v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income:        
Total interest and dividend income $ 79,602 $ 66,713 $ 162,920 $ 129,387
Fee and other income:        
Total fee and other income 7,568 2,770 14,378 5,481
Total investment income 87,170 69,483 177,298 134,868
EXPENSES:        
Interest expense and other debt financing costs 24,774 18,044 48,878 35,700
Compensation and benefits 12,428 12,489 29,699 23,134
Professional fees 1,245 1,787 2,464 3,814
General and administrative 2,991 2,246 6,135 4,713
Total gross expenses 41,438 34,566 87,176 67,361
Allocated expenses to Trinity Capital Adviser, LLC (896) (508) (2,029) (916)
Total net expenses 40,542 34,058 85,147 66,445
NET INVESTMENT INCOME/(LOSS) BEFORE TAXES 46,628 35,425 92,151 68,423
Excise tax expense 639 621 1,674 1,238
NET INVESTMENT INCOME 45,989 34,804 90,477 67,185
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:        
Net realized gain/(loss) from investments (774) (8,262) (10,704) (10,416)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:        
Net change in unrealized appreciation/(depreciation) from investments (810) 14,872 (5,536) 11,730
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 44,405 $ 41,414 $ 74,237 $ 68,499
NET INVESTMENT INCOME PER SHARE - BASIC $ 0.51 $ 0.53 $ 1.04 $ 1.05
NET INVESTMENT INCOME PER SHARE - DILUTED 0.51 0.53 1.04 1.05
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC 0.49 0.63 0.85 1.07
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED $ 0.49 $ 0.63 $ 0.85 $ 1.07
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 90,464,413 65,911,570 87,072,704 64,242,822
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 90,464,413 65,911,570 87,072,704 64,242,822
Control Investments        
Interest and dividend income:        
Total interest and dividend income $ 4,048 $ 2,430 $ 9,649 $ 4,758
Fee and other income:        
Total fee and other income 633   633  
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 (3,104) 7,912 (8,053) 7,913
Affiliate Investments        
Interest and dividend income:        
Total interest and dividend income 1,774 977 3,893 2,250
Fee and other income:        
Total fee and other income 648 597 1,261 1,289
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 (3,899) 52 (12,804) 482
Non-Control / Non-Affiliate Investments        
Interest and dividend income:        
Total interest and dividend income 73,780 63,306 149,378 122,379
Fee and other income:        
Total fee and other income 6,287 2,173 12,484 4,192
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:        
Net realized gain/(loss) from investments (774) (8,262) (7,633) (10,416)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:        
Net change in unrealized appreciation/(depreciation) from investments $ 6,193 $ 6,908 $ 15,321 $ 3,335