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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and Lovesac Co (LOVE). Click either name above to swap in a different company.
Lovesac Co is the larger business by last-quarter revenue ($150.2M vs $114.8M, roughly 1.3× HA Sustainable Infrastructure Capital, Inc.). Lovesac Co runs the higher net margin — -7.0% vs -46.8%, a 39.8% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 0.2%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -22.6%).
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.
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
HASI vs LOVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $150.2M |
| Net Profit | $-53.8M | $-10.6M |
| Gross Margin | — | 56.1% |
| Operating Margin | -57.4% | -10.5% |
| Net Margin | -46.8% | -7.0% |
| Revenue YoY | 13.3% | 0.2% |
| Net Profit YoY | -176.7% | -114.0% |
| EPS (diluted) | $-0.38 | $-0.72 |
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 | $150.2M | ||
| Q3 25 | $103.1M | $160.5M | ||
| Q2 25 | $85.7M | $138.4M | ||
| Q1 25 | $96.9M | $241.5M | ||
| Q4 24 | $101.3M | $149.9M | ||
| Q3 24 | $82.0M | $156.6M | ||
| Q2 24 | $94.5M | $132.6M | ||
| Q1 24 | $105.8M | $250.5M |
| Q4 25 | $-53.8M | $-10.6M | ||
| Q3 25 | $83.3M | $-6.7M | ||
| Q2 25 | $98.4M | $-10.8M | ||
| Q1 25 | $56.6M | $35.3M | ||
| Q4 24 | $70.1M | $-4.9M | ||
| Q3 24 | $-19.6M | $-5.9M | ||
| Q2 24 | $26.5M | $-13.0M | ||
| Q1 24 | $123.0M | $31.0M |
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | — | 53.7% | ||
| Q1 25 | — | 60.4% | ||
| Q4 24 | — | 58.5% | ||
| Q3 24 | — | 59.0% | ||
| Q2 24 | — | 54.3% | ||
| Q1 24 | — | 59.7% |
| Q4 25 | -57.4% | -10.5% | ||
| Q3 25 | — | -5.5% | ||
| Q2 25 | — | -10.8% | ||
| Q1 25 | 84.7% | 19.7% | ||
| Q4 24 | 90.9% | -5.2% | ||
| Q3 24 | -32.1% | -5.3% | ||
| Q2 24 | 39.5% | -13.5% | ||
| Q1 24 | — | 16.1% |
| Q4 25 | -46.8% | -7.0% | ||
| Q3 25 | 80.8% | -4.1% | ||
| Q2 25 | 114.9% | -7.8% | ||
| Q1 25 | 58.4% | 14.6% | ||
| Q4 24 | 69.2% | -3.3% | ||
| Q3 24 | -23.9% | -3.7% | ||
| Q2 24 | 28.1% | -9.8% | ||
| Q1 24 | 116.3% | 12.4% |
| Q4 25 | $-0.38 | $-0.72 | ||
| Q3 25 | $0.61 | $-0.45 | ||
| Q2 25 | $0.74 | $-0.73 | ||
| Q1 25 | $0.44 | $2.22 | ||
| Q4 24 | $0.58 | $-0.32 | ||
| Q3 24 | $-0.17 | $-0.38 | ||
| Q2 24 | $0.23 | $-0.83 | ||
| Q1 24 | $0.98 | $1.91 |
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 | $23.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $189.3M |
| Total Assets | $8.2B | $495.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | $23.7M | ||
| Q3 25 | $301.8M | $34.2M | ||
| Q2 25 | $86.5M | $26.9M | ||
| Q1 25 | $67.4M | $83.7M | ||
| Q4 24 | $129.8M | $61.7M | ||
| Q3 24 | $44.1M | $72.1M | ||
| Q2 24 | $145.7M | $72.4M | ||
| Q1 24 | $61.4M | $87.0M |
| Q4 25 | $2.7B | $189.3M | ||
| Q3 25 | $2.7B | $197.5M | ||
| Q2 25 | $2.6B | $201.2M | ||
| Q1 25 | $2.5B | $216.4M | ||
| Q4 24 | $2.4B | $196.5M | ||
| Q3 24 | $2.3B | $202.1M | ||
| Q2 24 | $2.3B | $205.3M | ||
| Q1 24 | $2.3B | $217.5M |
| Q4 25 | $8.2B | $495.5M | ||
| Q3 25 | $8.2B | $493.7M | ||
| Q2 25 | $7.6B | $483.7M | ||
| Q1 25 | $7.5B | $532.3M | ||
| Q4 24 | $7.1B | $499.7M | ||
| Q3 24 | $6.7B | $481.1M | ||
| Q2 24 | $6.7B | $477.2M | ||
| Q1 24 | $6.7B | $482.2M |
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 | $-4.9M |
| Free Cash FlowOCF − Capex | — | $-10.2M |
| FCF MarginFCF / Revenue | — | -6.8% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | $-4.9M | ||
| Q3 25 | $-121.8M | $12.2M | ||
| Q2 25 | $79.6M | $-41.4M | ||
| Q1 25 | $-37.1M | $44.0M | ||
| Q4 24 | $5.9M | $-4.2M | ||
| Q3 24 | $21.9M | $6.2M | ||
| Q2 24 | $-24.8M | $-7.0M | ||
| Q1 24 | $20.9M | $56.3M |
| Q4 25 | — | $-10.2M | ||
| Q3 25 | — | $7.8M | ||
| Q2 25 | — | $-50.0M | ||
| Q1 25 | — | $38.7M | ||
| Q4 24 | — | $-6.6M | ||
| Q3 24 | — | $119.0K | ||
| Q2 24 | — | $-14.3M | ||
| Q1 24 | — | $49.5M |
| Q4 25 | — | -6.8% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | — | -36.1% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | -10.8% | ||
| Q1 24 | — | 19.8% |
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | 2.7% |
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | -0.66× | 1.25× | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.94× | — | ||
| Q1 24 | 0.17× | 1.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HASI
Segment breakdown not available.
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
