Hawaiian Electric Industries (HE)
Runs regulated electric grids across five Hawaiian islands.
$9.78
After hours+0.15 (+1.56%)
At close$9.63(+0.63%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 902 | 562 | 792 | 795 | 938 | 487 | 744 | 746 | 791 | 806 | 746 | 940 |
| Cost of revenue | 731 | 478 | 651 | 2,457 | 1,065 | 425 | 682 | 693 | 739 | 739 | 693 | 735 |
| Gross profit | 171 | 84 | 141 | −1,662 | −127 | 62 | 62 | 54 | 52 | 67 | 53 | 204 |
| 96 | 70 | 90 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 5 | 20 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Selling & marketing | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 91 | 51 | 89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 75 | 13 | 51 | −1,662 | −127 | 62 | 62 | 54 | 52 | 67 | 53 | 204 |
| −26 | 38 | −23 | −24 | −23 | −17 | −29 | −14 | −12 | −14 | −15 | −40 | |
| Interest income | 0 | 9 | 3 | 3 | 4 | 9 | 13 | 8 | 7 | 10 | 10 | 0 |
| Interest expense | 31 | 33 | 30 | 31 | 31 | 30 | 33 | 26 | 26 | 28 | 29 | 48 |
| Other non-operating income | −1 | 0 | −1 | −7 | −8 | −13 | −4 | −12 | −14 | −15 | −15 | −9 |
| Income before tax | 49 | 51 | 28 | −1,685 | −149 | 46 | 34 | 40 | 40 | 53 | 39 | 165 |
| Income tax expense | 8 | 2 | 7 | −436 | −45 | 10 | 6 | 13 | 9 | 12 | 8 | 41 |
| Net income from continuing operations | 41 | 49 | 21 | −1,249 | −104 | 36 | 27 | 27 | 31 | 41 | 30 | 123 |
| Discontinued operations | 0 | 0 | 21 | −46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | −103 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 41 | 49 | 42 | −1,295 | −104 | −68 | 27 | 27 | 31 | 41 | 30 | 123 |
| EPS, basic | $0.37 | $0.44 | $0.38 | −$11.74 | −$0.91 | −$0.57 | $0.15 | $0.15 | $0.18 | $0.23 | $0.18 | $0.71 |
| EPS, diluted | $0.37 | $0.44 | $0.38 | −$11.74 | −$0.91 | −$0.56 | $0.15 | $0.15 | $0.18 | $0.23 | $0.18 | $0.71 |
| Weighted average shares, basic | 110 | 110 | 110 | 110 | 114 | 121 | 172 | 172 | 173 | 173 | 173 | 173 |
| Weighted average shares, diluted | 110 | 110 | 110 | 110 | 114 | 121 | 173 | 173 | 173 | 173 | 173 | 173 |
| EBITDA | 155 | 63 | 126 | −1,587 | −48 | 147 | 143 | 136 | 140 | 146 | 135 | 587 |
| Depreciation & amortization | 79 | 49 | 74 | 67 | 71 | 72 | 77 | 71 | 74 | 64 | 67 | 374 |
| EBIT | 76 | 14 | 52 | −1,654 | −118 | 75 | 66 | 66 | 66 | 82 | 68 | 213 |
