HA Sustainable Infrastructure Capital, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $128.6M | $-72.0M | $-53.8M | $83.3M | $98.4M | $56.6M | $70.1M | $-19.6M |
| Depreciation & Amortization | $195.0K | $179.0K | $184.0K | $178.0K | $251.0K | $167.0K | $313.0K | $175.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.9M | $17.8M | $5.9M | $5.8M | $8.4M | $9.8M | $6.6M | $1.7M |
| Net Cash from Operating Activities | $68.0M | $15.6M | $246.7M | $-121.8M | $79.6M | $-37.1M | $-12.2M | $21.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-359.2M | $-184.1M | $-344.8M | $-126.8M | $-60.5M | $-323.7M | $-185.3M | $-131.1M |
| Financing Activities | ||||||||
| Dividends Paid | $55.8M | $56.8M | $54.1M | $53.2M | $52.0M | $50.4M | $50.1M | $48.9M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $420.9M | $174.4M | $-75.3M | $463.5M | $1.1M | $294.3M | $289.0M | $6.5M |
| Net Change in Cash | $129.8M | $5.8M | $-173.5M | $214.9M | $20.2M | $-66.5M | $91.5M | $-102.7M |
| Free Cash Flow | — | — | — | — | — | — | — | — |