Jun 2026 (Q2 FY26) — Aug 6, 2026
HASI Q2 FY26 — Strong Investment Activity and Raised 2028 EPS Guidance
Read the full callHA Sustainable Infrastructure Capital earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 121 | +41.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 129 | +30.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $28.82 on 17 Oct 2025 → $35.66. High $43.31 (6 May 2026), low $27.71 (31 Oct 2025).
Overview
Call summaries
HASI Q2 FY26 — Strong Investment Activity and Raised 2028 EPS Guidance
Read the full callHASI Q1 FY26 — Strong Start with Record ROE and Reaffirmed 2028 EPS Guidance
Read the full callEvery analysed call
Financials
Net profit, year on year: +31% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 82 | 101 | 97 | 86 | 103 | 115 | 124 | 121 |
| Interest | 59 | 62 | 65 | 80 | 71 | 77 | 99 | 87 |
| Profit before tax | -3 | 6 | -6 | -20 | -5 | 4 | -25 | 10 |
| Tax rate | 246.7% | 333.8% | −404.6% | −193.4% | −668.9% | −313.5% | 121.8% | 578.8% |
| Net profit | -20 | 70 | 57 | 98 | 83 | -54 | -72 | 129 |
| EPS ($ per share) | -0.17 | — | 0.47 | 0.80 | 0.66 | — | -0.57 | 1 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | -163 | -170 | -204 | -194 | -285 | -304 | -297 | -323 |
| Total liabilities | 1,350 | 1,447 | 2,249 | 2,582 | 3,095 | 4,411 | 4,675 | 5,530 |
| Total assets | 2,155 | 2,387 | 3,459 | 4,148 | 4,760 | 6,552 | 7,080 | 8,188 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 59 | 29 | 73 | 13 | 0 | 100 | 6 | 167 |
| Cash from investing | 51 | -201 | -832 | -703 | -592 | -1,993 | -131 | -856 |
| Cash from financing | -168 | 219 | 962 | 631 | 517 | 1,792 | 200 | 684 |
| Net cash flow | -59 | 47 | 204 | -59 | -75 | -101 | 75 | -5 |
| Capital expenditure | -28 | 0 | 0 | 0 | -5 | 0 | 0 | — |
| Free cash flow | 31 | 29 | 73 | 13 | -4 | 100 | 6 | — |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Assets under management (AUM) | $16.4BAdjusted recurring net investment income was up 29% year-over-year to $101 million, and our managed assets were up 13% year-over-year to $16.4 billion.Source: earnings call transcript | $17.6BAs of quarter-end, our managed assets were $17.6 billion, up 20% year-over-year.Source: earnings call transcript | +7.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
5 filings between Feb 17, 2026 and May 15, 2026.
Purchases
None
No insider bought shares.
Sales
$5.27M
2 sales by 1 insider
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Eckel Jeffrey | — | $5.27M | Feb 17, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 15, 2026 | Whicher Michelle Chief Accounting Officer | Tax withheld | 961 | $39.6K |
| Mar 5, 2026 | Whicher Michelle Chief Accounting Officer | Tax withheld | 2,238 | $81.5K |
| Mar 5, 2026 | Viral Amin A EVP, Chief Risk Officer | Tax withheld | 679 | $24.7K |
| Feb 17, 2026 | Eckel Jeffrey Director | Sale | 124,998 | $4.90M |
| Feb 17, 2026 | Eckel Jeffrey Director | Sale | 9,400 | $369.8K |
| Mar 24, 2025 | Brenner Teresa Director | Gift | 2,000 | $0 |
| Mar 5, 2025 | Whicher Michelle Chief Accounting Officer | Tax withheld | 669 | $19.1K |
| Mar 5, 2025 | Viral Amin A EVP, Chief Risk Officer | Tax withheld | 679 | $19.4K |
| Nov 15, 2024 | Viral Amin A EVP, Chief Risk Officer | Tax withheld | 679 | $18.5K |
| Nov 11, 2024 | Pangburn Marc T. Chief Financial Officer | Purchase | 3,500 | $100.5K |
| Sep 16, 2024 | Eckel Jeffrey Executive Chair | Sale | 36,330 | $1.26M |
| Sep 16, 2024 | Eckel Jeffrey Executive Chair | Other | 18,450 | $0 |
| Sep 16, 2024 | Eckel Jeffrey Executive Chair | Other | 18,450 | $0 |
| Sep 13, 2024 | Eckel Jeffrey Executive Chair | Sale | 109,670 | $3.83M |
| Sep 11, 2024 | Rose Nathaniel EVP & CIO | Gift | 5,000 | $0 |
| Sep 11, 2024 | Rose Nathaniel EVP & CIO | Sale | 10,000 | $335.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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