HA Sustainable Infrastructure Capital, Inc.

Investors, NEC·ANNAPOLIS, MD·FY end 12/31·CIK 1561894

CEO Pay Ratio

36:1

Jeffrey A. Lipson

CEO Total Comp

$9.6M

Jeffrey A. Lipson

Median Employee

$265,886

Revenue

$400.5M

FY 2025

Net Income

$184.5M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

46.1%

Insider Net (180d)

-$5.3M

0 buys / 2 sales

CEO Pay Accountability

CEO comp as % of net income

5.18%

For every $1,000 of profit, $51.84 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$400.5M	$383.6M	$319.9M	$239.7M	$213.2M
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$184.5M	$200.0M	$148.8M	$41.5M	$126.6M
Operating CF	$167.3M	$5.9M	$99.7M	$230.0K	$13.3M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	46.1%	52.1%	46.5%	17.3%	59.4%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	31.2%	25.6%	17.3%	15.0%	11.9%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Jeffrey A. LipsonDirector, Chief Executive Officer and President	$807.3K	$6.0M	—	$2.7M	$17.5K	$9.6M
Marc T. PangburnSenior Managing Director and Chief Revenue and Strategy Officer	$470.2K	$2.4M	—	$1.4M	$17.5K	$4.4M
Susan D. NickeySenior Managing Director and Chief Client Officer	$440.0K	$1.5M	—	$1.3M	$17.5K	$3.3M
Steven L. ChusloExecutive Vice President and Chief Legal Officer	$414.6K	$1.2M	—	$985.6K	$17.5K	$2.6M
Charles W. MelkoSenior Managing Director and Chief Financial Officer	$397.1K	$725.2K	—	$836.0K	$17.5K	$2.0M
Nitya GopalakrishnanSenior Managing Director and Chief Operating Officer	$192.3K	$562.6K	—	$950.0K	$23.9K	$1.7M