HE Q3 2025 Earnings — Hawaiian Electric Industries, Inc. Revenue & Financial Results | Market Cap Arena

HEHawaiian Electric Industries, Inc.

$3B

Q3 2025 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$791M-15.7% YoY

Gross Profit

$52M6.6% margin

Operating Income

$52M6.6% margin

Net Income

$31M3.9% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$6M

Stock-Based Comp.

-$600,000

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$7.2B

Stockholders' Equity

$1.6B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$791M	$938M	-15.7%
Gross Profit	$52M	-$127M	+141.1%
Operating Income	$52M	-$127M	+141.1%
Net Income	$31M	-$104M	+130.0%

Revenue Segments

Electric Energy Sales, Large Light And Power

$278M35%

Electric Energy Sales, Residential

$262M33%

Electric Energy Sales, Commercial

$251M32%

Product and Service, Other

$9M1%

Electric Energy Sales, Other

$4M1%

Other Sales

$3M0%

Regulatory Revenue

-$18M-2%