Trinity Capital's portfolio grows 38% to $2.73B, but EPS falls 22% on dilution and unrealized losses

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income rose 7.2% to $44.4M, but diluted EPS fell 22.2% to $0.49 as share issuance and unrealized losses offset higher investment income.

  MD&A: Earnings verify on EDGAR →
• high

  Portfolio fair value grew 38% YoY to $2.73B across 190 companies, driven by secured loans, equipment financings, and equity/warrants.

  MD&A: Portfolio verify on EDGAR →
• high

  Non-accrual investments nearly doubled in cost to $41.0M (fair value $18.7M), signaling increased credit stress in the portfolio.

  MD&A: Credit Quality verify on EDGAR →