---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-041087"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T08:51:44.509634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital Q4 2022 NII $0.47/share, up 54% YoY; record full-year results; declares supplemental dividend

## Summary
- Q4 2022 total investment income $100.2M (+38.3% YoY); NII $62.1M ($0.47/share) (+54% YoY).
- Full-year 2022 total investment income $321.7M (+14.5% YoY); NII $188.1M (+25.4% YoY).
- Record full-year gross commitments $3.12B, net debt portfolio growth $598.5M.
- Quarterly base dividend raised to $0.39; new supplemental distribution of $0.32 payable over four quarters.
- NAV per share $10.53 (+0.6% QoQ); non-accruals remain low at 0.1% of portfolio value.

## SEC filing metadata
- accession: 0001193125-23-041087
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312523041087/0001193125-23-041087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312523041087/d457855d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-041087
- JSON: https://secwatch.observer/filing/0001193125-23-041087.json
- Plain text: https://secwatch.observer/filing/0001193125-23-041087.txt

## Key facts
- Earnings Releases
  Hercules Capital, Inc. reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: On February 16, 2023, Hercules Capital, Inc. (the “Company”) issued a press release announcing its earnings for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280784/000119312523041087/0001193125-23-041087-index.htm

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