Hercules Capital (HTGC) Shares Outstanding (Entity) (2009 - 2026)
Hercules Capital (HTGC) recorded Shares Outstanding (Entity) of 189.6 million in Q3 2026, up 4.3% from 181.78 million a year earlier and up 1.3% from the prior quarter.
Hercules Capital (HTGC) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Hercules Capital reported Shares Outstanding (Entity) of 182.7 million, up 7.1% from FY2024.
- Annual Shares Outstanding (Entity) has increased for five straight years, with a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Entity) came in at 170.58 million in FY2024 (+8.1%), 157.76 million in FY2023 (+18.6%), 133.05 million in FY2022 (+14.1%) and 116.62 million in FY2021 (+1.7%).
- The Q3 2026 figure is the highest quarterly Shares Outstanding (Entity) in data going back to Q4 2020.
- On a year-over-year basis, Shares Outstanding (Entity) has increased for 17 consecutive quarters, with growth averaging 7.6% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Entity) has ranged between 1.7% (Q4 2021) and 18.6% (Q4 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at 187.22 million (Q2 2026), 187.17 million (Q1 2026) and 182.7 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 574.16 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 2.84 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 | - | 5.87 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 311.00 Mn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 338.92 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 84.49 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 722.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 784.67 Mn |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - | 189.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 189.60 Mn |
| Jun 30, 2026 | 187.22 Mn |
| Mar 31, 2026 | 187.17 Mn |
| Dec 31, 2025 | 182.70 Mn |
| Sep 30, 2025 | 181.78 Mn |
| Jun 30, 2025 | 181.73 Mn |
| Mar 31, 2025 | 173.29 Mn |
| Dec 31, 2024 | 170.58 Mn |
| Sep 30, 2024 | 162.51 Mn |
| Jun 30, 2024 | 162.43 Mn |
| Mar 31, 2024 | 162.23 Mn |
| Dec 31, 2023 | 157.76 Mn |
| Sep 30, 2023 | 151.18 Mn |
| Jun 30, 2023 | 144.64 Mn |
| Mar 31, 2023 | 138.60 Mn |
| Dec 31, 2022 | 133.05 Mn |
| Sep 30, 2022 | 130.19 Mn |
| Jun 30, 2022 | 127.29 Mn |
| Mar 31, 2022 | 123.19 Mn |
| Dec 31, 2021 | 116.62 Mn |
Hercules Capital Shares Outstanding (Entity) 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-entity&ticker=HTGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();