Hercules Capital, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenue $253.4m $184.6m $426.5m $353.7m $438.5m
Total Revenue $253.4m $184.6m $426.5m $353.7m $438.5m
Operating Expenses $136.0m $141.9m $165.7m $178.5m $206.0m
Other Operating Expenses $8.4m $6.8m $4.0m $1.8m
Additional Financial Items
Interest Income, Operating $253.4m $307.3m
Interest Income Operating Paid In Kind $24.7m $51.3m $55.9m
Realized Investment Gains (Losses) $20.9m ($924k)
Average Dilution Earnings $0 $0 $13.2m
Diluted EPS $1.49 $0.79 $2.31 $1.61 $1.85
Diluted NI Availto Com Stockholders $102.1m $334.1m $260.1m $350.2m
Gain On Sale Of Security $2.8m $8.4m ($31.5m) ($40.6m)
Interest Income $307.3m $434.4m $467.2m $507.9m
Net Income From Continuing And Discontinued Operation $174.2m $102.1m $337.5m $263.0m $339.7m
Net Income From Continuing Operation Net Minority Interest $174.2m $102.1m $337.5m $263.0m $339.7m
Net Interest Income $252.5m $366.8m $390.0m $415.7m
Normalized Income $174.2m $102.1m $337.5m $263.0m $339.7m
Otherunder Preferred Stock Dividend $2.2m $3.3m $2.8m $2.7m
Preferred Stock Dividends $0 $0 $0 $0
Reconciled Depreciation $204k $190k $466k $337k
Selling General And Administration $16.1m $16.9m $18.7m $19.7m $19.0m
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Net Investment Income $150.0m $188.1m $304.0m $325.8m $341.7m
Pre-Tax Income $174.2m $102.1m $337.5m $263.0m $339.7m
Net Income Common Stockholders $102.1m $334.1m $260.1m $337.0m
Net Income $174.2m $102.1m $337.5m $263.0m $339.7m
Net Income Continuous Operations $174.2m $102.1m $337.5m $263.0m $339.7m
Net Income (Loss) Attributable to Parent $174.2m $102.1m $337.5m $263.0m $339.7m
Net Income (Loss) Available to Common Stockholders, Basic $102.1m $334.1m $260.1m $337.0m
Net Income Including Noncontrolling Interests $174.2m $102.1m $337.5m $263.0m $339.7m
Earnings Per Share, Basic $1.50 $0.80 $2.32 $1.61 $1.90
Earnings Per Share, Diluted $1.49 $0.79 $2.31 $1.61 $1.85
Weighted Average Number of Shares Outstanding, Basic 114.7m 125.2m 144.1m 161.1m 177.4m
Basic Average Shares 114.7m $125.2m $144.1m $161.1m $177.4m
Diluted Average Shares 116.0m $126.7m $144.8m $161.6m $188.9m
Weighted Average Number of Shares Outstanding, Diluted 116.0m 126.7m 144.8m 161.6m 188.9m
General and Administrative Expense $16.1m $16.9m $18.7m $19.7m $19.0m
Interest Expense $67.5m $62.3m $77.5m $77.2m $92.2m
Interest Expense, Debt $54.4m $54.7m $67.6m $77.2m $92.2m
Interest Expense Operating $86.0m $103.2m
Labor and Related Expense $37.0m $43.9m $50.3m $54.2m $63.3m
Operating Expense $82.6m $89.0m $90.8m $98.8m