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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and Rapid7, Inc. (RPD). Click either name above to swap in a different company.

Rapid7, Inc. is the larger business by last-quarter revenue ($217.4M vs $114.8M, roughly 1.9× HA Sustainable Infrastructure Capital, Inc.). Rapid7, Inc. runs the higher net margin — 1.4% vs -46.8%, a 48.3% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 0.5%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs 3.0%).

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.

Rapid7, Inc. is a leading global cybersecurity company that offers a full portfolio of solutions including vulnerability management, threat detection and response, cloud security, and security analytics. It serves enterprises, SMBs, and public sector entities across industries like tech, healthcare, finance, and manufacturing worldwide, helping clients address and mitigate cyber risks efficiently.

HASI vs RPD — Head-to-Head

Bigger by revenue
RPD
RPD
1.9× larger
RPD
$217.4M
$114.8M
HASI
Growing faster (revenue YoY)
HASI
HASI
+12.8% gap
HASI
13.3%
0.5%
RPD
Higher net margin
RPD
RPD
48.3% more per $
RPD
1.4%
-46.8%
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
3.0%
RPD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HASI
HASI
RPD
RPD
Revenue
$114.8M
$217.4M
Net Profit
$-53.8M
$3.1M
Gross Margin
68.9%
Operating Margin
-57.4%
1.0%
Net Margin
-46.8%
1.4%
Revenue YoY
13.3%
0.5%
Net Profit YoY
-176.7%
44.1%
EPS (diluted)
$-0.38
$0.05

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
RPD
RPD
Q4 25
$114.8M
$217.4M
Q3 25
$103.1M
$218.0M
Q2 25
$85.7M
$214.2M
Q1 25
$96.9M
$210.3M
Q4 24
$101.3M
$216.3M
Q3 24
$82.0M
$214.7M
Q2 24
$94.5M
$208.0M
Q1 24
$105.8M
$205.1M
Net Profit
HASI
HASI
RPD
RPD
Q4 25
$-53.8M
$3.1M
Q3 25
$83.3M
$9.8M
Q2 25
$98.4M
$8.3M
Q1 25
$56.6M
$2.1M
Q4 24
$70.1M
$2.2M
Q3 24
$-19.6M
$15.4M
Q2 24
$26.5M
$6.5M
Q1 24
$123.0M
$1.4M
Gross Margin
HASI
HASI
RPD
RPD
Q4 25
68.9%
Q3 25
70.2%
Q2 25
70.6%
Q1 25
71.7%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
70.7%
Q1 24
70.3%
Operating Margin
HASI
HASI
RPD
RPD
Q4 25
-57.4%
1.0%
Q3 25
2.7%
Q2 25
1.6%
Q1 25
84.7%
-0.0%
Q4 24
90.9%
3.4%
Q3 24
-32.1%
6.0%
Q2 24
39.5%
2.5%
Q1 24
4.7%
Net Margin
HASI
HASI
RPD
RPD
Q4 25
-46.8%
1.4%
Q3 25
80.8%
4.5%
Q2 25
114.9%
3.9%
Q1 25
58.4%
1.0%
Q4 24
69.2%
1.0%
Q3 24
-23.9%
7.2%
Q2 24
28.1%
3.1%
Q1 24
116.3%
0.7%
EPS (diluted)
HASI
HASI
RPD
RPD
Q4 25
$-0.38
$0.05
Q3 25
$0.61
$0.15
Q2 25
$0.74
$0.13
Q1 25
$0.44
$0.03
Q4 24
$0.58
$0.08
Q3 24
$-0.17
$0.21
Q2 24
$0.23
$0.09
Q1 24
$0.98
$0.02

Balance Sheet & Financial Strength

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

Metric
HASI
HASI
RPD
RPD
Cash + ST InvestmentsLiquidity on hand
$110.2M
$474.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$154.7M
Total Assets
$8.2B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
RPD
RPD
Q4 25
$110.2M
$474.7M
Q3 25
$301.8M
$407.1M
Q2 25
$86.5M
$511.7M
Q1 25
$67.4M
$493.5M
Q4 24
$129.8M
$521.7M
Q3 24
$44.1M
$443.7M
Q2 24
$145.7M
$442.6M
Q1 24
$61.4M
$411.7M
Stockholders' Equity
HASI
HASI
RPD
RPD
Q4 25
$2.7B
$154.7M
Q3 25
$2.7B
$127.2M
Q2 25
$2.6B
$90.4M
Q1 25
$2.5B
$52.7M
Q4 24
$2.4B
$17.7M
Q3 24
$2.3B
$-5.1M
Q2 24
$2.3B
$-52.6M
Q1 24
$2.3B
$-86.4M
Total Assets
HASI
HASI
RPD
RPD
Q4 25
$8.2B
$1.7B
Q3 25
$8.2B
$1.7B
Q2 25
$7.6B
$1.6B
Q1 25
$7.5B
$1.6B
Q4 24
$7.1B
$1.7B
Q3 24
$6.7B
$1.6B
Q2 24
$6.7B
$1.5B
Q1 24
$6.7B
$1.5B

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
RPD
RPD
Operating Cash FlowLast quarter
$167.3M
$37.6M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
12.01×
TTM Free Cash FlowTrailing 4 quarters
$146.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
RPD
RPD
Q4 25
$167.3M
$37.6M
Q3 25
$-121.8M
$39.0M
Q2 25
$79.6M
$47.5M
Q1 25
$-37.1M
$29.8M
Q4 24
$5.9M
$63.8M
Q3 24
$21.9M
$44.0M
Q2 24
$-24.8M
$32.9M
Q1 24
$20.9M
$31.1M
Free Cash Flow
HASI
HASI
RPD
RPD
Q4 25
$36.4M
Q3 25
$34.8M
Q2 25
$46.6M
Q1 25
$28.4M
Q4 24
$62.6M
Q3 24
$42.6M
Q2 24
$32.6M
Q1 24
$30.4M
FCF Margin
HASI
HASI
RPD
RPD
Q4 25
16.8%
Q3 25
16.0%
Q2 25
21.8%
Q1 25
13.5%
Q4 24
28.9%
Q3 24
19.9%
Q2 24
15.7%
Q1 24
14.8%
Capex Intensity
HASI
HASI
RPD
RPD
Q4 25
0.5%
Q3 25
1.9%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
0.5%
Q3 24
0.6%
Q2 24
0.1%
Q1 24
0.3%
Cash Conversion
HASI
HASI
RPD
RPD
Q4 25
12.01×
Q3 25
-1.46×
3.97×
Q2 25
0.81×
5.70×
Q1 25
-0.66×
14.14×
Q4 24
0.08×
29.36×
Q3 24
2.85×
Q2 24
-0.94×
5.03×
Q1 24
0.17×
22.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HASI
HASI

Segment breakdown not available.

RPD
RPD

Products$209.1M96%
Services$8.2M4%

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