HA Sustainable Infrastructure Capital, Inc.HASIEarnings & Financial Report
HA Sustainable Infrastructure Capital, Inc. (HASI) is a specialized investment firm focused on sustainable infrastructure assets covering renewable energy, energy efficiency, sustainable real estate and low-carbon utility segments. It primarily operates in North American markets, providing long-term capital to eligible sustainable projects and delivering stable risk-adjusted returns to investors through recurring cash flows from operational underlying assets.
HASI Q4 FY2025 Key Financial Metrics
Revenue
$114.8M
Gross Profit
N/A
Operating Profit
$-66.0M
Net Profit
$-53.8M
Gross Margin
N/A
Operating Margin
-57.4%
Net Margin
-46.8%
YoY Growth
13.3%
EPS
$-0.38
HA Sustainable Infrastructure Capital, Inc. Q4 FY2025 Financial Summary
HA Sustainable Infrastructure Capital, Inc. reported revenue of $114.8M (up 13.3% YoY) for Q4 FY2025, with a net profit of $-53.8M (down 176.7% YoY) (-46.8% margin).
Key Financial Metrics
| Total Revenue | $114.8M |
|---|---|
| Net Profit | $-53.8M |
| Gross Margin | N/A |
| Operating Margin | -57.4% |
| Report Period | Q4 FY2025 |
HA Sustainable Infrastructure Capital, Inc. Annual Revenue by Year
HA Sustainable Infrastructure Capital, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $400.5M).
HA Sustainable Infrastructure Capital, Inc. Quarterly Revenue & Net Profit History
HA Sustainable Infrastructure Capital, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $114.8M | +13.3% | $-53.8M | -46.8% |
| Q3 FY2025 | $103.1M | +25.7% | $83.3M | 80.8% |
| Q2 FY2025 | $85.7M | -9.3% | $98.4M | 114.9% |
| Q1 FY2025 | $96.9M | -8.4% | $56.6M | 58.4% |
| Q4 FY2024 | $101.3M | +17.0% | $70.1M | 69.2% |
| Q3 FY2024 | $82.0M | -8.8% | $-19.6M | -23.9% |
| Q2 FY2024 | $94.5M | +27.2% | $26.5M | 28.1% |
| Q1 FY2024 | $105.8M | +53.1% | $123.0M | 116.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $105.8M | $94.5M | $82.0M | $101.3M | $96.9M | $85.7M | $103.1M | $114.8M |
| YoY Growth | 53.1% | 27.2% | -8.8% | 17.0% | -8.4% | -9.3% | 25.7% | 13.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.73B | $6.66B | $6.67B | $7.08B | $7.48B | $7.60B | $8.20B | $8.19B |
| Liabilities | $4.45B | $4.34B | $4.35B | $4.68B | $5.01B | $5.01B | $5.52B | $5.53B |
| Equity | $2.27B | $2.32B | $2.32B | $2.41B | $2.47B | $2.59B | $2.69B | $2.66B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $20.9M | $-24.8M | $21.9M | $5.9M | $-37.1M | $79.6M | $-121.8M | $167.3M |