Trinity Capital Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 25, 2026
TRIN$17.98+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| PAGE NO. | ||
|---|---|---|
| Cautionary Note Regarding Forward-Looking Statements | 4 | |
| PART I | 6 | |
| Item 1 | Business | 6 |
| Item 1A | Risk Factors | 22 |
| Item 1B | Unresolved Staff Comments | 67 |
| Item 1C | Cybersecurity | 67 |
| Item 2 | Properties | 67 |
| Item 3 | Legal Proceedings | 68 |
| Item 4 | Mine Safety Disclosures | 68 |
| PART II | OTHER INFORMATION | 69 |
| Item 5 | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 69 |
| Item 6 | [Reserved] | 71 |
| Item 7 | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 72 |
| Item 7A | Quantitative and Qualitative Disclosures About Market Risk | 88 |
| Item 8 | Financial Statements and Supplementary Data | 89 |
| Note 1 | Organization and Basis of Presentation | 160 |
| Note 2 | Summary of Significant Accounting Policies | 162 |
| Note 3 | Investments | 168 |
| Note 4 | Fair Value of Financial Instruments | 172 |
| Note 5 | Borrowings | 179 |
| Note 6 | Commitments and Contingencies | 190 |
| Note 7 | Stockholder’s Equity | 191 |
| Note 8 | Equity Incentive Plans | 195 |
| Note 9 | Earnings Per Share | 197 |
| Note 10 | Income Taxes | 198 |
| Note 11 | Financial Highlights | 200 |
| Note 12 | Related Party Transactions | 203 |
| Note 13 | Segment Reporting | 206 |
| Note 14 | Recent Accounting Pronouncements | 206 |
| Note 15 | Subsequent Events | 206 |
| Item 9 | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 207 |
| Item 9A | Controls and Procedures | 207 |
| Item 9B | Other Information | 208 |
| Item 9C | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 209 |
| PART III | 210 | |
| Item 10 | Directors, Executive Officers and Corporate Governance | 210 |
| Item 11 | Executive Compensation | 210 |
| Item 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 210 |
| Item 13 | Certain Relationships and Related Transactions, and Director Independence | 210 |
| Item 14 | Principal Accountant Fees and Services | 210 |
| PART IV | 211 | |
| Item 15 | Exhibits and Financial Statement Schedules | 211 |
| SIGNATURES | 215 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.