Hercules Capital (HTGC) Free Cash Flow (2009 - 2026)
Hercules Capital (HTGC) posted Free Cash Flow of -$165.64 million for Q3 2026, compared with -$3.2 million a year earlier.
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Analysis
Hercules Capital (HTGC) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Free Cash Flow at Hercules Capital was -$154.02 million; for FY2025, it came in at -$425.89 million.
- In prior years, Hercules Capital's Free Cash Flow was -$118.79 million in FY2024, $67.39 million in FY2023, -$424.91 million in FY2022 and $128.52 million in FY2021 (-38.1%).
- Quarterly Free Cash Flow has run from a low of -$241.18 million in Q1 2024 to a high of $297.92 million in Q2 2026 over five years.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $297.92 million (Q2 2026), -$230.65 million (Q1 2026) and -$55.64 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 686.08 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 1.86 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 | - | 144.57 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 343.38 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 | -230.65 Mn |
| Dec 31, 2025 | -55.64 Mn |
| Sep 30, 2025 | -3.20 Mn |
| Jun 30, 2025 | -144.84 Mn |
| Mar 31, 2025 | -222.21 Mn |
| Dec 31, 2024 | -29.25 Mn |
| Sep 30, 2024 | 92.53 Mn |
| Jun 30, 2024 | 59.11 Mn |
| Mar 31, 2024 | -241.18 Mn |
| Dec 31, 2023 | 130.38 Mn |
| Sep 30, 2023 | -115.38 Mn |
| Jun 30, 2023 | 133.36 Mn |
| Mar 31, 2023 | -80.97 Mn |
| Dec 31, 2022 | -64.95 Mn |
| Sep 30, 2022 | -53.19 Mn |
| Jun 30, 2022 | -118.11 Mn |
| Mar 31, 2022 | -188.67 Mn |
| Dec 31, 2021 | 99.85 Mn |
API Access
Hercules Capital Free Cash Flow 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=free-cash-flow&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();