HTGC
Hercules Capital Inc
NYSE: HTGC · FINANCIAL SERVICES · ASSET MANAGEMENT
$15.50
-0.96% today
Updated 2026-04-29
Market cap
$2.93B
P/E ratio
8.46
P/S ratio
5.50x
EPS (TTM)
$1.85
Dividend yield
10.30%
52W range
$14 – $19
Volume
2.7M
Hercules Capital Inc (HTGC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.41M | $63.94M | $57.05M | $44.74M | $35.08M | $87.20M | $96.17M | $166.09M | $143.10M | $126.55M | $143.41M | $173.43M | $175.52M | $298.20M | $357.38M | $309.58M | $239.39M | $494.12M | $430.90M | $547.10M |
| Revenue growth (YoY) | — | +110.3% | -10.8% | -21.6% | -21.6% | +148.6% | +10.3% | +72.7% | -13.8% | -11.6% | +13.3% | +20.9% | +1.2% | +69.9% | +19.8% | -13.4% | -22.7% | +106.4% | -12.8% | +27.0% |
| Cost of revenue | $5.77M | $4.40M | $13.12M | $9.39M | $8.57M | $13.25M | $19.84M | $30.33M | $28.04M | $30.83M | $32.02M | $37.86M | $39.44M | $54.60M | $59.60M | $54.45M | $54.75M | $67.62M | $77.15M | $69.84M |
| Gross profit | $24.64M | $59.54M | $43.93M | $35.36M | $26.51M | $73.95M | $76.34M | $135.76M | $115.06M | $95.71M | $111.39M | $135.58M | $136.09M | $243.60M | $297.77M | $255.13M | $184.64M | $426.50M | $353.75M | $477.25M |
| Gross margin | 81.0% | 93.1% | 77.0% | 79.0% | 75.6% | 84.8% | 79.4% | 81.7% | 80.4% | 75.6% | 77.7% | 78.2% | 77.5% | 81.7% | 83.3% | 82.4% | 77.1% | 86.3% | 82.1% | 87.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $5.41M | $5.44M | $6.90M | $7.28M | $7.09M | $7.99M | $8.11M | $9.35M | $10.21M | $16.66M | $16.11M | $15.67M | $14.52M | $19.18M | $18.91M | $16.11M | $16.95M | $18.70M | $19.67M | $19.03M |
| Operating income | $11.38M | $42.41M | $21.00M | $13.57M | $4.98M | $46.94M | $46.76M | $99.45M | $71.19M | $42.92M | $68.70M | $79.00M | $76.50M | $173.60M | $227.26M | $174.16M | $102.08M | $337.48M | $262.97M | $365.16M |
| Operating margin | 37.4% | 66.3% | 36.8% | 30.3% | 14.2% | 53.8% | 48.6% | 59.9% | 49.7% | 33.9% | 47.9% | 45.5% | 43.6% | 58.2% | 63.6% | 56.3% | 42.6% | 68.3% | 61.0% | 66.7% |
| EBITDA | $11.45M | $42.61M | $21.30M | $13.94M | $5.38M | $47.28M | $47.05M | $99.70M | $71.45M | $43.11M | $68.91M | $79.20M | $76.69M | $173.86M | $227.68M | $174.47M | $102.28M | $337.67M | $263.43M | $365.43M |
| EBITDA margin | 37.6% | 66.6% | 37.3% | 31.2% | 15.3% | 54.2% | 48.9% | 60.0% | 49.9% | 34.1% | 48.0% | 45.7% | 43.7% | 58.3% | 63.7% | 56.4% | 42.7% | 68.3% | 61.1% | 66.8% |
| EBIT | $11.38M | $42.41M | $21.00M | $13.57M | $4.98M | $46.94M | $46.76M | $99.45M | $71.19M | $42.92M | $68.70M | $79.00M | $76.50M | $173.60M | $227.26M | $174.16M | $102.08M | $337.48M | $262.97M | $365.10M |
| Interest expense | $5.77M | $4.40M | $13.12M | $9.39M | $8.57M | $13.25M | $19.84M | $30.33M | $28.04M | $30.83M | $32.02M | $37.86M | $39.44M | $54.60M | $59.60M | $54.45M | $54.75M | $67.62M | $77.15M | $92.18M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $11.38M | $42.41M | $21.00M | $13.57M | $4.98M | $46.94M | $46.76M | $99.45M | $71.19M | $42.92M | $68.70M | $79.00M | $76.50M | $173.60M | $227.26M | $174.16M | $102.08M | $337.48M | $262.97M | $339.74M |
| Net income growth (YoY) | — | +272.5% | -50.5% | -35.4% | -63.3% | +842.1% | -0.4% | +112.7% | -28.4% | -39.7% | +60.1% | +15.0% | -3.2% | +126.9% | +30.9% | -23.4% | -41.4% | +230.6% | -22.1% | +29.2% |
| Profit margin | 37.4% | 66.3% | 36.8% | 30.3% | 14.2% | 53.8% | 48.6% | 59.9% | 49.7% | 33.9% | 47.9% | 45.5% | 43.6% | 58.2% | 63.6% | 56.3% | 42.6% | 68.3% | 61.0% | 62.1% |