TRIN

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EX-99.1

Exhibit 99.1

Trinity Capital Reports Second Quarter 2026 Financial Results

Return on Average Equity reaches 15.2% in Q2

Quarterly Net Investment Income climbs to a record $46.0 million, or $0.51 per share

Q2 2026 Total Investment Income grows 25.5% year-over-year

PHOENIX, August 5, 2026 – Trinity Capital Inc. (NYSE: TRIN) (“the Company”), a leading international alternative asset manager, today announced its financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Highlights

• Total investment income of $87.2 million, an increase of 25.5% year-over-year.

• Net investment income (“NII”) of $46.0 million, or $0.51 per basic share. NII grew 32.1% year-over-year.

• Net increase in net assets resulting from operations of $44.4 million, or $0.49 per basic share.

• 15.2% Return on Average Equity “ROAE” (NII/Average Equity).

• 6.9% Return on Average Assets “ROAA” (NII/Average Assets).

• Net Asset Value (“NAV”) of $1.3 billion, or $13.47 per share at the end of Q2.

• Total gross investment commitments of $709.0 million.

• Total gross investments funded of $618.7 million, which was comprised of $296.3 million to 11 new portfolio companies, $301.0 million to 25 existing portfolio companies and $21.4 million to multi-sector holdings.

• Total gross investment exits and repayments of $378.3 million, which was comprised of $220.2 million from early debt repayments and refinancings, $58.3 million from scheduled/amortizing debt payments, $93.0 million from investments sold and $6.8 million from warrant and equity sales.

• The Company announced $0.17 monthly distributions for each of July, August and September 2026, totaling $0.51 for the third quarter and marking the 27th consecutive quarter of a consistent regular dividend.

“Our Q2 results reflect years of investment in building a platform that can perform across cycles -- directly originated, diversified across five verticals, a growing managed funds platform, and backed by an internally managed team that has a real stake in the outcome,” Trinity Capital CEO Kyle Brown said. “That is not a new story for Trinity Capital, but this quarter gave us another opportunity to demonstrate it.”

“In a quarter where many parts of the market faced real pressure, Trinity's structure and disciplined underwriting produced results we are genuinely proud of. We funded $619 million and originated $709 million in new commitments — not by chasing yield, but by focusing on what we have always done: sourcing our own deals, setting our own terms, and staying selective. Against a backdrop that tested credit quality and origination discipline across the sector, we delivered strong results because our interests are aligned with our shareholders.”

Second Quarter 2026 Operating Results

For the three months ended June 30, 2026, total investment income was $87.2 million, compared to $69.5 million for the three months ended June 30, 2025. The effective yield on the average debt investments at cost was 15.0% for the second quarter of 2026, compared to 15.7% for the second quarter of 2025. Effective yields generally include the effects of fees and income accelerations attributed to early loan repayments and other one-time events, and may also fluctuate quarter-to-quarter depending on the amount of prepayment activity.

Total operating expenses and excise taxes, excluding interest expense, for the second quarter of 2026 were $16.4 million, compared to $16.6 million during the second quarter of 2025. The decrease was primarily attributable to lower professional fees and higher allocated expenses to the Company’s registered investment adviser subsidiary partially offset by an increase in general and administrative expenses.

Interest expense for the second quarter of 2026 was $24.8 million, compared to $18.0 million during the second quarter of 2025. The increase was primarily attributable to the increase in weighted average debt outstanding.

Net investment income was approximately $46.0 million, or $0.51 per share based on 90.5 million basic weighted average shares outstanding for the second quarter of 2026, compared to $34.8 million or $0.53 per share for the second quarter of 2025 based on 65.9 million basic weighted average shares outstanding.

During the three months ended June 30, 2026, the Company’s net unrealized depreciation totaled approximately $0.8 million, which included net unrealized depreciation of $10.6 million from its debt investments, appreciation of $8.5 million from its warrant investments, and appreciation of $1.0 million from its equity investments. Additionally, there was $0.3 million net unrealized appreciation attributable to foreign currency forward contracts.

Net realized loss on investments was approximately $0.8 million, primarily due to the expiration of one warrant position.

Net increase in net assets resulting from operations was $44.4 million, or $0.49 per share, based on 90.5 million

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EX-99.1

Exhibit 99.1

Trinity Capital Reports First Quarter 2026 Financial Results

Return on Average Equity hits 15.8% in Q1

Record Quarterly Net Investment Income of $44.5 million, or $0.53 per share

Q1 2026 Total Investment Income grows 37.8% year-over-year

PHOENIX, May 6, 2026 – Trinity Capital Inc. (Nasdaq: TRIN) (“the Company”), a leading alternative asset manager, today announced its financial results for the first quarter ended March 31, 2026.

First Quarter 2026 Highlights

• Total investment income of $90.1 million, an increase of 37.8% year-over-year.

• Net investment income (“NII”) of $44.5 million, or $0.53 per basic share. NII grew 37.4% year-over-year.

• Net increase in net assets resulting from operations of $29.8 million, or $0.36 per basic share.

• 15.8% Return on Average Equity “ROAE” (NII/Average Equity).

• 7.0% Return on Average Assets “ROAA” (NII/Average Assets).

• Net Asset Value (“NAV”) of $1.2 billion, or $13.27 per share at the end of Q1.

• Total gross investment commitments of $395.2 million.

• Total gross investments funded of $306.3 million, which was comprised of $175.8 million to 10 new portfolio companies, $129.5 million to 20 existing portfolio companies and $1.0 million to multi-sector holdings.

• Total investment exits and repayments of $238.3 million, which was comprised of $108.8 million from early debt repayments and refinancings, $69.2 million from scheduled/amortizing debt payments, $51.4 million from investments sold to multi-sector holdings and $8.9 million from warrant and equity sales.

• The Company announced $0.17 monthly distributions for each of April, May and June 2026, totaling $0.51 for the second quarter and marking the 26th consecutive quarter of a consistent regular dividend.

“Trinity Capital delivered a strong first quarter, increasing earnings per share while maintaining consistent credit quality and continued diversification across our portfolio," said Kyle Brown, CEO of Trinity Capital. "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.”

First Quarter 2026 Operating Results

For the three months ended March 31, 2026, total investment income was $90.1 million, compared to $65.4 million for the three months ended March 31, 2025. The effective yield on the average debt investments at cost was 15.8% for the first quarter of 2026, compared to 15.3% for the first quarter of 2025. Effective yields generally include the effects of fees and income accelerations attributed to early loan repayments and other one-time events, and may also fluctuate quarter-to-quarter depending on the amount of prepayment activity.

Total operating expenses and excise taxes, excluding interest expense, for the first quarter of 2026 were $21.5 million, compared to $15.3 million during the first quarter of 2025. The increase was primarily attributable to higher compensation, an increase in estimated excise tax, and higher G&A expenses offset by higher expenses allocated to the Company’s registered investment adviser subsidiary.

Interest expense for the first quarter of 2026 was $24.1 million, compared to $17.7 million during the first quarter of 2025. The increase was primarily attributable to the increase in weighted average debt outstanding.

Net investment income was approximately $44.5 million, or $0.53 per share based on 83.6 million basic weighted average shares outstanding for the first quarter of 2026, compared to $32.4 million or $0.52 per share for the first quarter of 2025 based on 62.6 million basic weighted average shares outstanding.

During the three months ended March 31, 2026, the Company’s net unrealized depreciation totaled approximately $4.7 million, which included net unrealized depreciation of $5.3 million from its debt investments, depreciation of $6.1 million from its warrant investments, and appreciation of $5.4 million from its equity investments. This was partially offset by $1.3 million net unrealized appreciation attributable to foreign currency forward contracts.

Net realized loss on investments was approximately $9.9 million, primarily due to the conversion of two debt positions, partially offset by the repayment of one equity position.

Net increase in net assets resulting from operations was $29.8 million, or $0.36 per share, based on 83.6 million basic weighted average shares outstanding. This compares to a net increase in net assets resulting from operations of $27.1 million, or $0.43 per share, based on 62.6 million basic weighted average shares outstanding for the first quarter of 2025.

Net Asset Value

Total net assets at the end of the first quarter of 2026 increased by 6.6% to $1.2 billion, compared to $1.1 billion at the end of the fourth quarte

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EX-99.1

Exhibit 99.1

Trinity Capital Reports Fourth Quarter and Full Year 2025 Financial Results

Return on Average Equity hits 15.3% in Q4

Record Quarterly Net Investment Income of $39.9 million, or $0.52 per share

Record Annual Net Investment Income of $144.1 million, or $2.08 per share

2025 Total Investment Income grows 23.5% year-over-year

PHOENIX, February 25, 2026 – Trinity Capital Inc. (Nasdaq: TRIN) (“the Company”), a leading alternative asset manager, today announced its financial results for the fourth quarter and full year ended December 31, 2025.

Fourth Quarter 2025 Highlights

• Total investment income of $83.2 million, an increase of 17.5% year-over-year.

• Net investment income (“NII”) of $39.9 million, or $0.52 per basic share. NII grew 15.4% year-over-year.

• Net increase in net assets resulting from operations of $39.5 million, or $0.51 per basic share.

• 15.3% Return on Average Equity “ROAE” (NII/Average Equity).

• 6.7% Return on Average Assets “ROAA” (NII/Average Assets).

• Net Asset Value (“NAV”) of $1.1 billion, or $13.42 per share at the end of Q4 and NAV increased 32.9% year-over-year.

• Total gross investment commitments of $543.1 million.

• Total gross investments funded of $434.8 million, which was comprised of $170.7 million to 5 new portfolio companies, $264.0 million to 25 existing portfolio companies and $0.1 million to multi-sector holdings.

• Total investment exits and repayments of $218.8 million, which was comprised of $47.2 million from investments sold to multi-sector holdings, $64.4 million from scheduled/amortizing debt payments, $96.3 million from early debt repayments and refinancings and $10.9 million from warrant and equity sales.

• Sixth year of a consistent or increased regular dividend, with a fourth quarter distribution of $0.51 per share. Also, the Company announced a transition to monthly distributions, which started in January 2026 and total $0.51 in the first quarter.

Full Year 2025 Highlights

• Total investment income of $293.7 million, an increase of 23.5% year-over-year.

• Net investment income of $144.1 million, or $2.08 per share.

• Total gross investments funded of $1.5 billion, an increase of 21.3% year-over-year.

• Net investment portfolio growth at cost of $636.7 million, an increase of 36.2% year-over-year.

• Total platform assets under management of $2.8 billion, an increase of 38.2% year-over-year.

• Undistributed earnings spillover of $68.7 million, or $0.84 per share outstanding, based on total shares outstanding as of December 31, 2025.

“Trinity Capital had a milestone year in 2025, including record originations, earnings growth, and continued diversification across our five lending verticals," CEO Kyle Brown said. "These results directly reflect the consistency of our disciplined underwriting approach and the scalability of our platform as a whole."

Added Brown: "Our internally managed structure remains a key differentiator. By aligning management and shareholder interests within a single platform, and pairing our publicly traded BDC with a growing managed funds business, we're building a robust and flexible capitalization model designed to support long-term growth and deliver stable, consistent returns for shareholders. With more than six years of consistent dividends and continued momentum across our portfolio, we remain focused on disciplined execution and delivering long-term value for our investors, partners, and shareholders.”

Fourth Quarter 2025 Operating Results

For the three months ended December 31, 2025, total investment income was $83.2 million, compared to $70.8 million for the three months ended December 31, 2024. The effective yield on the average debt investments at cost was 15.2% for the fourth quarter of 2025, compared to 16.4% for the fourth quarter of 2024. Effective yields generally include the effects of fees and income accelerations attributed to early loan repayments and other one-time events, and may also fluctuate quarter-to-quarter depending on the amount of prepayment activity.

Total operating expenses and excise taxes, excluding interest expense, for the fourth quarter of 2025 were $19.4 million, compared to $17.2 million during the fourth quarter of 2024. The increase was primarily attributable to higher compensation associated with additional headcount, an increase in professional fees, and higher G&A expenses offset by expenses allocated to the Company’s registered investment adviser subsidiary.

Interest expense for the fourth quarter of 2025 was $23.9 million, compared to $19.1 million during the fourth quarter of 2024. The increase was primarily attributable to the increase in weighted average debt outstanding.

Net investment income was approximately $39.9 million, or $0.52 per share based on 77.0 million basic weighted average shares outstanding for the fourth quarter of 2025, compared to $34.6 million or $0.58 per share for the fourth quarter