Hercules Capital Inc (HCXY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 67.78M | 154.72M | 145.12M | 104.7M | 72.71M | 82.25M | 90.42M | 65.34M | 115.73M | 139.35M | 51.49M | 118.12M | 117.53M | 84.67M | 72.93M | 8.97M | 18.07M | 28.1M | 44.29M | 100.84M |
| Gross Margin % | 70.66% | 98.08% | 85.71% | 82.03% | 78.68% | 80.44% | 81.61% | 77.32% | 86.78% | 88.91% | 75.81% | 87.3% | 87.61% | 84.19% | 83.42% | 41.39% | 60.81% | 69.84% | 77.21% | 87.44% |
| Gross Profit Growth % | -6.77% | 88.11% | 60.49% | 60.25% | -37.18% | -40.98% | 75.62% | -44.69% | -1.53% | 64.59% | -29.4% | 1217.15% | 550.31% | 201.27% | 64.68% | -91.11% | -78.38% | -83.39% | -26.02% | 27.68% |
| Operating Expenses | 25.28M | 38.47M | 25.44M | 25.82M | 22.37M | 20.81M | 21.71M | 23.49M | 24.77M | 19.18M | 23.52M | 23.35M | 22.97M | 22.13M | 19.73M | 19.29M | 21.41M | 24.39M | 20.74M | 18.11M |
| OpEx % of Revenue | 26.35% | 24.39% | 15.02% | 20.23% | 24.21% | 20.35% | 19.6% | 27.79% | 18.57% | 12.23% | 34.63% | 17.26% | 17.12% | 22.01% | 22.56% | 89.02% | 72.04% | 60.61% | 36.16% | 15.7% |
| Selling, General & Admin | 4.8M | 4.64M | 4.48M | 5.1M | 4.81M | 5.54M | 4.6M | 4.48M | 5.06M | 4.83M | 4.59M | 5.15M | 4.13M | 4.44M | 4.36M | 4.32M | 3.82M | 4.36M | 4.08M | 4.07M |
| SG&A % of Revenue | 5.01% | 2.94% | 2.64% | 4% | 5.21% | 5.42% | 4.15% | 5.3% | 3.79% | 3.08% | 6.76% | 3.81% | 3.08% | 4.42% | 4.99% | 19.95% | 12.85% | 10.84% | 7.12% | 3.53% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 42.5M | 116.25M | 119.69M | 78.89M | 50.34M | 61.44M | 68.71M | 41.85M | 90.96M | 120.18M | 27.97M | 94.78M | 94.56M | 62.53M | 53.2M | -10.32M | -3.34M | 3.71M | 23.55M | 82.73M |
| Operating Margin % | 44.31% | 73.69% | 70.69% | 61.81% | 54.47% | 60.09% | 62.02% | 49.53% | 68.21% | 76.67% | 41.18% | 70.04% | 70.49% | 62.18% | 60.85% | -47.62% | -11.22% | 9.22% | 41.06% | 71.74% |
| Operating Income Growth % | -15.57% | 89.21% | 74.19% | 88.49% | -44.66% | -48.88% | 145.69% | -55.84% | -3.81% | 92.18% | -47.43% | 1018.54% | 2934.65% | 1584.62% | 125.92% | -112.47% | -105.2% | -97.54% | -45.29% | 33.94% |
| EBITDA | 42.59M | 116.33M | 119.77M | 78.97M | 50.43M | 61.53M | 68.8M | 41.95M | 91.15M | 120.2M | 28.03M | 94.84M | 94.61M | 62.58M | 53.25M | -10.26M | -3.28M | 3.77M | 23.62M | 82.82M |
| EBITDA Margin % | 44.39% | 73.75% | 70.74% | 61.87% | 54.57% | 60.18% | 62.1% | 49.64% | 68.35% | 76.69% | 41.27% | 70.09% | 70.52% | 62.22% | 60.91% | -47.36% | -11.04% | 9.38% | 41.18% | 71.82% |
| EBITDA Growth % | -15.55% | 89.06% | 74.08% | 88.25% | -44.68% | -48.81% | 145.49% | -55.77% | -3.66% | 92.08% | -47.37% | 1024.18% | 2982.63% | 1558.11% | 125.48% | -112.39% | -105.11% | -97.51% | -45.26% | 33.89% |
| D&A (Non-Cash Add-back) | 85K | 83K | 84K | 81K | 89K | 93K | 91K | 96K | 186K | 23K | 59K | 64K | 44K | 44K | 50K | 56K | 54K | 62K | 68K | 93K |
| EBIT | 42.5M | 116.19M | 119.69M | 78.89M | 50.34M | 61.44M | 68.71M | 41.85M | 90.96M | 120.18M | 27.97M | 94.78M | 94.56M | 62.53M | 53.2M | -10.32M | -3.34M | 3.71M | 23.55M | 82.73M |
| Net Interest Income | 108.26M | 106.23M | 106.97M | 106.64M | 95.87M | 94.84M | 98.68M | 98.37M | 98.16M | 97.82M | 93.91M | 91.8M | 83.27M | 78.96M | 66.91M | 56.03M | 50.6M | 52.82M | 50.24M | 46.82M |
| Interest Income | 136.4M | 131.59M | 131.16M | 129.57M | 115.57M | 114.84M | 119.05M | 117.53M | 115.78M | 115.2M | 110.34M | 108.99M | 99.9M | 94.87M | 81.41M | 68.73M | 62.25M | 64.96M | 63.31M | 61.31M |
| Interest Expense | 28.15M | 25.36M | 24.19M | 22.93M | 19.7M | 20M | 20.37M | 19.16M | 17.62M | 17.38M | 16.43M | 17.18M | 16.63M | 15.9M | 14.5M | 12.7M | 11.65M | 12.14M | 13.07M | 14.49M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 42.5M | 90.83M | 119.69M | 78.89M | 50.34M | 61.44M | 68.71M | 41.85M | 90.96M | 120.18M | 27.97M | 94.78M | 94.56M | 62.53M | 53.2M | -10.32M | -3.34M | 3.71M | 23.55M | 82.73M |
| Pretax Margin % | 44.31% | 57.58% | 70.69% | 61.81% | 54.47% | 60.09% | 62.02% | 49.53% | 68.21% | 76.67% | 41.18% | 70.04% | 70.49% | 62.18% | 60.85% | -47.62% | -11.22% | 9.22% | 41.06% | 71.74% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 42.5M | 90.83M | 119.69M | 78.89M | 50.34M | 61.44M | 68.71M | 41.85M | 90.96M | 120.18M | 27.97M | 94.78M | 94.56M | 62.53M | 53.2M | -10.32M | -3.34M | 3.71M | 23.55M | 82.73M |
| Net Margin % | 44.31% | 57.58% | 70.69% | 61.81% | 54.47% | 60.09% | 62.02% | 49.53% | 68.21% | 76.67% | 41.18% | 70.04% | 70.49% | 62.18% | 60.85% | -47.62% | -11.22% | 9.22% | 41.06% | 71.74% |
| Net Income Growth % | -15.57% | 47.83% | 74.19% | 88.49% | -44.66% | -48.88% | 145.69% | -55.84% | -3.81% | 92.18% | -47.43% | 1018.54% | 2934.65% | 1584.62% | 125.92% | -112.47% | -105.2% | -97.54% | -45.29% | 33.94% |
| Net Income (Continuing) | 42.5M | 90.83M | 119.69M | 78.89M | 50.34M | 61.44M | 68.71M | 41.85M | 90.96M | 120.18M | 27.97M | 94.78M | 94.56M | 62.53M | 53.2M | -10.32M | -3.34M | 3.71M | 23.55M | 82.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.23 | 0.48 | 0.63 | 0.43 | 0.29 | 0.37 | 0.42 | 0.25 | 0.57 | 0.78 | 0.19 | 0.66 | 0.68 | 0.47 | 0.41 | -0.09 | -0.03 | 0.03 | 0.20 | 0.65 |
| EPS Growth % | -20.69% | 29.73% | 50% | 72% | -49.12% | -52.56% | 121.05% | -62.12% | -16.18% | 65.96% | -53.66% | 833.33% | 2366.67% | 1466.67% | 105% | -113.85% | -105.45% | -97.71% | -47.37% | 18.18% |
| EPS (Basic) | 0.23 | 0.50 | 0.66 | 0.44 | 0.29 | 0.37 | 0.42 | 0.26 | 0.57 | 0.78 | 0.19 | 0.66 | 0.69 | 0.48 | 0.41 | -0.09 | -0.03 | 0.03 | 0.20 | 0.71 |
| Diluted Shares Outstanding | 196.82M | 194.79M | 194.36M | 190.78M | 175.38M | 165.61M | 161.51M | 161.31M | 157.92M | 157.76M | 147.11M | 142.08M | 137.06M | 132.28M | 129.33M | 124.25M | 118.3M | 116.75M | 116.24M | 129.57M |
| Basic Shares Outstanding | 182.76M | 180.77M | 180.36M | 176.81M | 171.49M | 165.07M | 161.02M | 160.75M | 157.44M | 157.76M | 146.9M | 141.39M | 135.25M | 130.56M | 127.48M | 124.25M | 118.3M | 115.19M | 114.81M | 114.65M |
| Dividend Payout Ratio | 198.61% | 91.31% | 59.25% | 71.05% | 156.69% | 104.96% | 90.97% | 119.92% | 81.63% | 59.85% | 255.58% | 70.1% | 67.5% | 105.85% | 82.36% | - | - | 1223.46% | 187.88% | 53.29% |