Hawaiian Electric Industries, Inc. ( (HE) ) has released its Q2 earnings. Here is a breakdown of the information Hawaiian Electric Industries, Inc. presented to its investors.
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Hawaiian Electric Industries, Inc. (HEI) is a leading provider of energy services in Hawaii, supplying power to approximately 95% of the state’s population and focusing on decarbonization and grid modernization. In the second quarter of 2025, HEI reported a net income of $26 million, or $0.15 per share, with core income from continuing operations at $35 million, or $0.20 per share, excluding wildfire-related expenses. The company highlighted its ongoing efforts to enhance safety and reliability, including the advancement of a wildfire safety strategy and legislative support for infrastructure resilience investments. Hawaiian Electric’s net income for the quarter was $39 million, a significant turnaround from a net loss in the previous year, primarily due to the absence of substantial wildfire liability accruals. The company also made progress in simplifying its business by selling Pacific Current’s solar and battery storage assets. Looking ahead, HEI aims to continue its strategic focus on resilience and clean energy, supported by recent legislative measures and planned divestitures.