Hercules Capital (HTGC) PIK Interest Income (2009 - 2026)
Hercules Capital's PIK Interest Income came in at $10.56 million for Q3 2026, down 27.0% from $14.48 million a year earlier and down 14.4% from the prior quarter.
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Analysis
Hercules Capital (HTGC) PIK Interest Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hercules Capital reported PIK Interest Income of $50.16 million, down 8.8% year-over-year; for FY2025, it was $55.92 million, up 9.1% from FY2024.
- PIK Interest Income has increased in each of the last three years, with a three-year compound annual growth rate of 39.8% (FY2022 to FY2025).
- Going back by year, PIK Interest Income was $51.27 million in FY2024 (+107.8%), $24.67 million in FY2023 (+20.6%) and $20.46 million in FY2022.
- The Q3 2026 figure represents the lowest quarterly PIK Interest Income since Q1 2024.
- Year-over-year, PIK Interest Income has declined for three consecutive quarters, with growth averaging 0.8% over the last seven quarters.
- Business Quant data shows HTGC's PIK Interest Income at $12.34 million (Q2 2026), $12.91 million (Q1 2026) and $14.34 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PIK Income (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 | - | 58.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - | 10.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.56 Mn |
| Jun 30, 2026 | 12.34 Mn |
| Mar 31, 2026 | 12.91 Mn |
| Dec 31, 2025 | 14.34 Mn |
| Sep 30, 2025 | 14.48 Mn |
| Jun 30, 2025 | 13.64 Mn |
| Mar 31, 2025 | 13.47 Mn |
| Dec 31, 2024 | 13.40 Mn |
| Sep 30, 2024 | 12.71 Mn |
| Jun 30, 2024 | 15.27 Mn |
| Mar 31, 2024 | 9.90 Mn |
| Dec 31, 2023 | 5.89 Mn |
| Sep 30, 2023 | 6.38 Mn |
| Jun 30, 2023 | 7.23 Mn |
| Mar 31, 2023 | 5.17 Mn |
| Dec 31, 2022 | 11.40 Mn |
| Sep 30, 2022 | 2.80 Mn |
| Jun 30, 2022 | 3.37 Mn |
| Mar 31, 2022 | 2.89 Mn |
| Dec 31, 2021 | 7.49 Mn |
API Access
Hercules Capital PIK Interest Income 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=pik-interest-income&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "pik-interest-income", "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=pik-interest-income&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();