Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
Income Statement
Earnings Waterfall
Hannon Armstrong Sustainable Infrastructure Capital Inc
Income Statement
Hannon Armstrong Sustainable Infrastructure Capital Inc
| Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
14
N/A
|
17
+21%
|
22
+29%
|
19
-16%
|
24
+31%
|
31
+26%
|
37
+21%
|
41
+12%
|
45
+9%
|
50
+10%
|
52
+5%
|
55
+6%
|
59
+6%
|
65
+11%
|
74
+13%
|
78
+5%
|
81
+5%
|
85
+4%
|
91
+8%
|
98
+8%
|
106
+8%
|
110
+3%
|
118
+7%
|
127
+8%
|
139
+10%
|
145
+4%
|
139
-4%
|
143
+2%
|
142
-1%
|
149
+5%
|
167
+12%
|
176
+6%
|
187
+6%
|
198
+6%
|
208
+5%
|
208
+0%
|
213
+2%
|
220
+3%
|
224
+2%
|
235
+5%
|
240
+2%
|
250
+4%
|
262
+5%
|
292
+11%
|
320
+10%
|
357
+11%
|
483
+35%
|
475
-2%
|
384
-19%
|
481
+25%
|
366
-24%
|
387
+6%
|
401
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
(2)
|
(4)
|
(7)
|
(10)
|
(11)
|
(13)
|
(14)
|
(17)
|
(19)
|
(22)
|
(24)
|
(26)
|
(32)
|
(36)
|
(40)
|
(45)
|
(48)
|
(52)
|
(59)
|
(66)
|
(70)
|
(74)
|
(76)
|
(77)
|
(74)
|
(69)
|
(66)
|
(64)
|
(67)
|
(74)
|
(83)
|
(92)
|
(102)
|
(120)
|
(122)
|
(122)
|
(121)
|
(109)
|
(111)
|
(116)
|
(126)
|
(137)
|
(151)
|
(171)
|
(196)
|
(277)
|
(293)
|
(242)
|
(307)
|
(265)
|
(277)
|
(292)
|
|
| Gross Profit |
0
N/A
|
1
N/A
|
4
+376%
|
8
+133%
|
15
+73%
|
20
+34%
|
24
+24%
|
27
+12%
|
29
+5%
|
31
+7%
|
31
0%
|
31
+2%
|
32
+4%
|
34
+4%
|
37
+10%
|
37
+0%
|
36
-3%
|
37
+2%
|
39
+6%
|
39
+1%
|
41
+3%
|
39
-3%
|
44
+11%
|
51
+16%
|
63
+23%
|
71
+14%
|
70
-1%
|
77
+9%
|
77
+1%
|
82
+7%
|
93
+13%
|
93
+0%
|
95
+2%
|
96
+2%
|
88
-9%
|
87
-1%
|
92
+6%
|
99
+8%
|
115
+16%
|
124
+8%
|
124
+0%
|
124
+0%
|
125
+0%
|
141
+13%
|
149
+6%
|
161
+8%
|
205
+28%
|
181
-12%
|
141
-22%
|
173
+23%
|
101
-42%
|
110
+9%
|
108
-1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(8)
|
(10)
|
(19)
|
(15)
|
(28)
|
(28)
|
(25)
|
(27)
|
(16)
|
(22)
|
(20)
|
(22)
|
(24)
|
(25)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(32)
|
(33)
|
(35)
|
(41)
|
(43)
|
(43)
|
(52)
|
(52)
|
(54)
|
(59)
|
(55)
|
(63)
|
(70)
|
(73)
|
(76)
|
(73)
|
(75)
|
(95)
|
(95)
|
(106)
|
(112)
|
(99)
|
(113)
|
(107)
|
(111)
|
(142)
|
(135)
|
(115)
|
(153)
|
(123)
|
(134)
|
(135)
|
|
| Selling, General & Administrative |
(8)
|
(10)
|
(18)
|
(15)
|
(16)
|
(17)
|
(13)
|
(15)
|
(16)
|
(19)
|
(20)
|
(21)
|
(23)
|
(24)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(32)
|
(33)
|
(35)
|
(41)
|
(43)
|
(43)
|
(44)
|
(44)
|
(45)
|
(48)
|
(50)
|
(53)
|
(60)
|
(65)
|
(69)
|
(73)
|
(75)
|
(87)
|
(91)
|
(93)
|
(98)
|
(92)
|
(94)
|
(96)
|
(99)
|
(134)
|
(135)
|
(114)
|
(149)
|
(115)
|
(124)
|
(123)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
(11)
|
(11)
|
(11)
|
(11)
|
(0)
|
(3)
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(9)
|
(11)
|
(6)
|
(10)
|
(10)
|
(8)
|
(7)
|
(1)
|
(1)
|
(8)
|
(4)
|
(13)
|
(14)
|
(7)
|
(19)
|
(12)
|
(12)
|
(9)
|
(0)
|
(1)
|
(5)
|
(8)
|
(10)
|
(12)
|
|
| Operating Income |
6
N/A
|
5
-19%
|
(1)
N/A
|
(4)
-419%
|
(13)
-255%
|
(9)
+32%
|
(1)
+89%
|
0
N/A
|
12
+3 518%
|
9
-26%
|
10
+13%
|
9
-12%
|
8
-8%
|
9
+9%
|
10
+10%
|
10
+1%
|
9
-12%
|
9
+1%
|
10
+15%
|
9
-9%
|
10
+3%
|
8
-21%
|
10
+37%
|
15
+46%
|
22
+43%
|
28
+27%
|
27
-3%
|
24
-9%
|
26
+7%
|
29
+11%
|
34
+18%
|
38
+11%
|
32
-15%
|
26
-19%
|
15
-43%
|
10
-29%
|
18
+73%
|
24
+31%
|
20
-16%
|
29
+46%
|
18
-38%
|
12
-31%
|
26
+107%
|
28
+7%
|
41
+50%
|
50
+21%
|
63
+26%
|
46
-26%
|
26
-44%
|
20
-23%
|
(22)
N/A
|
(25)
-10%
|
(27)
-11%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
1
|
1
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
3
|
6
|
10
|
17
|
23
|
22
|
16
|
18
|
23
|
22
|
29
|
26
|
20
|
64
|
76
|
68
|
79
|
48
|
86
|
109
|
85
|
126
|
120
|
78
|
115
|
31
|
6
|
28
|
0
|
141
|
277
|
460
|
434
|
248
|
336
|
308
|
456
|
301
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
7
N/A
|
6
-17%
|
0
-97%
|
(4)
N/A
|
(13)
-211%
|
(9)
+32%
|
(1)
+89%
|
0
N/A
|
10
+2 782%
|
9
-8%
|
9
-5%
|
8
-12%
|
8
+9%
|
9
+13%
|
12
+24%
|
13
+11%
|
15
+17%
|
19
+27%
|
28
+46%
|
32
+17%
|
32
-1%
|
23
-27%
|
28
+21%
|
38
+33%
|
44
+16%
|
57
+29%
|
53
-7%
|
45
-16%
|
90
+102%
|
105
+17%
|
102
-3%
|
116
+14%
|
80
-31%
|
112
+40%
|
123
+11%
|
95
-23%
|
145
+51%
|
143
-1%
|
97
-32%
|
144
+48%
|
49
-66%
|
19
-62%
|
54
+189%
|
28
-48%
|
182
+555%
|
327
+79%
|
523
+60%
|
480
-8%
|
274
-43%
|
356
+30%
|
286
-20%
|
432
+51%
|
273
-37%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
(1)
|
0
|
(8)
|
(12)
|
(10)
|
(12)
|
3
|
(2)
|
(9)
|
(6)
|
(17)
|
(21)
|
(11)
|
(19)
|
(7)
|
2
|
(1)
|
12
|
(32)
|
(76)
|
(135)
|
(133)
|
(70)
|
(94)
|
(76)
|
(117)
|
(85)
|
|
| Income from Continuing Operations |
7
|
6
|
0
|
(4)
|
(13)
|
(9)
|
0
|
1
|
10
|
9
|
8
|
7
|
8
|
9
|
11
|
13
|
15
|
19
|
27
|
32
|
31
|
23
|
28
|
36
|
42
|
57
|
52
|
45
|
82
|
93
|
92
|
104
|
83
|
110
|
114
|
90
|
127
|
122
|
87
|
125
|
42
|
21
|
53
|
40
|
151
|
251
|
389
|
348
|
204
|
262
|
210
|
314
|
188
|
|
| Income to Minority Interest |
0
|
1
|
2
|
2
|
2
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(2)
|
(3)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(6)
|
(4)
|
|
| Net Income (Common) |
7
N/A
|
7
N/A
|
2
-69%
|
(2)
N/A
|
(11)
-382%
|
(8)
+24%
|
(1)
+93%
|
0
N/A
|
9
+17 500%
|
8
-10%
|
6
-18%
|
6
-9%
|
7
+12%
|
7
+13%
|
10
+30%
|
11
+11%
|
13
+19%
|
17
+31%
|
25
+50%
|
30
+18%
|
29
-3%
|
21
-29%
|
26
+24%
|
34
+33%
|
40
+16%
|
55
+38%
|
50
-8%
|
43
-14%
|
80
+86%
|
91
+13%
|
90
-1%
|
102
+14%
|
82
-20%
|
108
+33%
|
112
+4%
|
88
-21%
|
126
+43%
|
120
-4%
|
86
-29%
|
123
+44%
|
41
-67%
|
20
-52%
|
51
+162%
|
38
-26%
|
148
+287%
|
246
+67%
|
382
+55%
|
340
-11%
|
199
-42%
|
255
+28%
|
203
-20%
|
306
+50%
|
185
-40%
|
|
| EPS (Diluted) |
0
N/A
|
0.46
N/A
|
0.13
-72%
|
-0.14
N/A
|
-0.68
-386%
|
-0.49
+28%
|
-0.02
+96%
|
0
N/A
|
0.43
N/A
|
0.3
-30%
|
0.21
-30%
|
0.18
-14%
|
0.21
+17%
|
0.19
-10%
|
0.27
+42%
|
0.25
-7%
|
0.32
+28%
|
0.35
+9%
|
0.5
+43%
|
0.58
+16%
|
0.58
N/A
|
0.39
-33%
|
0.47
+21%
|
0.65
+38%
|
0.75
+15%
|
0.85
+13%
|
0.75
-12%
|
0.65
-13%
|
1.24
+91%
|
1.24
N/A
|
1.22
-2%
|
1.34
+10%
|
1.1
-18%
|
1.24
+13%
|
1.48
+19%
|
1.11
-25%
|
1.43
+29%
|
1.35
-6%
|
0.98
-27%
|
1.35
+38%
|
0.47
-65%
|
0.21
-55%
|
0.51
+143%
|
0.34
-33%
|
1.35
+297%
|
1.87
+39%
|
3.1
+66%
|
2.91
-6%
|
1.52
-48%
|
1.84
+21%
|
1.47
-20%
|
2.19
+49%
|
1.34
-39%
|
|