---
schema_version: "secwatch.filing_event.v1"
accession: "0001561894-26-000072"
form_type: "8-K"
ticker: "HASI"
cik: "0001561894"
company_name: "HA Sustainable Infrastructure Capital, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:40:42.504557+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HASI Q1 2026 adj EPS $0.77 (+20% YoY); record adj ROE 15.7%; affirms 2028 guidance

## Summary
- GAAP EPS loss $(0.57) due to tax equity timing; adjusted EPS $0.77, up 20% YoY.
- Adjusted recurring net investment income $101M, up 29% YoY; record adjusted ROE 15.7%.
- Managed assets $16.4B (+13% YoY); closed >$600M transactions at >10.5% yields.
- Issued $1B unsecured notes (coupon ~6.68%); redeemed 8% notes due 2027.
- Affirms 2028 adj EPS guidance $3.50-$3.60, adj ROE >17%, payout ratio <50%.

## SEC filing metadata
- accession: 0001561894-26-000072
- form_type: 8-K
- ticker: HASI
- cik: 0001561894
- company_name: HA Sustainable Infrastructure Capital, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561894/000156189426000072/0001561894-26-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561894/000156189426000072/hasi-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561894-26-000072
- JSON: https://secwatch.observer/filing/0001561894-26-000072.json
- Plain text: https://secwatch.observer/filing/0001561894-26-000072.txt

## Source-grounded claims
- claim_id: ecb975b937d87bcb17771d8b47372e154e4777a9
  claim: HA Sustainable Infrastructure Capital, Inc. reported the quarter ended March 31, 2026 results: net income GAAP Net Income (Loss) $ (71,965), EPS GAAP Diluted earnings (loss) per share (0.57). Guidance reaffirmed.
  evidence_excerpt: of our financial results is detailed in the table below: For the Three Months Ended March 31, 2026 2025 (in thousands, except for per share data) GAAP Net Income (Loss) $ (71,965) $ 56,612 GAAP Diluted earnings (loss) per share (0.57) 0.44 Adjusted earnings 101,747 78,067 Adjusted earnings per share 0.77 0.64 GAAP-based net investment income (loss)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1561894/000156189426000072/0001561894-26-000072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.