HE Q4 2025 Earnings — Hawaiian Electric Industries, Inc. Revenue & Financial Results | Market Cap Arena

HEHawaiian Electric Industries, Inc.

$3B

Q4 2025 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$806M+65.5% YoY

Gross Profit

$67M8.3% margin

Operating Income

$67M8.3% margin

Net Income

$41M5.1% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

$21M

Stock-Based Comp.

$754,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$364M

Stockholders' Equity

$1.6B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$806M	$487M	+65.5%
Gross Profit	$67M	$62M	+7.6%
Operating Income	$67M	$62M	+7.6%
Net Income	$41M	-$68M	+161.0%

Revenue Segments

Electric Energy Sales, Large Light And Power

$278M35%

Electric Energy Sales, Residential

$257M32%

Electric Energy Sales, Commercial

$247M31%

Product and Service, Other

$12M1%

Electric Energy Sales, Other

$5M1%

Regulatory Revenue

$4M1%

Other Sales

$3M0%