Trinity Capital Inc. (TRIN) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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TRIN Revenue Growth
TRIN Revenue Analysis (2019–2025)
As of May 6, 2026, Trinity Capital Inc. (TRIN) generated trailing twelve-month (TTM) revenue of $252.8 million, reflecting significant decline in growth of -38.6% year-over-year. The most recent quarter (Q4 2025) recorded $50.4 million in revenue, down 23.9% sequentially.
Looking at the longer-term picture, TRIN's 5-year compound annual growth rate (CAGR) stands at +47.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $279.5 million in 2025, representing a new all-time high.
When compared to Financial Services sector peers including ARCC, GBDC, and OBDC. Compare TRIN vs ARCC →
TRIN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TRINCurrent | $253M | -38.6% | +47.1% | 77.3% | |
 ARCC | $3.1B | - | - | 69.7% | |
 GBDC | $871M | - | - | 78.9% | |
 OBDC | $1.7B | - | - | - | |
 FSCO | $254M | - | - | 77.5% | |
 CGBD | $168M | - | - | 54.7% |
TRIN Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $279.5M | - | $228.1M | 81.6% | $216.2M | 77.3% |
| 2024 | $237.4M | - | $175.5M | 73.9% | $118.3M | 49.8% |
| 2023 | $174.8M | - | $141.7M | 81.1% | $129.7M | 74.2% |
| 2022 | $43.5M | - | $9.4M | 21.6% | $-27,986,000 | -64.3% |
| 2021 | $175.5M | - | $155.1M | 88.4% | $132.6M | 75.5% |
| 2020 | $40.6M | - | $23.8M | 58.7% | $-6,112,000 | -15.1% |
| 2019 | $0 | - | $0 | - | $-1,257,600 | - |
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Start ComparisonTRIN — Frequently Asked Questions
Quick answers to the most common questions about buying TRIN stock.
Is TRIN's revenue growth accelerating or slowing?
TRIN revenue declined -38.6% year-over-year, contrasting with the 5-year CAGR of +47.1%. TTM revenue fell to $253M. This reverses the prior growth trend.
What is TRIN's long-term revenue growth rate?
Trinity Capital Inc.'s 5-year revenue CAGR of +47.1% reflects the variable expansion pattern. Current YoY growth of -38.6% is below this long-term average.
How is TRIN's revenue distributed by segment?
TRIN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.