Hercules Capital

Hercules is the largest non-bank lender to venture capital-backed companies at all stages of development in a broadly diversified variety of technology, life sciences, and sustainable and renewable technology industries. With over a decade of experience in venture debt, Hercules is uniquely positioned to quickly create innovative financing solutions that perfectly fit within a company's existing capital structure and map to its business objectives. Recognized as the industry leader, Hercules understands the flexibility these types of companies need and has the experience to work closely with them, even through challenging times, to help them reach critical milestones. Hercules' deep sector expertise, geographic presence and its strong capital base have made Hercules the lender of choice for more than 480 innovative companies.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hercules Capital achieves record performance in 2022, eyes growth opportunities

Hercules Capital's 2022 performance was exceptional, marked by record results and strong credit quality. The company's focus for 2023 includes maintaining a strong balance sheet, disciplined underwriting, and strategic investments. Anticipate increased VC investment activity and an uptick in M&A transactions in the coming year.

Hercules Capital excels in Q1 2023, eyes strategic partnerships

Hercules Capital's Q1 2023 showcased resilience and growth, with strong financial metrics and strategic initiatives. Despite market challenges, the company maintained credit quality and liquidity while exploring opportunities for expansion and partnership enhancement.

Hercules Capital (HTGC) reports record Q2 results and eyes market growth opportunities

Hercules Capital delivered strong Q2 results with record investment income and robust credit quality, showcasing expertise in deal selection and industry diversification.
While facing challenges in meeting earnings expectations and providing detailed diversification insights, the company's strong liquidity and market positioning offer opportunities for future growth and strategic investments.
Overall, Hercules Capital's performance highlights resilience in a dynamic market environment, emphasizing its potential for sustained growth and value creation for investors.

Hercules Capital (HTGC) reports record Q3 earnings and strategic growth

Hercules Capital (HTGC) delivered exceptional financial results in Q3 2023, marked by record earnings and prudent portfolio management.
The company's strategic focus on credit quality, portfolio diversification, and liquidity positions it well for future growth and investment opportunities.
Despite challenges such as asset valuation fluctuations, Hercules Capital remains resilient and poised to capitalize on market dynamics for sustained success.

Hercules Capital reports record Q4 performance and eyes growth opportunities

Hercules Capital (HTGC) delivered strong financial performance in Q4 2023, emphasizing quality, diversification, and growth in key sectors like life sciences.
While challenges exist in managing expenses and optimizing capital efficiency, the company's conservative approach and liquidity position provide a solid foundation for future success.
Opportunities lie in expanding the venture and growth stage asset class, driving platform growth, and engaging with investors at upcoming conferences.

Hercules Capital excels in Q1 2024, poised for strategic growth

Hercules Capital delivered exceptional performance in Q1 2024, with record origination and funding, strong investment income, improved credit quality, and robust liquidity, positioning the company for continued success.
The company's strengths lie in its solid balance sheet, under-levered position, focus on quality growth, and favorable standing with rating agencies, providing a strong foundation for future growth.
Challenges include managing leverage increase, debt refinancing, maintaining credit quality standards, and navigating market uncertainties, requiring strategic planning and risk management.
Opportunities for Hercules include leveraging its milestone anniversary, expanding investor base through conferences, exploring new investments, and driving sustainable growth through prudent strategies.

Hercules Capital posts record Q2 results amidst market volatility

Hercules Capital delivered a strong performance in Q2 2024, marked by record fundings and asset growth, despite anticipating increased market volatility ahead.
The company's focus on credit quality, liquidity, and diversification through SBIC licenses strengthens their resilience and growth prospects.
While facing challenges such as market volatility and prepayment expectations, Hercules Capital remains well-positioned to leverage opportunities and navigate uncertainties.

Hercules Capital (HTGC) reports record Q3 earnings amidst market challenges

Hercules Capital (HTGC) reported strong financial performance in Q3 with record total investment income and NII, despite challenges in the venture capital ecosystem.
Maintaining a defensive balance sheet approach and strong liquidity, Hercules is well-positioned to navigate market uncertainties and capitalize on growth opportunities.
While facing challenges from market slowdowns, Hercules' prudent underwriting and commitment to shareholder returns showcase resilience and long-term stability.
With opportunities arising from increased funding activity post-Fed rate action and pending commitments, Hercules is poised for potential growth in Q4 and beyond.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hercules Capital, Inc. is a specialty finance company, which focuses on providing senior secured loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. The company was founded by Manuel A. Henriquez in December 2003 and is headquartered in Palo Alto, CA.

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2020 financial results conference call for Thursday, October 29, 2020, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its fina

Hercules Capital Announces Date for Release of Third Quarter 2020 Financial Results and Conference Call

Apple

Aimmune Therapeutics

Disney

Energy Transfer LP Unit

Freeport-McMoRan

Luckin Coffee

PennyMac Financial Services

Roku

Wayfair

Investors don't need a crystal ball to see how major trends in sectors such as e-commerce and biotech are supporting the best stocks in 2020. The post 10 Best Stocks for 2020: Megatrends Support This Year's Biggest Winners appeared first on InvestorPlace.

10 Best Stocks for 2020: Megatrends Support This Year's Biggest Winners

Hercules Capital will continue to be one of the best stocks to buy thanks to its corporate structure and generous dividend. The post Best Stocks for 2020: Hercules Capital Stock Is an Investment in Alchemy appeared first on InvestorPlace.

Best Stocks for 2020: Hercules Capital Stock Is an Investment in Alchemy

Geron

FOSTER CITY, Calif.--(BUSINESS WIRE)--Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, today announced that it has entered into a loan facility for up to $75 million with Hercules Capital, Inc. (NYSE: HTGC) and Silicon Valley Bank (SVB). The loan facility provides the Company with access to non-dilutive financial resources to support the imetelstat development program, as well as working capital and general corporate purposes. “This debt financing strengthens o

Geron Secures Loan Facility for Up to $75 Million

HTGC is a business development company specializing in technology, biopharma, and "green"/sustainability companies.

Hercules Capital: A High-Yield Play On Technology And Biopharmaceuticals

Compass Diversified Holdings

SPACs are soaking up attention, but they come with too much risk and not enough disclosure. Here are two better ways to play the space.

2 Stocks to Buy That Are Much Better Than SPACs

Hercules Capital (NYSE:HTGC) is more of a traditional BDC than Friday's recommendation, but with a very specific focus on early to mid-stage technology companies. The post Another (More Profitable) SPAC Alternative appeared first on InvestorPlace.

Another (More Profitable) SPAC Alternative

Hercules Tech (HTGC) reported earnings 30 days ago. What's next for the stock?

Why Is Hercules Tech (HTGC) Up 1.7% Since Last Earnings Report?

BlackBerry

LM Ericsson Telefon

Hannon Armstrong Sustainable Infrastructure Capital

Zoetis

Some of the best tech stocks to buy are lesser known companies leading key innovations. Here are six oddballs many investors are overlooking.

6 Forgotten Tech Stocks to Buy Now

Hercules Capital: An 11.7% Yield With Increasing Net Asset Value

AllianceBernstein Hld

KAR Auction Services

Thor Industries

As economic uncertainty lingers, look for value stocks that have excellent long-term narratives. Here are five picks to get started now.

5 Great Value Stocks to Add to Your Portfolio Right Now

BOSTON--(BUSINESS WIRE)--AVEO Oncology (Nasdaq: AVEO) today announced the closing of a tranched, $35 million debt facility with Hercules Capital, Inc. (NYSE: HTGC) and its affiliates.

AVEO Oncology Announces Restructuring of Existing Term Loan with Closing of New Tranched, $35 Million Debt Facility

Hercules Capital (HTGC) records a decline in revenues and lower expenses in the second quarter of 2020.

Hercules Capital (HTGC) Q2 Earnings Miss, Revenues Decline Y/Y

Hercules Capital's (HTGC) CEO Scott Bluestein on Q2 2020 Results - Earnings Call Transcript

Hercules Tech (HTGC) delivered earnings and revenue surprises of -3.03% and -1.98%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Hercules Technology (HTGC) Lags Q2 Earnings and Revenue Estimates

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc.

Hercules Capital Reports Second Quarter 2020 Financial Results

Hercules Capital Surpasses $1.0 Billion in Cumulative Distributions to Shareholders since IPO

Hercules Tech (HTGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Hercules Tech (HTGC) is Poised to Beat Earnings Estimates Again

Hercules Tech (HTGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hercules Technology (HTGC) Expected to Beat Earnings Estimates: Should You Buy?

Hercules Capital Announces Date for Release of Second Quarter 2020 Financial Results and Conference Call

It's a special situation when Wall Street incorrectly prices a stock, and that makes these five value stocks incredible buys right now.

5 Value Stocks to Buy That Also Pay Dividends

Hercules Capital isn't winning the Best Stocks contest right now, but HTGC stock is still a cheap buy after returning 41.5% in Q2.

Best Stocks for 2020: Hercules Capital Stock Returned 41.5% in Q2 and Is Still Cheap

Ares Capital

Vanguard Extended Duration Treasury ETF

Golub Capital BDC

VanEck Vectors Gold Miners ETF

Main Street Capital

iShares MSCI Global Gold Miners ETF

SPDR S&P 500 ETF Trust

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

Risk-parity portfolios weight asset classes by volatility, and use modest leverage to boost returns while keeping volatility manageable.

Building A Risk-Parity Portfolio: An Example

Hercules Capital (HTGC) receives a "green light" letter from the SBA to obtain the license to form its third SBIC subsidiary.

News for Hercules Capital ETF (HTGC)