Hercules Capital (HTGC) Wages, Salaries and Other (2021 - 2026)
Hercules Capital's Wages, Salaries and Other was $22.3 million in Q2 2026, up 9.7% from $20.33 million a year earlier and up 4.0% from the prior quarter.
Hercules Capital (HTGC) Wages, Salaries and Other (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hercules Capital's Wages, Salaries and Other was $83.9 million through Jun 30, 2026, up 24.0% year-over-year; for FY2025, it was $78 million, up 16.3% from FY2024.
- Wages, Salaries and Other has now increased for five consecutive years, with a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- In earlier years, Wages, Salaries and Other was $67.07 million in FY2024 (+5.6%), $63.5 million in FY2023 (+11.0%), $57.23 million in FY2022 (+17.0%) and $48.9 million in FY2021 (+22.1%).
- The Q2 2026 figure marks the highest quarterly Wages, Salaries and Other in data going back to Q3 2021.
- Compared with a year earlier, Wages, Salaries and Other has increased for five straight quarters, with growth averaging 13.9% over the last eight quarters.
- The best year-over-year quarter for Wages, Salaries and Other over five years was Q1 2023 (growth of 39.6%); the worst was Q4 2023 (a decline of 22.8%).
- Per Business Quant data, HTGC's Wages, Salaries and Other in the three quarters before Q2 2026 was $21.44 million (Q1 2026), $19.93 million (Q4 2025) and $20.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 1.05 Bn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 463.00 Mn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 516.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 44.64 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Hercules Capital | 3.13 Bn | 2.96 Bn | - | 22.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.30 Mn |
| Mar 31, 2026 | 21.44 Mn |
| Dec 31, 2025 | 19.93 Mn |
| Sep 30, 2025 | 20.23 Mn |
| Jun 30, 2025 | 20.33 Mn |
| Mar 31, 2025 | 17.52 Mn |
| Dec 31, 2024 | 14.49 Mn |
| Sep 30, 2024 | 15.35 Mn |
| Jun 30, 2024 | 17.76 Mn |
| Mar 31, 2024 | 19.48 Mn |
| Dec 31, 2023 | 12.59 Mn |
| Sep 30, 2023 | 16.94 Mn |
| Jun 30, 2023 | 16.17 Mn |
| Mar 31, 2023 | 17.80 Mn |
| Dec 31, 2022 | 16.31 Mn |
| Sep 30, 2022 | 13.44 Mn |
| Jun 30, 2022 | 14.72 Mn |
| Mar 31, 2022 | 12.75 Mn |
| Dec 31, 2021 | 12.86 Mn |
| Sep 30, 2021 | 12.22 Mn |
Hercules Capital Wages, Salaries and Other 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=wages-salaries-and-other&ticker=HTGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=HTGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();