Hercules Capital (HTGC) Shares Outstanding (Entity) (2021 - 2026)
Hercules Capital (HTGC) recorded Shares Outstanding (Entity) of 187.22 million in Q2 2026, up 3.0% from 181.73 million a year earlier and unchanged from the prior quarter.
Hercules Capital (HTGC) Shares Outstanding (Entity) (2021 - 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 Q2 2026 figure is the highest quarterly Shares Outstanding (Entity) in data going back to Q3 2021.
- On a year-over-year basis, Shares Outstanding (Entity) has increased for 16 consecutive quarters, with growth averaging 8.0% over the last eight quarters.
- The year-over-year growth in Shares Outstanding (Entity) has ranged between 3.0% (Q2 2026) and 18.6% (Q4 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at 187.17 million (Q1 2026), 182.7 million (Q4 2025) and 181.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 3.76 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 575.00 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 337.18 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 325.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.67 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 750.57 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Hercules Capital | 3.15 Bn | 2.97 Bn | - | 187.22 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 115.93 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();