Hercules Capital, Inc. (HTGC) Net Margin (2021 - 2026)
Hercules Capital (HTGC) posted Net Margin of 38.66% for Q2 2026, little changed sequentially from 38.66% in Q1 2026, and down 252.0% YoY from 25.43% in Q2 2025.
Hercules Capital, Inc. (HTGC) Net Margin (2021 - 2026) Analysis & Trends
Hercules Capital has reported Net Margin for 6 years, with the latest figure at 38.66% in Q2 2026.
- Quarterly Net Margin fell 252.0% year-over-year to 38.66% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 41.87% (down 315.0% YoY) and the FY2025 annual result came in at 43.71%, down 371.0% from the prior year.
- Net Margin was little changed at 38.66% in Q2 2026 per HTGC's latest filing, from 38.66% in the prior quarter.
- Over five years, Net Margin peaked at 63.16% in Q3 2022 and troughed at 24.66% in Q1 2022.
- A 5-year average of 45.22% and a median of 43.24% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 5729 bps in 2022, then tumbled 1934 bps in 2023.
- Over 5 years, Net Margin stood at 62.42% in 2022, then dropped by 2 bps to 61.18% in 2023, then retreated by 10 bps to 54.88% in 2024, then dropped by 10 bps to 49.22% in 2025, then retreated by 21 bps to 38.66% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 38.66%, 38.66%, and 49.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.66% |
| Mar 31, 2026 | 38.66% |
| Dec 31, 2025 | 43.28% |
| Sep 30, 2025 | 41.32% |
| Jun 30, 2025 | 41.18% |
| Mar 31, 2025 | 42.65% |
| Dec 31, 2024 | 47.65% |
| Sep 30, 2024 | 41.91% |
| Jun 30, 2024 | 47.27% |
| Mar 31, 2024 | 44.73% |
| Dec 31, 2023 | 55.72% |
| Sep 30, 2023 | 43.83% |
| Jun 30, 2023 | 48.64% |
| Mar 31, 2023 | 38.32% |
| Dec 31, 2022 | 62.42% |
| Sep 30, 2022 | 63.16% |
| Jun 30, 2022 | 33.45% |
| Mar 31, 2022 | 24.66% |
| Dec 31, 2021 | 5.12% |
| Sep 30, 2021 | 33.55% |