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HA Sustainable Infrastructure Capital quarterly revenue rises 11.1% to $114.5 million

HA Sustainable Infrastructure Capital's revenue growth has more than halved. Results for the quarter ended September 30, 2026, from the earnings release filed with the SEC on Nov 5, 2026.

Octans ResearchPublished

Snapshot

HA Sustainable Infrastructure Capital's revenue growth has more than halved: revenue rose 11.1% to $114.5 million in the quarter ended September 30, 2026, from $103.1 million a year earlier, after 41.0% year over year growth the quarter before.

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HASI
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Market Data

Latest prices for the companies covered in this article
Company1D %Price
($HASI)▼ −1.97%38.90

as of 16:00 ET · Realtime derived data

What We Know

Revenue for the quarter ended September 30, 2026 was $114.5 million, versus $103.1 million in the same quarter a year earlier, up 11.1%. Diluted earnings per share was $1.04, up from $0.61.

Bar chart: HASI revenue, last eight quarters. US$ millions by fiscal quarter end, as of Nov 5, 2026. Dec 2024 101.3; Mar 2025 96.9; Jun 2025 85.7; Sep 2025 103.1; Dec 2025 114.8; Mar 2026 124.2; Jun 2026 120.8; Sep 2026 114.5. Latest quarter $114.5M, Up 11.1% vs a year earlier.
Source: SEC EDGAR (earnings release and XBRL financial data)

Quarterly revenue by fiscal quarter end, oldest first: Dec 2024: $101.3 million; Mar 2025: $96.9 million; Jun 2025: $85.7 million; Sep 2025: $103.1 million; Dec 2025: $114.8 million; Mar 2026: $124.2 million; Jun 2026: $120.8 million; Sep 2026: $114.5 million.

Octans View

Year over year revenue change by quarter, computed from the filed figures: Dec 2025 up 13.3%; Mar 2026 up 28.1%; Jun 2026 up 41.0%; Sep 2026 up 11.1%. On those figures, HA Sustainable Infrastructure Capital's revenue growth has more than halved. That read compares the latest two year over year growth rates and nothing else.

Bear Case · Room for Disagreement

This brief covers reported revenue and diluted earnings per share only. It does not cover guidance, margins, segment results, cash flow or the earnings call, and it makes no forecast. Revenue is the total on the release line we matched; a company's own adjusted measures can differ.

Method and source. Octans Research matched the revenue line in the earnings release (Exhibit 99.1) to the year ago quarter the company reported in its own XBRL financial data; the two must agree before anything is published. The quarterly history comes from the same XBRL data. The text is generated from those verified figures by a fixed template; no model wrote it.

Chart

$HASI adjusted close, last 6 months $HASI adjusted close, last 6 months: series falling from 40.1 to 38.9 (−2.9%) from 2026-05-12 to 2026-11-06. Scale 34 to 42. 3436384042 2026-05-122026-11-06 $HASI ADJUSTED CLOSE, LAST 6 MONTHS −2.9% 38.9
Source: Tiingo · As of 2026-11-06Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — HA Sustainable Infrastructure Capital earnings release for the quarter ended September 30, 2026 (Exhibit 99.1), filed Nov 5, 2026
  2. [2]SEC EDGAR — HA Sustainable Infrastructure Capital XBRL financial data (company facts)

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$114.5M

Revenue for the quarter ended September 30, 2026 was $114.5 million, versus $103.1 million in t… · What we know

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