HAWAIIAN ELECTRIC INDUSTRIES INCHEEarnings & Financial Report
Hawaiian Electric Industries, Inc. (HEI) is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai and Molakai.
HE Q3 2025 Key Financial Metrics
Revenue
$790.6M
Gross Profit
N/A
Operating Profit
$52.0M
Net Profit
$31.2M
Gross Margin
N/A
Operating Margin
6.6%
Net Margin
3.9%
YoY Growth
-15.7%
EPS
$0.18
Financial Flow
HAWAIIAN ELECTRIC INDUSTRIES INC Q3 2025 Financial Summary
HAWAIIAN ELECTRIC INDUSTRIES INC reported revenue of $790.6M for Q3 2025, with a net profit of $31.2M (3.9% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $790.6M |
|---|---|
| Net Profit | $31.2M |
| Gross Margin | N/A |
| Operating Margin | 6.6% |
| Report Period | Q3 2025 |
HAWAIIAN ELECTRIC INDUSTRIES INC Annual Revenue by Year
HAWAIIAN ELECTRIC INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $3.2B |
| 2023 | $3.7B |
| 2022 | $3.7B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $956.4M | $897.2M | $897.4M | $938.4M | $486.9M | $744.1M | $746.4M | $790.6M |
| YoY Growth | -6.2% | -3.3% | 0.2% | 4.0% | -49.1% | -17.1% | -16.8% | -15.7% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $17.24B | $16.92B | $17.06B | $17.73B | $8.93B | $8.77B | $8.32B | $8.81B |
| Liabilities | $14.86B | $14.51B | $15.94B | $16.12B | $7.42B | $7.23B | $6.76B | $7.22B |
| Equity | $2.34B | $2.38B | $1.09B | $1.58B | $1.48B | $1.51B | $1.53B | $1.56B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $76.3M | $124.6M | $68.8M | $157.5M | $136.6M | $49.7M | $134.8M | $100.3M |