TRIN - NASDAQ
Trinity Capital Inc.
$16.89
-2.3%Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.
At a Glance
Live SnapshotTrinity Capital Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Trinity Capital Inc. Cash Flow Statement
TRIN • NASDAQ
| Trinity Capital Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||
146.7M | 115.6M | 76.9M | -30.4M | 132.3M | -6.1M | -1.3M | |
-55.9M | -9.5M | 0.0 | 0.0 | -80.3M | 50K | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 79.2M | 0.0 | 0.0 | |
12M | 0.0 | 0.0 | 0.0 | 1.1M | 0.0 | 0.0 | |
-642.8M | -425M | -167.7M | 79.6M | -374.7M | -58.2M | 921.6K | |
4.4M | 1.9M | -5.5M | 5.7M | 731K | 6M | 336K | |
-535.5M | -316.9M | -96.3M | 54.9M | -241.7M | -58.2M | -384K | |
INVESTING ACTIVITIES | |||||||
-785K | (0.0) | -2.7M | -194K | -1.2M | -253K | (0.0) | |
(0.0) | (0.0) | (0.0) | (0.0) | (1.2M) | -2.2M | (0.0) | |
-1.5B | -1.2B | (0.0) | -627.2M | -555.7M | (0.0) | (0.0) | |
826.7M | 807.9M | 0.0 | 336.6M | 290.2M | 0.0 | 0.0 | |
650.3M | 410.6M | 0.0 | 0.0 | 265.6M | -89.5M | 0.0 | |
-785K | -420K | -2.7M | -290.9M | -1.2M | -92M | (0.0) | |
FINANCING ACTIVITIES | |||||||
290M | 196.5M | 146.5M | 111.1M | -138K | 125M | 0.0 | |
396.5M | 228.2M | 25.5M | 150.9M | 156M | 118.7M | 0.0 | |
-136.4M | -102.5M | -78.8M | -61.2M | -24.9M | -10.4M | (0.0) | |
(0.0) | -3.7M | -3.8M | -2M | -138K | (0.0) | (0.0) | |
-4.4M | 0.0 | 0.0 | -1M | 97.6M | -22M | 0.0 | |
545.8M | 322.2M | 93.2M | 199.8M | 228.5M | 211.3M | 0.0 | |
CASH FLOW SUMMARY | |||||||
9.5M | 4.9M | -5.9M | -36.1M | -14.4M | 61.1M | -384K | |
9.6M | 4.8M | 10.6M | 46.7M | 61.1M | 0.0 | 0.0 | |
19.1M | 9.6M | 4.8M | 10.6M | 46.7M | 61.1M | -384K | |
-535.5M | -317.3M | -99M | 54.7M | -242.9M | -58.5M | -384K |
SEC Filings
TRIN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 30, 2026 | June 10, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | February 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 13, 2026 | January 13, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.