Hercules Capital Balance Sheet

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
Cash & Equivalents	56.99	113.12	98.9	15.8	133.12
Cash & Short-Term Investments	56.99	113.12	98.9	15.8	133.12
Cash Growth	-49.62%	14.38%	526.06%	-88.13%	-32.87%
Receivables	37.26	32.58	32.74	31.68	17.37
Restricted Cash	2.47	3.3	17.11	10.08	3.15
Other Current Assets	0.17	0.15	10.89	0.88	0.56
Total Current Assets	96.88	149.15	159.64	58.43	154.19
Property, Plant & Equipment	14.84	16.78	4.79	4.99	6.76
Long-Term Investments	4,467	3,660	3,248	2,964	2,435
Long-Term Deferred Charges	-	-	-	-	2.16
Other Long-Term Assets	5.65	5.68	4.45	1.48	2.38
Total Assets	4,584	3,832	3,417	3,029	2,600
Accounts Payable	65.26	54.36	50.79	46.34	42.08
Accrued Expenses	-	0.5	2.6	1.2	5.7
Current Portion of Long-Term Debt	424.27	169.83	104.83	-	379.3
Current Portion of Leases	3.18	-	-	-	-
Other Current Liabilities	-	-	0.77	-	-
Total Current Liabilities	492.71	224.69	158.98	47.54	427.08
Long-Term Debt	1,862	1,599	1,450	1,574	857
Long-Term Leases	13.09	18.19	5.2	5.51	7.38
Total Liabilities	2,368	1,842	1,614	1,627	1,291
Common Stock	0.18	0.17	0.16	0.13	0.12
Additional Paid-In Capital	2,115	1,900	1,663	1,341	1,092
Retained Earnings	101.15	88.92	140.01	59.91	216.52
Shareholders' Equity	2,216	1,990	1,803	1,401	1,309
Total Liabilities & Equity	4,584	3,832	3,417	3,029	2,600
Total Debt	2,303	1,787	1,560	1,580	1,244
Net Cash (Debt)	-2,246	-1,674	-1,461	-1,564	-1,111
Net Cash Per Share	-11.89	-10.36	-10.09	-12.35	-9.58
Filing Date Shares Outstanding	181.51	171.09	156.5	135.52	118.73
Total Common Shares Outstanding	180.51	168.51	155.88	132.09	115.58
Working Capital	-395.83	-75.54	0.66	10.89	-272.89
Book Value Per Share	12.28	11.81	11.56	10.61	11.32
Tangible Book Value	2,216	1,990	1,803	1,401	1,309
Tangible Book Value Per Share	12.28	11.81	11.56	10.61	11.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q