Hercules Capital Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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 Income	331.9	339.74	262.97	337.48	102.08	174.16
Depreciation & Amortization	9.48	8.84	7.42	7.17	5.77	6.69
Stock-Based Compensation	15.34	14.79	12.49	11.93	10.83	10.39
Net Change in Loans Held-for-Sale	-1,449	-726.88	-418.95	-202.26	-589.23	-46.93
Other Adjustments	-43.81	-68.19	2.57	-68.87	61.98	-29.07
Changes in Accrued Interest and Accounts Receivable	-7.22	-5.34	0.06	-1.05	-14.21	1.71
Changes in Accrued Expenses	6.69	8.04	13.69	6.35	-2.42	9.51
Changes in Other Operating Activities	0.52	3.19	1.67	-22.47	0.41	2.18
Operating Cash Flow	-434.24	-425.8	-118.09	68.28	-424.8	128.62
Operating Cash Flow Growth	-	-	-	-	-	-38.10%
Capital Expenditures	-0.1	-0.09	-0.71	-0.89	-0.11	-0.11
Investing Cash Flow	-0.1	-0.09	-0.71	-0.89	-0.11	-0.11
Long-Term Debt Issued	2,157	1,996	1,332	659	1,274	1,737
Long-Term Debt Repaid	-1,598	-1,485	-1,119	-683	-931.2	-1,787
Net Long-Term Debt Issued (Repaid)	558.84	511.52	213.63	-24	343.04	-50.07
Issuance of Common Stock	219.52	206.79	220.88	344.35	232.09	10.83
Repurchase of Common Stock	-6.39	-6.49	-3.43	-12.7	-4.53	-2.82
Net Common Stock Issued (Repurchased)	213.14	200.3	217.45	331.65	227.56	8.01
Common Dividends Paid	-331.53	-325.99	-303.48	-273.68	-245.12	-175.5
Other Financing Activities	-15.5	-16.91	-8.4	-11.22	-10.95	-12.32
Financing Cash Flow	424.94	368.92	119.2	22.75	314.52	-229.87
Net Cash Flow	-9.4	-56.97	0.41	90.14	-110.39	-101.36
Free Cash Flow	-434.34	-425.89	-118.79	67.39	-424.91	128.52
Free Cash Flow Growth	-	-	-	-	-	-38.11%
FCF Margin	-100.21%	-97.16%	-33.60%	15.80%	-234.82%	51.26%
Free Cash Flow Per Share	-2.24	-2.26	-0.74	0.47	-3.35	1.11

SEC Filings: 10-K · 10-Q