HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $400.5M | $383.6M | $319.9M | $239.7M | $213.2M | $186.9M | $141.6M | $139.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $30.7M | $32.9M | $31.3M | $29.9M | $19.9M | $14.8M | $14.7M | $15.1M |
| Operating Income | $565.9M | $516.2M | $353.4M | $164.9M | $266.2M | $172.2M | $154.3M | $120.8M |
| Operating Margin | 141.3% | 134.6% | 110.5% | 68.8% | 124.9% | 92.1% | 109.0% | 86.7% |
| Interest Expense | $292.4M | $242.4M | $171.0M | $115.6M | $121.7M | $92.2M | $64.2M | $76.9M |
| Pretax Income | $273.5M | $273.8M | $182.4M | $49.3M | $144.5M | $80.0M | $90.0M | $43.9M |
| Income Tax Expense | $85.2M | $70.2M | $31.6M | $7.4M | $17.2M | $-2.8M | $8.1M | $2.1M |
| Net Income | $184.5M | $200.0M | $148.8M | $41.5M | $126.6M | $82.4M | $81.6M | $41.6M |
| Net Margin | 46.1% | 52.1% | 46.5% | 17.3% | 59.4% | 44.1% | 57.6% | 29.8% |
| EPS (Basic) | $1.49 | $1.72 | $1.45 | $0.47 | $1.57 | $1.13 | $1.25 | $0.75 |
| EPS (Diluted) | $1.41 | $1.62 | $1.42 | $0.47 | $1.51 | $1.10 | $1.24 | $0.75 |
| Shares Outstanding (Basic) | 123.0M | 115.5M | 101.8M | 87.5M | 80.0M | 72.4M | 63.9M | 52.8M |
| Shares Outstanding (Diluted) | 138.2M | 130.5M | 109.5M | 90.6M | 87.7M | 74.4M | 64.8M | 52.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |