Horizon Techn Financials
This page shows Horizon Techn (HRZN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Horizon Techn passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Horizon Techn generates $-21.28 in operating cash flow ($56.6M OCF vs -$2.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Horizon Techn reported -$2.7M in net income in fiscal year 2025. This represents an increase of 52.8% from the prior year.
Horizon Techn earned $-0.06 per diluted share (EPS) in fiscal year 2025. This represents an increase of 62.5% from the prior year.
Cash & Balance Sheet
Horizon Techn held $142.7M in cash against $473.0M in long-term debt as of fiscal year 2025.
Horizon Techn paid $1.32 per share in dividends in fiscal year 2025. This represents a decrease of 3.6% from the prior year.
Horizon Techn had 46M shares outstanding in fiscal year 2025. This represents an increase of 14.4% from the prior year.
Margins & Returns
Horizon Techn's ROE was -0.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.8 percentage points from the prior year.
Capital Allocation
HRZN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $437K-28.7% | $613K+43.6% | $427K | N/A | $432K-22.7% | $559K+30.3% | $429K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | $7.9M-3.7% | $8.2M-5.5% | $8.7M | N/A | $7.9M+0.1% | $7.9M-2.7% | $8.2M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $30.7M+247.9% | -$20.8M+3.1% | -$21.4M | N/A | $7.3M+179.7% | -$9.1M-205.5% | $8.7M |
| EPS (Diluted) | N/A | $0.68+236.0% | $-0.50+5.7% | $-0.53 | N/A | $0.20+176.9% | $-0.26-200.0% | $0.26 |
HRZN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $811.1M+6.8% | $759.2M+4.5% | $726.8M-8.0% | $789.6M-3.9% | $821.8M+3.6% | $793.1M+0.7% | $787.4M-1.9% | $802.3M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $142.7M+9.0% | $130.9M+61.3% | $81.2M+4.8% | $77.5M-23.2% | $100.9M+16.4% | $86.6M-25.9% | $116.9M+63.8% | $71.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $492.6M+11.1% | $443.5M+0.1% | $443.0M-8.5% | $484.1M-0.3% | $485.6M+7.8% | $450.5M-1.8% | $458.6M-2.5% | $470.2M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $473.0M+11.6% | $424.0M-0.3% | $425.1M-9.0% | $467.3M-0.1% | $467.9M+7.8% | $434.0M-2.0% | $442.7M-2.2% | $452.5M |
| Total Equity | $318.5M+0.9% | $315.7M+11.2% | $283.8M-7.1% | $305.5M-9.1% | $336.2M-1.9% | $342.5M+4.2% | $328.8M-1.0% | $332.1M |
| Retained Earnings | -$240.9M-2.2% | -$235.7M+6.3% | -$251.7M-16.0% | -$216.9M-19.1% | -$182.1M-15.3% | -$157.9M-3.4% | -$152.6M-16.1% | -$131.5M |
HRZN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$30.4M-160.1% | $50.6M+2.1% | $49.6M+476.2% | -$13.2M+49.6% | -$26.1M+7.5% | -$28.3M-152.0% | $54.3M+1243.5% | $4.0M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $42.2M+4885.9% | -$882K+98.1% | -$45.9M-349.3% | -$10.2M-125.3% | $40.4M+2149.6% | -$2.0M+77.5% | -$8.7M-3.8% | -$8.4M |
| Dividends Paid | $14.0M+4.1% | $13.5M+4.4% | $12.9M+1.2% | $12.7M+5.6% | $12.1M+6.2% | $11.4M-9.5% | $12.6M+20.7% | $10.4M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HRZN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | 9.7%+17.0pp | -7.3%-0.3pp | -7.0% | N/A | 2.1%+4.9pp | -2.8%-5.4pp | 2.6% |
| Return on Assets | N/A | 4.0%+6.9pp | -2.9%-0.2pp | -2.7% | N/A | 0.9%+2.1pp | -1.2%-2.2pp | 1.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 1.49+0.1 | 1.34-0.2 | 1.50-0.0 | 1.53+0.1 | 1.39+0.1 | 1.27-0.1 | 1.35-0.0 | 1.36 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Horizon Techn profitable?
No, Horizon Techn (HRZN) reported a net income of -$2.7M in fiscal year 2025.
How much debt does Horizon Techn have?
As of fiscal year 2025, Horizon Techn (HRZN) had $142.7M in cash and equivalents against $473.0M in long-term debt.
Does Horizon Techn pay dividends?
Yes, Horizon Techn (HRZN) paid $1.32 per share in dividends during fiscal year 2025.
What is Horizon Techn's return on equity (ROE)?
Horizon Techn (HRZN) has a return on equity of -0.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Horizon Techn's operating cash flow?
Horizon Techn (HRZN) generated $56.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Horizon Techn's total assets?
Horizon Techn (HRZN) had $811.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Horizon Techn's debt-to-equity ratio?
Horizon Techn (HRZN) had a debt-to-equity ratio of 1.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Horizon Techn's return on assets (ROA)?
Horizon Techn (HRZN) had a return on assets of -0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Horizon Techn's Piotroski F-Score?
Horizon Techn (HRZN) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Horizon Techn's earnings high quality?
Horizon Techn (HRZN) has an earnings quality ratio of -21.28x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.