15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $401M | $185M | 0.0% | 0.0% | — | — | $110M |
| 2024 | $384M | $200M | 0.0% | 0.0% | — | — | $130M |
| 2023 | $320M | $149M | 0.0% | 0.0% | — | — | $63M |
| 2022 | $240M | $42M | 0.0% | 0.0% | — | $433M | $156M |
| 2021 | $213M | $127M | 0.0% | 0.0% | — | $480M | $226M |
| 2020 | $187M | $82M | 0.0% | 0.0% | — | $593M | $286M |
| 2019 | $142M | $82M | 0.0% | 0.0% | — | $700M | $6M |
| 2018 | $139M | $42M | 0.0% | 0.0% | — | $835M | $21M |
| 2017 | $106M | $31M | 0.0% | 0.0% | — | $1.2B | $57M |
| 2016 | $81M | $15M | 0.0% | 0.0% | — | $692M | $29M |
| 2015 | $59M | $8M | 0.0% | 0.0% | — | $664M | $43M |
| 2014 | $45M | $10M | 0.0% | 0.0% | — | $321M | $58M |
| 2013 | $24M | -$10M | 0.0% | 0.0% | -$11M | $260M | $32M |
| 2012 | $17M | — | 0.0% | 0.0% | $10M | — | $21M |
| 2011 | $7M | — | 0.0% | 0.0% | $1M | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $124M | -$72M | 0.0% | 0.0% | — | — | $124M |
| Dec '25 | $115M | -$54M | 0.0% | 0.0% | — | — | $110M |
| Sep '25 | $103M | $83M | 0.0% | 0.0% | — | — | $302M |
| Jun '25 | $86M | $98M | 0.0% | 0.0% | — | — | $87M |
| Mar '25 | $97M | $57M | 0.0% | 0.0% | — | — | $67M |
| Dec '24 | $101M | $70M | 0.0% | 0.0% | — | — | $130M |
| Sep '24 | $82M | -$20M | 0.0% | 0.0% | — | — | $44M |
| Jun '24 | $95M | $27M | 0.0% | 0.0% | — | — | $146M |
| Mar '24 | $106M | $123M | 0.0% | 0.0% | — | — | $61M |
| Dec '23 | $87M | $90M | 0.0% | 0.0% | — | — | $63M |
| Sep '23 | $90M | $21M | 0.0% | 0.0% | — | $218M | $156M |
| Jun '23 | $74M | $14M | 0.0% | 0.0% | — | $490M | $127M |
| Mar '23 | $69M | $24M | 0.0% | 0.0% | — | $495M | $142M |
| Dec '22 | $58M | -$20M | 0.0% | 0.0% | — | $433M | $156M |
| Sep '22 | $60M | $35M | 0.0% | 0.0% | — | $508M | $273M |
| Jun '22 | $63M | -$18M | 0.0% | 0.0% | — | $516M | $279M |
| Mar '22 | $58M | $45M | 0.0% | 0.0% | — | $499M | $133M |
| Dec '21 | $54M | $62M | 0.0% | 0.0% | — | $480M | $226M |
| Sep '21 | $49M | -$3M | 0.0% | 0.0% | — | $438M | $413M |
| Jun '21 | $59M | $16M | 0.0% | 0.0% | — | $442M | $583M |
How the market has priced HASI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Ha Sustainable Infrastructure Capital, Inc.'s revenue has grown 16.5% per year, and net income grown 17.5% per year. These are computed facts, not advice.
As of FY2025, Ha Sustainable Infrastructure Capital, Inc. reported — of total debt against $110M of cash.
In FY2025, gross margin was —, operating margin —, and net margin 46.1%.
As of Jun '26, Ha Sustainable Infrastructure Capital, Inc. traded at a price-to-earnings ratio of about 27.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.