# HA Sustainable Infrastructure Capital, Inc.: overview

HASI · NYSE · CIK 1561894 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hasi.md) · [Financials](/companies/hasi/financials.md) · [Filings](/companies/hasi/filings.md) · [Insiders](/companies/hasi/insiders.md)

Latest reported revenue: [$120.8m](/filings/0001561894-26-000136.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001561894-26-000136).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [82.0](/filings/0001561894-25-000123.md) | [101 d](/filings/0001561894-26-000007.md) | [96.9](/filings/0001561894-26-000074.md) | [85.7](/filings/0001561894-26-000136.md) | [103](/filings/0001561894-25-000123.md) | [115 d](/filings/0001561894-26-000007.md) | [124](/filings/0001561894-26-000074.md) | [121](/filings/0001561894-26-000136.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(23.9%)](/filings/0001561894-25-000123.md) | [69.2% d](/filings/0001561894-26-000007.md) | [58.4%](/filings/0001561894-26-000074.md) | [114.9%](/filings/0001561894-26-000136.md) | [80.8%](/filings/0001561894-25-000123.md) | [(46.8%) d](/filings/0001561894-26-000007.md) | [(57.9%)](/filings/0001561894-26-000074.md) | [106.5%](/filings/0001561894-26-000136.md) |
| Diluted EPS | $ per share | [(0.17)](/filings/0001561894-25-000123.md) | not reported | [0.44](/filings/0001561894-26-000074.md) | [0.74](/filings/0001561894-26-000136.md) | [0.61](/filings/0001561894-25-000123.md) | not reported | [(0.57)](/filings/0001561894-26-000074.md) | [0.92](/filings/0001561894-26-000136.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [213](/filings/0001561894-24-000009.md) | [240](/filings/0001561894-25-000007.md) | [320](/filings/0001561894-26-000007.md) | [384](/filings/0001561894-26-000007.md) | [401](/filings/0001561894-26-000007.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [59.4%](/filings/0001561894-24-000009.md) | [17.3%](/filings/0001561894-25-000007.md) | [46.5%](/filings/0001561894-26-000007.md) | [52.1%](/filings/0001561894-26-000007.md) | [46.1%](/filings/0001561894-26-000007.md) |
| Diluted EPS | $ per share | [1.51](/filings/0001561894-24-000009.md) | [0.47](/filings/0001561894-25-000007.md) | [1.42](/filings/0001561894-26-000007.md) | [1.62](/filings/0001561894-26-000007.md) | [1.41](/filings/0001561894-26-000007.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hasi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $834.0m | 21,357,545 |  | Added +1,248,462 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $381.8m | 9,778,291 |  | Reduced −1,610,320 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $308.7m | 7,905,349 |  | Added +167,178 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $225.5m | 5,773,860 |  | Added +75,961 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $223.9m | 5,733,734 |  | Added +335,288 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $174.6m | 4,475,858 |  | Added +521,369 |
| [ALLIANCEBERNSTEIN L.P.](/funds/1109448.md) | 2026-06-30 | $167.7m | 4,564,467 |  | Reduced −10,513 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $144.4m | 3,697,531 |  | Added +606,318 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $111.3m | 2,850,145 |  | Added +152,941 |
| [Amundi](/funds/1330387.md) | 2026-06-30 | $93.4m | 2,388,998 |  | Reduced −33,221 |

## Recent filings

[All 1,020 filings](/companies/hasi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-07 | 10:32 ET | [10-Q](/filings/0001561894-26-000136.md) | Quarterly report, period 2026-06-30 | 0001561894-26-000136 |
| 2026-08-06 | 20:41 ET | [8-K](/filings/0001561894-26-000132.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001561894-26-000132 |
| 2026-07-20 | 12:00 ET | [8-K](/filings/0001104659-26-084887.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-084887 |
| 2026-06-26 | 20:15 ET | [8-K](/filings/0001104659-26-078275.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001104659-26-078275 |
| 2026-06-15 | 12:50 ET | [8-K](/filings/0001104659-26-073802.md) | 8.01 Other events | 0001104659-26-073802 |
| 2026-06-05 | 20:10 ET | [8-K](/filings/0001561894-26-000119.md) | 5.07 Shareholder vote results | 0001561894-26-000119 |
| 2026-05-08 | 10:51 ET | [10-Q](/filings/0001561894-26-000074.md) | Quarterly report, period 2026-03-31 | 0001561894-26-000074 |
| 2026-05-07 | 20:18 ET | [8-K](/filings/0001561894-26-000072.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001561894-26-000072 |
| 2026-04-13 | 20:07 ET | [DEF 14A](/filings/0001561894-26-000061.md) | Proxy statement, period 2026-06-03 | 0001561894-26-000061 |
| 2026-03-27 | 20:31 ET | [8-K](/filings/0001193125-26-129174.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-129174 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001561894-26-000007.md), filed Feb 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/069649c3-35f9-426a-a07a-e1815dc38c2d)

## About the filer

- CIK: 1561894
- Tickers: HASI
- Exchange: NYSE
- SIC code: 6799 Investors, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.