Hercules Capital (HTGC) Total Liabilities (2009 - 2026)
Hercules Capital (HTGC) recorded Total Liabilities of $2.63 billion in Q3 2026, up 18.4% from $2.22 billion a year earlier and up 8.9% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Total Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Hercules Capital reported Total Liabilities of $2.37 billion, up 28.6% from FY2024.
- Annual Total Liabilities has a four-year compound annual growth rate of 16.4% (FY2021 to FY2025).
- Across earlier years, Total Liabilities came in at $1.84 billion in FY2024 (+14.1%), $1.61 billion in FY2023 (-0.8%), $1.63 billion in FY2022 (+26.0%) and $1.29 billion in FY2021.
- The Q3 2026 figure is the highest quarterly Total Liabilities in data going back to Q4 2021.
- On a year-over-year basis, Total Liabilities has increased for 11 consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 28.6% in Q4 2025, against a decline of 0.8% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.41 billion (Q2 2026), $2.6 billion (Q1 2026) and $2.37 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 9.67 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.84 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 66.29 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,198.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 105.92 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 10.73 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 1.59 Bn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 16.65 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 130.25 Bn |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - | 2.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.63 Bn |
| Jun 30, 2026 | 2.41 Bn |
| Mar 31, 2026 | 2.60 Bn |
| Dec 31, 2025 | 2.37 Bn |
| Sep 30, 2025 | 2.22 Bn |
| Jun 30, 2025 | 2.13 Bn |
| Mar 31, 2025 | 2.03 Bn |
| Dec 31, 2024 | 1.84 Bn |
| Sep 30, 2024 | 1.80 Bn |
| Jun 30, 2024 | 1.82 Bn |
| Mar 31, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 1.68 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 1.75 Bn |
| Dec 31, 2022 | 1.63 Bn |
| Sep 30, 2022 | 1.56 Bn |
| Jun 30, 2022 | 1.54 Bn |
| Mar 31, 2022 | 4.02 Bn |
| Dec 31, 2021 | 1.29 Bn |
API Access
Hercules Capital Total Liabilities 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=total-liabilities&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();