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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and ZIPRECRUITER, INC. (ZIP). 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 $111.7M, roughly 1.0× ZIPRECRUITER, INC.). ZIPRECRUITER, INC. runs the higher net margin — -0.7% vs -46.8%, a 46.1% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 0.6%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -4.4%).
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.
ZipRecruiter, Inc. is an American employment marketplace for job seekers and employers.
HASI vs ZIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $111.7M |
| Net Profit | $-53.8M | $-835.0K |
| Gross Margin | — | 89.1% |
| Operating Margin | -57.4% | 3.6% |
| Net Margin | -46.8% | -0.7% |
| Revenue YoY | 13.3% | 0.6% |
| Net Profit YoY | -176.7% | 92.3% |
| EPS (diluted) | $-0.38 | $-0.03 |
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 | $111.7M | ||
| Q3 25 | $103.1M | $115.0M | ||
| Q2 25 | $85.7M | $112.2M | ||
| Q1 25 | $96.9M | $110.1M | ||
| Q4 24 | $101.3M | $111.0M | ||
| Q3 24 | $82.0M | $117.1M | ||
| Q2 24 | $94.5M | $123.7M | ||
| Q1 24 | $105.8M | $122.2M |
| Q4 25 | $-53.8M | $-835.0K | ||
| Q3 25 | $83.3M | $-9.8M | ||
| Q2 25 | $98.4M | $-9.5M | ||
| Q1 25 | $56.6M | $-12.8M | ||
| Q4 24 | $70.1M | $-10.8M | ||
| Q3 24 | $-19.6M | $-2.6M | ||
| Q2 24 | $26.5M | $7.0M | ||
| Q1 24 | $123.0M | $-6.5M |
| Q4 25 | — | 89.1% | ||
| Q3 25 | — | 89.1% | ||
| Q2 25 | — | 89.3% | ||
| Q1 25 | — | 89.4% | ||
| Q4 24 | — | 89.6% | ||
| Q3 24 | — | 89.4% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 89.1% |
| Q4 25 | -57.4% | 3.6% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | — | -5.9% | ||
| Q1 25 | 84.7% | -10.6% | ||
| Q4 24 | 90.9% | -3.6% | ||
| Q3 24 | -32.1% | -2.8% | ||
| Q2 24 | 39.5% | 7.6% | ||
| Q1 24 | — | -0.7% |
| Q4 25 | -46.8% | -0.7% | ||
| Q3 25 | 80.8% | -8.5% | ||
| Q2 25 | 114.9% | -8.5% | ||
| Q1 25 | 58.4% | -11.7% | ||
| Q4 24 | 69.2% | -9.7% | ||
| Q3 24 | -23.9% | -2.2% | ||
| Q2 24 | 28.1% | 5.7% | ||
| Q1 24 | 116.3% | -5.3% |
| Q4 25 | $-0.38 | $-0.03 | ||
| Q3 25 | $0.61 | $-0.11 | ||
| Q2 25 | $0.74 | $-0.10 | ||
| Q1 25 | $0.44 | $-0.13 | ||
| Q4 24 | $0.58 | $-0.10 | ||
| Q3 24 | $-0.17 | $-0.03 | ||
| Q2 24 | $0.23 | $0.07 | ||
| Q1 24 | $0.98 | $-0.07 |
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 | $188.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $-77.2M |
| Total Assets | $8.2B | $569.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | $188.0M | ||
| Q3 25 | $301.8M | $211.8M | ||
| Q2 25 | $86.5M | $203.5M | ||
| Q1 25 | $67.4M | $221.1M | ||
| Q4 24 | $129.8M | $218.4M | ||
| Q3 24 | $44.1M | $225.6M | ||
| Q2 24 | $145.7M | $271.7M | ||
| Q1 24 | $61.4M | $282.5M |
| Q4 25 | $2.7B | $-77.2M | ||
| Q3 25 | $2.7B | $-76.1M | ||
| Q2 25 | $2.6B | $-65.9M | ||
| Q1 25 | $2.5B | $-11.3M | ||
| Q4 24 | $2.4B | $13.4M | ||
| Q3 24 | $2.3B | $13.6M | ||
| Q2 24 | $2.3B | $24.4M | ||
| Q1 24 | $2.3B | $12.7M |
| Q4 25 | $8.2B | $569.7M | ||
| Q3 25 | $8.2B | $573.6M | ||
| Q2 25 | $7.6B | $592.4M | ||
| Q1 25 | $7.5B | $629.4M | ||
| Q4 24 | $7.1B | $664.1M | ||
| Q3 24 | $6.7B | $652.0M | ||
| Q2 24 | $6.7B | $665.3M | ||
| Q1 24 | $6.7B | $662.4M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | — | $7.6M |
| FCF MarginFCF / Revenue | — | 6.8% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | $7.7M | ||
| Q3 25 | $-121.8M | $2.6M | ||
| Q2 25 | $79.6M | $10.5M | ||
| Q1 25 | $-37.1M | $-9.9M | ||
| Q4 24 | $5.9M | $12.5M | ||
| Q3 24 | $21.9M | $9.3M | ||
| Q2 24 | $-24.8M | $21.9M | ||
| Q1 24 | $20.9M | $2.0M |
| Q4 25 | — | $7.6M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | — | $10.2M | ||
| Q1 25 | — | $-10.2M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | $9.2M | ||
| Q2 24 | — | $21.7M | ||
| Q1 24 | — | $1.9M |
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 9.1% | ||
| Q1 25 | — | -9.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | -0.66× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.94× | 3.12× | ||
| Q1 24 | 0.17× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HASI
Segment breakdown not available.
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |
