HEI posts FY 2025 net income of USD 123 million after FY 2024 net loss of USD 1.4 billion

Reuters02-28
HEI posts FY 2025 net income of USD 123 million after FY 2024 net loss of USD 1.4 billion

HEI reported FY 2025 net income for common stock of USD 123.1 million, or USD 0.71 per diluted share, compared with a net loss of USD 1.4 billion in FY 2024. Core income from continuing operations (non-GAAP) was USD 149.3 million, or USD 0.86 per diluted share, in FY 2025. In Q4 2025, HEI posted net income for common stock of USD 39.6 million, or USD 0.23 per diluted share. For the electric utility segment, Q4 2025 net income for common stock was USD 44.3 million and FY 2025 net income for common stock was USD 168.2 million. Q4 2025 electric utility revenue was USD 802.9 million and FY 2025 electric utility revenue was USD 3.1 billion. Holding and other companies reported a FY 2025 net loss of USD 45.1 million. HEI said it made progress advancing Maui wildfire tort settlements toward final court approval, pursued legislative measures related to wildfire risk, and implemented wildfire safety improvements. The utility reported reaching a 37% renewable portfolio standard in 2025 and said it remains on track to meet the 40% RPS statutory requirement by 2030. HEI also cited stable rates versus a year ago and continued customer affordability and financial assistance efforts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HEI - Hawaiian Electric Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260227916451) on February 27, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment