HASI posts Q1 2026 GAAP net loss of $72 million while adjusted EPS rises 20% to $0.77
HASI reported a first-quarter 2026 GAAP net loss attributable to controlling stockholders of $72 million, or $(0.57) per diluted share, compared with net income of $57 million a year earlier. The company said the loss was driven by a $79 million loss from equity method investments caused by a timing difference that it says does not affect its economics, while adjusted EPS rose to $0.77 from $0.64 and the company affirmed its 2028 targets.
Key points
- GAAP net loss to controlling stockholders of $72 million, or $(0.57) per diluted share, in Q1 2026, versus $57 million, or $0.44, in Q1 2025.
- Adjusted EPS of $0.77 in Q1 2026, up from $0.64 in Q1 2025; Adjusted Recurring Net Investment Income of $101 million, up 29%.
- Total revenue of $124 million in Q1 2026 versus $97 million in Q1 2025.
- Board approved a quarterly cash dividend of $0.425 per share, payable July 10, 2026, to holders of record as of July 2, 2026.
The filing
Written by AI on Nov 8, 2026, 1:05 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 May 07, 2026.
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.