The financials
Hawaiian Electric Industries, Inc. by the numbers
Hawaiian Electric Industries, Inc. (HE) reported revenue of $746M in Q1 2026 (quarter ended Mar 31, 2026), up 0.3% from the same quarter a year earlier. That came with net income of $30M (4.1% of revenue). For the full year FY2025, revenue was $3.09B (−4.1% year on year) and net income $126M. Its largest product in Jun 2026 was Electric Energy Sales Large Light And Power at $342M, 37% of the disclosed total, just ahead of Electric Energy Sales Commercial at 31%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $746M | $744M | +0.3% |
| Operating income | $53M | $62M | −14% |
| Net income | $30M | $27M | +12% |
| Diluted EPS | $0.18 | $0.15 | +20% |
| Product | Revenue | Share |
|---|---|---|
| Electric Energy Sales Large Light And Power | $342M | 37% |
| Electric Energy Sales Commercial | $289M | 31% |
| Electric Energy Sales Residential | $287M | 31% |
| Electric Energy Sales Other | $5.1M | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $922.7M (+28%)
Electric Energy Sales Large Light And Power grew +31% year on yearElectric Energy Sales Other +21% year on year
Segment Latestquarter on quarteryear on year
- Electric Energy Sales Large Light And Power$341.8M$341.8MQoQ +34%year on year +31%+34%+31%
- Electric Energy Sales Commercial$288.9M$288.9MQoQ +30%year on year +22%+30%+22%
- Electric Energy Sales Residential$286.9M$286.9MQoQ +21%year on year +23%+21%+23%
- Electric Energy Sales Other$5.1M$5.1MQoQ +6.0%year on year +21%+6.0%+21%
- Other Sales$0.00$0.00QoQ -year on year ---
Utilities - Regulated Electric
Ranks #12 of 15 by Smart Score