HA Sustainable Infrastructure Capital, Inc. (HASI) — Financial statements
Income statement, balance sheet, and cash flow for HA Sustainable Infrastructure Capital, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 401↓36.6% | 631↑37.0% | 461↑70.0% | 271↓20.2% | 340 | |
| Cost of Revenue | 2↓99.4% | 242↑41.7% | 171↑48.0% | 116↓5.0% | 122 | |
| Gross Profit | 399↑2.5% | 389↑34.3% | 290↑86.4% | 155↓28.6% | 218 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 31↓6.8% | 33↑5.2% | 31↑4.5% | 30↑50.4% | 20 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 31↓6.8% | 33↑5.2% | 31↑4.5% | 30↑50.4% | 20 | |
| Other Expenses | 103↑25.1% | 82↑8.1% | 76↓0.1% | 76↑42.6% | 53 | |
| Operating Expenses | 134↑16.0% | 115↑7.3% | 107↑1.2% | 106↑44.7% | 73 | |
| Total Costs & Expenses | 135↓62.2% | 358↑28.4% | 278↑25.6% | 222↑13.7% | 195 | |
| Operating Results | ||||||
| Operating Income | 265↓3.1% | 274↑50.1% | 182↑270.0% | 49↓65.9% | 145 | |
| Depreciation & Amortization | 0.78↓22.2% | 1↓67.9% | 3↓21.7% | 4↑5.1% | 4 | |
| EBITDA | 567↑106.2% | 275↑48.2% | 186↑248.1% | 53↓64.1% | 148 | |
| EBIT | 566↑106.7% | 274↑50.1% | 182↑270.0% | 49↓65.9% | 145 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6↓112.7% | 47↓15.3% | 56↑51.5% | 37↑822.1% | -5 | |
| Interest Income | 286↓1.2% | 290↑27.7% | 227↑48.8% | 153↑30.9% | 117 | |
| Interest Expense | 292↑20.6% | 242↑41.7% | 171↑48.0% | 116↓5.0% | 122 | |
| Non-Operating Income | -301 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 8 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 273↓0.1% | 274↑50.1% | 182↑270.0% | 49↓65.9% | 145 | |
| Income Tax Expense | 85↑21.4% | 70↑122.0% | 32↑328.4% | 7↓57.0% | 17 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 188↓7.6% | 204↑35.1% | 151↑259.7% | 42↓67.1% | 127 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 185↓7.7% | 200↑34.4% | 149↑258.6% | 42↓67.2% | 127 | |
| Bottom-Line Net Income | 183↓8.0% | 199↑33.4% | 149↑258.6% | 42↓67.2% | 127 | |
| EPS (Basic) | 1.49↓13.4% | 1.72↑18.6% | 1.45↑208.5% | 0.47↓70.1% | 1.57 | |
| EPS (Diluted) | 1.41↓13.0% | 1.62↑14.1% | 1.42↑215.6% | 0.45↓70.2% | 1.51 | |
| Weighted Average Shares | 123↑6.4% | 116↑13.5% | 102↑16.4% | 88↑9.4% | 80 | |
| Weighted Average Diluted Shares | 138↑5.9% | 131↑19.2% | 109↑20.8% | 91↑3.4% | 88 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.