Trinity Capital annual operating expenses
2020
2021
2022
2023
2024
2025
Trinity Capital Operating Expenses Growth & History (TRIN)
Trinity Capital's operating expenses was $147.0M for fiscal 2025.
View full Trinity Capital company overviewTrinity Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $147.0M | $27.8M | +23.34% |
| 2024 | 2024-12-31 | $119.2M | $29.8M | +33.31% |
| 2023 | 2023-12-31 | $89.4M | $17.9M | +24.98% |
| 2022 | 2022-12-31 | $71.5M | $28.6M | +66.71% |
| 2021 | 2021-12-31 | $42.9M | $11.3M | +35.81% |
| 2020 | 2020-12-31 | $31.6M | — | — |
Trinity Capital quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $40.5M | $6.5M | +19.04% |
| Q1 2026 | 2026-03-31 | $44.6M | $12.2M | +37.73% |
| Q4 2025 | 2025-12-31 | $42.6M | $7.1M | +20.11% |
| Q3 2025 | 2025-09-30 | $37.9M | $6.2M | +19.36% |
| Q2 2025 | 2025-06-30 | $34.1M | $6.8M | +24.94% |
| Q1 2025 | 2025-03-31 | $32.4M | $7.7M | +31.35% |
| Q4 2024 | 2024-12-31 | $35.5M | $13.4M | +60.61% |
| Q3 2024 | 2024-09-30 | $31.8M | $9.4M | +41.86% |
| Q2 2024 | 2024-06-30 | $27.3M | $4.0M | +17.02% |
| Q1 2024 | 2024-03-31 | $24.7M | $3.0M | +14.10% |
| Q4 2023 | 2023-12-31 | $22.1M | $2.6M | +13.39% |
| Q3 2023 | 2023-09-30 | $22.4M | $3.0M | +15.49% |
| Q2 2023 | 2023-06-30 | $23.3M | $6.2M | +36.33% |
| Q1 2023 | 2023-03-31 | $21.6M | $6.0M | +38.86% |
| Q4 2022 | 2022-12-31 | $19.5M | — | — |
| Q3 2022 | 2022-09-30 | $19.4M | $8.7M | +81.89% |
| Q2 2022 | 2022-06-30 | $17.1M | — | — |
| Q1 2022 | 2022-03-31 | $15.6M | — | — |
| Q3 2021 | 2021-09-30 | $10.7M | — | — |
Trinity Capital operating expenses trends
Over the last five fiscal years, Trinity Capital's operating expenses increased from $31.6M to $147.0M, a change of $115.4M. The latest reported quarter, Q2 2026, shows $40.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trinity Capital source filings ↗