Hercules Capital, Inc. (HCXY) — SEC Filings
Hercules Capital, Inc. (HCXY) — 25 SEC filings. Latest: 10-Q (Oct 30, 2025). Includes 14 8-K, 6 10-Q, 2 DEF 14A.
View Hercules Capital, Inc. on SEC EDGAR
Overview
Hercules Capital, Inc. (HCXY) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 30, 2025: Hercules Capital, Inc. (HCXY) reported a significant increase in net assets and investment income for the nine months ended September 30, 2025. Total investment income rose to $395.063 million, up from $371.807 million in the prior year period, a 6.26% increase. Net investment income also saw a heal
Sentiment Summary
Across 25 filings, the sentiment breakdown is: 2 bullish, 22 neutral, 1 mixed. The dominant filing sentiment for Hercules Capital, Inc. is neutral.
Filing Type Overview
Hercules Capital, Inc. (HCXY) has filed 6 10-Q, 14 8-K, 2 DEF 14A, 1 DEFA14A, 2 10-K with the SEC between Feb 2024 to Oct 2025.
Filings by Year
Recent SEC Filings (25)
Risk Profile
Risk Assessment: Of HCXY's 22 recent filings, 0 were flagged as high-risk, 13 as medium-risk, and 9 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $395.063M |
| Net Income | $254.744M |
| EPS | $12.05 |
| Debt-to-Equity | 1.02 |
| Cash Position | $29.274M |
| Operating Margin | N/A |
| Total Assets | $4.410B |
| Total Debt | $2.151B |
Key Executives
- Scott Bluestein
Industry Context
Hercules Capital operates in the venture debt and specialty financing sector, providing capital to venture capital-backed companies and private equity-backed companies at various stages of growth. The industry is characterized by a need for specialized underwriting, active portfolio management, and sensitivity to economic cycles and interest rate environments. Competition comes from other BDCs, private debt funds, and traditional lenders willing to take on risk.
Top Tags
financial-reporting (4) · sec-filing (4) · 8-k (4) · Venture Debt (3) · BDC (3) · corporate-governance (3) · debt (3) · financing (3) · material-agreement (3) · Investment Income (2)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Total Investment Income | $395.063M | Increased by 6.26% year-over-year for the nine months ended September 30, 2025 |
| Net Investment Income | $254.744M | Increased by 4.11% year-over-year for the nine months ended September 30, 2025 |
| Total Investments at Fair Value | $4.306B | Increased by 17.66% from December 31, 2024, to September 30, 2025 |
| Net Asset Value per Share | $12.05 | Increased from $11.66 at December 31, 2024 |
| Net Realized Loss | $61.049M | Significant loss for the nine months ended September 30, 2025, compared to a gain in the prior year |
| Net Change in Unrealized Appreciation | $55.214M | Positive change for the nine months ended September 30, 2025, reversing prior year's depreciation |
| Total Net Assets | $2.189B | Increased from $1.989 billion at December 31, 2024 |
| Shares of Common Stock Outstanding | 181,776 | As of September 30, 2025, up from 170,575 at December 31, 2024 |
| Issuance of Debt | $1.664B | For the nine months ended September 30, 2025, indicating active capital management |
| Repayment of Debt | $1.285B | For the nine months ended September 30, 2025, demonstrating debt management |
| Total Assets Under Management | $4.1B | Grew from $3.9B at December 31, 2024, indicating portfolio expansion. |
| Net Increase in Net Assets from Operations | $105.8M | Slight decrease from $108.7M in 2024, due to higher operating expenses. |
| 6.25% Notes Due 2033 | $100.0M | New debt issuance to strengthen capital structure. |
| Cash and Cash Equivalents | $150.3M | Strong liquidity position as of June 30, 2025. |
| Fair Value of Unaffiliated Investments | $3.9B | Increased from $3.7B at year-end 2024, reflecting successful investment strategies. |
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Frequently Asked Questions
What are the latest SEC filings for Hercules Capital, Inc. (HCXY)?
Hercules Capital, Inc. has 25 recent SEC filings from Feb 2024 to Oct 2025, including 14 8-K, 6 10-Q, 2 DEF 14A. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of HCXY filings?
Across 25 filings, the sentiment breakdown is: 2 bullish, 22 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Hercules Capital, Inc. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Hercules Capital, Inc. (HCXY) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Hercules Capital, Inc.?
Key financial highlights from Hercules Capital, Inc.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for HCXY?
The investment thesis for HCXY includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Hercules Capital, Inc.?
Key executives identified across Hercules Capital, Inc.'s filings include Scott Bluestein.
What are the main risk factors for Hercules Capital, Inc. stock?
Of HCXY's 22 assessed filings, 0 were flagged high-risk, 13 medium-risk, and 9 low-risk.
What are recent predictions and forward guidance from Hercules Capital, Inc.?
Forward guidance and predictions for Hercules Capital, Inc. are extracted from SEC filings as they are enriched.