Trinity Capital (TRIN) Total Debt (2021 - 2026)
Trinity Capital (TRIN) posted Total Debt of $1.4 billion for Q2 2026, up 44.69% on a QoQ basis from $985.1 million in Q1 2026, and up 107.53% year-over-year from $686.8 million in Q2 2025.
Analysis
Trinity Capital (TRIN) Total Debt (2021 - 2026) Analysis & Trends
Trinity Capital has reported Total Debt for 6 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Total Debt rose 107.53% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 107.53% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 17.08% from the prior year.
- Total Debt was $1.4 billion for Q2 2026 at Trinity Capital, up from $985.1 million in the prior quarter.
- The five-year high for Total Debt was $1.4 billion in Q2 2026, with the low at $349.0 million in Q1 2023.
- Average Total Debt over 5 years is $816.4 million, with a median of $825.0 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Total Debt soared 164.16% in 2024, then fell 21.1% in 2025.
- Over 5 years, Total Debt stood at $782.5 million in 2022, then changed by 0.0% to $782.5 million in 2023, then soared by 59.96% to $1.3 billion in 2024, then fell by 17.08% to $1.0 billion in 2025, then jumped by 37.33% to $1.4 billion in 2026.
- The last three Total Debt figures came in at $1.4 billion (Q2 2026), $985.1 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.09 Bn | 13.71 Bn | - | 15.77 Bn |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 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 | 4.96 Bn | 4.75 Bn | - | 7.16 Bn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 2.34 Bn |
| 7 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | 6.47 Bn |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | 4.54 Bn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 636.61 Mn |
| 10 | Trinity Capital | 1.62 Bn | 1.60 Bn | - | 1.43 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Bn |
| Mar 31, 2026 | 985.11 Mn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 901.44 Mn |
| Jun 30, 2025 | 686.81 Mn |
| Mar 31, 2025 | 774.95 Mn |
| Dec 31, 2024 | 1.25 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 867.50 Mn |
| Mar 31, 2024 | 897.50 Mn |
| Dec 31, 2023 | 782.50 Mn |
| Sep 30, 2023 | 432.50 Mn |
| Jun 30, 2023 | 350.00 Mn |
| Mar 31, 2023 | 349.00 Mn |
| Dec 31, 2022 | 782.50 Mn |
| Sep 30, 2022 | 395.00 Mn |
| Dec 31, 2021 | 504.10 Mn |