Trinity Capital Inc. (TRIN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 66.05M | 50.41M | 45.25M | 58.05M | 42.43M | 63.05M | 39.94M | 44.84M | 27.66M | 30.02M | 29.07M | 31.84M | 33.61M | 8M | -1.25M | 2.26M | 373K | 61.9M | 32.74M | 29.68M |
| Gross Margin % | 79.27% | 100% | 68.32% | 76.29% | 70.62% | 76.8% | 70.31% | 76.36% | 69.49% | 74.19% | 72.94% | 72.66% | 75.21% | 43.77% | -15.47% | 22.55% | 5.2% | 90.84% | 86.49% | 87.02% |
| Gross Profit Growth % | 55.65% | -20.06% | 13.3% | 29.46% | 53.41% | 110% | 37.39% | 40.81% | -17.71% | 275.12% | 2431.19% | 1309.07% | 8911.26% | -87.07% | -103.81% | -92.38% | -98.79% | 313.6% | 100.2% | 206.35% |
| Operating Expenses | 4.37M | -12.94M | 16.96M | 16.01M | 14.73M | 16.41M | 14.92M | 13.37M | 12.51M | 11.64M | 11.62M | 11.31M | 10.53M | 9.19M | 10.1M | 9.33M | 8.76M | 6.79M | 5.55M | 4.97M |
| OpEx % of Revenue | 5.24% | -25.67% | 25.61% | 21.05% | 24.51% | 19.99% | 26.26% | 22.77% | 31.44% | 28.75% | 29.17% | 25.8% | 23.56% | 50.26% | 125.28% | 93.06% | 122.21% | 9.96% | 14.68% | 14.58% |
| Selling, General & Admin | 4.37M | 4.89M | 4.53M | 4.03M | 4.49M | 4.58M | 3.52M | 3.43M | 2.65M | 3.2M | 2.93M | 2.96M | 2.91M | 2.65M | 2.78M | 2.45M | 2.31M | 2.31M | 1.88M | 1.6M |
| SG&A % of Revenue | 5.24% | 9.7% | 6.83% | 5.3% | 7.48% | 5.58% | 6.19% | 5.84% | 6.66% | 7.92% | 7.35% | 6.75% | 6.52% | 14.48% | 34.51% | 24.44% | 32.2% | 3.4% | 4.96% | 4.69% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 61.68M | 63.34M | 28.29M | 42.03M | 27.7M | 46.64M | 25.02M | 31.47M | 15.15M | 18.39M | 17.45M | 20.54M | 23.08M | -1.19M | -11.34M | -7.07M | -8.39M | 55.11M | 27.18M | 24.7M |
| Operating Margin % | 74.03% | 125.67% | 42.71% | 55.24% | 46.1% | 56.8% | 44.04% | 53.58% | 38.05% | 45.43% | 43.78% | 46.85% | 51.65% | -6.49% | -140.75% | -70.51% | -117.01% | 80.88% | 71.82% | 72.45% |
| Operating Income Growth % | 122.66% | 35.82% | 13.07% | 33.58% | 82.89% | 153.64% | 43.41% | 53.24% | -34.38% | 1649.12% | 253.8% | 390.62% | 375.09% | -102.15% | -141.73% | -128.6% | -133.06% | 466.8% | 120.37% | 258.98% |
| EBITDA | 61.68M | 63.34M | 28.29M | 42.03M | 27.7M | 46.64M | 25.02M | 31.47M | 15.15M | 18.39M | 17.45M | 20.54M | 23.08M | -1.19M | -11.34M | -7.07M | -8.39M | 55.11M | 27.18M | 25.61M |
| EBITDA Margin % | 74.03% | 125.67% | 42.71% | 55.24% | 46.1% | 56.8% | 44.04% | 53.58% | 38.05% | 45.43% | 43.78% | 46.85% | 51.65% | -6.49% | -140.75% | -70.51% | -117.01% | 80.88% | 71.82% | 75.1% |
| EBITDA Growth % | 122.66% | 35.82% | 13.07% | 33.58% | 82.89% | 153.64% | 43.41% | 53.24% | -34.38% | 1649.12% | 253.8% | 390.62% | 375.09% | -102.15% | -141.73% | -127.59% | -133.04% | 466.8% | 120.37% | 235.94% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 904K |
| EBIT | 61.68M | 63.34M | 28.29M | 42.03M | 27.7M | 46.64M | 25.02M | 31.47M | 15.15M | 18.39M | 17.45M | 20.54M | 23.08M | -1.19M | -11.34M | -7.07M | -8.39M | 55.11M | 27.18M | 24.7M |
| Net Interest Income | -24.1M | -23.88M | 51.59M | -18.04M | 45.02M | 47.26M | 42.32M | 37.95M | 37.25M | 34.3M | 34.25M | 32.54M | 29.45M | 30.48M | 27.85M | 24.75M | 21.61M | 15.27M | 15.55M | 13.69M |
| Interest Income | 0 | 0 | 72.58M | 0 | 62.67M | 66.31M | 59.19M | 51.84M | 49.39M | 44.74M | 45.03M | 44.53M | 40.53M | 40.77M | 37.15M | 32.51M | 28.41M | 21.51M | 20.66M | 18.11M |
| Interest Expense | 24.1M | 23.88M | 20.98M | 18.04M | 17.66M | 19.05M | 16.87M | 13.88M | 12.14M | 10.45M | 10.78M | 11.98M | 11.08M | 10.28M | 9.31M | 7.76M | 6.8M | 6.24M | 5.11M | 4.42M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 45.52M | 39.46M | 28.29M | 42.03M | 27.7M | 46.64M | 25.02M | 31.47M | 15.15M | 18.39M | 17.45M | 20.54M | 23.08M | -1.19M | -11.34M | -7.07M | -8.39M | 55.11M | 27.18M | 24.7M |
| Pretax Margin % | 54.64% | 78.28% | 42.71% | 55.24% | 46.1% | 56.8% | 44.04% | 53.58% | 38.05% | 45.43% | 43.78% | 46.85% | 51.65% | -6.49% | -140.75% | -70.51% | -117.01% | 80.88% | 71.82% | 72.45% |
| Income Tax | 0 | 0 | 644K | 621K | 616K | 781K | 619K | 639K | 639K | 684K | 625K | 653K | 597K | 402K | 657K | 657K | 674K | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 2.28% | 1.48% | 2.22% | 1.67% | 2.47% | 2.03% | 4.22% | 3.72% | 3.58% | 3.18% | 2.59% | -33.87% | -5.79% | -9.3% | -8.03% | 0% | 0% | 0% |
| Net Income | 45.52M | 39.46M | 27.64M | 41.41M | 27.09M | 45.86M | 24.4M | 30.83M | 14.51M | 17.7M | 16.82M | 19.88M | 22.49M | -1.59M | -12M | -7.72M | -9.06M | 55.11M | 27.18M | 24.7M |
| Net Margin % | 54.64% | 78.28% | 41.74% | 54.43% | 45.08% | 55.85% | 42.95% | 52.49% | 36.45% | 43.74% | 42.21% | 45.36% | 50.31% | -8.69% | -148.9% | -77.07% | -126.41% | 80.88% | 71.82% | 72.45% |
| Net Income Growth % | 68.06% | -13.96% | 13.3% | 34.34% | 86.7% | 159.03% | 45.06% | 55.05% | -35.48% | 1214.16% | 240.17% | 357.44% | 348.05% | -102.88% | -144.15% | -131.26% | -135.8% | 466.8% | 120.37% | 258.98% |
| Net Income (Continuing) | 45.52M | 39.46M | 27.64M | 41.41M | 27.09M | 45.86M | 24.4M | 30.83M | 14.51M | 17.7M | 16.82M | 19.88M | 22.49M | -1.59M | -12M | -7.72M | -9.06M | 55.11M | 27.18M | 24.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.53 | 0.51 | 0.39 | 0.63 | 0.43 | 0.74 | 0.43 | 0.59 | 0.30 | 0.37 | 0.55 | 0.52 | 0.60 | -0.05 | -0.33 | -0.22 | -0.33 | 1.83 | 0.94 | 0.93 |
| EPS Growth % | 23.26% | -31.08% | -9.3% | 6.78% | 43.33% | 100% | -21.82% | 13.46% | -50% | 918.58% | 266.67% | 336.36% | 281.82% | -102.47% | -135.11% | -123.66% | -130.56% | 381.58% | 91.84% | 244.44% |
| EPS (Basic) | 0.53 | 0.51 | 0.39 | 0.63 | 0.43 | 0.77 | 0.47 | 0.61 | 0.31 | 0.40 | 0.60 | 0.55 | 0.64 | -0.05 | -0.33 | -0.25 | -0.33 | 2.03 | 1.02 | 0.93 |
| Diluted Shares Outstanding | 83.64M | 77.03M | 71.47M | 65.91M | 62.56M | 63.43M | 58.37M | 54.06M | 50.6M | 48.1M | 43.85M | 39.69M | 38.74M | 35.13M | 36.54M | 34.33M | 27.42M | 30.54M | 29.97M | 26.48M |
| Basic Shares Outstanding | 83.64M | 77.03M | 71.47M | 65.91M | 62.56M | 59.41M | 54.41M | 50.16M | 46.75M | 44.31M | 40.12M | 36.02M | 35.07M | 35.13M | 36.54M | 30.96M | 27.42M | 27.2M | 26.64M | 26.48M |
| Dividend Payout Ratio | - | 95.76% | 127.16% | 77.94% | 115.01% | 63.48% | 107.01% | 79.44% | 157.3% | 129.61% | 112.12% | 82.15% | 91.89% | - | - | - | - | 14.68% | 24.89% | 25.35% |