# Hawaiian Electric Industries (HE) — Earnings

HE · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/he/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.13 |
| EPS estimate | $0.21 |
| EPS surprise | −38.10% |
| Revenue surprise | +0.00% |
| Revenue | $939.7M |
| Revenue estimate | $0.00 |
| Reported | Aug 7, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/46207/000035470726000054/he-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/192d45e9-9f5e-0481-c458-3dcbefa4606a.html) |

Hawaiian Electric reported Q2 2026 results on August 7, 2026. EPS was $0.13, 38.10% below the $0.21 estimate. Revenue was $939.7 million; no revenue estimate was given. Compared with Q2 2025, EPS fell 35% from $0.20, while revenue rose about 26% from $746.4 million.

EPS in the table has declined over time. Annual EPS fell from $2.20 in 2022 to $2.04 in 2023, $1.55 in 2024 and $0.86 in 2025. The first half of 2026 totals $0.31 per share, against $0.43 a year earlier. Q2 2026 EPS is the lowest in the table, while the high was $0.63 in Q1 2022. Quarterly revenue has moved between $744.0 million and about $1.0 billion, with Q2 2026 the strongest quarter since Q4 2023. Hawaiian Electric missed EPS estimates in 13 of the last 20 quarters, including the last two by more than 33% each.

Q3 results came between November 5 and November 8 in each year with a dated report, which points to early November 2026 for the next one. It will show how EPS compares with the $0.19 earned in Q3 2025, and whether revenue stays above the year-earlier level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 7, 2026 | $0.21 | $0.13 | -38.10% | — | $939.7M |
| Q1 2026 | May 8, 2026 | $0.27 | $0.18 | -33.33% | — | $744.0M |
| Q4 2025 | Feb 27, 2026 | $0.24 | $0.24 | 1.05% | — | $805.8M |
| Q3 2025 | Nov 7, 2025 | $0.18 | $0.19 | 3.71% | — | $790.6M |
| Q2 2025 | Aug 7, 2025 | $0.18 | $0.20 | 9.89% | — | $746.4M |
| Q1 2025 | May 9, 2025 | $0.23 | $0.23 | -0.90% | — | $744.1M |
| Q4 2024 | Feb 21, 2025 | $0.39 | $0.20 | -49.28% | $1.2B | $799.2M |
| Q3 2024 | Nov 8, 2024 | $0.53 | $0.46 | -12.38% | $917.2M | $938.4M |
| Q2 2024 | Aug 9, 2024 | $0.49 | $0.44 | -10.20% | $911.3M | $897.4M |
| Q1 2024 | May 10, 2024 | $0.54 | $0.45 | -16.67% | $943.4M | $897.2M |
| Q4 2023 | Invalid Date | $0.49 | $0.48 | -2.04% | $418.2M | $961.4M |
| Q3 2023 | Invalid Date | $0.54 | $0.56 | 4.34% | $858.4M | $901.9M |
| Q2 2023 | Aug 7, 2023 | $0.53 | $0.50 | -5.66% | $845.4M | $895.7M |
| Q1 2023 | May 9, 2023 | $0.53 | $0.50 | -6.10% | $755.8M | $928.2M |
| Q4 2022 | Feb 14, 2023 | $0.55 | $0.52 | -5.45% | $1.2B | $1.0B |
| Q3 2022 | Nov 7, 2022 | $0.54 | $0.57 | 5.56% | $745.5M | $1.0B |
| Q2 2022 | Aug 8, 2022 | $0.52 | $0.48 | -6.80% | $672.3M | $895.6M |
| Q1 2022 | May 9, 2022 | $0.45 | $0.63 | 41.57% | $736.0M | $785.1M |
| Q4 2021 | Feb 14, 2022 | $0.42 | $0.50 | 19.76% | $681.3M | $770.3M |
| Q3 2021 | Nov 5, 2021 | $0.59 | $0.58 | -2.04% | $782.0M | $756.9M |

## Frequently Asked Questions

### When did Hawaiian Electric Industries (HE) last report earnings?

Hawaiian Electric Industries last reported on Aug 7, 2026, covering fiscal Q2 2026.

### Did HE beat earnings estimates?

No. Hawaiian Electric Industries reported EPS of $0.13 for Q2 2026 against a $0.21 estimate — a 38.10% miss.

### How much revenue did HE report last quarter?

Hawaiian Electric Industries reported $939.7M in revenue for Q2 2026.

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).