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Hawaiian Electric Industries (HE) Revenue & Revenue Breakdown

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Hawaiian Electric Industries Revenue Highlights

Latest Revenue (Y)

$3.09B

Latest Revenue (Q)

$790.61M

Main Segment (Y)

Electric Energy Sales, Large Light And Power

Hawaiian Electric Industries Revenue by Period

Hawaiian Electric Industries Revenue by Year

DateRevenueChange
2025-12-31$3.09B-4.13%
2024-12-31$3.22B-2.06%
2023-12-31$3.29B-3.90%
2022-12-31$3.42B20.02%
2021-12-31$2.85B10.49%
2020-12-31$2.58B-10.24%
2019-12-31$2.87B0.46%
2018-12-31$2.86B11.94%
2017-12-31$2.56B7.35%
2016-12-31$2.38B-8.54%
2015-12-31$2.60B-19.65%
2014-12-31$3.24B0.03%
2013-12-31$3.24B-4.05%
2012-12-31$3.37B4.09%
2011-12-31$3.24B21.66%
2010-12-31$2.66B15.39%
2009-12-31$2.31B-28.25%
2008-12-31$3.22B26.91%
2007-12-31$2.54B3.07%
2006-12-31$2.46B11.07%
2005-12-31$2.22B15.15%
2004-12-31$1.92B8.01%
2003-12-31$1.78B7.72%
2002-12-31$1.65B28.76%
2001-12-31$1.28B-25.29%
2000-12-31$1.72B12.85%
1999-12-31$1.52B2.57%
1998-12-31$1.49B1.46%
1997-12-31$1.46B3.78%
1996-12-31$1.41B8.85%
1995-12-31$1.30B9.04%
1994-12-31$1.19B-

Hawaiian Electric Industries generated $3.09B in revenue during NA 2025, up -4.13% compared to the previous quarter, and up 119.66% compared to the same period a year ago.

Hawaiian Electric Industries Revenue by Quarter

DateRevenueChange
2025-09-30$790.61M5.92%
2025-06-30$746.39M0.31%
2025-03-31$744.07M52.80%
2024-12-31$486.95M-48.11%
2024-09-30$938.38M17.97%
2024-06-30$795.42M0.43%
2024-03-31$792.01M41.00%
2023-12-31$561.71M-37.72%
2023-09-30$901.87M0.69%
2023-06-30$895.68M-3.51%
2023-03-31$928.24M-8.92%
2022-12-31$1.02B-2.21%
2022-09-30$1.04B16.37%
2022-06-30$895.61M14.08%
2022-03-31$785.07M1.92%
2021-12-31$770.27M1.77%
2021-09-30$756.90M11.27%
2021-06-30$680.26M5.80%
2021-03-31$642.95M-1.42%
2020-12-31$652.22M1.68%
2020-09-30$641.43M5.33%
2020-06-30$608.95M-10.08%
2020-03-31$677.19M-6.72%
2019-12-31$725.97M-5.91%
2019-09-30$771.53M7.83%
2019-06-30$715.49M8.14%
2019-03-31$661.62M-13.13%
2018-12-31$761.65M-0.83%
2018-09-30$768.05M12.08%
2018-06-30$685.28M6.10%
2018-03-31$645.87M-1.93%
2017-12-31$658.60M-2.17%
2017-09-30$673.18M6.47%
2017-06-30$632.28M6.88%
2017-03-31$591.56M-4.18%
2016-12-31$617.39M-4.44%
2016-09-30$646.05M14.09%
2016-06-30$566.24M2.77%
2016-03-31$550.96M-11.71%
2015-12-31$624.03M-12.99%
2015-09-30$717.18M14.95%
2015-06-30$623.91M-2.19%
2015-03-31$637.86M-19.26%
2014-12-31$790.04M-8.89%
2014-09-30$867.10M8.57%
2014-06-30$798.66M1.90%
2014-03-31$783.75M-5.17%
2013-12-31$826.45M-0.58%
2013-09-30$831.23M4.33%
2013-06-30$796.73M1.62%
2013-03-31$784.06M-6.45%
2012-12-31$838.15M-3.41%
2012-09-30$867.72M1.57%
2012-06-30$854.27M4.84%
2012-03-31$814.86M-4.25%
2011-12-31$851.03M-3.99%
2011-09-30$886.36M11.59%
2011-06-30$794.32M11.78%
2011-03-31$710.63M2.14%
2010-12-31$695.74M0.17%
2010-09-30$694.54M5.93%
2010-06-30$655.66M5.92%
2010-03-31$619.04M-0.09%
2009-12-31$619.58M-0.12%
2009-09-30$620.31M17.95%
2009-06-30$525.90M-3.29%
2009-03-31$543.80M-32.01%
2008-12-31$799.82M-12.63%
2008-09-30$915.43M18.26%
2008-06-30$774.05M6.09%
2008-03-31$729.62M3.03%
2007-12-31$708.17M-

Hawaiian Electric Industries generated $790.61M in revenue during Q3 2025, up 5.92% compared to the previous quarter, and up 99.40% compared to the same period a year ago.

Hawaiian Electric Industries Revenue Breakdown

Hawaiian Electric Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Other Sales$13.67M$11.92M---
Electric Energy Sales, Commercial$971.82M$1.01B---
Electric Energy Sales, Large Light And Power$1.08B$1.12B---
Electric Energy Sales, Other$17.97M$18.68M---
Electric Energy Sales, Residential$992.37M$1.01B---
Product and Service, Other$41.02M$42.12M---
Regulatory Revenue$-29.47M$-2.57M---
Financial Service, Other--$10.62M$10.29M$8.77M
Mortgage Banking--$910.00K$1.69M$9.30M
Other Income, Net--$2.80M$2.09M$851.00K
Financial Service--$19.03M$19.83M$21.23M
Deposit Account--$19.13M$18.76M$16.66M
Bank Owned Life Insurance Income--$7.39M$2.53M$7.32M

Hawaiian Electric Industries's latest annual revenue breakdown by segment (product or service), as of Dec 25: Electric Energy Sales, Large Light And Power (34.97%), Electric Energy Sales, Residential (32.15%), Electric Energy Sales, Commercial (31.48%), Product and Service, Other (1.33%), Electric Energy Sales, Other (0.58%), Other Sales (0.44%), and Regulatory Revenue (-0.95%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Electric Energy Sales, Other$4.98M$4.28M$4.22M-----------------
Other Sales$2.64M$3.16M$3.71M$4.17M----------------
Electric Energy Sales, Residential$257.06M$261.78M$233.15M-----------------
Product and Service, Other$11.73M$9.48M$9.31M$10.50M----------------
Regulatory Revenue$4.05M$-17.86M$-1.58M$-14.08M----------------
Electric Energy Sales, Commercial$247.02M$251.29M$237.01M-----------------
Electric Energy Sales, Large Light And Power$278.34M$278.48M$260.58M-----------------
Electric Utility Segment----$796.17M---------------
Financial Service, Other-----$3.13M$2.74M$2.66M$2.77M$2.74M$2.63M$2.42M$2.53M$2.72M$2.00M$2.12M$2.20M$2.44M$1.77M$1.52M
Bank Owned Life Insurance Income-----$2.99M$3.58M$1.71M$1.96M$1.43M$1.87M$122.00K$-142.00K$681.00K$1.11M$2.03M$1.62M$2.56M$2.05M$1.97M
Financial Service-----$5.19M$4.87M$4.64M$5.01M$4.68M$4.76M$4.76M$4.72M$5.59M$5.89M$4.80M$5.46M$5.07M$4.54M$4.23M
Deposit Account-----$5.16M$4.90M$5.10M$4.50M$4.60M$4.64M$4.88M$4.55M$4.69M$4.63M$4.26M$3.90M$3.86M$4.22M$3.83M
Other Income, Net-----$658.00K$686.00K$693.00K$678.00K$801.00K$606.00K$633.00K$475.00K$372.00K$220.00K$283.00K$76.00K$272.00K$-187.00K$-231.00K
Mortgage Banking-----$363.00K$424.00K$209.00K$230.00K$130.00K$62.00K$181.00K$372.00K$1.08M$1.81M$1.27M$1.93M$4.30M$7.80M$7.68M
Gain (Loss) On Sale Of Investments, Net----------------$528.00K---

Hawaiian Electric Industries's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Electric Energy Sales, Large Light And Power (34.54%), Electric Energy Sales, Residential (31.90%), Electric Energy Sales, Commercial (30.65%), Product and Service, Other (1.46%), Electric Energy Sales, Other (0.62%), Regulatory Revenue (0.50%), and Other Sales (0.33%).

Hawaiian Electric Industries Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EDNEmpresa Distribuidora y Comercializadora Norte Sociedad Anónima$1.92T$276.16B
CEPUCentral Puerto$860.96B$128.71B
ELPCCompanhia Paranaense de Energia$3.66B$973.25M
HEHawaiian Electric Industries$3.09B$790.61M
CTRICenturi$2.89B$825.23M
AVAAvista$1.34B$403.00M
OTTROtter Tail$1.30B$325.56M
NWNNorthwest Natural$1.29B$164.73M
MGEEMGE Energy$743.65M$159.45M
UTLUnitil$236.40M$101.10M
HTOH2O America$194.19M$240.55M

HE Revenue FAQ

What is Hawaiian Electric Industries’s yearly revenue?

Hawaiian Electric Industries's yearly revenue for 2025 was $3.09B, representing a decrease of -4.13% compared to 2024. The company's yearly revenue for 2024 was $3.22B, representing a decrease of -2.06% compared to 2023. HE's yearly revenue for 2023 was $3.29B, representing a decrease of -3.90% compared to 2022.

What is Hawaiian Electric Industries’s quarterly revenue?

Hawaiian Electric Industries's quarterly revenue for Q3 2025 was $790.61M, a 5.92% increase from the previous quarter (Q2 2025), and a -15.75% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $746.39M, a 0.31% increase from the previous quarter (Q1 2025), and a -6.16% decrease year-over-year (Q2 2024). HE's quarterly revenue for Q1 2025 was $744.07M, a 52.80% increase from the previous quarter (Q4 2024), and a -6.05% decrease year-over-year (Q1 2024).

What is Hawaiian Electric Industries’s revenue growth rate?

Hawaiian Electric Industries's revenue growth rate for the last 3 years (2023-2025) was -6.10%, and for the last 5 years (2021-2025) was 8.30%.

What are Hawaiian Electric Industries’s revenue streams?

Hawaiian Electric Industries's revenue streams in c 25 are Other Sales, Electric Energy Sales, Commercial, Electric Energy Sales, Large Light And Power, Electric Energy Sales, Other, Electric Energy Sales, Residential, Product and Service, Other, and Regulatory Revenue. Other Sales generated $13.67M in revenue, accounting 0.44% of the company's total revenue, up 14.64% year-over-year. Electric Energy Sales, Commercial generated $971.82M in revenue, accounting 31.48% of the company's total revenue, down -4.08% year-over-year. Electric Energy Sales, Large Light And Power generated $1.08B in revenue, accounting 34.97% of the company's total revenue, down -3.95% year-over-year. Electric Energy Sales, Other generated $17.97M in revenue, accounting 0.58% of the company's total revenue, down -3.81% year-over-year. Electric Energy Sales, Residential generated $992.37M in revenue, accounting 32.15% of the company's total revenue, down -2.00% year-over-year. Product and Service, Other generated $41.02M in revenue, accounting 1.33% of the company's total revenue, down -2.60% year-over-year. Regulatory Revenue generated $-29.471M in revenue, accounting -0.95% of the company's total revenue, up 1048.52% year-over-year.

What is Hawaiian Electric Industries’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Hawaiian Electric Industries was Electric Energy Sales, Large Light And Power. This segment made a revenue of $1.08B, representing 34.97% of the company's total revenue.