Hercules Capital (HTGC) Net Increase in Net Assets from Operations (2009 - 2026)
Hercules Capital (HTGC) posted Income towards Parent Company of $93.57 million for Q3 2026, down 21.8% from $119.69 million a year earlier and down 28.1% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Net Increase in Net Assets from Operations (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Income towards Parent Company at Hercules Capital was $357.08 million, up 15.1% year-over-year; for FY2025, it was $339.74 million, up 29.2% from FY2024.
- Annual Income towards Parent Company shows a four-year compound annual growth rate of 18.2% (FY2021 to FY2025).
- In prior years, Hercules Capital's Income towards Parent Company was $262.97 million in FY2024 (-22.1%), $337.48 million in FY2023 (+230.6%), $102.08 million in FY2022 (-41.4%) and $174.16 million in FY2021.
- Quarterly Income towards Parent Company has run from a low of -$10.32 million in Q2 2022 to a high of $130.18 million in Q2 2026 over five years.
- On a year-over-year basis, Income towards Parent Company increased in four of the last eight quarters, with growth averaging 18.1%.
- The strongest year-over-year quarter for Income towards Parent Company in the past five years was Q3 2024, with growth of 145.7%; the weakest was Q2 2024, with a decline of 55.8%.
- According to Business Quant data, Income towards Parent Company for the three prior quarters was $130.18 million (Q2 2026), $42.5 million (Q1 2026) and $90.83 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 | 93.57 Mn |
| Jun 30, 2026 | 130.18 Mn |
| Mar 31, 2026 | 42.50 Mn |
| Dec 31, 2025 | 90.83 Mn |
| Sep 30, 2025 | 119.69 Mn |
| Jun 30, 2025 | 78.89 Mn |
| Mar 31, 2025 | 50.34 Mn |
| Dec 31, 2024 | 61.44 Mn |
| Sep 30, 2024 | 68.71 Mn |
| Jun 30, 2024 | 41.85 Mn |
| Mar 31, 2024 | 90.96 Mn |
| Dec 31, 2023 | 120.18 Mn |
| Sep 30, 2023 | 27.97 Mn |
| Jun 30, 2023 | 94.78 Mn |
| Mar 31, 2023 | 94.56 Mn |
| Dec 31, 2022 | 62.53 Mn |
| Sep 30, 2022 | 53.20 Mn |
| Jun 30, 2022 | -10.32 Mn |
| Mar 31, 2022 | -3.34 Mn |
| Dec 31, 2021 | 3.71 Mn |
API Access
Hercules Capital Net Increase in Net Assets 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=net-increase-in-net-assets-from-operations&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-increase-in-net-assets-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=net-increase-in-net-assets-from-operations&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();