10-Q quarterly report · filed May 8, 2026

HA Sustainable Infrastructure Capital, Inc. (HASI) Q1 2026 10-Q Quarterly Report

Short answer

HA Sustainable Infrastructure Capital, Inc. (HASI) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $124M (up 28.1% year over year) with net income of −$72M.

Q1 2026 key financials · XBRL

Revenue
$124M
+28.1% YoY
Net income
−$72M
−227.1% YoY
EPS (diluted)
−$0.57
−229.5% YoY

Source: XBRL data from the HA Sustainable Infrastructure Capital, Inc. (HASI) Q1 2026 10-Q on SEC EDGAR. USD.

HA Sustainable Infrastructure Capital, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Total revenue $124.2M, up 28% YoY from $96.9M
  • Net loss $73.7M vs $58.2M net income; equity-method loss $79.3M vs $88.0M income
  • Interest and rental income $82.7M, up 24% from $66.5M; origination income strongest growth, up 89% to $9.1M
  • Portfolio $7.6B, including BTM $3.8B, GC $2.6B, and FTN $1.2B
  • Transactions $637M vs $706M YoY; pipeline above $6.5B, with interest expense headwinds from note redemption and higher-cost debt

Risk Factors

  • Leadership transition risk: Marc Pangburn becomes Strategic Advisor effective May 11, 2026
  • Key-person retention risk: Pangburn’s consulting arrangement runs through March 5, 2028
  • Equity compensation risk: 2026 LTIP Units granted to Pangburn will be forfeited
  • Debt financing risk: 7.125% Green Junior Subordinated Notes due 2056 issued February 27, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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