Hercules Capital, Inc.HTGCNYSE

Revenue (LTM)

$547M

+27.0% YoY

Net Income (LTM)

$340M

+29.2% YoY

Free Cash Flow

$-426M

Revenue CAGR (5Y)

+8.9%

Marginsimproving

FCF($0.4B)

Profitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	310	239↓22.7%	494↑106.4%	431↓12.8%	547↑27.0%
Gross Profit	255	185↓27.6%	426↑131.0%	354↓17.1%	477↑34.9%
Operating Income	174	102↓41.4%	337↑230.6%	263↓22.1%	365↑38.9%
Net Income	174	102↓41.4%	337↑230.6%	263↓22.1%	340↑29.2%
EBITDA	174	102↓41.4%	338↑230.1%	263↓22.0%	365↑38.7%
EPS Diluted	1.49	0.79↓47.0%	2.31↑192.4%	1.61↓30.3%	1.85↑14.9%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	133	16↓88.1%	99↑526.1%	113↑14.4%	57↓49.7%
Total Current Assets	154	58↓62.1%	160↑173.2%	75↓52.9%	94↑25.1%
Total Assets	2,600	3,029↑16.5%	3,417↑12.8%	3,832↑12.1%	4,584↑19.6%
Total Current Liabilities	427	48↓88.9%	159↑234.4%	55↓65.5%	65↑19.0%
Total Liabilities	1,291	1,627↑26.0%	1,614↓0.8%	1,842↑14.1%	2,368↑28.6%
Total Equity	1,309	1,401↑7.1%	1,803↑28.6%	1,990↑10.4%	2,216↑11.4%
Total Debt	1,244	1,580↑27.0%	1,560↓1.3%	1,787↑14.6%	2,303↑28.8%
Net Debt	1,111	1,564↑40.8%	1,461↓6.6%	1,674↑14.6%	2,246↑34.2%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	129	-425↓430.3%	68↑116.1%	-118↓273.0%	-426↓260.6%
Capital Expenditure	-0	-0↓7.5%	-1↓678.1%	-1↑20.5%	-0↑87.4%
Free Cash Flow	129	-425↓430.6%	67↑115.9%	-119↓276.3%	-426↓258.4%
Stock-Based Comp	12	13↑12.1%	0	0	15
Net Change in Cash	-101	-110↓8.9%	90↑181.7%	0↓99.5%	-57↓14062.5%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

Explore More

Filter and sort all 500 stocks

Today's biggest gainers and losers

Visual sector performance