Trinity Capital Inc. 7.875% Notes Due 2029 (TRINI) 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 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 66.05M | 50.41M | 56.48M | 61.73M | 63.64M | 80.47M | 48.01M | 51.84M | 49.39M | 44.74M | 45.03M | 44.53M | 40.53M | 40.77M | 37.15M | 32.51M | 28.41M | 21.51M | 20.66M |
| Gross Margin % | 79.27% | 100% | 100% | 100% | 100% | 107.18% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | 3.79% | -37.36% | 17.64% | 19.08% | 28.84% | 79.83% | 6.61% | 16.41% | 21.86% | 9.76% | 21.21% | 36.97% | 42.68% | 89.53% | 79.84% | - | - | - | - |
| Operating Expenses | 4.37M | -12.94M | 7.85M | 2.27M | 18.9M | 4.97M | -6.74M | 13.37M | 12.51M | 11.64M | 11.62M | 11.31M | 10.53M | 9.19M | 10.1M | 9.33M | 8.76M | 6.53M | 5.55M |
| OpEx % of Revenue | 5.24% | -25.67% | 13.91% | 3.68% | 29.69% | 6.62% | -14.05% | 25.8% | 25.33% | 26.01% | 25.81% | 25.4% | 25.98% | 22.55% | 27.17% | 28.69% | 30.85% | 30.38% | 26.89% |
| Selling, General & Admin | 4.37M | 0 | 0 | 0 | 0 | 15.55M | -6.74M | 13.37M | 12.51M | 11.64M | 11.62M | 11.31M | 10.53M | 9.19M | 10.1M | 9.33M | 8.76M | 6.53M | 5.55M |
| SG&A % of Revenue | 5.24% | - | - | - | - | 20.72% | -14.05% | 25.8% | 25.33% | 26.01% | 25.81% | 25.4% | 25.98% | 22.55% | 27.17% | 28.69% | 30.85% | 30.38% | 26.89% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 61.68M | 63.34M | 48.63M | 59.46M | 44.74M | 64.91M | 41.27M | 38.46M | 36.88M | 33.11M | 33.41M | 33.22M | 30M | 31.57M | 27.06M | 23.18M | 19.64M | 14.97M | 15.1M |
| Operating Margin % | 74.03% | 125.67% | 86.09% | 96.32% | 70.31% | 86.46% | 85.95% | 74.2% | 74.67% | 73.99% | 74.19% | 74.6% | 74.02% | 77.45% | 72.83% | 71.31% | 69.15% | 69.62% | 73.11% |
| Operating Income Growth % | 37.86% | -2.41% | 17.83% | 54.58% | 21.32% | 96.06% | 23.52% | 15.79% | 22.92% | 4.86% | 23.48% | 43.28% | 52.74% | 110.84% | 79.14% | - | - | - | - |
| EBITDA | 61.68M | 63.34M | 48.63M | 59.46M | 44.74M | 64.91M | 41.27M | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.99M | 15.12M |
| EBITDA Margin % | 74.03% | 125.67% | 86.09% | 96.32% | 70.31% | 86.46% | 85.95% | - | - | 0% | - | - | - | - | - | - | - | 69.68% | 73.17% |
| EBITDA Growth % | 37.86% | -2.41% | 17.83% | - | - | 99999900% | - | - | - | - | - | - | - | -100% | -100% | - | - | - | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -38.46M | -36.88M | -33.11M | -33.41M | -33.22M | -30M | -31.57M | -27.06M | -23.18M | -19.64M | 12.5K | 12.5K |
| EBIT | 61.68M | 63.34M | 48.63M | 59.46M | 44.74M | 64.91M | 41.27M | 38.46M | 36.88M | 33.11M | 33.41M | 33.22M | 30M | 31.57M | 27.06M | 23.18M | 19.64M | 14.97M | 15.1M |
| Net Interest Income | -24.1M | 59.35M | 54.57M | 51.44M | 47.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 83.23M | 75.55M | 69.48M | 65.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 24.1M | 23.88M | 20.98M | 18.04M | 17.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 45.52M | 39.46M | 27.64M | 41.41M | 27.09M | 45.86M | 24.4M | 31.47M | 15.15M | 18.39M | 17.45M | 20.54M | 23.08M | -1.19M | -11.34M | -7.07M | -8.39M | 55.37M | 27.18M |
| Pretax Margin % | 54.64% | 78.28% | 48.95% | 67.09% | 42.56% | 61.08% | 50.82% | 60.7% | 30.67% | 41.1% | 38.74% | 46.12% | 56.95% | -2.91% | -30.53% | -21.73% | -29.54% | 257.4% | 131.57% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 639K | 639K | 684K | 625K | 653K | 597K | 402K | 657K | 657K | 674K | 255K | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2.03% | 4.22% | 3.72% | 3.58% | 3.18% | 2.59% | -33.87% | -5.79% | -9.3% | -8.03% | 0.46% | 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 |
| Net Margin % | 54.64% | 78.28% | 48.95% | 67.09% | 42.56% | 61.08% | 50.82% | 59.47% | 29.37% | 39.57% | 37.35% | 44.65% | 55.48% | -3.9% | -32.3% | -23.76% | -31.91% | 256.22% | 131.57% |
| Net Income Growth % | 68.06% | -13.95% | 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% | - | - | - | - |
| 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 |
| Discontinued Operations | 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 |
| EPS (Diluted) | 0.53 | 0.51 | 0.52 | 0.63 | 0.43 | 0.74 | 0.42 | 0.59 | 0.30 | 0.37 | 0.38 | 0.52 | 0.60 | -0.05 | -0.36 | -0.25 | -0.33 | 2.02 | 0.91 |
| EPS Growth % | 23.26% | -31.08% | 23.81% | 6.78% | 43.33% | 100% | 10.53% | 13.46% | -50% | 918.58% | 205.56% | 308% | 281.82% | -102.24% | -139.56% | - | - | - | - |
| EPS (Basic) | 0.53 | 0.51 | 0.52 | 0.63 | 0.43 | 0.77 | 0.45 | 0.61 | 0.31 | 0.40 | 0.42 | 0.55 | 0.64 | -0.05 | -0.36 | -0.25 | -0.33 | 2.02 | 1.02 |
| 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 | 33.1M | 30.96M | 27.42M | 27.23M | 29.97M |
| Basic Shares Outstanding | 83.64M | 77.03M | 71.47M | 65.91M | 62.56M | 59.41M | 54.41M | 52.51M | 46.75M | 44.31M | 40.12M | 36.02M | 35.07M | 35.13M | 33.1M | 30.96M | 27.42M | 27.23M | 26.64M |
| Dividend Payout Ratio | - | - | - | 77.94% | 115.01% | - | 107.01% | 79.44% | 157.3% | 129.61% | - | - | - | - | - | - | - | 14.68% | 24.89% |