vs Peers
vs Industry
Overvalued
P/S ratio
9.2
▲
207%
above
peers
(3.0)
vs Peers
vs Industry
Overvalued
P/B ratio
1.1
▼
19%
below
peers
(1.3)
vs Peers
vs Industry
Pricier
Div yield
11.7%
▲
96%
above
peers
(6.0%)
vs Peers
vs Industry
Below avg
HRZN profitability vs Financial Services peers
ROE
-7.7%
▼
192%
below
peers
(8.4%)
vs Peers
vs Industry
Weak
Net margin
40.7%
▲
352%
above
peers
(9.0%)
vs Peers
vs Industry
Top tier
Gross margin
47.1%
▼
14%
below
peers
(54.9%)
vs Peers
vs Industry
Weak
ROA
-3.1%
▼
246%
below
peers
(2.1%)
vs Peers
vs Industry
Weak
HRZN financial health vs Financial Services peers
D/E ratio
134.3
▲
56%
above
peers
(86.3)
vs Peers
vs Industry
High debt
Current ratio
1.1
▼
10%
below
peers
(1.2)
vs Peers
vs Industry
Low liquidity
Beta
1.0
▲
16%
above
peers
(0.9)
vs Peers
vs Industry
More volatile
HRZN fundamentals radar
HRZN
Peer median
Industry
HRZN profitability vs leverage
Bubble size = market cap · X = net margin · Y = D/E ratio
HRZN vs peers: key metrics
Top Holders
Top 5: 4.27%Green Alpha Advisors, LLC
1.17%
$2.3M
Two Sigma Investments, LP
1.09%
$2.1M
Eagle Point Credit Manageme…
0.77%
$1.5M
Legal & General Group PLC
0.64%
$1.3M
Blackrock Inc.
0.60%
$1.2M
As of Dec 31, 2025
Dividends
$0.39
/ year
Mar 16, 2026
$0.0600
Feb 17, 2026
$0.1100
Jan 16, 2026
$0.1100
Dec 17, 2025
$0.1100
Nov 17, 2025
$0.1100
Oct 16, 2025
$0.1100
Sep 17, 2025
$0.1100
Aug 18, 2025
$0.1100