Hercules Capital (HCXY) Net Margin (2021 - 2026)

Hercules Capital (HCXY) has 6 years of Net Margin data on file, last reported at 38.66% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin fell 398.0% year-over-year to 38.66%; the trailing twelve-month figure through Mar 2026 stood at 41.09% (down 543.0% YoY), and the FY2025 full-year result was 45.77%, down 164.0% from the prior year.
• Net Margin eased to 38.66% in Q1 2026, from 43.28% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 63.16% in Q3 2022 to a low of 24.66% in Q1 2022.
• A 5-year average of 45.03% and a median of 43.28% in 2025 frame the typical range for Net Margin.
• Across the five-year window, Net Margin surged 5729 bps in 2022 and sank 1934 bps in 2023, its largest moves.
• Tracing HCXY's Net Margin over 5 years: stood at 62.42% in 2022, then decreased by 11 bps to 55.72% in 2023, then retreated by 3 bps to 54.31% in 2024, then retreated by 20 bps to 43.28% in 2025, then dropped by 11 bps to 38.66% in 2026.
• Business Quant data shows HCXY's Net Margin at 38.66% in Q1 2026, 43.28% in Q4 2025, and 41.32% in Q3 2025.