Hercules Capital (HTGC) Total Liabilities and Net Assets (2009 - 2026)
Hercules Capital's Liabilities and Shareholders Equity came in at $4.95 billion for Q3 2026, up 12.3% from $4.41 billion a year earlier and up 5.6% from the prior quarter.
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Analysis
Hercules Capital (HTGC) Total Liabilities and Net Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Hercules Capital's Liabilities and Shareholders Equity was $4.58 billion, up 19.6% from FY2024.
- Liabilities and Shareholders Equity has increased in each of the last four years, with a four-year compound annual growth rate of 15.2% (FY2021 to FY2025).
- Going back by year, Liabilities and Shareholders Equity was $3.83 billion in FY2024 (+12.1%), $3.42 billion in FY2023 (+12.8%), $3.03 billion in FY2022 (+16.5%) and $2.6 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Liabilities and Shareholders Equity in data going back to Q4 2021.
- Year-over-year, Liabilities and Shareholders Equity has increased for 13 consecutive quarters, with growth averaging 14.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Liabilities and Shareholders Equity ranged from 9.1% (Q1 2025) to 20.6% (Q3 2025).
- Business Quant data shows HTGC's Liabilities and Shareholders Equity at $4.69 billion (Q2 2026), $4.83 billion (Q1 2026) and $4.58 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 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 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Hercules Capital | 3.01 Bn | 2.66 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.95 Bn |
| Jun 30, 2026 | 4.69 Bn |
| Mar 31, 2026 | 4.83 Bn |
| Dec 31, 2025 | 4.58 Bn |
| Sep 30, 2025 | 4.41 Bn |
| Jun 30, 2025 | 4.28 Bn |
| Mar 31, 2025 | 4.03 Bn |
| Dec 31, 2024 | 3.83 Bn |
| Sep 30, 2024 | 3.66 Bn |
| Jun 30, 2024 | 3.67 Bn |
| Mar 31, 2024 | 3.70 Bn |
| Dec 31, 2023 | 3.42 Bn |
| Sep 30, 2023 | 3.34 Bn |
| Jun 30, 2023 | 3.22 Bn |
| Mar 31, 2023 | 3.25 Bn |
| Dec 31, 2022 | 3.03 Bn |
| Sep 30, 2022 | 2.92 Bn |
| Jun 30, 2022 | 2.87 Bn |
| Mar 31, 2022 | 2.69 Bn |
| Dec 31, 2021 | 2.60 Bn |
API Access
Hercules Capital Total Liabilities and Net Assets 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-and-net-assets&ticker=HTGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities-and-net-assets", "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-and-net-assets&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();