Horizon Technology Finance annual net debt
2021
2022
2023
2024
2025
Horizon Technology Finance Net Debt Growth & History (HRZN)
Horizon Technology Finance's net debt was $330.3M for fiscal 2025.
View full Horizon Technology Finance company overviewHorizon Technology Finance annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $330.3M | −$36.7M | −10.00% |
| 2024 | 2024-12-31 | $367.0M | −$19.5M | −5.04% |
| 2023 | 2023-12-31 | $386.5M | −$17.1M | −4.24% |
| 2022 | 2022-12-31 | $403.6M | $193.3M | +91.89% |
| 2021 | 2021-12-31 | $210.3M | — | — |
Horizon Technology Finance quarterly net debt
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $267.4M | −$76.6M | −22.26% |
| Q1 2026 | 2026-03-31 | $373.9M | −$15.9M | −4.08% |
| Q4 2025 | 2025-12-31 | $330.3M | −$36.7M | −10.00% |
| Q3 2025 | 2025-09-30 | $293.1M | −$54.2M | −15.60% |
| Q2 2025 | 2025-06-30 | $344.0M | $18.1M | +5.56% |
| Q1 2025 | 2025-03-31 | $389.8M | $8.7M | +2.27% |
| Q4 2024 | 2024-12-31 | $367.0M | −$19.5M | −5.04% |
| Q3 2024 | 2024-09-30 | $347.3M | −$38.1M | −9.88% |
| Q2 2024 | 2024-06-30 | $325.9M | −$39.0M | −10.68% |
| Q1 2024 | 2024-03-31 | $381.2M | −$12.0M | −3.04% |
| Q4 2023 | 2023-12-31 | $386.5M | −$17.1M | −4.24% |
| Q3 2023 | 2023-09-30 | $385.4M | $59.6M | +18.28% |
| Q2 2023 | 2023-06-30 | $364.9M | — | — |
| Q1 2023 | 2023-03-31 | $393.1M | — | — |
| Q4 2022 | 2022-12-31 | $403.6M | $193.3M | +91.89% |
| Q3 2022 | 2022-09-30 | $325.8M | — | — |
| Q4 2021 | 2021-12-31 | $210.3M | — | — |
Horizon Technology Finance net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Horizon Technology Finance's net debt increased from $210.3M to $330.3M, a change of $120.0M. The latest reported quarter, Q2 2026, shows $267.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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