Hercules Capital (HCXY) Tax Rate (2021 - 2026)

Hercules Capital's Tax Rate history runs 6 years deep, the most recent figure standing at 1.65% for Q1 2026.

• In Q1 2026, Tax Rate rose 7.0% year-over-year to 1.65%; the TTM figure through Mar 2026 stood at 2.34% (down 13.0% YoY), while the FY2025 annual figure was 2.33%, down 2.0% from the prior year.
• Tax Rate came in at 1.65% for Q1 2026 at Hercules Capital, down from 3.44% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 7.02% in Q2 2022 to a low of 1.16% in Q1 2024.
• A 5-year average of 2.84% and a median of 2.78% in 2024 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate sank 555 bps in 2022 and jumped 118 bps in 2025, its largest moves.
• Hercules Capital's Tax Rate stood at 2.77% in 2022, then sank by 57 bps to 1.2% in 2023, then surged by 89 bps to 2.26% in 2024, then jumped by 52 bps to 3.44% in 2025, then sank by 52 bps to 1.65% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 1.65%, 3.44%, and 2.65% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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