Trinity Capital (TRINI) Operating Expenses (2021 - 2026)
Trinity Capital's quarterly Operating Expenses came in at $45.7 million in Q1 2026, up 39.47% year-on-year from $32.8 million in Q1 2025, and up 12.31% quarter-over-quarter from $40.7 million in Q4 2025.
Trinity Capital has reported Operating Expenses for 6 years, with the latest figure at $45.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 39.47% year-over-year to $45.7 million; the trailing twelve-month figure through Mar 2026 stood at $159.0 million (up 24.29% YoY), and the FY2025 full-year result was $147.0 million, up 22.85% from the prior year.
- Operating Expenses for Q1 2026 stood at $45.7 million, up from $40.7 million in the prior quarter.
- The five-year high for Operating Expenses was $45.7 million in Q1 2026, with the low at $15.6 million in Q1 2022.
- Average Operating Expenses over 5 years is $27.8 million, with a median of $24.7 million recorded in 2024.
- Year-over-year, Operating Expenses soared 81.89% in 2022 and rose 13.31% in 2025.
- Tracing TRINI's Operating Expenses over 5 years: stood at $19.5 million in 2022, then grew by 13.39% to $22.1 million in 2023, then surged by 62.75% to $35.9 million in 2024, then climbed by 13.31% to $40.7 million in 2025, then advanced by 12.31% to $45.7 million in 2026.
- The last three Operating Expenses figures came in at $45.7 million (Q1 2026), $40.7 million (Q4 2025), and $37.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Trinity Capital | - | - | - | 45.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.74 Mn |
| Dec 31, 2025 | 40.72 Mn |
| Sep 30, 2025 | 37.94 Mn |
| Jun 30, 2025 | 34.57 Mn |
| Mar 31, 2025 | 32.79 Mn |
| Dec 31, 2024 | 35.94 Mn |
| Sep 30, 2024 | 31.91 Mn |
| Jun 30, 2024 | 27.26 Mn |
| Mar 31, 2024 | 24.66 Mn |
| Dec 31, 2023 | 22.08 Mn |
| Sep 30, 2023 | 22.41 Mn |
| Jun 30, 2023 | 23.30 Mn |
| Mar 31, 2023 | 21.61 Mn |
| Dec 31, 2022 | 19.48 Mn |
| Sep 30, 2022 | 19.40 Mn |
| Jun 30, 2022 | 17.09 Mn |
| Mar 31, 2022 | 15.56 Mn |
| Dec 31, 2021 | 12.78 Mn |
| Sep 30, 2021 | 10.67 Mn |