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Hercules Capital (HTGC) Free Cash Flow (2021 - 2025)

Hercules Capital's Free Cash Flow history spans 5 years, with the latest figure at -$55.6 million for Q4 2025.

  • For Q4 2025, Free Cash Flow fell 90.23% year-over-year to -$55.6 million; the TTM value through Dec 2025 reached -$425.9 million, down 258.51%, while the annual FY2025 figure was -$425.9 million, 258.51% down from the prior year.
  • Free Cash Flow for Q4 2025 was -$55.6 million at Hercules Capital, down from -$3.2 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $133.4 million in Q2 2023 and bottomed at -$241.2 million in Q1 2024.
  • The 5-year median for Free Cash Flow is -$55.6 million (2025), against an average of -$47.2 million.
  • The largest annual shift saw Free Cash Flow skyrocketed 300.75% in 2023 before it crashed 345.02% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $99.8 million in 2021, then tumbled by 165.05% to -$64.9 million in 2022, then skyrocketed by 300.75% to $130.4 million in 2023, then plummeted by 122.43% to -$29.2 million in 2024, then crashed by 90.23% to -$55.6 million in 2025.
  • Per Business Quant, the three most recent readings for HTGC's Free Cash Flow are -$55.6 million (Q4 2025), -$3.2 million (Q3 2025), and -$144.8 million (Q2 2025).