HASI at a glance
HA Sustainable Infrastructure Capital, Inc. (HASI, SEC CIK 1561894) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as June 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), HA Sustainable Infrastructure Capital, Inc. (HASI) reported revenue of $400.5 million (up 4.4% from FY2024) and net income of $184.5 million. Diluted EPS was $1.41.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $400.5M
- +4.4% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- Latest 8-K
- Aug 6, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Sustainable infrastructure investment management utilizing debt, equity, securitizations, and co-investment structures
- New partnership expansion: Strategic partnership with KKR increased equity commitment from $2B to $3B, extended investment period to Dec 2027
- Capital market activity: Issued $1.5B senior notes (2031/2035) and $500M junior subordinated notes, repurchased $700M senior notes maturing 2026-2027
- Financial leverage: Debt to equity ratio 1.7x, down from 1.8x, fixed-rate debt 99% within 75-100% target range as of Dec 31, 2025
- Organizational tax status shift: Converted from REIT to C-Corp effective 2024 tax year impacting dividend policy and tax treatment
Risk Factors
- Operational cybersecurity risk with oversight by Finance and Risk Committee and CISO managing incident response and vulnerability processes
- Key-person risk from dependence on CISO with over 20 years cybersecurity leadership experience responsible for risk management and budgeting
Management Discussion & Analysis
- Revenue $400.5M, up 4% YoY from $383.6M; interest and rental income rose $20.5M to $286.4M, management fees +29% to $33.6M
- Net income $188.2M, down 8% YoY from $203.6M; operating loss before equity method investments ($27.2M) vs income $25.9M prior year
- Equity method investments income best segment $300.7M, up 21%; gain on sale of assets worst segment down 19% to $65.1M
- Interest expense $292.4M, up 21%; provision for loss on receivables $12.1M vs $1.1M; compensation $92.5M up 14%, admin down 7%
- Adjusted Earnings $342.4M ($2.70/share) vs $290.6M ($2.45/share); Adjusted Recurring Net Investment Income $362.0M vs $289.2M
- Cash from operations $167.3M vs $5.9M prior year; Adjusted Cash from Operations plus Other Collections $959.2M vs $910.1M
- Dividends paid $209.8M; cash available for reinvestment $749.4M vs $717.8M; capex details not explicitly disclosed
- Portfolio increased to $7.6B from $6.6B; Managed Assets $16.1B up from $13.7B; weighted average life ~16 years; yield 8.6% vs 8.4%
- Management outlook not explicitly stated; risks include increased interest expense and higher provision for loan losses impacting profitability
AI summary of the HASI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $120.8M, up 41% YoY from $85.7M
- Net income $131.8M, up 32% YoY from $99.8M
- Interest and rental income $84.5M, up 25% YoY; origination fee and other income $7.6M, up 435%
- Equity method investment income $178.9M, up 13% YoY; $70M in impairments
- Transactions $1.1B versus $189M YoY; Portfolio $8.2B and pipeline above $6.5B
Risk Factors
- No risk-factors section provided; supplied text covers Items 2–6 and signatures
- New debt instrument: 5.950% Green Senior Unsecured Notes due 2033 issued June 24, 2026
- New debt instrument: 6.000% Green Senior Unsecured Notes due 2036 issued March 2, 2026
- Debt maturity risk: 3.375% Senior Notes due 2026 identified in exhibit list
- Equity dilution risk: 100,590 OP units exchanged for common shares during six months ended June 30, 2026
AI summary of the HASI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results released for quarter ended June 30, 2026
- Q3 2026 dividend announced, with terms detailed in Exhibit 99.1
Item 1.01: Entry into a Material Definitive Agreement
- Prior Credit Agreement replaced by New Credit Agreement
- No outstanding loans transferred or refinanced under the prior facility
Item 8.01: Other Events
- $400 million, 3-year senior unsecured term loan replaces two $250 million facilities terminated July 14, 2026
- Applicable margin 1.45%, 33 basis points below prior facilities’ weighted average spreads
Item 1.01: Entry into a Material Definitive Agreement
- $1B 5.950% senior unsecured green notes issued June 24, 2026, maturing July 15, 2033
- Annual interest expense of approximately $59.5M, paid semi-annually beginning January 15, 2027
AI summaries of HASI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for HASI
Don't miss the next HASI filing
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- Fund moves. Which tracked funds opened, added or cut HASI, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Floyd Nancy C | A | Jun 3, 2026 | 3,553 | - |
| Reed Kimberly A. | A | Jun 3, 2026 | 3,553 | - |
| Eckel Jeffrey | A | Jun 3, 2026 | 8,698 | - |
| Brenner Teresa | A | Jun 3, 2026 | 3,553 | - |
| ARDISANA LIZABETH A | A | Jun 3, 2026 | 5,574 | - |
| Armbrister Clarence D | A | Jun 3, 2026 | 3,553 | - |
| Welch Barry Edward | A | Jun 3, 2026 | 3,553 | - |
| Schulte Laura Ann | A | Jun 3, 2026 | 3,553 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $319.9M | $383.6M | $400.5M | |
| Net Income | $148.8M | $200.0M | $184.5M | |
| Net Margin | 46.5% | 52.1% | 46.1% | |
| Balance Sheet | ||||
| Total Assets | $6.6B | $7.1B | $8.2B | |
| Equity | $2.1B | $2.4B | $2.7B | |
| ROE | 6.9% | 8.3% | 6.9% | |
| Per Share | ||||
| EPS | $1.42 | $1.62 | $1.41 | |
| Cash Flow | ||||
| Operating CF | $99.7M | $5.9M | $167.3M | |
Source: XBRL data in HA Sustainable Infrastructure Capital, Inc. (HASI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
HASI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 8-K | Jul 20, 2026 | - | Analysis | - |
| 8-K | Jun 26, 2026 | - | Analysis | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 12, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| 4 | May 1, 2026 | - | - | - |
| SC 13G | Apr 28, 2026 | - | - | |
| SC 13G | Apr 28, 2026 | - | - | |
| 8-K | Mar 27, 2026 | - | - | - |
| 4 | Mar 6, 2026 | - | - | - |
| 4 | Mar 6, 2026 | - | - | - |
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HASI SEC filings: frequently asked questions
What was HASI's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), HA Sustainable Infrastructure Capital, Inc. (HASI) reported revenue of $400.5 million (up 4.4% from FY2024) and net income of $184.5 million. Diluted EPS was $1.41. The figures come from the XBRL data in the 10-K.
What are the main risks in HASI's latest 10-K?
In the 10-K filed February 13, 2026, HA Sustainable Infrastructure Capital, Inc. (HASI) flagged: Operational cybersecurity risk with oversight by Finance and Risk Committee and CISO managing incident response and vulnerability processes. Key-person risk from dependence on CISO with over 20 years cybersecurity leadership experience responsible for risk management and budgeting. (AI summary of the Risk Factors section.)
What did HASI report in its latest 8-K?
HA Sustainable Infrastructure Capital, Inc. (HASI) filed an 8-K on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 2026 results released for quarter ended June 30, 2026.
What are the latest HASI SEC filings?
HA Sustainable Infrastructure Capital, Inc. (HASI) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on June 5, 2026.
What is HASI's SEC CIK number?
HA Sustainable Infrastructure Capital, Inc. (HASI)'s SEC Central Index Key (CIK) is 1561894. EDGAR lists every HASI filing under that number.
Ask anything about HASI
The research agent reads HASI's filings, financials, insider trades and 13F holders, then answers with sources.