Hercules Capital, Inc. SG&A Expense History
HTGC|6 years of SEC 10-K data (FY2020-FY2025)
$19M in FY2025 with a 5-year CAGR of +0.1%.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +3.9%
- 5-Year CAGR
- +0.1%
- 10-Year CAGR
- -
SG&A Expense Trend
Key Insights
- 5-year CAGR of +0.1%, indicating consistent growth.
- In FY2025, sg&a expense decreased 3.3% year-over-year.
- Peak sg&a expense was recorded in FY2024.
- Lowest sg&a expense in the period was in FY2021.
Annual Data
| Year | SG&A Expense | YoY Growth |
|---|---|---|
| FY2025 | $19.0M | -3.3% |
| FY2024 | $19.7M | +5.2% |
| FY2023 | $18.7M | +10.3% |
| FY2022 | $16.9M | +5.2% |
| FY2021 | $16.1M | -14.8% |
| FY2020 | $18.9M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026