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Hercules Capital HTGC Expenses Allocated to Adviser Subsidiary1

Expenses Allocated to Adviser Subsidiary1 at other companies

CBRE Group logo
CBRE GroupCBRE
$469M+9.6%
Jackson Financial logo
Jackson FinancialJXN
$74M-5.1%
SEI Investments logo
SEI InvestmentsSEIC
$56.75M+19.4%
Jackson Financial logo
Jackson FinancialJXN
$0
SEI Investments logo
SEI InvestmentsSEIC
$2.81M+70.8%
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
$726M+2.3%

Other financials

Income statement

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Net income$42.5M-15.6%
EPS (diluted)$0.23-20.7%

Balance sheet

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Cash & equivalents$44.9M-17.3%
Total debt$2.6B+28.1%
Total equity$2.2B+11.3%
Total assets$4.8B+19.7%

Cash flow

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Operating cash flow-$230.6M-3.8%
CapEx$19.0K+138%
Free cash flow-$230.7M-3.8%

Valuation

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Market cap$2.84B-18.4%
Enterprise value$5.35B-0.8%
P/E8.6×-7.1×

Returns & leverage

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Return on equity15.7%+4.3pp
Debt / equity1.1×+0.2×

Where this comes from

Reported directly by Hercules Capital in its filing.

Tagged under the XBRL concept htgc:ExpensesAllocatedToAdviserSubsidiary1.

The official record: Hercules Capital’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hercules Capital's expenses allocated to adviser subsidiary1?
Hercules Capital (HTGC) reported expenses allocated to adviser subsidiary1 of $4.63M in Q1 2026.
How has Hercules Capital's expenses allocated to adviser subsidiary1 changed year-over-year?
Hercules Capital's expenses allocated to adviser subsidiary1 increased by 41.0% year-over-year, from $3.28M to $4.63M.
What is the long-term trend for Hercules Capital's expenses allocated to adviser subsidiary1?
Over 3 years (2022 to 2025), Hercules Capital's expenses allocated to adviser subsidiary1 has grown at a 22.4% compound annual growth rate (CAGR), from $8.32M to $15.24M.
What does expenses allocated to adviser subsidiary1 mean?
Represents the portion of operating expenses that are allocated to or reimbursed by an affiliated investment adviser subsidiary. This adjustment is necessary to isolate the core operating costs of the primary lending entity from its broader corporate structure.