Horizon Technology Finance Corp (HTFC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 18.39M | 11.15M | 33.66M | -18.09M | -19.5M | -10.61M | 9.07M | -7.34M | 10.56M | 23.41M | -10.52M | 1.69M | 7.03M | 5.81M | 7.2M | 8.73M | 4.91M | 3.86M | 13.97M | 8.19M |
| Gross Margin % | 76.9% | 58.14% | 81% | 182.93% | 180.24% | 442.65% | 53.31% | -1214.57% | 56.4% | 86.71% | 308.48% | 19.07% | 49.69% | 48.3% | 57.42% | 67.39% | 58.89% | 54.28% | 81.78% | 73.5% |
| Gross Profit Growth % | 194.32% | 205.1% | 271.15% | -146.59% | -284.68% | -145.31% | 186.25% | -533.57% | 50.14% | 303.15% | -246.06% | -80.62% | 43.38% | 50.34% | -48.45% | 6.57% | -32.29% | 5.72% | 666.11% | -7.31% |
| Operating Expenses | 6M | 2.38M | 2.57M | 2.31M | 1.56M | 1.46M | 1.42M | 1.44M | 1.53M | 26.35M | 1.28M | 1.36M | 1.54M | 1.38M | 1.11M | 1.01M | 1.28M | 1.37M | 1.14M | 1.41M |
| OpEx % of Revenue | 25.1% | 12.4% | 6.18% | -23.4% | -14.4% | -60.89% | 8.34% | 238.41% | 8.16% | 97.63% | -37.69% | 15.34% | 10.9% | 11.46% | 8.83% | 7.77% | 15.4% | 19.24% | 6.69% | 12.61% |
| Selling, General & Admin | 1.78M | 1.59M | 1.31M | 1.54M | 1.56M | 1.46M | 1.42M | 1.44M | 1.53M | 1.48M | 1.28M | 1.36M | 1.54M | 1.38M | 1.11M | 1.01M | 1.28M | 1.37M | 1.14M | 1.01M |
| SG&A % of Revenue | 7.43% | 8.32% | 3.14% | -15.55% | -14.4% | -60.89% | 8.34% | 238.41% | 8.16% | 5.49% | -37.69% | 15.34% | 10.9% | 11.46% | 8.83% | 7.77% | 15.4% | 19.24% | 6.69% | 9.07% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 12.39M | 8.77M | 31.09M | -20.4M | -21.06M | -12.06M | 7.65M | -8.78M | 9.03M | -2.95M | -11.8M | 331K | 5.49M | 4.43M | 6.09M | 7.72M | 3.62M | 2.49M | 12.82M | 6.79M |
| Operating Margin % | 51.8% | 45.74% | 74.82% | 206.33% | 194.64% | 503.55% | 44.97% | -1452.98% | 48.25% | -10.91% | 346.17% | 3.73% | 38.79% | 36.84% | 48.59% | 59.61% | 43.49% | 35.04% | 75.08% | 60.88% |
| Operating Income Growth % | 158.83% | 172.69% | 306.42% | -132.5% | -333.15% | -309.54% | 164.83% | -2751.36% | 64.52% | -166.53% | -293.68% | -95.71% | 51.57% | 77.62% | -52.48% | 13.81% | -40.44% | -4.81% | 494.55% | -14.37% |
| EBITDA | 10.96M | 9.44M | 31.09M | -19.73M | -20.41M | -11.55M | 7.65M | -8.78M | 9.03M | -2.95M | -11.8M | 331K | 5.97M | 6.03M | 6.09M | 7.72M | 3.96M | 2.49M | 12.82M | 6.79M |
| EBITDA Margin % | 45.81% | 49.25% | 74.82% | 199.47% | 188.6% | 482.22% | 44.97% | -1452.98% | 48.25% | -10.91% | 346.17% | 3.73% | 42.17% | 50.18% | 48.59% | 59.61% | 47.52% | 35.04% | 75.08% | 60.88% |
| EBITDA Growth % | 153.7% | 181.72% | 306.42% | -124.77% | -325.92% | -292.19% | 164.83% | -2751.36% | 51.34% | -148.84% | -293.68% | -95.71% | 50.78% | 141.96% | -52.48% | 13.81% | -37.34% | -4.81% | 494.55% | -14.37% |
| D&A (Non-Cash Add-back) | 0 | 672K | 0 | 678K | 653K | 511K | 0 | 0 | 0 | 0 | 0 | 0 | 478K | 1.6M | 0 | 0 | 336K | 0 | 0 | 0 |
| EBIT | 10.96M | 8.77M | 31.09M | -20.4M | -21.06M | -12.06M | 7.65M | -8.78M | 9.03M | -2.95M | -11.8M | 331K | 5.49M | 4.43M | 6.09M | 7.72M | 3.62M | 2.49M | 12.82M | 6.79M |
| Net Interest Income | 14.9M | 12.09M | 16.39M | 14.41M | 14.77M | 15.05M | 15.24M | 16.73M | 17.7M | 19.53M | 21.91M | 19.45M | 20.28M | 16.83M | 17.41M | 13.49M | 10.43M | 11.98M | 10.92M | 9.53M |
| Interest Income | 23.08M | 20.11M | 24.29M | 22.61M | 23.45M | 23.26M | 23.18M | 24.67M | 25.86M | 27.09M | 29.01M | 26.62M | 27.4M | 23.05M | 22.75M | 17.72M | 13.85M | 15.23M | 14.04M | 12.48M |
| Interest Expense | 8.18M | 8.03M | 7.9M | 8.2M | 8.68M | 8.21M | 7.95M | 7.94M | 8.16M | 7.56M | 7.11M | 7.18M | 7.12M | 6.21M | 5.34M | 4.22M | 3.42M | 3.25M | 3.11M | 2.95M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 2.78M | 8.77M | 31.09M | -20.4M | -21.06M | -12.06M | 7.65M | -8.78M | 9.03M | -10.66M | -11.8M | 331K | 5.49M | 4.43M | 6.09M | 7.72M | 3.62M | 2.49M | 12.82M | 6.79M |
| Pretax Margin % | 11.61% | 45.74% | 74.82% | 206.33% | 194.64% | 503.55% | 44.97% | -1452.98% | 48.25% | -39.49% | 346.17% | 3.73% | 38.79% | 36.84% | 48.59% | 59.61% | 43.49% | 35.04% | 75.08% | 60.88% |
| Income Tax | 0 | -60K | 373K | 373K | 378K | 367K | 373K | 357K | 379K | 0 | 179K | 179K | 184K | 409K | 100K | 106K | 100K | 227K | 56K | 56K |
| Effective Tax Rate % | 0% | -0.68% | 1.2% | -1.83% | -1.8% | -3.04% | 4.88% | -4.07% | 4.2% | 0% | -1.52% | 54.08% | 3.35% | 9.24% | 1.64% | 1.37% | 2.76% | 9.11% | 0.44% | 0.83% |
| Net Income | 2.78M | 8.83M | 30.72M | -20.78M | -21.44M | -12.43M | 7.28M | -9.13M | 8.65M | -10.66M | -11.98M | 152K | 5.31M | 4.02M | 5.99M | 7.62M | 3.52M | 2.27M | 12.77M | 6.73M |
| Net Margin % | 11.61% | 46.06% | 73.92% | 210.1% | 198.13% | 518.86% | 42.77% | -1512.09% | 46.22% | -39.49% | 351.42% | 1.71% | 37.49% | 33.43% | 47.79% | 58.8% | 42.29% | 31.85% | 74.76% | 60.38% |
| Net Income Growth % | 112.96% | 171.03% | 322.12% | -127.49% | -347.73% | -16.61% | 160.75% | -6108.55% | 63.08% | -365.26% | -299.9% | -98% | 50.65% | 77.36% | -53.06% | 13.18% | -41.49% | -5.47% | 492.83% | -15.08% |
| Net Income (Continuing) | 2.78M | 8.83M | 30.72M | -20.78M | -21.44M | -12.43M | 7.28M | -9.13M | 8.65M | -10.66M | -11.98M | 152K | 5.31M | 4.02M | 5.99M | 7.62M | 3.52M | 2.27M | 12.77M | 6.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06 | 0.19 | 0.67 | -0.50 | 0.27 | -0.34 | 0.20 | -0.26 | 0.26 | -0.32 | -0.37 | 0.01 | 0.19 | 0.15 | 0.23 | 0.31 | 0.16 | 0.11 | 0.63 | 0.34 |
| EPS Growth % | -78.26% | 155.88% | 235% | -92.31% | 3.85% | -6.25% | 154.05% | - | 36.84% | -313.33% | -260.87% | -98.35% | 18.75% | 36.36% | -63.49% | -8.82% | -48.39% | -15.38% | 431.58% | -27.66% |
| EPS (Basic) | 0.06 | 0.20 | 0.71 | -0.50 | 0.27 | -0.34 | 0.20 | -0.26 | 0.26 | -0.32 | -0.37 | 0.01 | 0.19 | 0.15 | 0.23 | 0.31 | 0.16 | 0.11 | 0.63 | 0.34 |
| Diluted Shares Outstanding | 47.32M | 42.35M | 45.84M | 41.22M | 40.22M | 36.1M | 36.57M | 35.43M | 33.58M | 33.34M | 32.45M | 29.75M | 28.23M | 26.92M | 25.74M | 24.3M | 21.9M | 20.62M | 20.27M | 19.83M |
| Basic Shares Outstanding | 47.32M | 42.35M | 43.1M | 41.22M | 40.22M | 36.1M | 36.57M | 35.43M | 33.58M | 33.34M | 32.45M | 29.75M | 28.23M | 26.92M | 25.74M | 24.3M | 21.9M | 20.62M | 20.27M | 19.83M |
| Dividend Payout Ratio | - | 158.68% | 43.79% | - | - | - | - | - | 120.15% | - | - | - | 170.35% | 226.3% | - | 92.94% | 176.8% | - | 46.55% | - |