Trinity Capital Inc. (TRIN)

Trinity Capital Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	135.6	115.6	76.89	-30.38	132.32
Depreciation & Amortization	4.96	5.4	4.28	3.8	4.03
Stock-Based Compensation	12.05	10.54	8.8	6.06	1.07
Net Change in Loans Held-for-Sale	-650.31	-411.07	-160.83	-290.66	-265.58
Other Adjustments	-42.21	-39.33	-19.95	69.74	-114.24
Changes in Accrued Interest and Accounts Receivable	-2.49	-5.34	-1.26	-4.42	-2.08
Changes in Accounts Payable	18.03	8.9	4.99	5.18	6.2
Changes in Other Operating Activities	-11.14	-1.62	-9.19	4.93	-3.39
Operating Cash Flow	-535.5	-316.91	-96.26	-235.74	-241.67
Sale of Property, Plant & Equipment	-0.79	-0.42	-2.74	-0.19	-1.2
Investing Cash Flow	-0.79	-0.42	-2.74	-0.19	-1.2
Short-Term Debt Issued	1,569	829.4	420	326	177
Short-Term Debt Repaid	-1,308	-929.4	-394.5	-229.5	-221
Net Short-Term Debt Issued (Repaid)	260.9	-100	25.5	96.5	-44
Long-Term Debt Issued	353.36	358.22	-	54.35	200
Long-Term Debt Repaid	-217.76	-30	-	-	-
Net Long-Term Debt Issued (Repaid)	135.61	328.22	-	54.35	200
Issuance of Common Stock	289.99	200.23	150.28	113.14	104.78
Repurchase of Common Stock	-4.36	-3.73	-3.82	-3.03	-0.14
Net Common Stock Issued (Repurchased)	285.63	196.51	146.46	110.11	104.65
Common Dividends Paid	-136.37	-102.53	-78.8	-61.16	-24.93
Other Financing Activities	-	-	-	-	-7.2
Financing Cash Flow	545.77	322.2	93.15	199.81	228.52
Net Cash Flow	9.48	4.87	-5.85	-36.13	-14.36
Free Cash Flow	-535.5	-316.91	-96.26	-235.74	-241.67
FCF Margin	-261.71%	-180.58%	-77.29%	-2510.30%	-155.83%
Free Cash Flow Per Share	-7.73	-5.59	-2.25	-7.44	-8.24
Levered Free Cash Flow	541.47	351.16	101.21	129.97	293.08
Unlevered Free Cash Flow	9.36	7.34	-1.18	9.49	4.76

Updated Feb 25, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q