Here are the 10-Q quarterly reports from Hawaiian Elec 5 E PR (HAWEL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HAWEL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HAWEL filings page.
Hawaiian Electric Industries reported stronger Q2 2026 results, with revenue of $939.7 million and net income for common stock of $123.2 million, up from $746.4 million and $26.1 million a year earlier. Earnings per share were $0.71 versus $0.15, largely influenced by Maui wildfire‑related accounting items.
Following global settlement of Maui tort claims totaling $1.99 billion for HEI and Hawaiian Electric, the first $479 million installment was paid in April 2026 from previously raised equity. Remeasurement of remaining payments reduced the discounted wildfire liability to $1.30 billion, creating a $154 million benefit in utility expenses and related accretion in interest expense. Operating cash flow for the first half was -$350.4 million, driven mainly by the settlement payment and wildfire claim reductions, while capital expenditures reached $242.1 million. Cash and cash equivalents were $238.7 million at June 30, 2026, and shareholders’ equity rose to $1.76 billion as the retained deficit narrowed.
Hawaiian Electric Industries reported first‑quarter 2026 net income for common stock of $30.5 million, up from $26.7 million a year earlier, on total revenues of $746.4 million. Diluted earnings per share were $0.18.
The balance sheet reflects large liabilities from the Maui windstorm and wildfires, including current wildfire‑related claims of $526.5 million and noncurrent wildfire tort‑related claims of $1.44 billion, tied to a previously agreed $1.99 billion global settlement. The company held $931.8 million in cash, cash equivalents and restricted cash as of March 31, 2026, including $479 million restricted for the first settlement installment, which was paid in April 2026. HEI also details ongoing property insurer litigation and expected partial settlements, as well as major long‑term grid and generation investments such as the Waiau repower project and a climate resilience program, both under performance‑based regulatory cost‑recovery mechanisms.