Hawaiian Electric Industries, Inc. (HE) Financials
Key financial figures for Hawaiian Electric Industries, Inc. (Q2 2026).
Hawaiian Electric reported GAAP net income of $123.2 million ($0.71 diluted EPS) in Q2 2026, largely reflecting a $101 million non-cash gain from remeasuring the remaining Maui wildfire settlement liability, while core (non-GAAP) net income excluding wildfire items was $22.5 million ($0.13 core diluted EPS). GAAP net income of $123.2 million ($0.71 diluted EPS) vs. $26.1 million ($0.15 diluted EPS) in Q2 2025, driven mainly by a $101 million non-cash gain from remeasuring the remaining Maui windstorm and wildfire settlement liability. Core (non-GAAP) net income, which excludes wildfire-related items, was $22.5 million ($0.13 core diluted EPS), down from $35.4 million ($0.20 core diluted EPS) in the year-ago quarter. Total revenues were $939.7 million, up from $746.4 million in Q1 2026 and $746.4 million in Q2 2025. Figures are for Q2 2026, as Hawaiian Electric Industries Inc reported them.
- Revenue
- $940M
- Net Income
- $123M
- EPS
- $0.71
- Total Assets
- $8.4B
- Operating Cash Flow
- -$411M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $940M | $123M | $0.71 | 21.73% | -$550M |
| Q1 FY2026 | $746M | $30M | $0.18 | 7.15% | -$43M |
| Q4 FY2025 | $806M | $41M | $0.23 | 8.33% | $21M |
| Q3 FY2025 | $791M | $31M | $0.18 | 6.58% | $6M |
| Q2 FY2025 | $746M | $27M | $0.15 | 7.2% | $60M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $3.1B | $126M | $0.71 | 7.62% | $50M |
| FY2024 | $3.2B | -$1.4B | -$11.23 | -53.01% | $136M |
| FY2023 | $3.3B | $199M | $1.81 | 8.36% | $109M |
Frequently asked questions
What was Hawaiian Electric Industries Inc's revenue last quarter?
Hawaiian Electric Industries Inc reported revenue of $939.7 million for Q2 FY2026, up 25.9% from the same period a year earlier.
Is Hawaiian Electric Industries Inc profitable?
Yes. Hawaiian Electric Industries Inc reported net income of $123.2 million for Q2 FY2026, a net margin of 13.11% on revenue.
How has Hawaiian Electric Industries Inc's margin trended?
Operating margin was 21.73% in Q2 FY2026, compared with 7.2% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Hawaiian Electric Industries Inc generate?
Hawaiian Electric Industries Inc generated free cash flow of -$550.0 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Hawaiian Electric Industries, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.