HASI Q2 GAAP EPS rises to $0.74; adjusted EPS falls to $0.60
HASI reported second-quarter 2025 results on August 7, 2025, with GAAP diluted EPS of $0.74, up from $0.23 a year earlier, while adjusted EPS fell to $0.60 from $0.63. Total revenue declined to $85.7 million from $94.5 million, and the company reaffirmed its guidance for 8% to 10% compound annual adjusted EPS growth through 2027 and declared a $0.42 quarterly dividend. For shareholders, the GAAP gain reflected higher equity method income, while adjusted EPS and revenue moved lower.
Key points
- GAAP diluted EPS was $0.74 in Q2 2025 versus $0.23 in Q2 2024; adjusted EPS was $0.60 versus $0.63, which the company attributed to higher shares outstanding.
- Adjusted recurring net investment income was $85 million in Q2 2025, up 25% from Q2 2024.
- Total revenue was $85.7 million versus $94.5 million a year earlier; gain on sale of assets was $7.8 million versus $25.8 million.
- Adjusted EPS growth guidance of 8% to 10% compound annual rate through 2027 was reaffirmed; the $0.42 quarterly dividend is payable October 17, 2025, to holders of record as of October 3, 2025.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.