Hercules Capital (HTGC) Revenue (2021 - 2025)

Hercules Capital's Revenue history spans 5 years, with the latest figure at $137.4 million for Q4 2025.

  • For Q4 2025, Revenue rose 12.85% year-over-year to $137.4 million; the TTM value through Dec 2025 reached $532.5 million, up 7.88%, while the annual FY2025 figure was $532.5 million, 7.88% up from the prior year.
  • Revenue for Q4 2025 was $137.4 million at Hercules Capital, roughly flat from $138.1 million in the prior quarter.
  • Across five years, Revenue topped out at $138.1 million in Q3 2025 and bottomed at $61.2 million in Q4 2021.
  • The 5-year median for Revenue is $118.1 million (2023), against an average of $107.8 million.
  • The largest annual shift saw Revenue skyrocketed 63.66% in 2022 before it decreased 1.68% in 2025.
  • A 5-year view of Revenue shows it stood at $61.2 million in 2021, then skyrocketed by 63.66% to $100.2 million in 2022, then increased by 22.37% to $122.6 million in 2023, then fell by 0.67% to $121.8 million in 2024, then increased by 12.85% to $137.4 million in 2025.
  • Per Business Quant, the three most recent readings for HTGC's Revenue are $137.4 million (Q4 2025), $138.1 million (Q3 2025), and $137.5 million (Q2 2025).