Hercules Capital (HTGC) Revenue (2021 - 2026)

Hercules Capital's (HTGC) quarterly Revenue came in at $141.5 million in Q1 2026, up 18.43% year-on-year from $119.5 million in Q1 2025, and up 2.99% quarter-over-quarter from $137.4 million in Q4 2025.

Hercules Capital (HTGC) Revenue (2021 - 2026) Analysis & Trends

Hercules Capital has disclosed Revenue across 6 years of filings, most recently posting $141.5 million for Q1 2026.

  • Revenue for Q1 2026 came in at $141.5 million, up 18.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $554.5 million (up 12.81% YoY), and the FY2025 annual result was $532.5 million, up 7.88% from the prior year.
  • Revenue came in at $141.5 million for Q1 2026 at Hercules Capital, up from $137.4 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $141.5 million in Q1 2026 to a low of $65.2 million in Q1 2022.
  • The 5-year median for Revenue is $121.6 million (2024), against an average of $114.7 million.
  • Across the five-year window, Revenue surged 61.29% in 2023 and dropped 1.68% in 2025, its largest moves.
  • Hercules Capital's Revenue stood at $100.2 million in 2022, then grew by 22.37% to $122.6 million in 2023, then decreased by 0.67% to $121.8 million in 2024, then gained by 12.85% to $137.4 million in 2025, then increased by 2.99% to $141.5 million in 2026.
  • The last three Revenue figures came in at $141.5 million (Q1 2026), $137.4 million (Q4 2025), and $138.1 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 141.54 Mn
Dec 31, 2025 137.43 Mn
Sep 30, 2025 138.09 Mn
Jun 30, 2025 137.46 Mn
Mar 31, 2025 119.51 Mn
Dec 31, 2024 121.78 Mn
Sep 30, 2024 125.25 Mn
Jun 30, 2024 125.01 Mn
Mar 31, 2024 121.55 Mn
Dec 31, 2023 122.60 Mn
Sep 30, 2023 116.74 Mn
Jun 30, 2023 116.23 Mn
Mar 31, 2023 105.09 Mn
Dec 31, 2022 100.19 Mn
Sep 30, 2022 84.23 Mn
Jun 30, 2022 72.12 Mn
Mar 31, 2022 65.16 Mn
Dec 31, 2021 72.47 Mn
Sep 30, 2021 70.19 Mn