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Hercules Technology Growth Capital (HTGC)

Hercules Technology Growth Capital (HTGC)
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Hercules Capital is a specialty finance company that provides venture capital to technology and life science-related companies. The company also has offices in Boston, New York, Bethesda and San Diego. Its client list includes selected publicly listed companies, privately held companies backed by leading venture capital, private equity firms and lower middle-market companies. The company offers customized financing solutions ranging from senior debt to equity capital, with a focus on structured debt with warrants.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 532,490 493,590 460,670 321,690 280,980
Sales Growth +7.88% +7.15% +43.20% +14.49% -2.19%
Net Income 339,740 262,970 337,480 102,080 174,160
Net Income Growth +29.19% -22.08% +230.60% -41.39% -23.37%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 4,584,030 3,831,590 3,416,930 3,028,860 2,600,010
Total Assets Growth +19.64% +12.14% +12.81% +16.49% -0.91%
Total Liabilities 2,367,970 1,842,010 1,614,220 1,627,400 1,291,470
Total Liabilities Growth +28.55% +14.11% -0.81% +26.01% -3.06%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -425,800 -118,090 68,280 -424,800 128,620
Operating Cash Flow Growth -260.57% -272.95% +116.07% -430.28% -38.10%
Net Cash Flow -56,970 410 90,140 -110,390 -101,360
Change in Net Cash Flow -13,995.12% -99.55% +181.66% -8.91% -182.66%
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