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Hawaiian Electric Industries, Inc. (HE) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Utilities · Utilities - Regulated Electric · DATA UPDATED 2026-07-09

Hawaiian Electric Industries, Inc. (HE) operates in the Utilities - Regulated Electric industry and is headquartered in Honolulu, United States with about 2,659 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, HE reported $3.1B in revenue and $126M in net income.

Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business.

Interactive charts & full statements → Open the HE valuation workbench →

HE Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$3.1B$3.2B$3.3B$3.4B
Gross Profit$235M($1.7B)$275M$280M
Operating Income (EBIT)$235M($1.7B)$275M$280M
Net Income$126M($1.4B)$201M$243M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$746M$806M$791M$746M$744M
Gross Profit$53M$67M$52M$54M$62M
Operating Income (EBIT)$53M$67M$52M$54M$62M
Net Income$30M$41M$31M$27M$27M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HE Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($2M)($2M)($76M)($113M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid$0M$20M($10M)($10M)($0M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HE Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$8.9B$8.9B$17.2B$16.3B
Total Liabilities$7.3B$7.4B$14.9B$14.1B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive HE viewer.

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