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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and LIVE VENTURES Inc (LIVE). 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 $108.5M, roughly 1.1× LIVE VENTURES Inc). LIVE VENTURES Inc runs the higher net margin — -0.1% vs -46.8%, a 46.8% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs -2.7%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -4.3%).

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.

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

HASI vs LIVE — Head-to-Head

Bigger by revenue
HASI
HASI
1.1× larger
HASI
$114.8M
$108.5M
LIVE
Growing faster (revenue YoY)
HASI
HASI
+16.0% gap
HASI
13.3%
-2.7%
LIVE
Higher net margin
LIVE
LIVE
46.8% more per $
LIVE
-0.1%
-46.8%
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
-4.3%
LIVE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HASI
HASI
LIVE
LIVE
Revenue
$114.8M
$108.5M
Net Profit
$-53.8M
$-64.0K
Gross Margin
32.6%
Operating Margin
-57.4%
3.2%
Net Margin
-46.8%
-0.1%
Revenue YoY
13.3%
-2.7%
Net Profit YoY
-176.7%
-113.0%
EPS (diluted)
$-0.38
$-0.02

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
HASI
HASI
LIVE
LIVE
Q4 25
$114.8M
$108.5M
Q3 25
$103.1M
$113.9M
Q2 25
$85.7M
$112.5M
Q1 25
$96.9M
$107.0M
Q4 24
$101.3M
$111.5M
Q3 24
$82.0M
$112.7M
Q2 24
$94.5M
$123.9M
Q1 24
$105.8M
$118.6M
Net Profit
HASI
HASI
LIVE
LIVE
Q4 25
$-53.8M
$-64.0K
Q3 25
$83.3M
$997.0K
Q2 25
$98.4M
$5.4M
Q1 25
$56.6M
$15.9M
Q4 24
$70.1M
$492.0K
Q3 24
$-19.6M
$-19.9M
Q2 24
$26.5M
$-2.9M
Q1 24
$123.0M
$-3.3M
Gross Margin
HASI
HASI
LIVE
LIVE
Q4 25
32.6%
Q3 25
32.4%
Q2 25
34.0%
Q1 25
32.8%
Q4 24
31.7%
Q3 24
31.9%
Q2 24
29.9%
Q1 24
29.9%
Operating Margin
HASI
HASI
LIVE
LIVE
Q4 25
-57.4%
3.2%
Q3 25
3.3%
Q2 25
7.1%
Q1 25
84.7%
2.0%
Q4 24
90.9%
0.7%
Q3 24
-32.1%
-15.5%
Q2 24
39.5%
0.9%
Q1 24
-0.7%
Net Margin
HASI
HASI
LIVE
LIVE
Q4 25
-46.8%
-0.1%
Q3 25
80.8%
0.9%
Q2 25
114.9%
4.8%
Q1 25
58.4%
14.8%
Q4 24
69.2%
0.4%
Q3 24
-23.9%
-17.6%
Q2 24
28.1%
-2.3%
Q1 24
116.3%
-2.8%
EPS (diluted)
HASI
HASI
LIVE
LIVE
Q4 25
$-0.38
$-0.02
Q3 25
$0.61
$-1.52
Q2 25
$0.74
$1.24
Q1 25
$0.44
$5.05
Q4 24
$0.58
$0.16
Q3 24
$-0.17
$-6.31
Q2 24
$0.23
$-0.91
Q1 24
$0.98
$-1.04

Balance Sheet & Financial Strength

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

Metric
HASI
HASI
LIVE
LIVE
Cash + ST InvestmentsLiquidity on hand
$110.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$95.3M
Total Assets
$8.2B
$389.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
LIVE
LIVE
Q4 25
$110.2M
Q3 25
$301.8M
Q2 25
$86.5M
Q1 25
$67.4M
Q4 24
$129.8M
Q3 24
$44.1M
Q2 24
$145.7M
Q1 24
$61.4M
Stockholders' Equity
HASI
HASI
LIVE
LIVE
Q4 25
$2.7B
$95.3M
Q3 25
$2.7B
$95.3M
Q2 25
$2.6B
$94.3M
Q1 25
$2.5B
$88.9M
Q4 24
$2.4B
$73.3M
Q3 24
$2.3B
$72.9M
Q2 24
$2.3B
$92.7M
Q1 24
$2.3B
$95.9M
Total Assets
HASI
HASI
LIVE
LIVE
Q4 25
$8.2B
$389.2M
Q3 25
$8.2B
$386.4M
Q2 25
$7.6B
$387.5M
Q1 25
$7.5B
$393.6M
Q4 24
$7.1B
$395.5M
Q3 24
$6.7B
$407.5M
Q2 24
$6.7B
$436.8M
Q1 24
$6.7B
$433.9M

Cash Flow & Capital Efficiency

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

Metric
HASI
HASI
LIVE
LIVE
Operating Cash FlowLast quarter
$167.3M
$9.8M
Free Cash FlowOCF − Capex
$8.5M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$21.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
LIVE
LIVE
Q4 25
$167.3M
$9.8M
Q3 25
$-121.8M
$6.8M
Q2 25
$79.6M
$12.3M
Q1 25
$-37.1M
$231.0K
Q4 24
$5.9M
$9.4M
Q3 24
$21.9M
$6.7M
Q2 24
$-24.8M
$11.7M
Q1 24
$20.9M
$-5.7M
Free Cash Flow
HASI
HASI
LIVE
LIVE
Q4 25
$8.5M
Q3 25
$4.8M
Q2 25
$10.8M
Q1 25
$-2.3M
Q4 24
$7.6M
Q3 24
$3.3M
Q2 24
$10.1M
Q1 24
$-7.5M
FCF Margin
HASI
HASI
LIVE
LIVE
Q4 25
7.8%
Q3 25
4.2%
Q2 25
9.6%
Q1 25
-2.1%
Q4 24
6.8%
Q3 24
2.9%
Q2 24
8.2%
Q1 24
-6.3%
Capex Intensity
HASI
HASI
LIVE
LIVE
Q4 25
1.2%
Q3 25
1.7%
Q2 25
1.3%
Q1 25
2.3%
Q4 24
1.6%
Q3 24
3.1%
Q2 24
1.3%
Q1 24
1.4%
Cash Conversion
HASI
HASI
LIVE
LIVE
Q4 25
Q3 25
-1.46×
6.78×
Q2 25
0.81×
2.28×
Q1 25
-0.66×
0.01×
Q4 24
0.08×
19.11×
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
HASI

Segment breakdown not available.

LIVE
LIVE

Steel Manufacturing Segment$31.9M29%
Flooring Manufacturing Segment$28.9M27%
Retail Flooring Segment$25.3M23%
Retail Entertainment Segment$23.6M22%

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