Hercules Capital, Inc. (HTGC)

Hercules Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	76.24	77.67	50.91	14.43	27.62	23.88
Other Revenue	427.76	415.93	409.76	307.26	253.36	263.38
Revenue	504	493.59	460.67	321.69	280.98	287.26
Revenue Growth (YoY)	3.72%	7.15%	43.20%	14.49%	-2.19%	7.24%
Gross Profit	504	493.59	460.67	321.69	280.98	287.26
Selling, General & Admin	75.95	75.97	73.1	65.86	59.98	58.96
Other Operating Expenses	5.35	5.84	6.07	5.42	7.93	4.29
Operating Expenses	81.3	81.8	79.17	71.27	67.9	63.24
Operating Income	422.71	411.79	381.5	250.42	213.07	224.01
Interest Expense	-92.2	-85.96	-77.47	-62.35	-63.1	-66.87
EBT Excluding Unusual Items	330.5	325.83	304.04	188.07	149.97	157.14
Gain (Loss) on Sale of Investments	-70.92	-62.7	33.45	-82.3	28.61	70.12
Other Unusual Items	-0.21	-0.17	-	-3.69	-4.42	-
Pretax Income	259.37	262.97	337.48	102.08	174.16	227.26
Net Income	259.37	262.97	337.48	102.08	174.16	227.26
Preferred Dividends & Other Adjustments	2.76	2.83	3.34	2.2	1.71	1.61
Net Income to Common	256.61	260.14	334.14	99.88	172.44	225.65
Net Income Growth	-7.68%	-22.08%	230.60%	-41.38%	-23.37%	30.91%
Shares Outstanding (Basic)	168	161	144	125	115	112
Shares Outstanding (Diluted)	173	162	145	127	116	112
Shares Change (YoY)	11.65%	11.58%	14.34%	9.23%	3.28%	10.53%
EPS (Basic)	1.53	1.61	2.32	0.80	1.50	2.02
EPS (Diluted)	1.52	1.61	2.31	0.79	1.49	2.01
EPS Growth	-15.70%	-30.30%	192.41%	-46.98%	-25.87%	17.54%
Free Cash Flow	-303.77	-118.79	67.39	-424.91	128.52	207.67
Free Cash Flow Per Share	-1.76	-0.73	0.47	-3.35	1.11	1.85
Dividend Per Share	1.600	1.600	1.590	1.430	1.310	1.280
Dividend Growth	-	0.63%	11.19%	9.16%	2.34%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	83.87%	83.43%	82.82%	77.84%	75.83%	77.98%
Profit Margin	50.91%	52.70%	72.53%	31.05%	61.37%	78.55%
Free Cash Flow Margin	-60.27%	-24.07%	14.63%	-132.09%	45.74%	72.29%
EBITDA	423.06	412.26	381.69	250.62	213.39	224.43
EBITDA Margin	83.94%	83.52%	82.86%	77.91%	75.95%	78.13%
D&A For EBITDA	0.35	0.47	0.19	0.2	0.32	0.42
EBIT	422.71	411.79	381.5	250.42	213.07	224.01
EBIT Margin	83.87%	83.43%	82.82%	77.84%	75.83%	77.98%
Revenue as Reported	504	493.59	460.67	321.69	280.98	287.26

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q