Horizon Technology Finance Announces Third Quarter 2026 Financial Results
Business Wire•05/11/2026•16:15 ET
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Key Highlights
- ➤Backlog grew 14% sequentially to $351 million at quarter end
- ➤NII $0.19 per share, down from $0.32 year over year
- ➤NAV $5.56 per share, down from $6.98 at December 31, 2025
- ➤Debt portfolio yield 14.7%, down from 18.6% year over year
- ➤Net unrealized depreciation reached $29.1 million, versus $40.5 million appreciation
Expert Statements
Mike Balkin, Chief Executive Officer of Horizon
“We were pleased to grow our debt investment portfolio for the fourth consecutive quarter, funding nine loans totaling $98.4 million, and delivering NII which once again covered our regular distributions. Additionally, we believe that the meaningful increase in our pipeline from the prior quarter-end reflects our strength in sourcing high-quality debt investment opportunities, as well as the benefits of our relationship with Monroe Capital. While we work on growing our portfolio, we remain focused on rigorously managing our stressed debt investments, which continued to impact our NAV per share in the quarter. As we close out 2026, with our strong balance sheet and increasingly robust pipeline, we believe we are in an excellent position to further grow our portfolio and drive long-term value creation for shareholders. To support that effort, we are pleased to create the new role of Chief Growth and Strategy Officer at Horizon’s Advisor and to appoint Manuel Henriquez to this position. We look forward to his contributions as we build on our momentum.”
Horizon Technology Finance Announces Third Quarter 2026 Financial Results
- Third Quarter 2026 Net Investment Income per Share of $0.19; NAV per Share of $5.56 -
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