v3.26.3
Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Cost of investment $ 2,839,292 [1],[2] $ 2,396,883 [3],[4]
Unamortized deferred financing costs and premium/discount $ 13,312 $ 10,118
Common stock, par value $ 0.001 $ 0.001
Common stock, authorized 200,000,000 200,000,000
Common stock, issued 97,380,301 81,518,294
Common stock, outstanding 97,380,301 81,518,294
Secured Notes    
Unamortized deferred financing costs $ 1,156 $ 1,467
Control Investments    
Cost of investment 205,555 107,747
Affiliate Investments    
Cost of investment 79,425 63,422
Non-Control / Non-Affiliate Investments    
Cost of investment $ 2,554,312 $ 2,225,715
[1] All debt investments are income producing unless otherwise noted. All equity and warrant investments are non-income producing unless otherwise noted. Equipment financed under our equipment financing investments relates to operational equipment essential to revenue production for the portfolio company in the industry noted.
[2] All portfolio companies are located in North America or Europe. As of September 30, 2026, Trinity Capital Inc. (the “Company”) had twelve foreign domiciled portfolio companies, four of which are based in Canada and eight of which are based in Europe. As of September 30, 2026, these foreign domiciled portfolio investments represented 20.2% of total net asset value based on fair value. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale and may be deemed to be “restricted securities” under the Securities Act.
[3] All debt investments are income producing unless otherwise noted. All equity and warrant investments are non-income producing unless otherwise noted. Equipment financed under our equipment financing investments relates to operational equipment essential to revenue production for the portfolio company in the industry noted.
[4] All portfolio companies are located in North America or Europe. As of December 31, 2025, Trinity Capital Inc. (the “Company”) had ten foreign domiciled portfolio companies, four of which are based in Canada and six of which are based in Europe. As of December 31, 2025, these foreign domiciled portfolio investments represented 15.2% of total net asset value based on fair value. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale and may be deemed to be “restricted securities” under the Securities Act.