The financials
Hawaiian Electric Industries, Inc. by the numbers
Hawaiian Electric Industries, Inc. (HE) reported revenue of $746M in Q1 2026 (quarter ended March 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 2026-Q1 was Electric Energy Sales Large Light And Power at $255M, 35% of the disclosed total, just ahead of Electric Energy Sales Residential at 33%.
| 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 | $255M | 35% |
| Electric Energy Sales Residential | $238M | 33% |
| Electric Energy Sales Commercial | $223M | 31% |
| Electric Energy Sales Other | $4.8M | 0.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $720.1M (-9.5%)
Electric Energy Sales Other grew +6.9% year on yearElectric Energy Sales Commercial -5.8% year on year
Segment Latestquarter on quarteryear on year
- Electric Energy Sales Large Light And Power$254.6M$254.6MQoQ -8.6%year on year -2.9%-8.6%-2.9%
- Electric Energy Sales Residential$238.0M$238.0MQoQ -9.1%year on year -0.99%-9.1%-0.99%
- Electric Energy Sales Commercial$222.7M$222.7MQoQ -11%year on year -5.8%-11%-5.8%
- Electric Energy Sales Other$4.8M$4.8MQoQ +12%year on year +6.9%+12%+6.9%
- Electric Utility--QoQ -year on year ---
- Other Sales$0.00$0.00QoQ -year on year ---
- Product And Service Other--QoQ -year on year ---
Utilities - Regulated Electric
Ranks #15 of 37 by Smart Score