v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income:    
Total interest and dividend income $ 83,319 $ 62,673
Fee and other income:    
Total fee and other income 6,810 2,712
Total investment income 90,129 65,385
EXPENSES:    
Interest expense and other debt financing costs 24,104 17,656
Compensation and benefits 17,270 10,645
Professional fees 1,219 2,027
General and administrative 3,146 2,466
Total gross expenses 45,739 32,794
Allocated expenses to Trinity Capital Adviser, LLC (1,133) (408)
Total net expenses 44,606 32,386
NET INVESTMENT INCOME/(LOSS) BEFORE TAXES 45,523 32,999
Excise tax expense 1,035 616
NET INVESTMENT INCOME 44,488 32,383
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments (9,930) (2,154)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments (4,726) (3,142)
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 29,832 $ 27,087
NET INVESTMENT INCOME PER SHARE - BASIC $ 0.53 $ 0.52
NET INVESTMENT INCOME PER SHARE - DILUTED 0.53 0.52
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC 0.36 0.43
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED $ 0.36 $ 0.43
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 83,643,311 62,555,531
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 83,643,311 62,555,531
Control Investments    
Interest and dividend income:    
Total interest and dividend income $ 5,602 $ 2,328
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments 0  
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments (4,949) 2
Affiliate Investments    
Interest and dividend income:    
Total interest and dividend income 613 693
Fee and other income:    
Total fee and other income 2,119 1,272
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments (3,071)  
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments (8,905) 430
Non-Control / Non-Affiliate Investments    
Interest and dividend income:    
Total interest and dividend income 75,598 59,073
Fee and other income:    
Total fee and other income 6,197 2,019
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments (6,859) (2,154)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments $ 9,128 $ (3,574)