HERCULES CAPITAL, INC. — Cash Flow Charts
8 quarters 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↑+7.8% +$19M
$-222M
Free Cash Flow↓-560.0% -$28K
$-33K
Investing Cash Flow↑+97.3% +$284K
$-8K
Financing Cash Flow↓-36.4% -$37M
$65M
Capex↑+560.0% +$28K
$33K
Stock Buybacks↓-1.4% -$14K
$1M
Dividends Paid↑+6.5% +$5M
$83M
Stock-Based Comp↑+16.3% +$523K
$4M
Debt Issued↓-15.6% -$61M
$332M
Debt Repaid↓-44.8% -$162M
$199M
D&A↓-10.8% -$10K
$83K
SBC Allocated Expense↑+16.1% +$500K
$4M