Hercules Capital Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	415.71	390.04	366.81	252.51	198.91
Net Interest Income Growth	6.58%	6.34%	45.26%	26.94%	-2.38%
Non-Interest Income	22.62	-36.47	59.69	-71.56	51.8
Non-Interest Income Growth	-	-	-	-	-44.89%
Revenues Before Loan Losses	438.33	353.57	426.5	180.95	250.72
Revenue	438.33	353.57	426.5	180.95	250.72
Revenue Growth (YoY)	23.97%	-17.10%	135.70%	-27.83%	-15.80%
Compensation Expenses	78	67.07	63.5	57.23	48.9
Selling, General & Admin	35.84	34.31	34.61	29.96	32.7
Other Non-Interest Expenses	-15.24	-10.78	-9.1	-8.32	-5.04
Total Non-Interest Expense	98.6	90.61	89.01	78.87	76.56
Pretax Income	339.74	262.97	337.48	102.08	174.16
Net Income	339.74	262.97	337.48	102.08	174.16
Net Income to Common	339.74	262.97	337.48	102.08	174.16
Net Income Growth	29.19%	-22.08%	230.60%	-41.38%	-23.37%
Shares Outstanding (Basic)	177	161	144	125	115
Shares Outstanding (Diluted)	189	162	145	127	116
Shares Change (YoY)	16.87%	11.58%	14.34%	9.23%	3.28%
EPS (Basic)	1.90	1.61	2.32	0.80	1.50
EPS (Diluted)	1.85	1.61	2.31	0.79	1.49
EPS Growth	14.91%	-30.30%	192.41%	-46.98%	-25.87%
Shares Outstanding	182.7	170.58	157.76	133.05	116.62
Free Cash Flow	-425.89	-118.79	67.39	-424.91	128.52
Free Cash Flow Growth	-	-	-	-	-38.11%
Free Cash Flow Per Share	-2.26	-0.74	0.47	-3.35	1.11
Dividends Per Share	1.600	1.600	1.590	1.430	1.310
Dividend Growth	-	0.63%	11.19%	9.16%	2.34%
Profit Margin	77.51%	74.37%	79.13%	56.41%	69.46%
FCF Margin	-97.16%	-33.60%	15.80%	-234.82%	51.26%
EBITDA	8.84	7.42	7.17	5.77	6.69
EBITDA Margin	2.02%	2.10%	1.68%	3.19%	2.67%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q