---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275844"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T12:26:55.555500+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital Q3 2022 NII $0.39/share, record commitments, raises distribution to $0.36

## Summary
- Record total investment income of $84.2M, up 20% YoY; NII of $0.39/share, up 31.3%.
- Record Q3 gross new debt+equity commitments of $817.2M; YTD total $2.48B (up 46.4%).
- Raised base cash distribution to $0.36/share per quarter; NAV per share $10.47 (up 0.4%).
- Debt portfolio yield 12.9% (GAAP), core yield 12.4%; weighted avg grade 2.20 (from 2.13).
- Available liquidity $700.1M; unfunded commitments $659M (22.5% of total assets).

## SEC filing metadata
- accession: 0001193125-22-275844
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312522275844/0001193125-22-275844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312522275844/d383767d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275844
- JSON: https://secwatch.observer/filing/0001193125-22-275844.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275844.txt

## Key facts
- Earnings Releases
  Hercules Capital, Inc. reported the third quarter ended September 30, 2022 results: revenue $84.2 million, net income $50.0 million, EPS $0.39 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $84.2 million
  - Net income: $50.0 million
  - EPS: $0.39 per share
  - Result: reported results
  source text: • Net Investment Income “NII” of $50.0 million, or $0.39 per share, an increase of 31.3% year-over-year • Record Total Investment Income of $84.2 million, an increase of 20.0% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280784/000119312522275844/0001193125-22-275844-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.