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
DateValue
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