Hercules Capital reported cash from operations of $297.92M and free cash flow of $297.92M for the quarter ended Jun 2026, up 305.7% year over year. This cash flow statement covers 21 quarters of results from Dec 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Dec2020 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||
| Net Income | 23.55M | 3.71M | 21.59M | 24.12M | 53.20M | 62.53M | 45.16M | 54.07M | 55.96M | 65.31M | 58.43M | 59.10M | 58.81M | 57.70M | 54.45M | 61.99M | 59.66M | 56.63M | 56.30M | 58.99M | |
| Share-based Compensation | 3.30M | 1.39M | 13.23M | 3.70M | 2.50M | 2.50M | -3.56M | 3.30M | 16.40M | 13.61M | 2.92M | 3.13M | 3.23M | 3.21M | 3.64M | 3.70M | 3.73M | 3.73M | 4.18M | 3.95M | |
| Change in Interest Receivables | -0.49M | 2.29M | 2.48M | 3.27M | 6.17M | -0.20M | 0.59M | -0.03M | 0.68M | 2.74M | -3.87M | -0.07M | 1.13M | 1.22M | 1.74M | 1.43M | 0.95M | 3.09M | -3.76M | ||
| Cash from Operations | 99.94M | -188.62M | -118.08M | -53.17M | -64.92M | -80.87M | 133.64M | -115.36M | 130.88M | -240.89M | 59.49M | 92.56M | -29.24M | -222.20M | -144.82M | -3.17M | -55.61M | -230.63M | 297.92M | ||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||
| Amortizatization of Intangibles | 21.21M | 5.71M | 6.35M | -9.06M | 1.70M | 1.64M | 1.57M | 2.13M | 1.59M | 0.90M | 1.08M | 1.18M | 1.48M | 1.11M | 2.53M | 1.76M | 1.76M | 1.77M | 2.57M | ||
| Amortization of Deferred Charges | 2.77M | 3.92M | 1.37M | 1.03M | 1.27M | 1.51M | 1.72M | 1.54M | 1.54M | 1.75M | 1.76M | 1.53M | 1.49M | 1.73M | 1.84M | 1.88M | 1.89M | 2.26M | 2.49M | 2.11M | |
| Depreciation & Amortization (CF)Depreciation & Amortization | 0.06M | 0.05M | 0.06M | 0.05M | 0.04M | 0.04M | 0.06M | 0.06M | 0.02M | 0.19M | 0.10M | 0.09M | 0.09M | 0.09M | 0.08M | 0.08M | 0.08M | 0.09M | 0.08M | ||
| Change in Working Capital | |||||||||||||||||||||
| Change in Accured Expenses | 10.19M | -21.07M | 8.44M | -2.23M | 12.44M | -14.68M | 12.10M | 1.16M | 7.77M | -1.25M | 10.37M | -3.10M | 7.67M | -19.34M | 14.55M | 0.49M | 12.34M | -20.70M | 17.87M | ||
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | 0.09M | 0.05M | 0.02M | 0.01M | 0.03M | 0.09M | 0.28M | 0.01M | 0.50M | 0.29M | 0.38M | 0.03M | 0.01M | 0.01M | 0.02M | 0.03M | 0.03M | 0.02M | |||
| Cash from Investing Activities | -0.09M | -0.05M | -0.02M | -0.01M | -0.03M | -0.09M | -0.28M | -0.01M | -0.50M | -0.29M | -0.38M | -0.03M | -0.01M | -0.01M | -0.02M | -0.03M | -0.03M | -0.02M | |||
| Financing Activities | |||||||||||||||||||||
| Debt Issuance and Repayment | |||||||||||||||||||||
| Long-Term Debt Issuances | 390.64M | 535.50M | 588.74M | 45.00M | 105.00M | 225.00M | 155.00M | 153.00M | 150.00M | 403.00M | 253.00M | 283.00M | 393.15M | 569.19M | 5.30M | 22.90M | 332.00M | 729.82M | 13.70M | ||
| Change in Capital Stock | |||||||||||||||||||||
| Net Shares Issued and Repurchased | 0.08M | 0.01M | 0.03M | 0.00M | |||||||||||||||||
| Net Equity Issued and Repurchased | 10.83M | 86.18M | 62.54M | 43.29M | 40.08M | 66.17M | 66.16M | 111.28M | 100.74M | 67.28M | 153.60M | 40.16M | 150.75M | 15.88M | 52.89M | ||||||
| Dividend Payments | |||||||||||||||||||||
| Dividends Paid - Common | 45.41M | 56.86M | 59.07M | 63.00M | 66.19M | 63.83M | 71.93M | 74.25M | 1.60M | 1.80M | 77.88M | 78.87M | 2.10M | 2.10M | 82.94M | 84.42M | 85.97M | ||||
| Misc. | |||||||||||||||||||||
| Cash from Financing Activities | -212.94M | 114.86M | 174.33M | -0.08M | 25.41M | 134.04M | -138.27M | 78.57M | -51.60M | 185.46M | -80.48M | -87.43M | 101.65M | 160.10M | 143.82M | 0.40M | 64.60M | 216.12M | -292.42M | ||
| Change in Cash | -113.09M | -73.81M | 56.22M | -53.27M | -39.53M | 53.07M | -4.91M | -36.80M | 78.78M | -55.73M | -21.37M | 5.10M | 72.40M | -62.10M | -1.02M | -2.81M | 8.96M | -14.53M | 5.50M | ||
| Free Cash Flow | 99.85M | -188.67M | -118.11M | -53.19M | -64.95M | -80.97M | 133.35M | -115.38M | 130.38M | -241.18M | 59.11M | 92.53M | -29.25M | -222.21M | -144.84M | -3.20M | -55.64M | -230.65M | 297.92M | ||
| Net Cash Flow | -113.09M | -73.81M | 56.22M | -53.27M | -39.53M | 53.07M | -4.91M | -36.80M | 78.78M | -55.73M | -21.37M | 5.10M | 72.40M | -62.10M | -1.02M | -2.81M | 8.96M | -14.53M | 5.50M |