HA Sustainable Infrastructure Capital (HASI) Operating Expenses (2011 - 2026)
HA Sustainable Infrastructure Capital (HASI) recorded quarterly Operating Expenses of $10.2 million in Q1 2026, up 19.94% quarter-over-quarter from $8.5 million in Q4 2025, and up 8.4% on a YoY basis from $9.4 million in Q1 2025.
HA Sustainable Infrastructure Capital (HASI) Operating Expenses (2011 - 2026) Analysis & Trends
HA Sustainable Infrastructure Capital's Operating Expenses history runs 16 years deep, the most recent figure standing at $10.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.4% year-over-year to $10.2 million; the TTM figure through Mar 2026 stood at $31.5 million (down 5.31% YoY), while the FY2025 annual figure was $30.7 million, down 6.77% from the prior year.
- Operating Expenses was $10.2 million for Q1 2026 at HA Sustainable Infrastructure Capital, up from $8.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $10.2 million in Q1 2026 to a low of $6.3 million in Q3 2025.
- Historically, Operating Expenses has averaged $7.9 million across 5 years, with a median of $8.0 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 64.18% in 2022, then declined 21.2% in 2024.
- A 5-year view of Operating Expenses shows it stood at $7.2 million in 2022, then decreased by 10.79% to $6.5 million in 2023, then soared by 37.9% to $8.9 million in 2024, then slipped by 4.81% to $8.5 million in 2025, then grew by 19.94% to $10.2 million in 2026.
- The last three Operating Expenses figures came in at $10.2 million (Q1 2026), $8.5 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | HA Sustainable Infrastructure Capital | 4.96 Bn | 4.92 Bn | - | 10.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.17 Mn |
| Dec 31, 2025 | 8.48 Mn |
| Sep 30, 2025 | 6.33 Mn |
| Jun 30, 2025 | 6.50 Mn |
| Mar 31, 2025 | 9.38 Mn |
| Dec 31, 2024 | 8.90 Mn |
| Sep 30, 2024 | 6.99 Mn |
| Jun 30, 2024 | 7.96 Mn |
| Mar 31, 2024 | 9.05 Mn |
| Dec 31, 2023 | 6.46 Mn |
| Sep 30, 2023 | 6.71 Mn |
| Jun 30, 2023 | 10.10 Mn |
| Mar 31, 2023 | 8.02 Mn |
| Dec 31, 2022 | 7.24 Mn |
| Sep 30, 2022 | 8.15 Mn |
| Jun 30, 2022 | 7.41 Mn |
| Mar 31, 2022 | 7.14 Mn |
| Dec 31, 2021 | 5.09 Mn |
| Sep 30, 2021 | 4.96 Mn |
| Jun 30, 2021 | 4.97 Mn |