NASDAQ$TRIN

Trinity Capital Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Trinity Capital reported Q3 2025, revenue of $89M, net income of $42M, diluted EPS of $0.42.

For Q3 2025, Trinity Capital reported revenue of $89M, net income of $42M, diluted EPS was $0.42. Management discusses operations, liquidity, and outlook in the quarterly filing.

  • Revenue $89M.
  • Net income $42M.
  • Diluted EPS $0.42.

Headline financials

Total Revenue

-$20M

Previous: $10.5M-290.4%
EPS (adj)

$0.42

Previous: $0.43-2.3%
Net Asset Value per share

$1.35K

No prior period
Return on Average Equity

14.8%

Previous: 16.2%-8.6%
Return on Average Assets

6.5%

Previous: 7.1%-8.5%
Total Gross Investment Commitments

$503M

No prior period
Total Gross Investments Funded

$413M

No prior period
Total Investment Exits & Repayments

$207M

No prior period
New Portfolio Companies Funded

4

No prior period
Effective Yield on Avg Debt

15.4%

No prior period
Net Income

$27.6M

Previous: $24.4M+13.3%
Operating Income

$0.00

Previous: -$21.9M+100.0%

Revenue & EPS history

Trinity Capital · Revenue · Quarterly

-$20M

Q3 2025-290.4%vs Q3 2024
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Forward guidance

The filing discusses Trinity Capital's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.

Tailwinds

  • Trinity Capital cites operational priorities and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.
  • Spread income, net investment income, or fee revenue support the earnings base.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Rates, credit quality, and market marks remain key swing factors.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.2%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+6.9%

Q4 2022

Best reaction

-6.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.0%-0.6%
Q4 2025+0.8%-0.7%-4.9%
Q3 2025+0.0%+3.7%+3.5%
Q1 2025-1.9%+3.5%+3.1%
Q4 2024+5.1%+4.4%+0.6%
Q3 2024+1.4%-3.5%+7.9%
Q2 2024+2.9%+1.8%-1.7%
Q1 2024-4.5%-2.3%-1.7%
Q4 2023+4.8%+3.5%+0.5%
Q3 2023+6.2%+4.9%+7.7%
Q2 2023+4.9%-2.8%-0.2%
Q1 2023-4.1%-5.0%+3.4%
Q4 2019+6.9%+5.8%-4.6%
Q4 2022+6.9%+5.8%-4.6%
Q3 2022-6.9%-10.3%-10.4%
Q2 2022-0.5%+1.9%-1.7%
Q1 2022-4.6%-6.8%-3.5%
Q4 2021-0.9%-4.2%+6.0%
Q3 2021+5.6%+5.3%+1.2%
Q2 2021+4.0%+2.7%+10.4%
Q1 2021+0.7%-1.3%-1.5%
Q4 2020-3.9%+1.1%-4.6%
Q3 2020
Q1 2020
Q3 2019

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