Hawaiian Electric Industries Q2 FY26 net income more than doubled to $123.2 million
Reuters2026/08/07 20:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- HEI posts Q2 GAAP net income of USD 123 million, up from USD 26 million a year earlier; diluted EPS rises to USD 0.71 from USD 0.15.
- Results include a USD 101 million after-tax non-cash gain tied to remeasuring the remaining Maui wildfire settlement liability to present value.
- Q2 core net income under non-GAAP measures falls to USD 22 million from USD 35 million; diluted core EPS drops to USD 0.13 from USD 0.20.
- Hawaiian Electric Q2 net income climbs to USD 138 million from USD 39 million, driven by a USD 154 million pre-tax settlement-liability remeasurement benefit.
- Utility expects 2026 adjusted O&M excluding pension to significantly outpace inflation ahead of a 2027 rate rebasing.
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: 202608071605BIZWIRE_USPR_____20260807_BW736898) on August 07, 2026, and is solely responsible for the information contained therein.
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