Hercules Capital (HTGC) Shares Outstanding (Diluted) (2021 - 2026)
Hercules Capital's Shares Outstanding (Diluted) came in at 199.58 million for Q2 2026, up 4.6% from 190.78 million a year earlier and up 1.4% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Hercules Capital's Shares Outstanding (Diluted) was 188.86 million, up 16.9% from FY2024.
- Shares Outstanding (Diluted) has increased in each of the last five years, with a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 161.6 million in FY2024 (+11.6%), 144.83 million in FY2023 (+14.3%), 126.66 million in FY2022 (+9.2%) and 115.96 million in FY2021 (+3.3%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2021.
- Year-over-year, Shares Outstanding (Diluted) has increased for 16 consecutive quarters, with growth averaging 13.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 4.6% (Q2 2026) to 20.3% (Q3 2025).
- Business Quant data shows HTGC's Shares Outstanding (Diluted) at 196.82 million (Q1 2026), 188.86 million (Q4 2025) and 194.36 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 556.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.89 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 348.85 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 334.10 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 85.05 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 740.26 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Hercules Capital | 3.15 Bn | 2.97 Bn | - | 199.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 199.58 Mn |
| Mar 31, 2026 | 196.82 Mn |
| Dec 31, 2025 | 188.86 Mn |
| Sep 30, 2025 | 194.36 Mn |
| Jun 30, 2025 | 190.78 Mn |
| Mar 31, 2025 | 175.38 Mn |
| Dec 31, 2024 | 161.60 Mn |
| Sep 30, 2024 | 161.52 Mn |
| Jun 30, 2024 | 161.31 Mn |
| Mar 31, 2024 | 157.92 Mn |
| Dec 31, 2023 | 144.83 Mn |
| Sep 30, 2023 | 147.11 Mn |
| Jun 30, 2023 | 142.08 Mn |
| Mar 31, 2023 | 137.06 Mn |
| Dec 31, 2022 | 126.66 Mn |
| Sep 30, 2022 | 129.33 Mn |
| Jun 30, 2022 | 124.26 Mn |
| Mar 31, 2022 | 118.30 Mn |
| Dec 31, 2021 | 115.96 Mn |
| Sep 30, 2021 | 116.24 Mn |
API Access
Hercules Capital Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();