Hawaiian Electric Industries Q1 Net Income Is $27 Million, or $0.15 a Share
Hawaiian Electric Industries reported first-quarter 2025 net income for common stock of $27 million, or $0.15 per share, versus $42 million, or $0.38, a year earlier; the 2024 figure included $21 million from discontinued operations. Core diluted EPS, which excludes Maui wildfire costs and the Hamakua Energy sale loss, was $0.23 versus $0.26, while core net income rose to $40 million from $28 million. The company also said it cut holding company debt by $384 million in April and that Hawaii legislation affecting wildfire liability and the Maui settlement has passed and awaits the governor's signature.
Key points
- Net income for common stock was $27 million, or $0.15 per share, versus $42 million, or $0.38, in Q1 2024
- Core diluted EPS was $0.23 versus $0.26 a year earlier; core net income was $40 million versus $28 million
- Pacific Current recorded a $13 million pre-tax loss on the sale of Hamakua Energy
- In April, holding company debt was reduced by $384 million using proceeds from the American Savings Bank sale
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 09, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.