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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and LifeMD, Inc. (LFMD). Click either name above to swap in a different company.
HA Sustainable Infrastructure Capital, Inc. is the larger business by last-quarter revenue ($114.8M vs $60.2M, roughly 1.9× LifeMD, Inc.). LifeMD, Inc. runs the higher net margin — -6.3% vs -46.8%, a 40.5% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 13.0%). Over the past eight quarters, LifeMD, Inc.'s revenue compounded faster (24.8% CAGR vs 4.2%).
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.
SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.
HASI vs LFMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $60.2M |
| Net Profit | $-53.8M | $-3.8M |
| Gross Margin | — | 87.7% |
| Operating Margin | -57.4% | -3.3% |
| Net Margin | -46.8% | -6.3% |
| Revenue YoY | 13.3% | 13.0% |
| Net Profit YoY | -176.7% | 18.3% |
| EPS (diluted) | $-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 | $114.8M | — | ||
| Q3 25 | $103.1M | $60.2M | ||
| Q2 25 | $85.7M | $62.7M | ||
| Q1 25 | $96.9M | $64.1M | ||
| Q4 24 | $101.3M | — | ||
| Q3 24 | $82.0M | $53.3M | ||
| Q2 24 | $94.5M | $50.7M | ||
| Q1 24 | $105.8M | $44.1M |
| Q4 25 | $-53.8M | — | ||
| Q3 25 | $83.3M | $-3.8M | ||
| Q2 25 | $98.4M | $-1.6M | ||
| Q1 25 | $56.6M | $-183.8K | ||
| Q4 24 | $70.1M | — | ||
| Q3 24 | $-19.6M | $-4.7M | ||
| Q2 24 | $26.5M | $-6.9M | ||
| Q1 24 | $123.0M | $-6.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | 87.7% | ||
| Q2 25 | — | 88.1% | ||
| Q1 25 | — | 86.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 90.6% | ||
| Q2 24 | — | 90.1% | ||
| Q1 24 | — | 89.6% |
| Q4 25 | -57.4% | — | ||
| Q3 25 | — | -3.3% | ||
| Q2 25 | — | -0.7% | ||
| Q1 25 | 84.7% | 1.5% | ||
| Q4 24 | 90.9% | — | ||
| Q3 24 | -32.1% | -7.5% | ||
| Q2 24 | 39.5% | -12.4% | ||
| Q1 24 | — | -14.0% |
| Q4 25 | -46.8% | — | ||
| Q3 25 | 80.8% | -6.3% | ||
| Q2 25 | 114.9% | -2.6% | ||
| Q1 25 | 58.4% | -0.3% | ||
| Q4 24 | 69.2% | — | ||
| Q3 24 | -23.9% | -8.7% | ||
| Q2 24 | 28.1% | -13.6% | ||
| Q1 24 | 116.3% | -15.3% |
| Q4 25 | $-0.38 | — | ||
| Q3 25 | $0.61 | — | ||
| Q2 25 | $0.74 | $-0.05 | ||
| Q1 25 | $0.44 | $-0.02 | ||
| Q4 24 | $0.58 | — | ||
| Q3 24 | $-0.17 | $-0.13 | ||
| Q2 24 | $0.23 | — | ||
| Q1 24 | $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 | $110.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $1.3M |
| Total Assets | $8.2B | $66.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | — | ||
| Q3 25 | $301.8M | — | ||
| Q2 25 | $86.5M | $36.2M | ||
| Q1 25 | $67.4M | $34.4M | ||
| Q4 24 | $129.8M | — | ||
| Q3 24 | $44.1M | $37.6M | ||
| Q2 24 | $145.7M | $35.7M | ||
| Q1 24 | $61.4M | $35.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $15.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | $1.3M | ||
| Q2 25 | $2.6B | $-1.8M | ||
| Q1 25 | $2.5B | $-2.3M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.3B | $-7.7M | ||
| Q2 24 | $2.3B | $-4.2M | ||
| Q1 24 | $2.3B | $-845.3K |
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.2B | $66.0M | ||
| Q2 25 | $7.6B | $73.6M | ||
| Q1 25 | $7.5B | $73.6M | ||
| Q4 24 | $7.1B | — | ||
| Q3 24 | $6.7B | $72.6M | ||
| Q2 24 | $6.7B | $63.8M | ||
| Q1 24 | $6.7B | $61.5M |
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 | $167.3M | $-147.1K |
| Free Cash FlowOCF − Capex | — | $-944.4K |
| FCF MarginFCF / Revenue | — | -1.6% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $16.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | — | ||
| Q3 25 | $-121.8M | $-147.1K | ||
| Q2 25 | $79.6M | $8.6M | ||
| Q1 25 | $-37.1M | $3.1M | ||
| Q4 24 | $5.9M | — | ||
| Q3 24 | $21.9M | $6.7M | ||
| Q2 24 | $-24.8M | $4.5M | ||
| Q1 24 | $20.9M | $5.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-944.4K | ||
| Q2 25 | — | $7.8M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $6.3M | ||
| Q2 24 | — | $3.9M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.6% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 11.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | -0.66× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| 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
HASI
Segment breakdown not available.
LFMD
| Telehealth Subscription Revenue | $27.3M | 45% |
| Telehealth | $20.0M | 33% |
| Work Simpli Revenue | $12.9M | 21% |
| Product And Services | $2.5M | 4% |
