TRIN financial statements
The full income statement, balance sheet, and cash-flow statement for Trinity Capital Inc. (TRIN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 147M+23.3% | 119M+33.3% | 89.4M+25.0% | 71.5M+66.7% | 42.9M+35.8% | ||
| Selling, general & administrative | 10.4M+17.2% | 8.86M+34.3% | 6.60M+8.6% | 6.08M+40.4% | 4.33M+105.6% | |
| General & administrative | 10.4M+17.2% | 8.86M+34.3% | 6.60M+8.6% | 6.08M+40.4% | 4.33M+105.6% | |
| Interest expense | 80.6M+30.1% | 61.9M+39.9% | 44.3M+29.7% | 34.1M+67.4% | 20.4M | |
| Interest & investment income | 280M+23.3% | 227M+29.7% | 175M+25.9% | 139M+81.2% | 76.6M+49.5% | |
| Net interest income | 4.90M-46.2% | 9.10M+13.8% | 8.00M+2566.7% | 300K+50.0% | 200K | |
| 136M+17.3% | 116M+50.3% | 76.9M+353.1% | -30.4M-123.0% | 132M+2264.9% | ||
| Net income to common | 136M+17.3% | 116M+50.3% | 76.9M+353.1% | -30.4M-123.0% | 132M | |
| $1.96-6.7% | $2.10+11.1% | $1.89+296.9% | -$0.96-120.7% | $4.64+1464.7% | ||
| EPS (basic) | $1.96-10.5% | $2.19+10.6% | $1.98+306.3% | -$0.96-118.9% | $5.09+1597.1% | |
| Weighted-avg shares (basic) | 69.3M+31.5% | 52.7M+35.5% | 38.9M+22.9% | 31.7M+21.9% | 26.0M+43.6% | |
| Weighted-avg shares (diluted) | 69.3M+22.1% | 56.7M+32.8% | 42.7M+21.4% | 35.2M+20.0% | 29.3M+62.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 19.1M+98.5% | 9.63M+102.2% | 4.76M-55.1% | 10.6M-66.5% | 31.7M-29.0% | |
| 2.48B+40.0% | 1.77B+35.3% | 1.31B+16.4% | 1.13B+20.2% | 937M | ||
| Operating lease right-of-use | 7.60M+40.7% | 5.40M+1.9% | 5.30M+152.4% | 2.10M-16.0% | 2.50M | |
| 1.39B+46.2% | 951M+35.9% | 700M+5.0% | 667M+35.9% | 491M | ||
| Long-term debt | 1.31B+47.0% | 888M+37.6% | 646M+4.1% | 620M+33.0% | 466M+50.3% | |
| Operating lease liability (total) | 8.00M+40.4% | 5.70M+5.6% | 5.40M+134.8% | 2.30M-14.8% | 2.70M | |
| 1.09B+32.9% | 823M+34.7% | 611M+33.0% | 460M+2.9% | 447M | ||
| Common stock | 82.0K+32.3% | 62.0K+34.8% | 46.0K+31.4% | 35.0K+29.6% | 27.0K | |
| Additional paid-in capital | 1.10B+32.6% | 830M+30.9% | 634M+31.9% | 481M+30.4% | 369M | |
| Retained earnings | -6.43M+4.2% | -6.71M+70.4% | -22.6M-8.2% | -20.9M-126.9% | 77.9M | |
| Total equity incl. non-controlling | 1.09B+32.9% | 823M+34.7% | 611M+33.0% | 460M | — | |
| Total liabilities & equity | 2.48B+40.0% | 1.77B+35.3% | 1.31B+16.4% | 1.13B+20.2% | 937M | |
| Common shares issued | 81.5M+32.2% | 61.7M+33.1% | 46.3M+32.5% | 35.0M+28.4% | 27.2M | |
| Common shares outstanding | 81.5M+32.2% | 61.7M+33.1% | 46.3M+32.5% | 35.0M+28.4% | 27.2M+48.6% | |
| Shares outstanding (cover) | 83.2M+32.4% | 62.8M+35.3% | 46.4M+33.0% | 34.9M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -535M-69.0% | -317M-229.2% | -96.3M+59.2% | -236M+2.5% | -242M-315.1% | ||
| Share-based compensation | 12.0M+14.3% | 10.5M+19.8% | 8.80M+45.2% | 6.06M+468.7% | 1.07M | |
| -785K-86.9% | -420K+84.7% | -2.74M-1314.4% | -194K+83.9% | -1.20M+98.7% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 546M+69.4% | 322M+245.9% | 93.2M-53.4% | 200M-12.6% | 229M+8.1% | ||
| Long-term debt issued | 0.00-100.0% | 358M | 0.00-100.0% | 54.4M-72.8% | 200M+15.1% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 290M+44.8% | 200M+33.2% | 150M+32.8% | 113M+8.0% | 105M-16.2% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest paid | 69.2M+26.9% | 54.5M+36.7% | 39.9M+37.3% | 29.1M+113.9% | 13.6M+5.6% | |
| Income taxes paid | 2.72M+4.7% | 2.60M+12.8% | 2.30M+714.1% | 283K | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.22B+34.0% | 909M+43.4% | 634M+64.9% | 384M-19.7% | 479M | |
| P/E | 9.0×+14.3% | 7.9×-28.5% | 11.0×-24.6% | 14.6×+303.7% | 3.6× | |
| P/B | 1.1×+0.8% | 1.1×-0.8% | 1.1×+39.7% | 0.8×-25.7% | 1.1× | |
| Earnings yield | 11.1%-12.5% | 12.7%+39.9% | 9.1%+32.7% | 6.8%-75.2% | 27.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TRIN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TRIN filings on SEC EDGAR → Not investment advice.