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Trinity Capital

TRIN

Trinity Capital Inc. is an internally managed business development company that provides specialized debt financing to growth-oriented companies, primarily those backed by institutional venture capital or private equity.

Market cap
$1.58B+41.7%
Net income$138.4M+7.9%
EPS (diluted)$1.90-14.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (Tomorrow)
Revenue estimate$91.4M
EPS estimate$0.52

Financials

Q1 2026

Income statement

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Net income$29.8M+10.1%
EPS (diluted)$0.36-16.3%

Balance sheet

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Cash & equivalents$19.6M+134%
Total debt$1.4B+40.4%
Total equity$1.2B+39.9%
Total assets$2.6B+37.6%

Cash flow

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Operating cash flow-$45.8M+27.7%

Valuation & ratios

Valuation

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Market cap$1.58B+41.7%
Enterprise value$2.93B+35.3%
P/E11.4×+3.3×

Returns & leverage

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Return on equity13.8%-3.7pp
Debt / equity1.2×0.0×

Competitors

Profile

Trinity Capital Inc. is an internally managed business development company that provides specialized debt financing to growth-oriented companies, primarily those backed by institutional venture capital or private equity. The company offers a combination of term loans, equipment financings, and asset-based lending to bridge the gap between expensive equity capital and traditional bank financing. Its core value proposition lies in its technical engineering expertise and proprietary credit systems used to evaluate high-growth, underserved market segments.

Competitive position

A specialized BDC that differentiates itself by offering both loans and equipment financing alongside in-house engineering expertise to evaluate technical risk.

GeographiesUnited States
Customer segmentsGrowth-stage startups, Venture-backed enterprises, SME
Business modelDirect Lending, Asset-Based Lending, Investment Management
SuppliersEquity capital markets, Debt capital markets, Commercial banks for credit facilities
CustomersTechnology startups, Manufacturing growth companies, Life sciences firms, Venture capital portfolio companies
Listed2021
Employees95.0
CEOKyle Steven Brown
FilingsSEC EDGAR

FAQ

What is Trinity Capital's market cap?
Trinity Capital (TRIN) has a market capitalization of $1.6B and trades on NASDAQ.
Who are Trinity Capital's competitors?
Trinity Capital's key competitors include Horizon Technology Finance Corp., Hercules Capital, Inc., Pinnacle Financial Partners, Inc., and others. These companies compete in similar markets and product categories.
Who does Trinity Capital partner with?
Trinity Capital's notable partners include KeyBank National Association.
What subsidiaries does Trinity Capital have?
Trinity Capital's subsidiaries include TrinCap Funding, LLC, Trinity Capital Adviser LLC, TrinCap Term Funding, LLC.
Where is Trinity Capital headquartered?
Trinity Capital is headquartered in United States of America and employs approximately 95 people. It has been publicly traded since 2021.