Financials in USD. Standardized financial statements.
A compact view of how HA Sustainable Infrastructure Capital, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $400.50M | $631.47M | $460.85M | $271.03M | $339.59M | $234.87M | $205.75M | $161.56M | $128.28M | $87.31M |
| Revenue Growth? | -36.6% | +37.0% | +70.0% | -20.2% | +44.6% | +14.2% | +27.4% | +25.9% | +46.9% | 0.0% |
| Cost of Revenue? | $1.56M | $242.36M | $171.01M | $115.56M | $121.70M | $92.18M | $64.24M | $76.87M | $65.47M | $45.24M |
| Gross Profit? | $398.94M | $389.11M | $289.84M | $155.47M | $217.88M | $142.69M | $141.51M | $84.68M | $62.80M | $42.07M |
| Gross Margin? | +99.6% | +61.6% | +62.9% | +57.4% | +64.2% | +60.8% | +68.8% | +52.4% | +49.0% | +48.2% |
| Operating Expenses? | $133.72M | $115.28M | $107.46M | $106.18M | $73.38M | $62.71M | $51.50M | $40.74M | $30.88M | $27.17M |
| Operating Income? | $265.22M | $273.83M | $182.38M | $49.29M | $144.50M | $79.98M | $90.02M | $43.94M | $31.92M | $14.90M |
| EBITDA? | $566.67M | $274.83M | $185.50M | $53.28M | $148.31M | $83.56M | $93.61M | $48.47M | $35.47M | $22.55M |
| Income Before Tax | $273.48M | $273.83M | $182.38M | $49.29M | $144.50M | $79.98M | $90.02M | $43.94M | $31.92M | $14.90M |
| Income Tax Expense | $85.25M | $70.20M | $31.62M | $7.38M | $17.16M | -$2.78M | $8.10M | $2.14M | $885,000 | $141,000 |
| Net Income? | $184.55M | $200.04M | $148.84M | $41.50M | $126.58M | $82.42M | $81.56M | $41.58M | $30.86M | $14.65M |
| EPS? | $1.49 | $1.72 | $1.45 | $0.47 | $1.57 | $1.13 | $1.25 | $0.75 | $0.57 | $0.32 |
| Diluted EPS? | $1.41 | $1.62 | $1.42 | $0.45 | $1.51 | $1.10 | $1.24 | $0.75 | $0.57 | $0.32 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality