Hercules Capital (HTGC) FCF Margin (2021 - 2026)

Hercules Capital has disclosed FCF Margin across 6 years of filings, most recently posting 162.96% for Q1 2026.

• FCF Margin for Q1 2026 came in at 162.96%, up 2297.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 78.33% (down 5802.0% YoY), and the FY2025 annual result was 79.98%, down 5591.0% from the prior year.
• FCF Margin came in at 162.96% for Q1 2026 at Hercules Capital, down from 40.49% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 114.73% in Q2 2023 to a low of 289.57% in Q1 2022.
• The 5-year median for FCF Margin is 64.82% (2022), against an average of 66.73%.
• Across the five-year window, FCF Margin sank 20261 bps in 2022 and surged 27851 bps in 2023, its largest moves.
• Hercules Capital's FCF Margin stood at 64.82% in 2022, then soared by 264 bps to 106.34% in 2023, then plunged by 123 bps to 24.02% in 2024, then slumped by 69 bps to 40.49% in 2025, then plunged by 303 bps to 162.96% in 2026.
• The last three FCF Margin figures came in at 162.96% (Q1 2026), 40.49% (Q4 2025), and 2.32% (Q3 2025), per Business Quant data.