← Trinity Capital Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Total interest and dividend income | $76.6m |
$138.8m
+81.18%
|
$174.8m
+25.93%
|
$226.7m
+29.68%
|
$279.5m
+23.28%
|
— | |
| Interest Income (Expense), Net | $200k |
$300k
+50.00%
|
$8.0m
+2566.67%
|
$9.1m
+13.75%
|
$4.9m
-46.15%
|
$313.0m
+6288.73%
|
|
| General and administrative | $4.3m | $6.1m | $6.6m | $8.9m | $10.4m | $18.0m | |
| Operating Lease, Expense | $500k | $500k | $600k | $1.3m | $1.8m | — | |
| Operating Costs and Expenses | — | — | — | $119.6m | $149.9m | — | |
| Operating Expenses | $42.9m | $71.5m | $89.4m | $119.2m | $147.0m | $71.9m | |
| Interest expense and other debt financing costs | $20.4m | $34.1m | $44.3m | $61.9m | $80.6m | $93.7m | |
| NET INVESTMENT INCOME/(LOSS) BEFORE TAXES | $39.3m | $74.0m | $92.5m | $118.5m | $146.7m | ||
| NET INVESTMENT INCOME | $39.0m | $71.6m | $89.9m | $115.8m | $144.1m | ||
| NET INVESTMENT INCOME PER SHARE - BASIC | $1.50 | $2.26 | $2.31 | $2.20 | $2.08 | ||
| NET INVESTMENT INCOME PER SHARE - DILUTED | $1.45 | $2.14 | $2.19 | $2.11 | $2.08 | ||
| Total investment income | $82.2m | $145.5m | $181.9m | $237.7m | $293.7m | — | |
| Investment Income, Net | $39.0m | $71.6m | $89.9m | $115.8m | $144.1m | — | |
| Total fee and other income | $5.6m | $6.7m | $7.0m | $11.0m | $14.1m | — | |
| Excise tax expense | $255k | $2.4m | $2.6m | $2.7m | $2.6m | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | $132.3m |
($30.4m)
-122.96%
|
$76.9m
+353.15%
|
$115.6m
+50.33%
|
$135.6m
+17.31%
|
$141.3m
+4.23%
|
|
| NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC | $5.09 | ($0.96) | $1.98 | $2.19 | $1.96 | ||
| NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED | $4.64 | ($0.96) | $1.89 | $2.10 | $1.96 | ||
| Earnings Per Share, Basic | $5.09 | ($0.96) | $1.98 | $2.19 | $1.96 | $1.74 | |
| Earnings Per Share, Diluted | $4.64 | ($0.96) | $1.89 | $2.10 | $1.96 | $1.74 | |
| WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC | 26.0m | 31.7m | 38.9m | 52.7m | 69.3m | ||
| WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED | 29.3m | 35.2m | 42.7m | 56.7m | 69.3m | ||
| Weighted Average Number of Shares Outstanding, Basic | 26.0m | 31.7m | 38.9m | 52.7m | 69.3m | 80.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 29.3m | 35.2m | 42.7m | 56.7m | 69.3m | 80.7m | |
| Compensation and benefits | $15.5m | $27.2m | $33.1m | $43.5m | $51.4m | — | |
| Professional fees | $2.7m | $4.1m | $5.4m | $5.3m | $7.6m | — | |
| Allocated expenses to Trinity Capital Adviser, LLC | — | — | — | ($473k) | ($2.9m) | — | |
| Net realized gain/(loss) from investments | $12.7m | $32.9m | ($28.1m) | ($9.7m) | ($64.3m) | — | |
| Net change in unrealized appreciation/(depreciation) from investments | $80.6m | ($134.8m) | $15.1m | $9.5m | $55.9m | — | |
| NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $132.3m | ($30.4m) | $76.9m | $115.6m | $135.6m | ||
| Income (Loss) Attributable to Parent, before Tax | $39.3m | $74.0m | $92.5m | $118.5m | $146.7m | — | |
| Realized Investment Gains (Losses) | $12.7m | $32.9m | ($28.1m) | ($9.7m) | ($64.3m) | — | |
| Total gross expenses | — | $71.5m | $89.4m | $119.6m | $149.9m | — | |
| Total net expenses | $42.9m | $71.5m | $89.4m | $119.2m | $147.0m | — |