Hawaiian Electric Reports Q4 Profit Recovery
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2026
0mins
Should l Buy HE?
Source: NASDAQ.COM
- Profit Recovery: Hawaiian Electric reported a fourth-quarter net income of $39.6 million, or $0.23 per share, a significant turnaround from a net loss of $68.2 million, or $0.40 per share in 2024, indicating a strong recovery in financial health.
- Core Income Growth: The core income from continuing operations for Q4 2025 was $41 million, up 17.1% from $35 million in Q4 2024, reflecting positive changes in operational efficiency and market demand.
- Revenue Increase: Total revenues for the quarter reached $805.8 million, a slight increase of 0.8% compared to $799.2 million last year, demonstrating progress in stabilizing revenue streams.
- Optimistic Market Outlook: With the recovery in profitability and stable revenue growth, Hawaiian Electric is positioned with a stronger financial foundation for future market competition, potentially attracting more investor interest.
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Analyst Views on HE
Wall Street analysts forecast HE stock price to fall
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 14.750
Low
10.00
Averages
11.00
High
12.00
Current: 14.750
Low
10.00
Averages
11.00
High
12.00
About HE
Hawaiian Electric Industries, Inc. is a holding company that provides energy services. The Company’s subsidiaries are principally engaged in electric utility and non-regulated renewable/sustainable infrastructure businesses operating in the State of Hawaii. Its electric utility, Hawaiian Electric Company, Inc. (Hawaiian Electric), supplies power to approximately 95% of Hawaii’s population. The Company operates through the electric utility segment. Hawaiian Electric and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric), are regulated electric utilities that provide essential electric service to approximately 95% of Hawaii’s population through the operation of five separate grids that serve communities on the islands of Oahu, Hawaii, Maui, Lanai and Molokai. Its subsidiary, Pacific Current, LLC, invests in non-regulated clean energy and sustainable infrastructure in the State of Hawaii.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Ownership Proportion Analysis: This acquisition represents 2.71% of the fund's 13F reportable assets, showcasing a strategic allocation in its diversified portfolio, particularly within the utility industry.
- Market Performance Review: As of March 19, 2026, Hawaiian Electric's shares were priced at $14.28, reflecting a 29.9% increase over the past year, driven by rising electricity demand linked to the growth of the artificial intelligence sector.
- Environmental Challenges: Despite strong stock performance, Hawaiian Electric has faced recent pullbacks due to community opposition to data center developments, highlighting market concerns regarding environmental impact and energy consumption.
See More
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- Surge in AI Demand: Nvidia CEO Jensen Huang announced at the annual GTC event that GPU demand reached $500 billion last year, with projections of at least $1 trillion by 2027, highlighting the company's robust growth potential in the AI sector.
- Leadership Overhaul: Fortune Brands Innovations appointed David Barry as interim CEO while initiating a search for a permanent successor, with former CEO Nicholas Fink accelerating his departure, indicating a significant strategic shift within the company.
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