Hercules Capital (HTGC) Cash from Operations (2009 - 2026)
Hercules Capital (HTGC) recorded Cash from Operations of -$165.64 million in Q3 2026, compared with -$3.17 million a year earlier.
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Analysis
Hercules Capital (HTGC) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Hercules Capital's Cash from Operations came in at -$153.96 million as of Sep 30, 2026; for FY2025, it came in at -$425.8 million.
- Across earlier years, Cash from Operations came in at -$118.09 million in FY2024, $68.28 million in FY2023, -$424.8 million in FY2022 and $128.62 million in FY2021 (-38.1%).
- Quarterly Cash from Operations has ranged from -$240.89 million in Q1 2024 to $297.92 million in Q2 2026 over the past five years.
- Per Business Quant, the preceding three quarters came in at $297.92 million (Q2 2026), -$230.63 million (Q1 2026) and -$55.61 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 686.08 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 1.91 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 876.00 Mn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 2.50 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 207.08 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 344.40 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 1.05 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 2.86 Bn |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - | -165.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -165.64 Mn |
| Jun 30, 2026 | 297.92 Mn |
| Mar 31, 2026 | -230.63 Mn |
| Dec 31, 2025 | -55.61 Mn |
| Sep 30, 2025 | -3.17 Mn |
| Jun 30, 2025 | -144.82 Mn |
| Mar 31, 2025 | -222.20 Mn |
| Dec 31, 2024 | -29.24 Mn |
| Sep 30, 2024 | 92.56 Mn |
| Jun 30, 2024 | 59.49 Mn |
| Mar 31, 2024 | -240.89 Mn |
| Dec 31, 2023 | 130.88 Mn |
| Sep 30, 2023 | -115.37 Mn |
| Jun 30, 2023 | 133.64 Mn |
| Mar 31, 2023 | -80.87 Mn |
| Dec 31, 2022 | -64.92 Mn |
| Sep 30, 2022 | -53.17 Mn |
| Jun 30, 2022 | -118.09 Mn |
| Mar 31, 2022 | -188.62 Mn |
| Dec 31, 2021 | 99.94 Mn |
API Access
Hercules Capital Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "HTGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();