Stock Market Live July 2, 2026: S&P 500 (SPY) Flat with New Jobs Data
Q1 26 EPS
$0.53
BEAT +3.03%
Est. $0.51
Q1 26 Revenue
$90.1M
BEAT +5.71%
Est. $85.3M
vs S&P Since Q1 26
-31.3%
TRAILING MARKET
TRIN -29.8% vs S&P +1.6%
Market Reaction
Did TRIN Beat Earnings? Q1 2026 Results
Trinity Capital Inc. Posted a solid first quarter of 2026, reporting earnings per share of $0.53 on total investment income of $90.13 million, with both figures reflecting robust 37% year-over-year growth driven primarily by portfolio expansion and a… Read more Trinity Capital Inc. Posted a solid first quarter of 2026, reporting earnings per share of $0.53 on total investment income of $90.13 million, with both figures reflecting robust 37% year-over-year growth driven primarily by portfolio expansion and a widening effective yield on average debt investments, which climbed to 15.8% from 15.3% a year ago. Net investment income reached $44.49 million, comfortably covering the company's regular dividend at 103.9% of NII per share, with $68.50 million in undistributed income providing additional buffer. The investment portfolio grew to $2.48 billion at fair value across 180 companies, supported by $306.30 million in gross fundings and $395.20 million in new commitments during the quarter. NAV per share edged down to $13.27 from $13.42 at year-end, though total net assets expanded 6.6% to $1.17 billion, bolstered by accretive ATM issuances that raised $78.40 million in net proceeds, with the company raising an additional $29.80 million through early May.
Key Takeaways
- • Total investment income grew 37.8% YoY driven by portfolio expansion and higher effective yield (15.8% vs 15.3%)
- • Net investment income grew 37.4% YoY to $44.5 million
- • 82.5% floating rate debt portfolio provides interest rate sensitivity upside
- • Accretive ATM share issuances raised $78.4 million in net proceeds during Q1
- • Fee and other income increased to $6.8 million from $2.7 million YoY
- • Managed funds platform expansion creating new sources of recurring income
TRIN YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
TRIN Revenue by Segment
With YoY comparisons, source: SEC Filings
“Trinity Capital delivered a strong first quarter, increasing earnings per share while maintaining consistent credit quality and continued diversification across our portfolio. The strategic expansion of our managed funds platform is growing our ability to serve investors at scale while creating new sources of recurring income. We remain focused and confident in the durability of our earnings and our ability to consistently provide long-term benefits for our shareholders.”
— Kyle Brown, Q1 2026 Earnings Press Release
TRIN Earnings Trends
TRIN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TRIN EPS Trend
Earnings per share: estimate vs actual
TRIN Revenue Trend
Quarterly revenue: estimate vs actual
TRIN Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.51 | $0.53 | +3.03% | $90.1M | +5.71% |
| Q4 25 BEAT FY | $0.52 | $0.52 | +0.41% | $83.2M | +4.03% |
| FY Full Year | $2.08 | $2.08 | -0.05% | $293.7M | +1.05% |
| Q3 25 MISS | $0.53 | $0.52 | -1.16% | $75.6M | +2.11% |
| Q2 25 BEAT | $0.52 | $0.53 | +2.16% | $69.5M | +0.93% |
| Q1 25 MISS | $0.52 | $0.52 | -0.55% | $65.4M | -3.70% |