HAWEL · As filed with the SEC

Hawaiian Electric balance sheet, by quarter

The statement as Hawaiian Electric presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Consolidated Balance Sheets (unaudited) · USD thousands

USD thousands	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025
Assets
Current assets
Cash and cash equivalents	238,732	452,840	501,778	548,242
Restricted cash	218	478,968	478,968	478,968
Accounts receivable and unbilled revenues, net	—	—	491,526	—
Accounts receivable and unbilled revenues, net	520,390	452,184	—	498,229
Regulatory assets	51,669	48,353	50,039	36,032
Other	389,695	341,975	305,999	296,351
Assets held for sale	52,248	55,596	56,266	55,878
Total current assets	1,252,952	1,829,916	1,884,576	1,913,700
Noncurrent assets:
Land	—	—	54,596	—
Plant and equipment	—	—	8,730,645	—
Right-of-use assets - finance lease	—	—	539,485	—
Construction in progress	—	—	382,147	—
Property, plant and equipment, gross	—	—	9,706,873	—
Less – accumulated depreciation	—	—	(3,518,501)	—
Property, plant and equipment, net of accumulated depreciation of $3,626,536 and $3,518,501 at June 30, 2026 and December 31, 2025, respectively	6,347,255	6,237,196	6,188,372	6,155,343
Operating lease right-of-use assets	48,172	52,416	56,604	58,197
Regulatory assets	—	—	—	251,205
Regulatory assets	274,578	263,179	258,076	—
Defined benefit pension and other postretirement benefit plans asset	221,553	219,730	219,211	—
Other	—	311,766	—	435,191
Other	257,292	—	316,040	—
Total noncurrent assets	7,148,850	7,084,287	7,038,303	6,899,936
Total assets	8,401,802	8,914,203	8,922,879	8,813,636
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable	305,686	220,103	219,062	217,329
Interest and dividends payable	—	—	—	34,691
Interest and dividends payable	30,925	49,142	31,458	—
Short-term borrowings	—	—	0	0
Current portion of long-term debt, net	0	124,990	124,959	143,472
Regulatory liabilities	31,265	35,562	51,997	37,642
Wildfire related claims	457,563	526,500	530,000	526,500
Other	383,699	350,987	410,458	402,034
Liabilities held for sale	60,998	60,607	59,803	59,075
Total current liabilities	1,270,136	1,367,891	1,427,737	1,420,743
Noncurrent liabilities:
Long-term debt, net	2,265,630	2,280,388	2,285,016	2,295,219
Operating lease liabilities	35,623	38,619	43,278	45,610
Finance lease liabilities	499,402	502,526	505,590	509,776
Regulatory liabilities	1,442,389	1,413,907	1,392,147	1,285,879
Defined benefit plans liability	—	—	23,656	23,080
Defined benefit pension liability	23,570	23,612	—	—
Wildfire tort-related claims	890,280	1,436,250	1,436,250	1,436,250
Other	211,885	213,641	203,286	198,950
Total noncurrent liabilities	5,368,779	5,908,943	5,889,223	5,794,764
Total liabilities	6,638,915	7,276,834	7,316,960	7,215,507
Preferred stock of subsidiaries - not subject to mandatory redemption	—	—	0	34,293
Shareholders’ equity
Preferred stock, no par value, authorized 10,000,000 shares; issued: none	0	0	0	0
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding: 172,728,004 shares and 172,620,476 shares at June 30, 2026 and December 31, 2025, respectively	2,271,654	2,269,261	2,268,187	2,267,288
Retained earnings (deficit)	(511,956)	(635,156)	(665,606)	(705,413)
Unrealized gains on derivatives	—	—	600	—
Retirement benefit plans	—	—	2,738	—
Accumulated other comprehensive income, net of taxes	3,189	3,264	3,338	1,961
Total shareholders’ equity	1,762,887	1,637,369	1,605,919	1,563,836
Total liabilities and shareholders’ equity	8,401,802	8,914,203	8,922,879	8,813,636

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.