Hercules Capital (HTGC) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Hercules Capital Revenue Highlights


Latest Revenue (Y)

$451.96M

Latest Revenue (Q)

$116.68M

Hercules Capital Revenue by Period


Hercules Capital Revenue by Year

DateRevenueChange
2025-12-31$451.96M4.89%
2024-12-31$430.90M-12.79%
2023-12-31$494.12M106.41%
2022-12-31$239.39M-22.67%
2021-12-31$309.58M-13.37%
2020-12-31$357.38M19.85%
2019-12-31$298.20M69.90%
2018-12-31$175.52M1.20%
2017-12-31$173.43M20.94%
2016-12-31$143.41M13.33%
2015-12-31$126.55M-11.57%
2014-12-31$143.10M-13.84%
2013-12-31$166.09M72.71%
2012-12-31$96.17M10.29%
2011-12-31$87.20M148.57%
2010-12-31$35.08M-21.60%
2009-12-31$44.74M-21.57%
2008-12-31$57.05M-10.78%
2007-12-31$63.94M110.26%
2006-12-31$30.41M164.41%
2005-12-31$11.50M100.00%
2004-12-31--

Hercules Capital generated $451.96M in revenue during NA 2025, up 4.89% compared to the previous quarter, and up 126.47% compared to the same period a year ago.

Hercules Capital Revenue by Quarter

DateRevenueChange
2025-09-30$116.68M46.14%
2025-06-30$79.84M-21.80%
2025-03-31$102.10M113.01%
2024-12-31$47.93M-59.74%
2024-09-30$119.05M-0.14%
2024-06-30$119.22M-8.09%
2024-03-31$129.72M-6.91%
2023-12-31$139.35M170.65%
2023-09-30$51.49M-56.41%
2023-06-30$118.12M0.50%
2023-03-31$117.53M38.81%
2022-12-31$84.67M16.09%
2022-09-30$72.93M713.22%
2022-06-30$8.97M-50.38%
2022-03-31$18.07M-31.54%
2021-12-31$26.40M-38.00%
2021-09-30$42.58M-57.77%
2021-06-30$100.84M20.60%
2021-03-31$83.61M-50.57%
2020-12-31$169.15M182.56%
2020-09-30$59.87M-24.20%
2020-06-30$78.97M7.27%
2020-03-31$73.62M21.85%
2019-12-31$60.42M68.87%
2019-09-30$35.78M-47.85%
2019-06-30$68.61M-12.92%
2019-03-31$78.79M38.50%
2018-12-31$56.89M14.98%
2018-09-30$49.48M-28.26%
2018-06-30$68.97M259.27%
2018-03-31$19.20M-43.93%
2017-12-31$34.23M-25.22%
2017-09-30$45.78M-2.75%
2017-06-30$47.07M454.31%
2017-03-31$8.49M-57.04%
2016-12-31$19.77M-54.48%
2016-09-30$43.42M96.59%
2016-06-30$22.09M-15.44%
2016-03-31$26.12M1.15%
2015-12-31$25.82M30.43%
2015-09-30$19.80M19.81%
2015-06-30$16.53M-50.77%
2015-03-31$33.57M-0.54%
2014-12-31$33.75M26.36%
2014-09-30$26.71M20.80%
2014-06-30$22.11M-31.98%
2014-03-31$32.50M2.54%
2013-12-31$31.70M-35.12%
2013-09-30$48.85M61.64%
2013-06-30$30.22M20.98%
2013-03-31$24.98M27.98%
2012-12-31$19.52M2.78%
2012-09-30$18.99M-1.85%
2012-06-30$19.35M4.76%
2012-03-31$18.47M-23.35%
2011-12-31$24.10M57.76%
2011-09-30$15.28M-13.49%
2011-06-30$17.66M197.49%
2011-03-31$5.94M-74.24%
2010-12-31$23.04M70.61%
2010-09-30$13.51M8.67%
2010-06-30$12.43M18.44%
2010-03-31$10.49M-11.84%
2009-12-31$11.90M-23.84%
2009-09-30$15.63M-10.03%
2009-06-30$17.37M0.48%
2009-03-31$17.29M-28.45%
2008-12-31$24.17M35.28%
2008-09-30$17.86M-0.84%
2008-06-30$18.02M14.13%
2008-03-31$15.79M-37.30%
2007-12-31$25.18M-

Hercules Capital generated $116.68M in revenue during Q3 2025, up 46.14% compared to the previous quarter, and up 97.87% compared to the same period a year ago.

Hercules Capital Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
TSLXSixth Street Specialty Lending$438.70B$106.77B
ARCCAres Capital$2.54B$658.00M
GBDCGolub Capital BDC$858.81M$203.49M
MAINMain Street Capital$644.50M$139.83M
HTGCHercules Capital$451.96M$116.68M
NMFCNew Mountain Finance$327.08M$80.53M
TRINTrinity Capital$279.51M$61.73M
CGBDCarlyle Secured Lending$255.57M$66.51M
TCPCBlackRock TCP Capital$201.79M$50.52M
PSECProspect Capital$200.75M$133.90M
ECCEagle Point Credit$122.69M$41.94M
PFLTPennantPark Floating Rate Capital$114.34M$29.47M
TPVGTriplePoint Venture Growth BDC$90.93M$23.24M
GAINGladstone Investment$79.05M$22.84M
FSKFS KKR Capital-$260.00M

HTGC Revenue FAQ


What is Hercules Capital’s yearly revenue?

Hercules Capital's yearly revenue for 2025 was $451.96M, representing an increase of 4.89% compared to 2024. The company's yearly revenue for 2024 was $430.9M, representing a decrease of -12.79% compared to 2023. HTGC's yearly revenue for 2023 was $494.12M, representing an increase of 106.41% compared to 2022.

What is Hercules Capital’s quarterly revenue?

Hercules Capital's quarterly revenue for Q3 2025 was $116.68M, a 46.14% increase from the previous quarter (Q2 2025), and a -1.99% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $79.84M, a -21.80% decrease from the previous quarter (Q1 2025), and a -33.03% decrease year-over-year (Q2 2024). HTGC's quarterly revenue for Q1 2025 was $102.1M, a 113.01% increase from the previous quarter (Q4 2024), and a -21.29% decrease year-over-year (Q1 2024).

What is Hercules Capital’s revenue growth rate?

Hercules Capital's revenue growth rate for the last 3 years (2023-2025) was -8.53%, and for the last 5 years (2021-2025) was 45.99%.