Quarterly UpdatesJul 21, 2026, 08:46 AM
Hercules Capital Q2 Preliminary NAV $12.10-12.20; NII $0.49-0.51
AI Summary
Hercules Capital, Inc. announced preliminary financial estimates for the second quarter ended June 30, 2026. The company expects its net asset value (NAV) per share to be between $12.10 and $12.20, an increase of 1.7% to 2.5% from the previous quarter. Preliminary net investment income is projected to be in the range of $0.49 to $0.51 per share, with net realized gains of approximately $7.7 million. Gross new investment commitments and fundings were strong, at $0.9 billion and $0.6 billion respectively, while non-accrual investments remained low at less than 0.5% of the total portfolio at cost.
Key Highlights
- Preliminary Q2 2026 NAV per share estimated at $12.10 to $12.20.
- NAV per share increased by $0.20 to $0.30, or 1.7% to 2.5%, from Q1 2026.
- Preliminary Q2 2026 net realized gains approximately $7.7 million.
- Preliminary Q2 2026 net investment income estimated at $0.49 to $0.51 per share.
- Preliminary Q2 2026 gross new investment commitments approximately $0.9 billion.
- Preliminary Q2 2026 gross new investment fundings approximately $0.6 billion.
- Non-accrual investments comprised <0.5% of total portfolio at cost as of June 30, 2026.
- Preliminary total investments at fair value approximately $4.5 to $4.6 billion.
Price Impact
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