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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $114.8M, roughly 1.2× HA Sustainable Infrastructure Capital, Inc.). STRATASYS LTD. runs the higher net margin — -40.6% vs -46.8%, a 6.2% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs -2.2%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -7.4%).
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.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
HASI vs SSYS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $137.0M |
| Net Profit | $-53.8M | $-55.6M |
| Gross Margin | — | 41.0% |
| Operating Margin | -57.4% | -16.6% |
| Net Margin | -46.8% | -40.6% |
| Revenue YoY | 13.3% | -2.2% |
| Net Profit YoY | -176.7% | -109.0% |
| 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 | $137.0M | ||
| Q2 25 | $85.7M | $138.1M | ||
| Q1 25 | $96.9M | $136.0M | ||
| Q4 24 | $101.3M | — | ||
| Q3 24 | $82.0M | $140.0M | ||
| Q2 24 | $94.5M | $138.0M | ||
| Q1 24 | $105.8M | $144.1M |
| Q4 25 | $-53.8M | — | ||
| Q3 25 | $83.3M | $-55.6M | ||
| Q2 25 | $98.4M | $-16.7M | ||
| Q1 25 | $56.6M | $-13.1M | ||
| Q4 24 | $70.1M | — | ||
| Q3 24 | $-19.6M | $-26.6M | ||
| Q2 24 | $26.5M | $-25.7M | ||
| Q1 24 | $123.0M | $-26.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 41.0% | ||
| Q2 25 | — | 43.1% | ||
| Q1 25 | — | 44.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 44.8% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | -57.4% | — | ||
| Q3 25 | — | -16.6% | ||
| Q2 25 | — | -12.0% | ||
| Q1 25 | 84.7% | -9.1% | ||
| Q4 24 | 90.9% | — | ||
| Q3 24 | -32.1% | -18.2% | ||
| Q2 24 | 39.5% | -18.9% | ||
| Q1 24 | — | -17.0% |
| Q4 25 | -46.8% | — | ||
| Q3 25 | 80.8% | -40.6% | ||
| Q2 25 | 114.9% | -12.1% | ||
| Q1 25 | 58.4% | -9.6% | ||
| Q4 24 | 69.2% | — | ||
| Q3 24 | -23.9% | -19.0% | ||
| Q2 24 | 28.1% | -18.6% | ||
| Q1 24 | 116.3% | -18.0% |
| Q4 25 | $-0.38 | — | ||
| Q3 25 | $0.61 | — | ||
| Q2 25 | $0.74 | — | ||
| Q1 25 | $0.44 | — | ||
| Q4 24 | $0.58 | — | ||
| Q3 24 | $-0.17 | — | ||
| 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 | $71.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $852.5M |
| Total Assets | $8.2B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | — | ||
| Q3 25 | $301.8M | $71.5M | ||
| Q2 25 | $86.5M | $71.1M | ||
| Q1 25 | $67.4M | $70.1M | ||
| Q4 24 | $129.8M | — | ||
| Q3 24 | $44.1M | $64.0M | ||
| Q2 24 | $145.7M | $70.9M | ||
| Q1 24 | $61.4M | $91.1M |
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | $852.5M | ||
| Q2 25 | $2.6B | $902.4M | ||
| Q1 25 | $2.5B | $784.8M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.3B | $831.8M | ||
| Q2 24 | $2.3B | $850.5M | ||
| Q1 24 | $2.3B | $866.1M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.2B | $1.1B | ||
| Q2 25 | $7.6B | $1.1B | ||
| Q1 25 | $7.5B | $1.0B | ||
| Q4 24 | $7.1B | — | ||
| Q3 24 | $6.7B | $1.1B | ||
| Q2 24 | $6.7B | $1.1B | ||
| Q1 24 | $6.7B | $1.1B |
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 | $6.9M |
| Free Cash FlowOCF − Capex | — | $2.5M |
| FCF MarginFCF / Revenue | — | 1.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | — | ||
| Q3 25 | $-121.8M | $6.9M | ||
| Q2 25 | $79.6M | $-1.1M | ||
| Q1 25 | $-37.1M | $4.5M | ||
| Q4 24 | $5.9M | — | ||
| Q3 24 | $21.9M | $-4.5M | ||
| Q2 24 | $-24.8M | $-2.4M | ||
| Q1 24 | $20.9M | $7.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $-8.4M | ||
| Q1 25 | — | $789.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-6.3M | ||
| Q2 24 | — | $-4.9M | ||
| Q1 24 | — | $5.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | -6.1% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -4.5% | ||
| Q2 24 | — | -3.6% | ||
| Q1 24 | — | 3.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.6% |
| 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.
