HAWEL · As filed with the SEC

Hawaiian Electric income statement, 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 Statements of Income (unaudited) · USD thousands, except per-share amounts; shares in thousands

USD thousands, except per-share amounts; shares in thousands	Q2 2026 3 months ended Jun 30, 2026	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q4 2024^† 3 months ended Dec 31, 2024
Revenues
Revenues	939,703	746,447	805,824^†	790,610	746,392	799,180
Operating Segments - Electric utility	—	—	—	—	—	796,174
Other	—	—	—	—	—	3,006
Electric utility	936,864	744,040	802,906^†	787,428	742,482	796,174^†
Other	2,839	2,407	2,918^†	3,182	3,910	3,006^†
Expenses
Total expenses	735,489	693,070	738,715^†	738,564	692,645	745,518^†
Electric utility	718,300	681,507	726,394^†	724,635	677,938	722,383^†
Other	17,189	11,563	12,321^†	13,929	14,707	23,135^†
Operating income (loss)
Operating income (loss)	204,214	53,377	67,109^†	52,046	53,747	53,662
Operating Segments - Electric utility	—	—	—	—	—	73,791
Other	—	—	—	—	—	(20,129)
Electric utility	218,564	62,533	76,512^†	62,793	64,544	73,791^†
Other	(14,350)	(9,156)	(9,403)^†	(10,747)	(10,797)	(20,129)^†
Retirement defined benefits credit—other than service costs	879	879	829^†	817	919	903^†
Interest expense, net (Note 2)	(48,383)	(31,128)	(29,655)^†	(26,211)	(27,256)	(31,131)^†
Allowance for borrowed funds used during construction	1,997	1,705	1,514^†	1,500	1,462	1,409^†
Interest income	—	—	9,767^†	6,960	7,579	9,433^†
Allowance for equity funds used during construction	4,387	3,764	3,905^†	3,821	3,702	3,510^†
Interest and dividend income	5,284	9,995	—	—	7,579^†	—
Loss on sale of a subsidiary and impairment loss on assets held for sale	(3,716)	0	—	1,013	(178)	—
Income before income taxes	164,662	38,592	53,469^†	39,946	39,975	37,786^†
Income tax expense	41,462	8,142	12,108^†	8,728	13,417	8,147^†
Net income	123,200	30,450	41,361^†	31,218	26,558	29,639^†
Preferred stock dividends of subsidiaries	0	0	1,744^†	471	473	473^†
Income (loss) from continuing operations for common stock	—	—	39,617^†	30,747	26,085	29,166
Income (loss) from discontinued operations	—	—	0^†	0	0	(97,411)
Net income for common stock	123,200	30,450	39,617^†	30,747	26,085	(68,245)
Continuing operations - Basic earnings (loss) per common share (in dollars per share)	—	—	—	0.18	0.15	0.17
Discontinued operations - Basic earnings (loss) per common share (in dollars per share)	—	—	—	0.00	0.00	(0.56)
Basic earnings per common share (in dollars per share)	0.71	0.18	—	0.18	0.15	(0.40)
Continuing operations - Diluted earnings (loss) per common share (in dollars per share)	—	—	—	0.18	0.15	0.17
Discontinued operations - Diluted earnings (loss) per common share (in dollars per share)	—	—	—	0.00	0.00	(0.56)
Diluted earnings per common share (in dollars per share)	0.71	0.18	—	0.18	0.15	(0.40)
Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding (in shares)	172,637	172,626	—	172,617	172,496	172,466
Net effect of potentially dilutive shares (share-based compensation programs) (in shares)	585	700	—	—	—	—
Weighted-average shares assuming dilution (in shares)	173,222	173,326	—	172,916	172,655	172,466

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

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