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

Hercules Capital (HCXY) Operating Income (2021 - 2026)

Hercules Capital's (HCXY) quarterly Operating Income came in at $92.9 million in Q2 2026, up 4.71% year-over-year from $88.7 million in Q2 2025, and up 5.45% quarter-over-quarter from $88.1 million in Q1 2026.

Analysis

Hercules Capital (HCXY) Operating Income (2021 - 2026) Analysis & Trends

Hercules Capital has disclosed Operating Income across 6 years of filings, most recently posting $92.9 million for Q2 2026.

  • In Q2 2026, Operating Income rose 4.71% year-over-year to $92.9 million; the TTM figure through Jun 2026 stood at $356.6 million (up 7.88% YoY), while the FY2025 annual figure was $341.7 million, up 4.88% from the prior year.
  • Operating Income came in at $92.9 million for Q2 2026 at Hercules Capital, up from $88.1 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $92.9 million in Q2 2026 to a low of $35.8 million in Q1 2022.
  • Average Operating Income over 5 years is $74.5 million, with a median of $80.2 million recorded in 2024.
  • Year-over-year, Operating Income jumped 88.63% in 2023 and dropped 5.69% in 2024.
  • Over 5 years, Operating Income stood at $62.1 million in 2022, then soared by 38.45% to $86.0 million in 2023, then declined by 5.69% to $81.1 million in 2024, then increased by 7.18% to $87.0 million in 2025, then grew by 6.83% to $92.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $92.9 million in Q2 2026, $88.1 million in Q1 2026, and $87.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Ares Capital 14.14 Bn 13.76 Bn - 367.00 Mn
2 Blackstone Secured Lending Fund 5.70 Bn 5.44 Bn - 178.20 Mn
3 Blue Owl Capital 5.54 Bn 5.30 Bn - 176.89 Mn
4 Main Street Capital 5.29 Bn 5.23 Bn - 93.80 Mn
5 Blue Owl Technology Finance 5.08 Bn 4.87 Bn - 139.07 Mn
6 Hercules Capital 4.65 Bn 4.60 Bn - 92.92 Mn
7 FS KKR Capital 3.42 Bn 3.31 Bn - -
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - 85.22 Mn
9 PennantPark Floating Rate Capital 2.48 Bn -127.01 Mn - 5.81 Mn
10 MidCap Financial Investment 2.07 Bn 2.03 Bn - 32.77 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 92.92 Mn
Mar 31, 2026 88.11 Mn
Dec 31, 2025 86.98 Mn
Sep 30, 2025 88.55 Mn
Jun 30, 2025 88.73 Mn
Mar 31, 2025 77.46 Mn
Dec 31, 2024 81.15 Mn
Sep 30, 2024 83.16 Mn
Jun 30, 2024 82.36 Mn
Mar 31, 2024 79.16 Mn
Dec 31, 2023 86.04 Mn
Sep 30, 2023 76.79 Mn
Jun 30, 2023 75.70 Mn
Mar 31, 2023 65.50 Mn
Dec 31, 2022 62.15 Mn
Sep 30, 2022 50.00 Mn
Jun 30, 2022 40.13 Mn
Mar 31, 2022 35.79 Mn
Dec 31, 2021 40.36 Mn
Sep 30, 2021 38.09 Mn