Every 10-Q that HA Sustainable Infrastructure Capital, Inc. (HASI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HASI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HASI filings page.
HA Sustainable Infrastructure Capital, Inc. finances energy-transition assets through equity, receivables and securitizations. For the quarter ended June 30, 2026, total revenue was $120.8 million (120,790 dollars in thousands) versus $85.7 million a year earlier, and net income was $131.8 million (131,783) versus $99.8 million. Net income attributable to controlling stockholders was $128.6 million, or $1.00 basic EPS. Equity method investments contributed $178.9 million of income in the quarter, but for the first half of 2026 their income was $99.7 million compared with $245.7 million in 2025, reflecting a $70 million impairment on two projects.
Total assets were $8.94 billion (8,940,993 dollars in thousands), including $4.78 billion of equity method investments and $3.15 billion of receivables; cash and cash equivalents rose to $249.9 million. The investment portfolio totaled approximately $8.2 billion, with 98% in the lowest internal risk category. Capital structure includes long-term debt of $3.81 billion in senior notes, $1.09 billion in junior subordinated notes and $404.3 million in convertible notes, alongside $332.2 million of retained interests in securitization trusts.
HA Sustainable Infrastructure Capital, Inc. reports first-quarter 2026 results showing a sharp move to a loss despite higher revenue. Total revenue rose to $124.2 million from $96.9 million a year earlier, driven by stronger interest, rental and fee income. However, interest expense increased to $99.3 million and income from equity method investments swung to a loss of $79.3 million from income of $88.0 million, leading to a net loss of $73.7 million versus net income of $58.2 million in 2025. Cash from operating activities improved to $15.6 million, while the company continued to invest heavily in equity method investments and receivables. The balance sheet shows $8.20 billion in total assets and $5.67 billion in liabilities, with stockholders’ equity at $2.53 billion. The portfolio remains concentrated in equity method investments and receivables tied to energy transition and infrastructure assets.
HASI reported third‑quarter results for the period ended September 30, 2025. Revenue was $103.1 million, up from $82.0 million a year ago, driven by higher interest and rental income and a larger gain on sale of assets of $24.9 million.
Net income was $84.9 million versus a loss of $19.2 million in the prior‑year quarter, aided by $124.6 million of income from equity method investments. Diluted EPS was $0.61 compared with $(0.17). For the nine months, revenue was $285.7 million and net income was $242.9 million, with diluted EPS of $1.79.
On the balance sheet, cash and cash equivalents were $301.8 million and total assets were $8.20 billion. Senior unsecured notes were $3.44 billion, convertible notes $399.2 million, and commercial paper $670.5 million. Total stockholders’ equity was $2.69 billion. Shares outstanding were 126,527,736 as of November 4, 2025.
Year‑to‑date cash flows show operating cash use of $79.4 million and investing cash use of $511.0 million, offset by $758.9 million provided by financing, including $996.2 million of new senior notes, a $700.0 million redemption, $200.0 million of convertible note principal payments, $572.0 million of commercial paper activity, and $187.2 million of common stock issuance.
HASI’s June 30 2025 10-Q shows a headline beat driven by equity ventures, offset by weaker core operations. Net income soared to $99.8 m (vs $26.9 m) and diluted EPS to $0.74 (vs $0.23) as income from equity-method investments leapt 487 % to $157.7 m. Core revenue slipped 9 % to $85.7 m and higher funding costs lifted interest expense 34 % to $79.7 m, producing a $19.7 m operating loss before JV gains.
Six-month figures show net income of $158.0 m (-2 % YoY) on revenue of $182.6 m (-9 %). Operating cash flow turned positive at $42.5 m, yet heavy investment outflows (-$384 m) and refinancing activity trimmed cash to $86.5 m (-33 % YTD).
Total assets grew 7 % to $7.60 bn, led by equity investments up to $4.08 bn. Debt increased to $4.72 bn: senior unsecured notes rose $292 m to $3.43 bn; commercial paper reached $356 m. Management issued $996 m new notes, redeemed $700 m costlier paper and repaid $200 m convertibles, partly mitigating dilution. Shares outstanding rose to 123.6 m (+4 %). Book value climbed to $2.59 bn, or roughly $21/share. OCI reflected an $8.9 m swap loss offset by a $1.9 m AFS gain.