Income Statement - HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,086.90 | 3,219.85 | 3,287.50 | 3,420.92 | 2,850.38 | 2,579.78 | 2,873.95 | 2,860.85 | 2,555.63 | 2,380.65 | 2,602.98 | 3,239.54 | 3,238.47 | 3,375.00 | 3,242.34 | 2,664.98 | 2,309.59 | 3,218.92 | 2,536.42 | 2,460.90 |
| Cost of revenue | 2,851.57 | 4,926.61 | 2,660.45 | 2,792.22 | 2,173.47 | 2,011.08 | 2,247.17 | 2,527.49 | 2,217.33 | 2,032.48 | 2,280.43 | 2,910.62 | 2,923.05 | 3,090.80 | 2,952.64 | 2,408.77 | 1,865.34 | 2,668.99 | 1,975.73 | 1,888.17 |
| Gross profit | 235.32 | -1,706.76 | 627.05 | 628.69 | 676.91 | 568.70 | 626.78 | 333.36 | 338.29 | 348.18 | 322.55 | 328.92 | 315.42 | 284.20 | 289.70 | 256.21 | 444.25 | 549.93 | 560.69 | 572.73 |
| Total operating expenses | 2,851.57 | 2,284.38 | 352.06 | 349.14 | 290.85 | 257.21 | 278.76 | -4.92 | -12.48 | -8.33 | -6.93 | -6.77 | -5.56 | -7.01 | 2,953.00 | 2,409.00 | 256.59 | 345.77 | 356.96 | 333.34 |
| Operating income | 235.32 | -1,706.76 | 274.99 | 279.56 | 386.07 | 311.49 | 348.02 | 333.36 | 338.29 | 348.18 | 322.55 | 328.92 | 315.42 | 284.20 | 289.70 | 256.21 | 187.66 | 204.16 | 203.73 | 239.40 |
| Non-operating income (net) | -68.39 | -84.84 | -94.58 | -79.49 | -77.09 | -72.76 | -78.50 | -78.90 | -61.71 | 25.67 | -67.77 | -67.00 | -67.67 | -66.79 | -73.64 | -72.96 | -58.84 | -64.90 | -72.68 | -68.34 |
| Income before tax | 166.93 | -1,791.60 | 180.41 | 200.06 | 308.97 | 238.73 | 269.52 | 254.46 | 276.58 | 373.84 | 254.79 | 261.92 | 247.75 | 217.41 | 216.05 | 183.25 | 128.82 | 139.26 | 131.06 | 171.06 |
| Income tax expense | 40.65 | -470.96 | 34.53 | 38.92 | 62.81 | 40.91 | 51.64 | 50.80 | 109.39 | 123.70 | 93.02 | 91.71 | 84.34 | 76.86 | 75.93 | 67.82 | 43.92 | 48.98 | 46.28 | 63.05 |
| Net income | 126.28 | -1,424.12 | 199.24 | 241.14 | 246.17 | 197.82 | 217.88 | 203.66 | 167.19 | 250.15 | 161.77 | 170.21 | 163.41 | 140.55 | 140.12 | 115.43 | 83.01 | 90.28 | 84.78 | 108.00 |
Show Quarterly Income Statement
Income Statement - HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 746.45 | 805.82 | 790.61 | 746.39 | 744.07 | 486.95 | 938.38 | 795.42 | 792.01 | 561.71 | 901.87 | 895.69 | 928.24 | 1,019.11 | 1,042.20 | 895.61 | 785.07 | 770.27 | 756.90 | 680.26 | 642.95 | 652.22 | 641.43 | 608.95 | 677.19 | 725.97 | 771.54 | 715.49 | 661.62 | 761.65 | 768.05 | 685.28 | 645.87 | 658.60 | 673.19 | 632.28 | 591.56 | 617.40 | 646.06 | 566.24 | 550.96 | 624.03 | 717.18 | 623.91 | 637.86 | 790.04 | 867.10 | 798.66 | 783.75 | 826.45 | 831.23 | 796.73 | 784.06 | 838.15 | 867.72 | 854.27 | 814.86 | 851.03 | 886.36 | 794.32 | 710.63 | 695.74 | 694.54 | 655.66 | 619.04 | 619.58 | 620.31 | 525.90 | 543.80 | 799.82 | 915.43 | 774.06 | 729.62 | 708.17 | 673.46 | 600.76 | 554.02 | 607.08 | 673.89 | 604.97 | 574.96 |
| Cost of revenue | 693.07 | 738.72 | 738.56 | 692.65 | 681.65 | 424.61 | 1,064.93 | 2,457.01 | 650.82 | 478.15 | 731.18 | 711.28 | 739.83 | 819.43 | 940.08 | 719.31 | 606.66 | 681.41 | 659.59 | 578.40 | 544.92 | 571.54 | 541.87 | 537.39 | 617.48 | 625.17 | 674.23 | 642.85 | 583.68 | 677.05 | 669.98 | 606.48 | 573.99 | 573.61 | 563.64 | 556.39 | 523.70 | 528.97 | 540.61 | 480.79 | 482.11 | 540.81 | 620.08 | 551.18 | 568.36 | 722.80 | 775.99 | 716.38 | 695.44 | 754.15 | 741.13 | 714.36 | 713.41 | 800.88 | 776.02 | 774.86 | 739.04 | 782.86 | 791.87 | 730.66 | 647.26 | 636.50 | 621.91 | 592.03 | 558.33 | 323.68 | 551.67 | 490.85 | 499.14 | 687.42 | 775.94 | 632.73 | 572.91 | 540.87 | 536.25 | 463.92 | 434.69 | 473.39 | 521.19 | 464.12 | 293.06 |
| Gross profit | 53.38 | 67.11 | 52.05 | 53.75 | 62.42 | 62.34 | -126.55 | -1,661.59 | 141.20 | 83.56 | 170.69 | 184.40 | 188.40 | 199.69 | 102.12 | 176.30 | 178.41 | 88.86 | 97.32 | 101.86 | 98.03 | 80.67 | 99.56 | 71.56 | 59.70 | 100.80 | 97.31 | 72.63 | 77.94 | 84.60 | 98.06 | 78.80 | 71.89 | 84.99 | 109.55 | 75.90 | 67.86 | 88.43 | 105.44 | 85.46 | 68.85 | 83.22 | 97.10 | 72.73 | 69.51 | 67.24 | 91.10 | 82.28 | 88.31 | 72.29 | 90.10 | 82.37 | 70.66 | 37.27 | 91.70 | 79.41 | 75.82 | 68.17 | 94.49 | 63.66 | 63.38 | 59.24 | 72.63 | 63.63 | 60.71 | 295.90 | 68.64 | 35.06 | 44.66 | 112.40 | 139.49 | 141.33 | 156.71 | 167.30 | 137.21 | 136.84 | 119.34 | 133.69 | 152.71 | 140.85 | 281.90 |
| Total operating expenses | 693.07 | 738.72 | 88.36 | 692.65 | 681.65 | 4.56 | -1,064.93 | 4.69 | 90.31 | 70.17 | 95.58 | 5.22 | 94.89 | 106.67 | -3.59 | 89.63 | 79.13 | -3.68 | -3.49 | -3.59 | -4.63 | -1.97 | -1.25 | -1.26 | -2.02 | -2.02 | -3.25 | -3.18 | -2.91 | -1.35 | -1.96 | -2.98 | -3.29 | -3.58 | -3.48 | -3.03 | -2.40 | -2.32 | -2.27 | -2.00 | -1.74 | -1.56 | -2.06 | -1.90 | -1.41 | -1.84 | -1.94 | -1.39 | -1.61 | -1.53 | -1.26 | -1.56 | -1.22 | -1.46 | -1.61 | -2.00 | -1.94 | 783.00 | 792.00 | 731.00 | 647.00 | 636.00 | 622.00 | 592.00 | 558.00 | 256.59 | 552.00 | 491.00 | 170.96 | 74.72 | 65.36 | 119.73 | 85.97 | 85.44 | 89.20 | 91.53 | 90.80 | 90.53 | 86.35 | 80.12 | 505.81 |
| Operating income | 53.38 | 67.11 | 52.05 | 53.75 | 62.42 | 62.34 | -126.55 | -1,661.59 | 50.89 | 13.38 | 75.11 | 179.18 | 93.52 | 93.01 | 102.12 | 86.67 | 99.28 | 88.86 | 97.32 | 101.86 | 98.03 | 80.67 | 99.56 | 71.56 | 59.70 | 100.80 | 97.31 | 72.63 | 77.94 | 84.60 | 98.06 | 78.80 | 71.89 | 84.99 | 109.55 | 75.90 | 67.86 | 88.43 | 105.44 | 85.46 | 68.85 | 83.22 | 97.10 | 72.73 | 69.51 | 67.24 | 91.10 | 82.28 | 88.31 | 72.29 | 90.10 | 82.37 | 70.66 | 37.27 | 91.70 | 79.41 | 75.82 | 68.17 | 94.49 | 63.66 | 63.38 | 59.24 | 72.63 | 63.63 | 60.71 | 39.31 | 68.64 | 35.06 | 44.66 | 37.68 | 74.13 | 21.60 | 70.75 | 81.87 | 48.02 | 45.31 | 28.54 | 43.16 | 66.36 | 60.73 | 69.15 |
| Non-operating income (net) | -14.79 | -13.64 | -12.10 | -13.77 | -28.88 | -16.69 | -22.69 | -23.59 | -22.90 | 37.79 | -26.47 | -110.29 | -23.69 | -22.89 | -22.21 | -20.92 | -12.27 | -19.29 | -19.17 | -18.91 | -17.84 | -19.50 | -20.04 | -11.33 | -20.01 | -18.81 | -18.62 | -19.94 | -19.90 | -20.23 | -20.83 | -19.22 | -18.61 | -14.76 | -14.41 | -16.27 | -16.28 | -15.83 | 73.76 | -14.54 | -17.73 | -17.81 | -16.44 | -16.33 | -17.19 | -15.16 | -16.49 | -18.11 | -17.23 | -13.62 | -18.55 | -17.66 | -17.84 | -16.03 | -17.72 | -17.31 | -15.73 | -15.24 | -17.72 | -22.31 | -18.38 | -17.93 | -19.33 | -17.88 | -17.83 | -18.24 | -15.93 | -12.06 | -12.61 | -15.70 | -16.42 | -15.72 | -17.06 | -17.48 | -18.07 | -17.97 | -19.15 | -17.63 | -16.07 | -17.30 | -17.34 |
| Income before tax | 38.59 | 53.47 | 39.95 | 39.98 | 33.54 | 45.65 | -149.23 | -1,685.17 | 27.98 | 51.17 | 48.64 | 68.89 | 69.83 | 70.12 | 79.91 | 65.74 | 87.01 | 69.57 | 78.15 | 82.94 | 80.20 | 61.18 | 79.52 | 60.23 | 39.70 | 81.98 | 78.69 | 52.69 | 58.04 | 64.37 | 77.23 | 59.58 | 53.28 | 70.23 | 95.14 | 59.63 | 51.58 | 72.60 | 179.21 | 70.91 | 51.13 | 65.41 | 80.66 | 56.40 | 52.32 | 52.08 | 74.61 | 64.16 | 71.07 | 58.67 | 71.55 | 64.72 | 52.81 | 21.24 | 73.98 | 62.10 | 60.09 | 52.93 | 76.77 | 41.35 | 45.00 | 41.32 | 53.31 | 45.75 | 42.88 | 21.07 | 52.71 | 22.99 | 32.05 | 21.98 | 57.71 | 5.88 | 53.69 | 64.38 | 29.95 | 27.34 | 9.39 | 25.53 | 50.29 | 43.43 | 51.81 |
| Income tax expense | 8.14 | 12.11 | 8.73 | 13.42 | 6.40 | 9.94 | -45.30 | -435.95 | 6.80 | 2.38 | 7.52 | 14.28 | 15.11 | 12.77 | 17.35 | 13.20 | 17.84 | 14.58 | 14.27 | 18.60 | 15.37 | 10.22 | 14.02 | 10.87 | 5.80 | 15.25 | 14.80 | 9.71 | 11.88 | 14.32 | 10.86 | 13.06 | 12.56 | 37.39 | 34.60 | 20.49 | 16.92 | 27.49 | 51.59 | 26.31 | 18.30 | 22.62 | 29.52 | 20.91 | 19.98 | 18.45 | 26.32 | 22.27 | 24.67 | 19.18 | 22.84 | 23.65 | 18.66 | 6.93 | 25.80 | 22.82 | 21.30 | 18.23 | 27.89 | 13.74 | 16.06 | 16.15 | 20.39 | 16.01 | 15.28 | 6.95 | 18.75 | 7.04 | 11.18 | 8.09 | 20.43 | 0.75 | 19.72 | 23.80 | 10.07 | 9.79 | 2.62 | 9.41 | 17.96 | 16.21 | 19.47 |
| Net income | 30.45 | 41.36 | 31.22 | 26.56 | 27.14 | -67.77 | -103.93 | -1,295.01 | 42.12 | 48.79 | 41.12 | 54.61 | 54.72 | 57.35 | 62.55 | 52.54 | 69.17 | 54.99 | 63.89 | 64.35 | 64.83 | 50.96 | 65.50 | 49.36 | 33.89 | 66.74 | 63.42 | 42.51 | 45.69 | 49.57 | 65.90 | 46.05 | 40.25 | 32.37 | 60.07 | 38.66 | 34.19 | 44.63 | 127.14 | 44.13 | 32.35 | 42.32 | 50.67 | 35.02 | 31.87 | 33.16 | 47.81 | 41.28 | 45.79 | 39.01 | 48.24 | 40.59 | 33.68 | 13.84 | 47.71 | 38.80 | 38.32 | 34.23 | 48.40 | 27.14 | 28.46 | 24.70 | 32.45 | 29.26 | 27.13 | 12.24 | 33.48 | 15.48 | 20.40 | 13.89 | 37.28 | 5.14 | 33.97 | 40.59 | 19.88 | 17.55 | 6.76 | 16.12 | 32.32 | 27.22 | 32.34 |