Trinity Capital (TRIN) Interest Expenses (2020 - 2026)
Trinity Capital's Interest Expenses was $24.77 million in Q2 2026, up 37.3% from $18.04 million a year earlier and up 2.8% from the prior quarter.
Trinity Capital (TRIN) Interest Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trinity Capital's Interest Expenses was $93.74 million through Jun 30, 2026, up 30.9% year-over-year; for FY2025, it came in at $80.57 million, up 30.1% from FY2024.
- Interest Expenses has now increased for four consecutive years, with a four-year compound annual growth rate of 41.0% (FY2021 to FY2025).
- In earlier years, Interest Expenses was $61.95 million in FY2024 (+39.9%), $44.3 million in FY2023 (+29.7%), $34.15 million in FY2022 (+67.4%) and $20.39 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q1 2023.
- Compared with a year earlier, Interest Expenses has increased for ten straight quarters, with growth averaging 42.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Interest Expenses ranged from 9.6% (Q1 2024) to 82.4% (Q4 2024).
- Per Business Quant data, TRIN's Interest Expenses in the three quarters before Q2 2026 was $24.1 million (Q1 2026), $23.88 million (Q4 2025) and $20.98 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 359.00 Mn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 90.49 Mn |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 291.98 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 34.06 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 5.12 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 134.37 Mn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 979.00 Mn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 1.43 Bn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 221.00 Mn |
| 10 | Trinity Capital | 1.75 Bn | 1.67 Bn | - | 28.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.30 Mn |
| Jun 30, 2026 | 24.77 Mn |
| Mar 31, 2026 | 24.10 Mn |
| Dec 31, 2025 | 23.88 Mn |
| Sep 30, 2025 | 20.98 Mn |
| Jun 30, 2025 | 18.04 Mn |
| Mar 31, 2025 | 17.66 Mn |
| Dec 31, 2024 | 19.05 Mn |
| Sep 30, 2024 | 16.87 Mn |
| Jun 30, 2024 | 13.89 Mn |
| Mar 31, 2024 | 12.14 Mn |
| Dec 31, 2023 | 10.45 Mn |
| Sep 30, 2023 | 10.78 Mn |
| Jun 30, 2023 | 11.99 Mn |
| Mar 31, 2023 | 11.08 Mn |
| Dec 31, 2022 | 10.28 Mn |
| Sep 30, 2022 | 9.31 Mn |
| Jun 30, 2022 | 7.76 Mn |
| Mar 31, 2022 | 6.80 Mn |
| Dec 31, 2021 | 6.24 Mn |
Trinity Capital Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=TRIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "TRIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=TRIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();