HERCULES CAPITAL, INC. — Cash Flow Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$-426M
Free Cash Flow
$-426M
Investing Cash Flow
$-89K
Financing Cash Flow
$369M
Capex
$89K
Stock Buybacks
$6M
Dividends Paid
$326M
Stock-Based Comp
$15M
Debt Issued
$2.00B
Debt Repaid
$1.48B
D&A
$337K
SBC Allocated Expense
$15M