Hercules Capital (HTGC) Net Margin (2016 - 2025)

Historic Net Margin for Hercules Capital (HTGC) over the last 15 years, with Q4 2025 value amounting to 43.29%.

  • Hercules Capital's Net Margin fell 57900.0% to 43.29% in Q4 2025 from the same period last year, while for Dec 2025 it was 45.77%, marking a year-over-year decrease of 34300.0%. This contributed to the annual value of 45.77% for FY2025, which is 34300.0% down from last year.
  • As of Q4 2025, Hercules Capital's Net Margin stood at 43.29%, which was down 57900.0% from 45.38% recorded in Q3 2025.
  • Hercules Capital's Net Margin's 5-year high stood at 55.33% during Q4 2023, with a 5-year trough of 27.42% in Q3 2021.
  • In the last 5 years, Hercules Capital's Net Margin had a median value of 47.09% in 2025 and averaged 43.07%.
  • Per our database at Business Quant, Hercules Capital's Net Margin skyrocketed by 211500bps in 2022 and then tumbled by -62500bps in 2024.
  • Quarter analysis of 5 years shows Hercules Capital's Net Margin stood at 29.24% in 2021, then surged by 72bps to 50.38% in 2022, then grew by 10bps to 55.33% in 2023, then fell by -11bps to 49.08% in 2024, then dropped by -12bps to 43.29% in 2025.
  • Its Net Margin was 43.29% in Q4 2025, compared to 45.38% in Q3 2025 and 47.09% in Q2 2025.