NYSE · HCXY

Hercules Capital, Inc. 6.25% Notes due 2033 financials

$24.98−0.08%
Close Sep 28, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY24
Dec 31
FY23
Dec 31
FY22
Dec 31
Revenue$493.6M$460.7M$321.7M
Gross profit$493.6M$460.7M$321.7M
Gross margin100.0%100.0%100.0%
Operating income$403.0M$371.7M$242.8M
Net income$260.1M$334.1M$99.9M
Net margin52.7%72.5%31.0%
Diluted EPS$1.61$2.31$0.79
EBITDA$398.8M$364.9M$238.3M
Operating cash flow-$118.1M$68.3M-$424.8M
Free cash flow-$118.8M$67.4M-$424.9M
Diluted shares161.6M144.8M126.7M

Balance sheet

Period endDec 31Dec 31
Cash & equivalents$42.7M$98.1M
Short-term investments$73.7M$17.9M
Total debt$1.77B$1.55B
Total assets$3.83B$3.42B
Total liabilities$1.84B$1.61B
Shareholders' equity$1.99B$1.80B

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