Trinity Capital (TRIN) Non-Current Debt (2021 - 2026)
Trinity Capital (TRIN) posted Non-Current Debt of $1.0 billion for Q2 2026, up 40.8% on a QoQ basis from $722.6 million in Q1 2026, and up 78.55% year-over-year from $569.8 million in Q2 2025.
Analysis
Trinity Capital (TRIN) Non-Current Debt (2021 - 2026) Analysis & Trends
Trinity Capital has reported Non-Current Debt for 6 years, with the latest figure at $1.0 billion in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 78.55% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 78.55% increase from a year earlier, with the FY2025 full-year figure at $721.8 million, down 5.61% from the prior year.
- Non-Current Debt was $1.0 billion for Q2 2026 at Trinity Capital, up from $722.6 million in the prior quarter.
- The five-year high for Non-Current Debt was $1.0 billion in Q2 2026, with the low at $182.5 million in Q3 2022.
- Average Non-Current Debt over 5 years is $595.8 million, with a median of $669.3 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Non-Current Debt soared 405.48% in 2024, then fell 26.21% in 2025.
- Over 5 years, Non-Current Debt stood at $620.0 million in 2022, then gained by 4.11% to $645.5 million in 2023, then grew by 18.46% to $764.7 million in 2024, then declined by 5.61% to $721.8 million in 2025, then jumped by 40.96% to $1.0 billion in 2026.
- The last three Non-Current Debt figures came in at $1.0 billion (Q2 2026), $722.6 million (Q1 2026), and $721.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.08 Bn | 13.70 Bn | - | 15.77 Bn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 7.54 Bn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 7.90 Bn |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - | 2.53 Bn |
| 5 | Blue Owl Technology Finance | 4.98 Bn | 4.77 Bn | - | 7.16 Bn |
| 6 | Hercules Capital | 4.62 Bn | 4.57 Bn | - | 2.34 Bn |
| 7 | FS KKR Capital | 3.35 Bn | 3.24 Bn | - | 6.47 Bn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 4.54 Bn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -128.99 Mn | - | 318.31 Mn |
| 10 | Trinity Capital | 1.61 Bn | 1.59 Bn | - | 1.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 722.61 Mn |
| Dec 31, 2025 | 721.76 Mn |
| Sep 30, 2025 | 693.04 Mn |
| Jun 30, 2025 | 569.81 Mn |
| Mar 31, 2025 | 566.95 Mn |
| Dec 31, 2024 | 764.67 Mn |
| Sep 30, 2024 | 922.50 Mn |
| Jun 30, 2024 | 772.20 Mn |
| Mar 31, 2024 | 737.50 Mn |
| Dec 31, 2023 | 645.50 Mn |
| Sep 30, 2023 | 182.50 Mn |
| Jun 30, 2023 | 232.00 Mn |
| Mar 31, 2023 | 182.50 Mn |
| Dec 31, 2022 | 620.00 Mn |
| Sep 30, 2022 | 182.50 Mn |
| Dec 31, 2021 | 466.00 Mn |