Hercules Capital, Inc. (HTGC) Operating Expenses (2021 - 2026)
Hercules Capital (HTGC) posted Operating Expenses of $61.1 million for Q2 2026, up 5.25% sequentially from $58.1 million in Q1 2026, and up 17.11% YoY from $52.2 million in Q2 2025.
Hercules Capital, Inc. (HTGC) Operating Expenses (2021 - 2026) Analysis & Trends
Hercules Capital has reported Operating Expenses for 6 years, with the latest figure at $61.1 million in Q2 2026.
- Quarterly Operating Expenses rose 17.11% year-over-year to $61.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $227.7 million (up 22.87% YoY) and the FY2025 annual result came in at $206.0 million, up 15.39% from the prior year.
- Operating Expenses rose to $61.1 million in Q2 2026 per HTGC's latest filing, from $58.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $61.1 million in Q2 2026 and troughed at $30.8 million in Q1 2022.
- A 5-year average of $45.1 million and a median of $43.9 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 37.37% in 2023, down 4.68% in 2023.
- Over 5 years, Operating Expenses stood at $40.0 million in 2022, then decreased by 4.68% to $38.2 million in 2023, then gained by 13.95% to $43.5 million in 2024, then increased by 26.29% to $54.9 million in 2025, then gained by 11.29% to $61.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $61.1 million, $58.1 million, and $54.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.10 Mn |
| Mar 31, 2026 | 53.43 Mn |
| Dec 31, 2025 | 39.66 Mn |
| Sep 30, 2025 | 49.54 Mn |
| Jun 30, 2025 | 52.17 Mn |
| Mar 31, 2025 | 42.05 Mn |
| Dec 31, 2024 | 32.69 Mn |
| Sep 30, 2024 | 44.30 Mn |
| Jun 30, 2024 | 42.65 Mn |
| Mar 31, 2024 | 42.39 Mn |
| Dec 31, 2023 | 36.56 Mn |
| Sep 30, 2023 | 42.37 Mn |
| Jun 30, 2023 | 40.53 Mn |
| Mar 31, 2023 | 39.59 Mn |
| Dec 31, 2022 | 40.03 Mn |
| Sep 30, 2022 | 34.23 Mn |
| Jun 30, 2022 | 31.98 Mn |
| Mar 31, 2022 | 30.77 Mn |
| Dec 31, 2021 | 28.64 Mn |
| Sep 30, 2021 | 32.10 Mn |