HTGCHercules Capital, Inc.

$16.51-7.6% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue growing +12% year on year and earnings up +33% year on year, but operating margin narrowing (−3.7 points).

2 good, 1 to watch
Revenue trend+12% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings.

Earnings trend+33% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction−3.7 points operating

Trailing-twelve-month operating margin, 57.6% now against 61.4% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is HTGC growing?

Hercules Capital, Inc. has grown revenue 18% a year over three years and 12% a year over five, with earnings per share compounding at 33%.

+18%

Revenue growth, 3-year annual rate · Asset Management median +10% · compounding fast · compounded from fiscal-year columns as filed

Revenue growth, 5-year rate
+12%

Revenue growth, 5-year rate · +18% over three · growth has picked up over the last three years

Earnings per share, 3-year rate
+33%

Earnings per share, 3-year rate · revenue +18% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
11

Years of annual history on file · FY2015 to FY2025, as filed

Details›
Revenue FY2021
$253M
Revenue FY2022
$307M
Revenue FY2023
$434M
Revenue FY2024
$467M
Revenue FY2025
$508M

Annual income statements as filed with the SEC.