Hercules Capital Inc.
02/03/2026 | Press release | Distributed by Public on 02/03/2026 08:01
Business/Financial Results (Form 8-K)
| Item 2.02. |
Results of Operations and Financial Condition |
Set forth below are preliminary estimates of Hercules Capital, Inc. (the "Company", "we" or "our") as of and for the quarter ended December 31, 2025, which are estimated as of February 3, 2026. The preliminary financial data included in this Current Report on Form 8-Khas been prepared by, and is the responsibility of, the Company's management. The Company's independent registered public accounting firm has not audited, reviewed, examined, compiled, nor applied agreed-upon procedures with respect to the preliminary financial data. Accordingly, the Company's independent registered public accounting firm does not express an opinion or any other form of assurance with respect thereto. The preliminary data is subject to completion of the Company's financial closing and review procedures and is not a comprehensive statement of the Company's financial results or valuations as of, or for the period ended, December 31, 2025. Actual results may differ materially from this preliminary data as a result of the completion of the Company's financial closing and review procedures, final adjustments, valuation process and other developments that may arise between now and the time that the Company's financial results for such period are finalized.
As of the date hereof:
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The preliminary estimate of our net asset value ("NAV") per share of our common stock as of December 31, 2025 is in the range of $12.10 to $12.16, representing an increase of $0.05 to $0.11 per share, or 0.4% to 0.9%, from the NAV per share of $12.05 as of September 30, 2025. |
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The preliminary estimate of our fourth quarter 2025 net realized gains/(losses) is approximately $20 million of realized gains. |
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The preliminary estimate of our fourth quarter 2025 net investment income is in the range of $0.47 to $0.49 per share of our common stock. |
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The preliminary estimate of our fourth quarter 2025 gross new debt and equity commitments and fundings is approximately $1.0 billion and $0.5 billion, respectively. |
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We preliminarily estimate that our investments on non-accrualstatus total comprised <0.5% of the total investment portfolio at both fair value and cost as of December 31, 2025, representing a decrease from 1.2% of the total investment portfolio of cost as of September 30, 2025. |
The information disclosed under this Item 2.02 is being "furnished" and shall not be deemed "filed" by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 8.01 |
Other Events |
The information disclosed under Item 2.02 of this Current Report on Form 8-Kis incorporated by reference into this Item 8.01.
Hercules Capital Inc. published this content on February 03, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 03, 2026 at 14:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]