Hercules Capital HCXY
NYSE HCXY
$25.05 +0.03 (+0.12%)
As of: Sep 8, 2026 · 3:02 PM EDT

Hercules Capital (HCXY) Invested Capital (2021 - 2026)

Hercules Capital's (HCXY) quarterly Invested Capital came in at $4.6 billion in Q2 2026, up 9.35% year-over-year from $4.2 billion in Q2 2025, and down 3.28% quarter-over-quarter from $4.8 billion in Q1 2026.

Analysis

Hercules Capital (HCXY) Invested Capital (2021 - 2026) Analysis & Trends

Hercules Capital has disclosed Invested Capital across 6 years of filings, most recently posting $4.6 billion for Q2 2026.

  • In Q2 2026, Invested Capital rose 9.35% year-over-year to $4.6 billion; the TTM figure through Jun 2026 stood at $4.6 billion (up 9.35% YoY), while the FY2025 annual figure was $4.5 billion, up 19.79% from the prior year.
  • Invested Capital came in at $4.6 billion for Q2 2026 at Hercules Capital, down from $4.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $4.8 billion in Q1 2026 to a low of $2.9 billion in Q3 2022.
  • Average Invested Capital over 5 years is $3.7 billion, with a median of $3.6 billion recorded in 2024.
  • Year-over-year, Invested Capital rose 9.32% in 2024 and climbed 20.88% in 2025.
  • Over 5 years, Invested Capital stood at $3.0 billion in 2022, then gained by 12.83% to $3.4 billion in 2023, then grew by 11.94% to $3.8 billion in 2024, then advanced by 19.79% to $4.5 billion in 2025, then rose by 2.38% to $4.6 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $4.6 billion in Q2 2026, $4.8 billion in Q1 2026, and $4.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Ares Capital 14.14 Bn 13.76 Bn - 29.66 Bn
2 Blackstone Secured Lending Fund 5.70 Bn 5.44 Bn - 13.47 Bn
3 Blue Owl Capital 5.54 Bn 5.30 Bn - 14.94 Bn
4 Main Street Capital 5.29 Bn 5.23 Bn - 5.70 Bn
5 Blue Owl Technology Finance 5.08 Bn 4.87 Bn - 14.70 Bn
6 Hercules Capital 4.65 Bn 4.60 Bn - 4.61 Bn
7 FS KKR Capital 3.42 Bn 3.31 Bn - 11.59 Bn
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - 8.24 Bn
9 PennantPark Floating Rate Capital 2.48 Bn -127.01 Mn - 1.65 Bn
10 MidCap Financial Investment 2.07 Bn 2.03 Bn - 2.84 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.61 Bn
Mar 31, 2026 4.77 Bn
Dec 31, 2025 4.50 Bn
Sep 30, 2025 4.34 Bn
Jun 30, 2025 4.22 Bn
Mar 31, 2025 3.98 Bn
Dec 31, 2024 3.76 Bn
Sep 30, 2024 3.59 Bn
Jun 30, 2024 3.60 Bn
Mar 31, 2024 3.64 Bn
Dec 31, 2023 3.36 Bn
Sep 30, 2023 3.28 Bn
Jun 30, 2023 3.17 Bn
Mar 31, 2023 3.21 Bn
Dec 31, 2022 2.98 Bn
Sep 30, 2022 2.88 Bn
Dec 31, 2021 2.54 Bn