What is the EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The EBITDA margin for HRZN stock is -3.99%.

What is the TTM average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The TTM average EBITDA margin for HRZN stock is 87.41%.

What is the 3Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The 3Y average EBITDA margin for HRZN stock is 96.17%.

What is the 5Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The 5Y average EBITDA margin for HRZN stock is 50.24%.

What is the 10Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The 10Y average EBITDA margin for HRZN stock is 83.66%.

What is the 15Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?

The 15Y average EBITDA margin for HRZN stock is 99.81%.

Horizon Technology Finance (HRZN) EBITDA Margin: History & Chart

Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the EBITDA margin high or low?

The EBITDA margin of -3.99% is 108% below its 5-year average of 50.24%, near the high end of its 5-year range (-1452.98%–482.22%).

104.56% below its 12-month average of 87.41%.

EBITDA|Gross Margin|Operating Margin|Profit Margin|All Metrics

HRZN EBITDA Margin Metrics

EBITDA MARGIN

-3.99%

EBITDA MARGIN AVG TTM

87.41%

EBITDA MARGIN AVG 3Y

96.17%

EBITDA MARGIN AVG 5Y

50.24%

EBITDA MARGIN AVG 10Y

83.66%

EBITDA MARGIN AVG 15Y

99.81%

EBITDA MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

-104.56%

CURRENT VS 3Y AVG

-104.15%

CURRENT VS 5Y AVG

-107.94%

CURRENT VS 10Y AVG

-104.77%

CURRENT VS 15Y AVG

-104.00%

CURRENT VS 20Y AVG

N/A

HRZN Competitors' EBITDA Margin

HRZN

Horizon Technology Finance Corporation

Current

Market Cap

$229.12M

EBITDA Margin

-3.99%

TTM Avg

87.41%

3Y Avg

96.17%

5Y Avg

50.24%

BIXI

Bitcoin Infrastructure Acquisition Corp Ltd.

vs HRZN

Market Cap

$229.98M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

YICC

Yorkville International Capital Corp.

vs HRZN

Market Cap

$228.16M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

TMTS

Spartacus Acquisition Corp. II

vs HRZN

Market Cap

$230.69M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

SVCC

Stellar V Capital Corp. Class A Ordinary Shares

vs HRZN

Market Cap

$231.28M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

ADAC

American Drive Acquisition Company Class A Ordinary Shares

vs HRZN

Market Cap

$231.61M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

LPCV

Launchpad Cadenza Acquisition Corp I Class A Ordinary Share

vs HRZN

Market Cap

$231.84M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

VHCP

Vine Hill Capital Investment Corp. II Class A Ordinary Shares

vs HRZN

Market Cap

$231.84M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

ITHA

ITHAX Acquisition Corp III

vs HRZN

Market Cap

$231.93M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

SVIV

Spring Valley Acquisition Corp. IV Class A Ordinary Shares

vs HRZN

Market Cap

$232.19M

EBITDA Margin

N/A

TTM Avg

N/A

3Y Avg

N/A

5Y Avg

N/A

NAME	MARKET CAP	EBITDA MARGIN	TTM	3Y	5Y
Horizon Technology Finance Corporation (HRZN)	$229.12M	-3.99%	87.41%	96.17%	50.24%
Bitcoin Infrastructure Acquisition Corp Ltd. (BIXI)vs ›	$229.98M	N/A	N/A	N/A	N/A
Yorkville International Capital Corp. (YICC)vs ›	$228.16M	N/A	N/A	N/A	N/A
Spartacus Acquisition Corp. II (TMTS)vs ›	$230.69M	N/A	N/A	N/A	N/A
Stellar V Capital Corp. Class A Ordinary Shares (SVCC)vs ›	$231.28M	N/A	N/A	N/A	N/A
American Drive Acquisition Company Class A Ordinary Shares (ADAC)vs ›	$231.61M	N/A	N/A	N/A	N/A
Launchpad Cadenza Acquisition Corp I Class A Ordinary Share (LPCV)vs ›	$231.84M	N/A	N/A	N/A	N/A
Vine Hill Capital Investment Corp. II Class A Ordinary Shares (VHCP)vs ›	$231.84M	N/A	N/A	N/A	N/A
ITHAX Acquisition Corp III (ITHA)vs ›	$231.93M	N/A	N/A	N/A	N/A
Spring Valley Acquisition Corp. IV Class A Ordinary Shares (SVIV)vs ›	$232.19M	N/A	N/A	N/A	N/A

Margin Comparison

Gross Margin

18.0%

EBITDA Margin

-4.0%

Operating Margin

-4.0%

Net Margin

4.6%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

Removes effects of depreciation policies (D&A)
Capital structure neutral (ignores interest)
Tax neutral (ignores tax differences)
Good proxy for operating cash generation

EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EBITDA Margin FAQ

What is the EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The EBITDA margin for HRZN stock is -3.99%.
Is Horizon Technology Finance Corporation's EBITDA margin high or low?: The EBITDA margin of -3.99% is 108% below its 5-year average of 50.24%, near the high end of its 5-year range (-1452.98%–482.22%).
What is the TTM average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The TTM average EBITDA margin for HRZN stock is 87.41%.
What is the 3Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The 3Y average EBITDA margin for HRZN stock is 96.17%.
What is the 5Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The 5Y average EBITDA margin for HRZN stock is 50.24%.
What is the 10Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The 10Y average EBITDA margin for HRZN stock is 83.66%.
What is the 15Y average EBITDA margin for Horizon Technology Finance Corporation (HRZN)?: The 15Y average EBITDA margin for HRZN stock is 99.81%.

HRZN EBITDA Margin History

DATE	EBITDA MARGIN
2026-06-30	61.70%
2026-03-31	51.80%
2025-12-31	49.25%
2025-09-30	74.82%
2025-06-30	199.47%
2025-03-31	188.60%
2024-12-31	482.22%
2024-09-30	44.97%
2024-06-30	-1452.98%
2024-03-31	48.25%
2023-12-31	-10.91%
2023-09-30	346.17%
2023-06-30	3.73%
2023-03-31	42.17%
2022-12-31	50.18%
2022-09-30	48.59%
2022-06-30	59.61%
2022-03-31	47.52%
2021-12-31	35.04%
2021-09-30	75.08%
2021-06-30	60.88%
2021-03-31	63.43%
2020-12-31	43.69%
2020-09-30	-2321.43%
2020-06-30	69.52%
2020-03-31	-28.65%
2019-12-31	68.74%
2019-09-30	65.31%
2019-06-30	68.04%
2019-03-31	263.85%
2018-12-31	220.85%
2018-09-30	114.15%
2018-06-30	166.75%
2018-03-31	157.34%
2017-12-31	130.43%
2017-09-30	146.63%
2017-06-30	259.32%
2017-03-31	103.42%
2016-12-31	4754.95%
2016-09-30	-115.67%
2016-06-30	829.47%
2016-03-31	249.20%
2015-12-31	163.87%
2015-09-30	131.49%
2015-06-30	161.09%
2015-03-31	94.31%
2014-12-31	115.92%
2014-09-30	64.34%
2014-06-30	128.12%
2014-03-31	70.69%
2013-12-31	-158.73%
2013-09-30	120.27%
2013-06-30	256.99%
2013-03-31	117.44%
2012-12-31	194.19%
2012-09-30	51.08%
2012-06-30	60.01%
2012-03-31	73.06%
2011-12-31	-239.53%
2011-09-30	61.36%
2011-06-30	33.17%
2011-03-31	44.36%
2010-12-31	-328.76%
2010-09-30	80.85%
2010-06-30	58.76%
2010-03-30	55.71%
2009-12-31	94.21%
2009-09-30	129.64%

EBITDA Margin: -3.99%

HRZN EBITDA Margin

HRZN Average EBITDA Margin Chart

HRZN Current vs Average EBITDA Margin Chart

HRZN EBITDA Margin Metrics

HRZN Competitors' EBITDA Margin

Margin Comparison

EBITDA Margin Formula & Definition

EBITDA Margin FAQ

HRZN EBITDA Margin History

Related Metrics