vs

Side-by-side financial comparison of California Resources Corp (CRC) and HA Sustainable Infrastructure Capital, Inc. (HASI). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $114.8M, roughly 1.0× HA Sustainable Infrastructure Capital, Inc.). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs HASI — Head-to-Head

Bigger by revenue
CRC
CRC
1.0× larger
CRC
$119.0M
$114.8M
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
HASI
HASI
Revenue
$119.0M
$114.8M
Net Profit
$-53.8M
Gross Margin
Operating Margin
-597.5%
-57.4%
Net Margin
-46.8%
Revenue YoY
13.3%
Net Profit YoY
-176.7%
EPS (diluted)
$-8.02
$-0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRC
CRC
HASI
HASI
Q1 26
$119.0M
Q4 25
$679.0M
$114.8M
Q3 25
$715.0M
$103.1M
Q2 25
$702.0M
$85.7M
Q1 25
$814.0M
$96.9M
Q4 24
$826.0M
$101.3M
Q3 24
$870.0M
$82.0M
Q2 24
$412.0M
$94.5M
Net Profit
CRC
CRC
HASI
HASI
Q1 26
Q4 25
$12.0M
$-53.8M
Q3 25
$64.0M
$83.3M
Q2 25
$172.0M
$98.4M
Q1 25
$115.0M
$56.6M
Q4 24
$33.0M
$70.1M
Q3 24
$345.0M
$-19.6M
Q2 24
$8.0M
$26.5M
Operating Margin
CRC
CRC
HASI
HASI
Q1 26
-597.5%
Q4 25
6.9%
-57.4%
Q3 25
13.7%
Q2 25
38.0%
Q1 25
22.9%
84.7%
Q4 24
8.2%
90.9%
Q3 24
59.5%
-32.1%
Q2 24
9.2%
39.5%
Net Margin
CRC
CRC
HASI
HASI
Q1 26
Q4 25
1.8%
-46.8%
Q3 25
9.0%
80.8%
Q2 25
24.5%
114.9%
Q1 25
14.1%
58.4%
Q4 24
4.0%
69.2%
Q3 24
39.7%
-23.9%
Q2 24
1.9%
28.1%
EPS (diluted)
CRC
CRC
HASI
HASI
Q1 26
$-8.02
Q4 25
$0.21
$-0.38
Q3 25
$0.76
$0.61
Q2 25
$1.92
$0.74
Q1 25
$1.26
$0.44
Q4 24
$0.87
$0.58
Q3 24
$3.78
$-0.17
Q2 24
$0.11
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRC
CRC
HASI
HASI
Cash + ST InvestmentsLiquidity on hand
$110.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$2.7B
Total Assets
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
HASI
HASI
Q1 26
Q4 25
$132.0M
$110.2M
Q3 25
$196.0M
$301.8M
Q2 25
$72.0M
$86.5M
Q1 25
$214.0M
$67.4M
Q4 24
$372.0M
$129.8M
Q3 24
$241.0M
$44.1M
Q2 24
$1.0B
$145.7M
Total Debt
CRC
CRC
HASI
HASI
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
HASI
HASI
Q1 26
$2.9B
Q4 25
$3.7B
$2.7B
Q3 25
$3.4B
$2.7B
Q2 25
$3.4B
$2.6B
Q1 25
$3.5B
$2.5B
Q4 24
$3.5B
$2.4B
Q3 24
$3.5B
$2.3B
Q2 24
$2.1B
$2.3B
Total Assets
CRC
CRC
HASI
HASI
Q1 26
Q4 25
$7.4B
$8.2B
Q3 25
$6.8B
$8.2B
Q2 25
$6.7B
$7.6B
Q1 25
$6.8B
$7.5B
Q4 24
$7.1B
$7.1B
Q3 24
$7.1B
$6.7B
Q2 24
$4.5B
$6.7B
Debt / Equity
CRC
CRC
HASI
HASI
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRC
CRC
HASI
HASI
Operating Cash FlowLast quarter
$99.0M
$167.3M
Free Cash FlowOCF − Capex
$-32.0M
FCF MarginFCF / Revenue
-26.9%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
HASI
HASI
Q1 26
$99.0M
Q4 25
$235.0M
$167.3M
Q3 25
$279.0M
$-121.8M
Q2 25
$165.0M
$79.6M
Q1 25
$186.0M
$-37.1M
Q4 24
$206.0M
$5.9M
Q3 24
$220.0M
$21.9M
Q2 24
$97.0M
$-24.8M
Free Cash Flow
CRC
CRC
HASI
HASI
Q1 26
$-32.0M
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$109.0M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
CRC
CRC
HASI
HASI
Q1 26
-26.9%
Q4 25
16.9%
Q3 25
26.3%
Q2 25
15.5%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
CRC
CRC
HASI
HASI
Q1 26
Q4 25
17.7%
Q3 25
12.7%
Q2 25
8.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
CRC
CRC
HASI
HASI
Q1 26
Q4 25
19.58×
Q3 25
4.36×
-1.46×
Q2 25
0.96×
0.81×
Q1 25
1.62×
-0.66×
Q4 24
6.24×
0.08×
Q3 24
0.64×
Q2 24
12.13×
-0.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons