Investor Relations

Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed over $23 billion to over 690 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing.

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Hercules Capital Receives a BBB+ Affirmed Investment Grade Corporate and Credit Rating from Kroll Bond Rating Agency, Inc.

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Latest Financial Results

Q2 2025

Quarter Ended Jun 30, 2025

$88.7M

Net Investment Income

$137.5M

Total Investment Income

$1.0B

Total Gross New Debt and Equity Commitments

$709.1M

Total Gross Fundings

8.6%

Return on Average Assets

17.1%

Return on Average Equity

$1.41

YTD Distributions

$0.47

Q2 2025 Distributions

For complete information regarding our financials, see our periodic filings

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2024

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Stock Information

Hercules Capital at a Glance

$4.28B

Total Assets

$3.98B

Debt Investment Portfolio

100

Portfolio Company Warrant Holdings

$785.6M

Liquidity & Balance Sheet

As of June 30, 2025 • Source: Hercules Capital 10-Q Q2 2025

For complete information regarding our financials, see our periodic filings.

Pursuing Sustainable & Responsible Investments

At Hercules Capital, we believe in strengthening our people and communities, that is why we have developed an environmental, social, and governance (ESG) policy.

Our Commitment to ESG

Delivering Strong, Sustainable Shareholder Returns

Return on Average Assets (ROAA) %

As of June 30, 2025 • Q2 2025 Investor Presentation

Source: HTGC and S&P Capital IQ as of 6/30/25 for HTGC and Peer Group. Return on Average Assets based on NII divided by average total assets.

1Peer Group: MFIC, ARCC, OCSL, FSK, GBDC, GSBD, MAIN, NMFC, OBDC, PNNT, PSEC, SLRC, BBDC, TCPC, CCAP, TSLX

Return on Average Equity (ROAE) %

As of June 30, 2025 • Q2 2025 Investor Presentation

Source: HTGC and S&P Capital IQ as of 6/30/25 for HTGC and Peer Group. Return on Average Equity based on NII. NII divided by average of beginning of period equity and end of period equity.

1Peer Group: MFIC, ARCC, OCSL, FSK, GBDC, GSBD, MAIN, NMFC, OBDC, PNNT, PSEC, SLRC, BBDC, TCPC, CCAP, TSLX

Hercules Key Performance Highlights

Total Investment Income

As of June 30, 2025 • Q2 2025 Investor Presentation

IN MILLIONS

Net Investment Income

As of June 30, 2025 • Q2 2025 Investor Presentation

IN MILLIONS

Total Investments At Cost

As of June 30, 2025 • Q2 2025 Investor Presentation

IN MILLIONS

Total Assets

As of June 30, 2025 • Q2 2025 Investor Presentation

IN MILLIONS

IR Contacts

Corporate Office

Hercules Capital, Inc.
1 North B Street
Suite 2000
San Mateo, CA 94401

Investor Relations

Hercules Capital, Inc.
Michael Hara
T: 650-433-5578
mhara@htgc.com

Transfer Agent

Computershare
P.O. Box 43006
Providence, RI 02940-3006
T: 800-736-3001
web.queries@computershare.com
https://www.computershare.com/