HERCULES CAPITAL, INC. financials
Source: EDGAR filings · Built 2026-06-19T02:28:57Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -425.89M | -118.79M | 67.39M | -424.91M | 128.51M | 207.66M |
| Net Debt | 2.25B | 1.74B | 1.46B | 1.57B | 1.11B | — |
| Return on Equity (ROE) | 15.33% | 13.22% | 18.72% | 7.28% | 13.31% | 17.59% |
| Return on Assets (ROA) | 7.41% | 6.86% | 9.88% | 3.37% | 6.70% | — |
| Debt-to-Equity | 1.04× | 0.90× | 0.87× | 1.13× | 0.95× | — |
| Cash Conversion Ratio | -1.25× | -0.45× | 0.20× | -4.16× | 0.74× | 0.91× |
| Accruals Ratio | 0.17× | 0.10× | 0.08× | 0.17× | 0.02× | — |
| CapEx Coverage | -4784.28× | -167.50× | 76.98× | -3726.31× | 1213.41× | 1516.80× |
| Free Cash Flow Per Share | $-2.25 | $-0.74 | $0.47 | $-3.35 | $1.11 | $1.85 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Operating Expenses | 206.02M | 178.54M | 165.73M | 141.94M | 136.04M | 130.12M |
| Net Income (Loss) Attributable to Parent | 339.74M | 262.97M | 337.48M | 102.08M | 174.16M | 227.26M |
| Earnings Per Share, Basic | $1.90 | $1.61 | $2.32 | $0.80 | $1.50 | $2.02 |
| Weighted Average Number of Shares Outstanding, Basic | 177.39M | 161.08M | 144.09M | 125.19M | 114.74M | 111.98M |
| Earnings Per Share, Diluted | $1.85 | $1.61 | $2.31 | $0.79 | $1.49 | $2.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 188.86M | 161.60M | 144.83M | 126.66M | 115.95M | 112.27M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 56.99M | 42.68M | 98.09M | 14.62M | 133.12M | 198.28M |
| Assets | 4.58B | 3.83B | 3.42B | 3.03B | 2.60B | — |
| Long-term Debt | 2.29B | 1.77B | 1.55B | 1.57B | 1.24B | — |
| Liabilities | 2.37B | 1.84B | 1.61B | 1.63B | 1.29B | — |
| Stockholders' Equity Attributable to Parent | 2.22B | 1.99B | 1.80B | 1.40B | 1.31B | 1.29B |
| Common Stock, Shares, Outstanding | 182.69M | 170.57M | 157.76M | 133.04M | 116.62M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -425.80M | -118.09M | 68.28M | -424.80M | 128.62M | 207.80M |
| Net Cash Provided by (Used in) Investing Activities | -89.00K | -705.00K | -887.00K | -114.00K | -106.00K | -137.00K |
| Payments for Repurchase of Common Stock | 6.49M | 3.43M | 12.70M | 4.53M | 2.82M | 1.84M |
| Payments of Dividends | 325.99M | 303.48M | 273.68M | 245.12M | 175.50M | 152.42M |
| Net Cash Provided by (Used in) Financing Activities | 368.92M | 119.20M | 22.75M | 314.52M | -229.87M | -85.04M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -230.65M | -55.64M | -370.25M | -367.05M | -222.21M | -29.25M |
| Net Debt | 2.51B | 2.25B | 2.14B | 2.03B | 1.94B | 1.74B |
| Return on Equity (ROE) | 1.91% | 4.10% | 5.47% | 3.67% | 2.52% | 3.09% |
| Return on Assets (ROA) | 0.88% | 1.98% | 2.71% | 1.84% | 1.25% | 1.60% |
| Debt-to-Equity | 1.15× | 1.04× | 0.99× | 0.97× | 1.00× | 0.90× |
| Cash Conversion Ratio | -5.43× | -0.61× | -3.09× | -4.65× | -4.41× | -0.48× |
| Accruals Ratio | 0.06× | 0.03× | 0.11× | 0.10× | 0.07× | 0.02× |
| CapEx Coverage | -12138.58× | -1685.09× | -6610.59× | -13593.33× | -27774.63× | -5848.80× |
| Free Cash Flow Per Share | $-1.17 | $-0.29 | $-1.91 | $-1.92 | $-1.27 | $-0.18 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Operating Expenses | 58.05M | 54.90M | 53.60M | 52.17M | 45.34M | 43.47M |
| Net Income (Loss) Attributable to Parent | 42.50M | 90.83M | 119.69M | 78.89M | 50.34M | 61.44M |
| Earnings Per Share, Basic | $0.23 | $0.49 | $0.66 | $0.44 | $0.29 | $0.36 |
| Weighted Average Number of Shares Outstanding, Basic | 182.76M | 177.39M | 180.36M | 176.81M | 171.49M | 161.08M |
| Earnings Per Share, Diluted | $0.23 | $0.48 | $0.63 | $0.43 | $0.29 | $0.37 |
| Weighted Average Number of Shares Outstanding, Diluted | 196.82M | 188.86M | 194.36M | 190.78M | 175.38M | 161.60M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 42.37M | 56.99M | 29.27M | 52.15M | 51.16M | 42.68M |
| Assets | 4.83B | 4.58B | 4.41B | 4.28B | 4.03B | 3.83B |
| Long-term Debt | 2.54B | 2.29B | 2.15B | 2.06B | 1.98B | 1.77B |
| Liabilities | 2.60B | 2.37B | 2.22B | 2.13B | 2.03B | 1.84B |
| Stockholders' Equity Attributable to Parent | 2.23B | 2.22B | 2.19B | 2.15B | 2.00B | 1.99B |
| Common Stock, Shares, Outstanding | 187.17M | 182.69M | 181.78M | 181.73M | 173.28M | 170.57M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -230.63M | -55.61M | -370.19M | -367.02M | -222.20M | -29.24M |
| Net Cash Provided by (Used in) Investing Activities | -19.00K | -33.00K | -56.00K | -27.00K | -8.00K | -5.00K |
| Payments for Repurchase of Common Stock | 3.37M | 1.02M | 5.47M | 4.50M | 3.47M | 1.03M |
| Payments of Dividends | 84.42M | 82.94M | 243.06M | 159.42M | 78.87M | 77.88M |
| Net Cash Provided by (Used in) Financing Activities | 216.12M | 64.60M | 304.32M | 303.92M | 160.10M | 101.65M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (HCXY CIK 0001280784),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.