Hercules Capital (HTGC) Fee Income (2009 - 2026)
Hercules Capital's Financial Services Fees was $5.89 million in Q3 2026, down 15.1% from $6.94 million a year earlier and down 46.8% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Fee Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hercules Capital's Financial Services Fees was $27.94 million through Sep 30, 2026, up 8.7% year-over-year; for FY2025, it was $24.61 million, down 6.8% from FY2024.
- Financial Services Fees shows a five-year compound annual growth rate of 0.6% (FY2020 to FY2025).
- In earlier years, Financial Services Fees was $26.4 million in FY2024 (+0.6%), $26.24 million in FY2023 (+81.9%), $14.43 million in FY2022 (-47.7%) and $27.62 million in FY2021 (+15.6%).
- Quarterly Financial Services Fees has moved between $2.82 million (Q3 2022) and $11.07 million (Q2 2026) over five years.
- Compared with a year earlier, Financial Services Fees was higher in four of the last eight quarters, with growth averaging 2.4%.
- The best year-over-year quarter for Financial Services Fees over five years was Q3 2023 (growth of 127.0%); the worst was Q3 2022 (a decline of 59.0%).
- Per Business Quant data, HTGC's Financial Services Fees in the three quarters before Q3 2026 was $11.07 million (Q2 2026), $5.13 million (Q1 2026) and $5.84 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 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 | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.89 Mn |
| Jun 30, 2026 | 11.07 Mn |
| Mar 31, 2026 | 5.13 Mn |
| Dec 31, 2025 | 5.84 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | 7.89 Mn |
| Mar 31, 2025 | 3.94 Mn |
| Dec 31, 2024 | 6.95 Mn |
| Sep 30, 2024 | 6.20 Mn |
| Jun 30, 2024 | 7.48 Mn |
| Mar 31, 2024 | 5.77 Mn |
| Dec 31, 2023 | 7.40 Mn |
| Sep 30, 2023 | 6.41 Mn |
| Jun 30, 2023 | 7.25 Mn |
| Mar 31, 2023 | 5.19 Mn |
| Dec 31, 2022 | 5.32 Mn |
| Sep 30, 2022 | 2.82 Mn |
| Jun 30, 2022 | 3.38 Mn |
| Mar 31, 2022 | 2.91 Mn |
| Dec 31, 2021 | 7.51 Mn |
API Access
Hercules Capital Fee Income 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=fee-income&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fee-income", "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=fee-income&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();