Horizon Technology Finance Q3 2025 Financial Results

Horizon Technology Finance Corporation announced its financial results for the third quarter ended September 30, 2025. The company reported a net investment income of $14.0 million, or $0.32 per share, and a net asset value of $315.7 million, or $7.12 per share. The debt portfolio yield was 18.6% for the quarter. The company funded three loans totaling $15.0 million and purchased the remaining assets of a co-lender for $22.5 million. Horizon also raised $10.6 million through its at-the-market offering program and experienced liquidity events from eight portfolio companies. The company declared regular monthly distributions totaling $0.33 per share through March 2026. The merger with Monroe Capital Corporation is expected to enhance Horizon's ability to secure larger venture lending transactions.