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Side-by-side financial comparison of Grindr Inc. (GRND) and HA Sustainable Infrastructure Capital, Inc. (HASI). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $114.8M, roughly 1.1× HA Sustainable Infrastructure Capital, Inc.). Grindr Inc. runs the higher net margin — 16.1% vs -46.8%, a 62.9% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 13.3%). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 4.2%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
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.
GRND vs HASI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $114.8M |
| Net Profit | $20.3M | $-53.8M |
| Gross Margin | — | — |
| Operating Margin | 24.9% | -57.4% |
| Net Margin | 16.1% | -46.8% |
| Revenue YoY | 29.0% | 13.3% |
| Net Profit YoY | 116.4% | -176.7% |
| EPS (diluted) | $0.10 | $-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.
| Q4 25 | $126.0M | $114.8M | ||
| Q3 25 | $115.8M | $103.1M | ||
| Q2 25 | $104.2M | $85.7M | ||
| Q1 25 | $93.9M | $96.9M | ||
| Q4 24 | $97.6M | $101.3M | ||
| Q3 24 | $89.3M | $82.0M | ||
| Q2 24 | $82.3M | $94.5M | ||
| Q1 24 | $75.3M | $105.8M |
| Q4 25 | $20.3M | $-53.8M | ||
| Q3 25 | $30.8M | $83.3M | ||
| Q2 25 | $16.6M | $98.4M | ||
| Q1 25 | $27.0M | $56.6M | ||
| Q4 24 | $-123.9M | $70.1M | ||
| Q3 24 | $24.7M | $-19.6M | ||
| Q2 24 | $-22.4M | $26.5M | ||
| Q1 24 | $-9.4M | $123.0M |
| Q4 25 | 24.9% | -57.4% | ||
| Q3 25 | 39.1% | — | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | 27.0% | 84.7% | ||
| Q4 24 | 20.9% | 90.9% | ||
| Q3 24 | 31.8% | -32.1% | ||
| Q2 24 | 29.8% | 39.5% | ||
| Q1 24 | 25.6% | — |
| Q4 25 | 16.1% | -46.8% | ||
| Q3 25 | 26.6% | 80.8% | ||
| Q2 25 | 16.0% | 114.9% | ||
| Q1 25 | 28.8% | 58.4% | ||
| Q4 24 | -126.9% | 69.2% | ||
| Q3 24 | 27.6% | -23.9% | ||
| Q2 24 | -27.2% | 28.1% | ||
| Q1 24 | -12.5% | 116.3% |
| Q4 25 | $0.10 | $-0.38 | ||
| Q3 25 | $0.16 | $0.61 | ||
| Q2 25 | $0.08 | $0.74 | ||
| Q1 25 | $0.09 | $0.44 | ||
| Q4 24 | $-0.65 | $0.58 | ||
| Q3 24 | $0.09 | $-0.17 | ||
| Q2 24 | $-0.13 | $0.23 | ||
| Q1 24 | $-0.05 | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.0M | $110.2M |
| Total DebtLower is stronger | $395.9M | — |
| Stockholders' EquityBook value | $47.0M | $2.7B |
| Total Assets | $531.0M | $8.2B |
| Debt / EquityLower = less leverage | 8.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $110.2M | ||
| Q3 25 | $6.3M | $301.8M | ||
| Q2 25 | $120.8M | $86.5M | ||
| Q1 25 | $255.9M | $67.4M | ||
| Q4 24 | $59.2M | $129.8M | ||
| Q3 24 | $39.1M | $44.1M | ||
| Q2 24 | $16.3M | $145.7M | ||
| Q1 24 | $21.5M | $61.4M |
| Q4 25 | $395.9M | — | ||
| Q3 25 | $279.9M | — | ||
| Q2 25 | $283.5M | — | ||
| Q1 25 | $287.0M | — | ||
| Q4 24 | $290.6M | — | ||
| Q3 24 | $294.1M | — | ||
| Q2 24 | $297.7M | — | ||
| Q1 24 | $315.0M | — |
| Q4 25 | $47.0M | $2.7B | ||
| Q3 25 | $71.0M | $2.7B | ||
| Q2 25 | $187.7M | $2.6B | ||
| Q1 25 | $319.8M | $2.5B | ||
| Q4 24 | $-131.6M | $2.4B | ||
| Q3 24 | $-13.4M | $2.3B | ||
| Q2 24 | $-41.7M | $2.3B | ||
| Q1 24 | $-22.0M | $2.3B |
| Q4 25 | $531.0M | $8.2B | ||
| Q3 25 | $439.2M | $8.2B | ||
| Q2 25 | $547.6M | $7.6B | ||
| Q1 25 | $679.4M | $7.5B | ||
| Q4 24 | $479.1M | $7.1B | ||
| Q3 24 | $456.3M | $6.7B | ||
| Q2 24 | $435.0M | $6.7B | ||
| Q1 24 | $437.7M | $6.7B |
| Q4 25 | 8.42× | — | ||
| Q3 25 | 3.94× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $24.8M | $167.3M |
| Free Cash FlowOCF − Capex | $24.5M | — |
| FCF MarginFCF / Revenue | 19.5% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 1.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.8M | $167.3M | ||
| Q3 25 | $55.4M | $-121.8M | ||
| Q2 25 | $37.5M | $79.6M | ||
| Q1 25 | $23.8M | $-37.1M | ||
| Q4 24 | $29.5M | $5.9M | ||
| Q3 24 | $29.1M | $21.9M | ||
| Q2 24 | $15.8M | $-24.8M | ||
| Q1 24 | $20.4M | $20.9M |
| Q4 25 | $24.5M | — | ||
| Q3 25 | $55.2M | — | ||
| Q2 25 | $37.3M | — | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $29.3M | — | ||
| Q3 24 | $28.8M | — | ||
| Q2 24 | $15.7M | — | ||
| Q1 24 | $20.3M | — |
| Q4 25 | 19.5% | — | ||
| Q3 25 | 47.7% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 25.2% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 32.2% | — | ||
| Q2 24 | 19.0% | — | ||
| Q1 24 | 26.9% | — |
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.80× | -1.46× | ||
| Q2 25 | 2.25× | 0.81× | ||
| Q1 25 | 0.88× | -0.66× | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | — | -0.94× | ||
| Q1 24 | — | 0.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
HASI
Segment breakdown not available.
