# Hercules Capital (HTGC) — Earnings

HTGC · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/htgc/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.50 |
| EPS estimate | $0.48 |
| EPS surprise | +3.14% |
| Revenue surprise | +1.63% |
| Revenue | $149.1M |
| Revenue estimate | $146.7M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1280784/000128078426000042/htgc-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/8198de38-33ec-eca1-cdc8-ea6d6db1d60a.html) |

Hercules Capital reported Q2 2026 results on July 30, 2026. Earnings per share were $0.50, 3.14% above the $0.48 estimate. Revenue was $149.1 million, beating the $146.7 million consensus by 1.63%. EPS matched the $0.50 of Q2 2025, while revenue rose 8.4% from $137.5 million.

Revenue has grown steadily across the table. It more than doubled from $65.2 million in Q1 2022 to $149.1 million in Q2 2026, the highest quarter shown. Annual revenue rose from $322 million in 2022 to $532 million in 2025, an increase of about 65%. Earnings per share grew less. Annual EPS jumped from $1.48 in 2022 to $2.09 in 2023, then eased to $2.01 in 2024 and $1.92 in 2025. Since the start of 2024, quarterly EPS has stayed between $0.45 and $0.51. The table's high was $0.56 in Q4 2023, and its low was $0.30 in Q1 2022. Hercules beat the EPS estimate in 13 of the last 20 quarters, mostly by small margins, and none of its misses exceeded 4.21%.

Q3 results came out between October 28 and November 2 in each of the past five years. That points to late October or early November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.48 | $0.50 | 3.14% | $146.7M | $149.1M |
| Q1 2026 | May 5, 2026 | $0.48 | $0.48 | 0.54% | $141.4M | $141.5M |
| Q4 2025 | Feb 12, 2026 | $0.49 | $0.48 | -2.50% | $141.5M | $137.4M |
| Q3 2025 | Oct 30, 2025 | $0.48 | $0.49 | 2.06% | $137.0M | $138.1M |
| Q2 2025 | Jul 31, 2025 | $0.47 | $0.50 | 6.22% | $128.9M | $137.5M |
| Q1 2025 | May 1, 2025 | $0.46 | $0.45 | -3.08% | $125.4M | $119.5M |
| Q4 2024 | Feb 13, 2025 | $0.50 | $0.49 | -2.58% | $126.5M | $121.8M |
| Q3 2024 | Oct 30, 2024 | $0.51 | $0.51 | -0.23% | $128.1M | $125.2M |
| Q2 2024 | Aug 1, 2024 | $0.51 | $0.51 | -0.33% | $127.5M | $125.0M |
| Q1 2024 | May 2, 2024 | $0.50 | $0.50 | 0.89% | $121.9M | $121.6M |
| Q4 2023 | Feb 15, 2024 | $0.50 | $0.56 | 11.11% | $117.5M | $122.6M |
| Q3 2023 | Nov 2, 2023 | $0.49 | $0.52 | 7.02% | $112.6M | $116.7M |
| Q2 2023 | Aug 3, 2023 | $0.49 | $0.53 | 9.01% | $108.5M | $116.2M |
| Q1 2023 | May 4, 2023 | $0.46 | $0.48 | 4.21% | $101.8M | $105.1M |
| Q4 2022 | Feb 16, 2023 | $0.41 | $0.47 | 13.39% | $90.9M | $100.2M |
| Q3 2022 | Nov 2, 2022 | $0.36 | $0.39 | 9.27% | $80.4M | $84.2M |
| Q2 2022 | Jul 28, 2022 | $0.33 | $0.32 | -2.32% | $72.4M | $72.1M |
| Q1 2022 | May 5, 2022 | $0.31 | $0.30 | -4.21% | $69.2M | $65.2M |
| Q4 2021 | Feb 22, 2022 | $0.32 | $0.35 | 7.89% | $70.4M | $72.5M |
| Q3 2021 | Oct 28, 2021 | $0.33 | $0.33 | 1.23% | $71.4M | $70.2M |

## Frequently Asked Questions

### When did Hercules Capital (HTGC) last report earnings?

Hercules Capital last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did HTGC beat earnings estimates?

Yes. Hercules Capital reported EPS of $0.50 for Q2 2026 against a $0.48 estimate — a 3.14% beat.

### How much revenue did HTGC report last quarter?

Hercules Capital reported $149.1M in revenue for Q2 2026, against a consensus estimate of $146.7M.

## Similar Stocks

- [TPVG](https://www.lighthorse.io/tickers/tpvg) — TriplePoint Venture Growth BDC Corp. Common Stock
- [FSK](https://www.lighthorse.io/tickers/fsk) — FS KKR Capital Corp. Common Stock
- [MAIN](https://www.lighthorse.io/tickers/main) — Main Street Capital Corporation Common Stock
- [OBDC](https://www.lighthorse.io/tickers/obdc) — Blue Owl Capital Corporation Common Stock
- [ARCC](https://www.lighthorse.io/tickers/arcc) — Ares Capital Corporation - Closed End Fund
- [TSLX](https://www.lighthorse.io/tickers/tslx) — Sixth Street Specialty Lending, Inc. Common Stock
- [PFLT](https://www.lighthorse.io/tickers/pflt) — PennantPark Floating Rate Capital Ltd. Common Stock
- [MFIC](https://www.lighthorse.io/tickers/mfic) — MidCap Financial Investment Corporation - Closed End Fund
- [GLAD](https://www.lighthorse.io/tickers/glad) — Gladstone Capital Corporation - Closed End Fund
- [SLRC](https://www.lighthorse.io/tickers/slrc) — SLR Investment Corp. - Closed End Fund

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).