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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and OLAPLEX HOLDINGS, INC. (OLPX). 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 $105.1M, roughly 1.1× OLAPLEX HOLDINGS, INC.). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -46.8%, a 34.4% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 4.3%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs 3.1%).

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.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

HASI vs OLPX — Head-to-Head

Bigger by revenue
HASI
HASI
1.1× larger
HASI
$114.8M
$105.1M
OLPX
Growing faster (revenue YoY)
HASI
HASI
+9.0% gap
HASI
13.3%
4.3%
OLPX
Higher net margin
OLPX
OLPX
34.4% more per $
OLPX
-12.5%
-46.8%
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
3.1%
OLPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HASI
HASI
OLPX
OLPX
Revenue
$114.8M
$105.1M
Net Profit
$-53.8M
$-13.1M
Gross Margin
68.0%
Operating Margin
-57.4%
-4.3%
Net Margin
-46.8%
-12.5%
Revenue YoY
13.3%
4.3%
Net Profit YoY
-176.7%
-48.9%
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
OLPX
OLPX
Q4 25
$114.8M
$105.1M
Q3 25
$103.1M
$114.6M
Q2 25
$85.7M
$106.3M
Q1 25
$96.9M
$97.0M
Q4 24
$101.3M
$100.7M
Q3 24
$82.0M
$119.1M
Q2 24
$94.5M
$103.9M
Q1 24
$105.8M
$98.9M
Net Profit
HASI
HASI
OLPX
OLPX
Q4 25
$-53.8M
$-13.1M
Q3 25
$83.3M
$11.1M
Q2 25
$98.4M
$-7.7M
Q1 25
$56.6M
$465.0K
Q4 24
$70.1M
$-8.8M
Q3 24
$-19.6M
$14.8M
Q2 24
$26.5M
$5.8M
Q1 24
$123.0M
$7.7M
Gross Margin
HASI
HASI
OLPX
OLPX
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Q1 24
72.1%
Operating Margin
HASI
HASI
OLPX
OLPX
Q4 25
-57.4%
-4.3%
Q3 25
3.7%
Q2 25
-1.1%
Q1 25
84.7%
8.7%
Q4 24
90.9%
3.0%
Q3 24
-32.1%
23.5%
Q2 24
39.5%
15.7%
Q1 24
19.8%
Net Margin
HASI
HASI
OLPX
OLPX
Q4 25
-46.8%
-12.5%
Q3 25
80.8%
9.7%
Q2 25
114.9%
-7.3%
Q1 25
58.4%
0.5%
Q4 24
69.2%
-8.7%
Q3 24
-23.9%
12.4%
Q2 24
28.1%
5.6%
Q1 24
116.3%
7.8%
EPS (diluted)
HASI
HASI
OLPX
OLPX
Q4 25
$-0.38
$-0.02
Q3 25
$0.61
$0.02
Q2 25
$0.74
$-0.01
Q1 25
$0.44
$0.00
Q4 24
$0.58
$-0.01
Q3 24
$-0.17
$0.02
Q2 24
$0.23
$0.01
Q1 24
$0.98
$0.01

Balance Sheet & Financial Strength

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

Metric
HASI
HASI
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$110.2M
$318.7M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$2.7B
$879.4M
Total Assets
$8.2B
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
OLPX
OLPX
Q4 25
$110.2M
$318.7M
Q3 25
$301.8M
$286.4M
Q2 25
$86.5M
$289.3M
Q1 25
$67.4M
$580.9M
Q4 24
$129.8M
$586.0M
Q3 24
$44.1M
$538.8M
Q2 24
$145.7M
$507.9M
Q1 24
$61.4M
$507.5M
Total Debt
HASI
HASI
OLPX
OLPX
Q4 25
$352.3M
Q3 25
$352.1M
Q2 25
$351.9M
Q1 25
$649.1M
Q4 24
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Q1 24
$654.4M
Stockholders' Equity
HASI
HASI
OLPX
OLPX
Q4 25
$2.7B
$879.4M
Q3 25
$2.7B
$888.7M
Q2 25
$2.6B
$874.2M
Q1 25
$2.5B
$878.3M
Q4 24
$2.4B
$874.4M
Q3 24
$2.3B
$879.7M
Q2 24
$2.3B
$863.3M
Q1 24
$2.3B
$855.7M
Total Assets
HASI
HASI
OLPX
OLPX
Q4 25
$8.2B
$1.5B
Q3 25
$8.2B
$1.5B
Q2 25
$7.6B
$1.5B
Q1 25
$7.5B
$1.8B
Q4 24
$7.1B
$1.8B
Q3 24
$6.7B
$1.8B
Q2 24
$6.7B
$1.8B
Q1 24
$6.7B
$1.8B
Debt / Equity
HASI
HASI
OLPX
OLPX
Q4 25
0.40×
Q3 25
0.40×
Q2 25
0.40×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.76×
Q1 24
0.76×

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
OLPX
OLPX
Operating Cash FlowLast quarter
$167.3M
$32.7M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
OLPX
OLPX
Q4 25
$167.3M
$32.7M
Q3 25
$-121.8M
$8.0M
Q2 25
$79.6M
$20.9M
Q1 25
$-37.1M
$-2.9M
Q4 24
$5.9M
$49.7M
Q3 24
$21.9M
$33.5M
Q2 24
$-24.8M
$16.2M
Q1 24
$20.9M
$43.7M
Free Cash Flow
HASI
HASI
OLPX
OLPX
Q4 25
$32.6M
Q3 25
$7.9M
Q2 25
$20.8M
Q1 25
$-3.0M
Q4 24
$49.2M
Q3 24
$33.3M
Q2 24
$16.1M
Q1 24
$43.3M
FCF Margin
HASI
HASI
OLPX
OLPX
Q4 25
31.0%
Q3 25
6.9%
Q2 25
19.6%
Q1 25
-3.1%
Q4 24
48.9%
Q3 24
28.0%
Q2 24
15.5%
Q1 24
43.7%
Capex Intensity
HASI
HASI
OLPX
OLPX
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.5%
Cash Conversion
HASI
HASI
OLPX
OLPX
Q4 25
Q3 25
-1.46×
0.72×
Q2 25
0.81×
Q1 25
-0.66×
-6.27×
Q4 24
0.08×
Q3 24
2.26×
Q2 24
-0.94×
2.81×
Q1 24
0.17×
5.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HASI
HASI

Segment breakdown not available.

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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