---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-034539"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:16:22.017985+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital prelim Q4 NAV $12.10-12.16, up from $12.05; NII $0.47-0.49/sh

## Summary
- Prelim NAV per share range $12.10-$12.16 as of Dec 31, 2025, up $0.05-$0.11 from Sep 30.
- Q4 net investment income per share estimated $0.47-$0.49; net realized gains ~$20 million.
- Gross new commitments $1.0B; fundings $0.5B in Q4.
- Non-accrual investments <0.5% of portfolio (fair value & cost), down from 1.2% at cost in Sep.

## SEC filing metadata
- accession: 0001193125-26-034539
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312526034539/0001193125-26-034539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312526034539/d31638d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-034539
- JSON: https://secwatch.observer/filing/0001193125-26-034539.json
- Plain text: https://secwatch.observer/filing/0001193125-26-034539.txt

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