v3.26.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest and dividend income:        
Total interest and dividend income $ 85,952 $ 72,575 $ 248,872 $ 201,961
Fee and other income:        
Total fee and other income 12,436 2,975 26,814 8,456
Total investment income 98,388 75,550 275,686 210,417
EXPENSES:        
Interest expense and other debt financing costs 28,300 20,981 77,178 56,681
Compensation and benefits 17,062 13,388 46,761 36,522
Professional fees 1,442 1,936 3,906 5,750
General and administrative 2,964 2,590 9,099 7,303
Total gross expenses 49,768 38,895 136,944 106,256
Allocated expenses to Trinity Capital Adviser, LLC (1,977) (955) (4,006) (1,871)
Total net expenses 47,791 37,940 132,938 104,385
NET INVESTMENT INCOME/(LOSS) BEFORE TAXES 50,597 37,610 142,748 106,032
Excise tax expense 730 644 2,404 1,881
NET INVESTMENT INCOME 49,867 36,966 140,344 104,151
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:        
Net realized gain/(loss) from investments (7,472) (20,025) (18,176) (30,441)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:        
Net change in unrealized appreciation/(depreciation) from investments 4,529 10,704 (1,007) 22,434
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 46,924 $ 27,645 $ 121,161 $ 96,144
NET INVESTMENT INCOME PER SHARE - BASIC $ 0.52 $ 0.52 $ 1.56 $ 1.56
NET INVESTMENT INCOME PER SHARE - DILUTED 0.52 0.52 1.56 1.56
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC 0.49 0.39 1.35 1.44
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED $ 0.49 $ 0.39 $ 1.35 $ 1.44
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 95,111,706 71,467,831 89,781,819 66,677,623
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 95,111,706 71,467,831 89,781,819 66,677,623
Control Investments        
Interest and dividend income:        
Total interest and dividend income $ 2,826 $ 2,809 $ 12,477 $ 7,567
Fee and other income:        
Total fee and other income 687   1,320  
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 (2,466) (411) (10,518) 7,503
Affiliate Investments        
Interest and dividend income:        
Total interest and dividend income 1,639 1,866 5,534 4,116
Fee and other income:        
Total fee and other income 998 731 2,259 2,020
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:        
Net realized gain/(loss) from investments (4,777) (19,039) (7,848) (19,039)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:        
Net change in unrealized appreciation/(depreciation) from investments 7,221 308 (5,582) (2,153)
Non-Control / Non-Affiliate Investments        
Interest and dividend income:        
Total interest and dividend income 81,487 67,900 230,861 190,278
Fee and other income:        
Total fee and other income 10,751 2,244 23,235 6,436
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:        
Net realized gain/(loss) from investments (2,695) (986) (10,328) (11,402)
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:        
Net change in unrealized appreciation/(depreciation) from investments $ (226) $ 10,807 $ 15,093 $ 17,084