HRZNHorizon Technology Finance Corporation

$199M

Q2 2025 Earnings

Financial Services Asset Management

Income Statement

Revenue

-$10M-1737.3% YoY

Gross Profit

-$18M182.9% margin

Operating Income

-$20M206.3% margin

Net Income

-$21M210.1% margin

EPS (Diluted)

$-0.50

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$50M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$727M

Total Liabilities

$443M

Stockholders' Equity

$284M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	-$10M	$604,000	-1737.3%
Gross Profit	-$18M	-$7M	-146.6%
Operating Income	-$20M	-$9M	-132.5%
Net Income	-$21M	-$9M	-127.5%

HRZN Q2 2025 Earnings — Horizon Technology Finance Corporation Revenue & Financial Results | Market Cap Arena