The stress-induced martensitic phase transformation of shape memory alloys (SMAs) is the basis for elastocaloric cooling. Here we employ additive manufacturing to fabricate TiNi SMAs, and demonstrate compressive elastocaloric cooling in the TiNi rods with transformation latent heat as large as 20 J g⁻¹. Adiabatic compression on as-fabricated TiNi displays cooling DT as high as −7.5 °C with recoverable superelastic strain up to 5 %. Unlike conventional SMAs, additive manufactured TiNi SMAs exhibit linear superelasticity with narrow hysteresis in stress-strain curves under both adiabatic and isothermal conditions. Microstructurally, we find that there are Ti₂Ni precipitates typically one micron in size with a large aspect ratio enclosing the TiNi matrix. A stress transfer mechanism between reversible phase transformation in the TiNi matrix and mechanical deformation in Ti₂Ni precipitates is believed to be the origin of the unique superelasticity behavior.