Trinity Capital Inc. (TRIN)

Trinity Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	240.01	226.73	174.84	138.84	76.63	51.26
Revenue	240.01	226.73	174.84	138.84	76.63	51.26
Revenue Growth (YoY)	30.65%	29.68%	25.93%	81.18%	49.50%	-
Gross Profit	240.01	226.73	174.84	138.84	76.63	51.26
Selling, General & Admin	60.32	57.69	45.1	37.38	22.51	14.82
Operating Expenses	60.32	57.69	45.1	37.38	22.51	14.82
Operating Income	179.69	169.04	129.74	101.46	54.12	36.44
Interest Expense	-67.46	-61.95	-44.3	-34.15	-20.39	-16.77
Other Non Operating Income (Expenses)	0.88	0.47	-	-	-	-
EBT Excluding Unusual Items	113.11	107.56	85.45	67.31	33.72	19.66
Merger & Restructuring Charges	-	-	-	-	-	-15.11
Gain (Loss) on Sale of Investments	5.1	-0.25	-13.01	-101.96	93.29	-14.37
Other Unusual Items	12.61	10.96	7.02	6.66	5.57	3.71
Pretax Income	130.83	118.27	79.45	-27.99	132.58	-6.11
Income Tax Expense	2.66	2.68	2.56	2.39	0.26	-
Net Income	128.18	115.6	76.89	-30.38	132.32	-6.11
Net Income to Common	128.18	115.6	76.89	-30.38	132.32	-6.11
Net Income Growth	85.99%	50.33%	-	-	-	-
Shares Outstanding (Basic)	57	53	39	32	26	18
Shares Outstanding (Diluted)	60	57	43	32	29	18
Shares Change (YoY)	30.76%	32.84%	34.84%	8.02%	62.06%	-
EPS (Basic)	2.26	2.19	1.98	-0.96	5.09	-0.34
EPS (Diluted)	2.19	2.10	1.89	-0.96	4.64	-0.34
EPS Growth	37.77%	11.47%	-	-	-	-
Free Cash Flow	-299.34	-317.33	-99	-235.94	-242.88	-58.48
Free Cash Flow Per Share	-5.01	-5.59	-2.32	-7.45	-8.28	-3.23
Dividend Per Share	2.040	2.040	1.940	1.730	1.260	-
Dividend Growth	3.03%	5.16%	12.14%	37.30%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	74.87%	74.55%	74.21%	73.08%	70.62%	71.09%
Profit Margin	53.40%	50.98%	43.98%	-21.88%	172.68%	-11.92%
Free Cash Flow Margin	-124.72%	-139.96%	-56.63%	-169.94%	-316.96%	-114.09%
EBITDA	-	-	-	-	54.17	36.49
EBITDA Margin	-	-	-	-	70.69%	71.18%
D&A For EBITDA	-	-	-	-	0.05	0.05
EBIT	179.69	169.04	129.74	101.46	54.12	36.44
EBIT Margin	74.87%	74.55%	74.21%	73.08%	70.62%	71.09%
Effective Tax Rate	2.03%	2.26%	3.22%	-	0.19%	-
Revenue as Reported	252.62	237.69	181.86	145.5	82.19	54.96

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q