Hercules Capital Reports Record Q2 2026 Earnings with Strong Growth Metrics
Hercules Capital (HTGC) reported strong second-quarter results for 2026, achieving a record total investment income of $149.1 million and net investment income of $92.9 million or $0.50 per share. The company's performance was driven by an 8.5% year-over-year increase in net debt portfolio growth and first-half originations reaching $2.74 billion, a record high for the period. The firm managed total assets under management of $6.1 billion as of Q2 2026, reflecting 14.4% annual growth across its public BDC and private capital business segments. Management also highlighted early loan repayments exceeding guidance at $572.1 million for the quarter. Looking ahead, Hercules Capital provided third-quarter core yield guidance between 11.8% to 12.0%, reflecting ongoing portfolio turnover and adjustments from prior rate reductions in 2025.
Tickers: $HTGC