NYSE · HCXY
Hercules Capital, Inc. 6.25% Notes due 2033 financials
$24.98−0.08%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 | Q2 '23 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $141.5M | $112.8M | $138.1M | $137.5M | $119.5M | $95.4M | $125.2M | $125.0M | $121.6M | $96.4M | $116.7M | $116.2M |
| Gross profit | $141.5M | $112.8M | $138.1M | $137.5M | $119.5M | $95.4M | $125.2M | $125.0M | $121.6M | $96.4M | $116.7M | $116.2M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $119.9M | $79.6M | $115.7M | $114.4M | $100.5M | $68.0M | $105.5M | $103.9M | $99.2M | $69.9M | $95.7M | $95.3M |
| Net income | $42.5M | $88.1M | $119.7M | $78.9M | $50.3M | $58.6M | $68.7M | $41.9M | $91.0M | $122.4M | $27.3M | $94.1M |
| Net margin | 30.0% | 78.1% | 86.7% | 57.4% | 42.1% | 61.4% | 54.9% | 33.5% | 74.8% | 127.1% | 23.4% | 80.9% |
| Diluted EPS | $0.23 | $0.48 | $0.63 | $0.43 | $0.29 | $0.37 | $0.42 | $0.25 | $0.57 | $0.80 | $0.19 | $0.66 |
| EBITDA | $120.0M | $79.7M | $115.8M | $114.5M | $100.6M | $68.1M | $105.6M | $104.0M | $99.4M | $69.9M | $95.8M | $95.4M |
| Operating cash flow | -$230.6M | -$55.6M | -$3.2M | -$415.4M | -$222.2M | -$29.2M | $92.6M | -$371.6M | $190.2M | $1.73B | -$115.4M | $762.0K |
| Free cash flow | -$230.7M | -$55.6M | -$3.2M | -$415.4M | -$222.2M | -$29.2M | $92.5M | -$372.0M | $190.0M | $1.73B | -$115.4M | $477.0K |
| Diluted shares | 196.8M | 188.9M | 194.4M | 190.8M | 175.4M | 161.6M | 161.5M | 161.3M | 157.9M | 144.8M | 147.1M | 142.1M |
Balance sheet
| Period end | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $42.4M | $57.0M | $29.3M | $52.1M | $49.4M | $42.7M |
| Short-term investments | $4.72B | $4.47B | $4.31B | $4.18B | $3.92B | $73.7M |
| Total debt | $2.54B | $2.29B | $2.15B | $2.06B | $1.98B | $1.77B |
| Total assets | $4.83B | $4.58B | $4.41B | $4.28B | $4.03B | $3.83B |
| Total liabilities | $2.60B | $2.37B | $2.22B | $2.13B | $2.03B | $1.84B |
| Shareholders' equity | $2.23B | $2.22B | $2.19B | $2.15B | $2.00B | $1.99B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology