Horizon Bancorp financials
$19.04−1.24%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.3M | $359.5M | $324.3M | $283.5M | $252.1M | $259.6M | $251.4M | $200.6M | $161.6M | $142.0M |
| Gross profit | -$27.0M | $191.6M | $187.7M | $247.0M | $233.8M | $225.2M | $203.8M | $169.0M | $145.2M | $121.4M |
| Gross margin | −25.4% | 53.3% | 57.9% | 87.1% | 92.7% | 86.7% | 81.1% | 84.2% | 89.9% | 85.5% |
| Operating income | -$201.2M | $27.4M | $39.0M | $105.6M | $102.4M | $78.4M | $79.8M | $63.6M | $48.0M | $32.7M |
| Net income | -$150.5M | $35.4M | $28.0M | $93.4M | $87.1M | $68.5M | $66.5M | $53.1M | $33.1M | $23.9M |
| Net margin | −141.5% | 9.9% | 8.6% | 33.0% | 34.6% | 26.4% | 26.5% | 26.5% | 20.5% | 16.8% |
| Diluted EPS | $-3.24 | $0.80 | $0.64 | $2.14 | $1.98 | $1.55 | $1.53 | $1.38 | $0.95 | $0.79 |
| EBITDA | -$200.8M | $27.4M | $39.0M | $105.6M | $102.4M | $78.4M | $79.8M | $63.6M | $48.0M | $32.7M |
| Operating cash flow | $79.2M | $6.4M | $88.9M | $94.4M | $106.3M | $78.9M | $174.4M | $72.3M | $49.1M | $25.5M |
| Free cash flow | $74.3M | $1.3M | $81.2M | $88.0M | $104.9M | $73.0M | $169.8M | $68.9M | $46.4M | $24.2M |
| Diluted shares | 46.5M | 44.1M | 43.8M | 43.7M | 44.0M | 44.1M | 43.6M | 38.5M | 34.8M | 30.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $66.8M | $92.3M | $112.8M | $123.5M | $593.5M | $249.7M |
| Short-term investments | $997.7M | $2.36B | $2.94B | $3.05B | $2.74B | $1.33B |
| Total debt | $346.8M | $1.35B | $1.47B | $1.26B | $828.3M | $590.2M |
| Total assets | $6.44B | $7.80B | $7.94B | $7.87B | $7.41B | $5.89B |
| Total liabilities | $5.75B | $7.04B | $7.22B | $7.20B | $6.69B | $5.19B |
| Shareholders' equity | $688.3M | $763.6M | $718.8M | $677.4M | $723.2M | $692.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology