NASDAQ · HRZN
Horizon Technology Finance financials
$4.59−0.86%
Close Sep 30, 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 |
|---|---|---|---|---|---|---|
| Revenue | $51.8M | $46.5M | $35.0M | $64.2M | $60.0M | $31.6M |
| Gross profit | $19.0M | $14.2M | $6.0M | $45.0M | $47.9M | $22.0M |
| Gross margin | 36.6% | 30.6% | 17.2% | 70.1% | 79.9% | 69.4% |
| Operating income | -$1.6M | -$4.2M | -$15.7M | $21.9M | $28.2M | $6.6M |
| Net income | -$2.7M | -$5.6M | -$17.2M | $21.2M | $27.8M | $6.4M |
| Net margin | −5.1% | −12.1% | −49.1% | 33.0% | 46.3% | 20.1% |
| Diluted EPS | $-0.06 | $-0.16 | $-0.56 | $0.86 | $1.39 | $0.36 |
| EBITDA | $1.2M | -$4.2M | -$15.5M | $21.9M | $28.6M | $6.6M |
| Operating cash flow | $56.6M | $3.9M | -$5.3M | -$246.3M | -$76.0M | -$25.3M |
| Free cash flow | $56.6M | $3.9M | -$5.3M | -$246.3M | -$76.0M | -$25.3M |
| Diluted shares | 42.3M | 36.1M | 31.0M | 24.7M | 20.0M | 17.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $105.5M | $70.3M | $46.6M | $20.6M | $38.1M |
| Short-term investments | $684.4M | $728.5M | $738.2M | $729.9M | $467.3M |
| Total debt | $473.0M | $467.9M | $462.2M | $434.1M | $257.6M |
| Total assets | $811.1M | $821.8M | $802.4M | $766.8M | $514.0M |
| Total liabilities | $492.6M | $485.6M | $478.4M | $448.4M | $268.6M |
| Shareholders' equity | $318.5M | $336.2M | $324.0M | $318.4M | $245.3M |
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