---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-25-000038"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:34:33.677023+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HEI Q2 net income $26M; Hawaii governor signs wildfire liability cap & securitization law

## Summary
- Core EPS from continuing ops $0.20 vs $0.26 in Q2 2024; GAAP EPS $0.15.
- Hawaiian Electric net income $39M vs net loss of $1,229M in Q2 2024 driven by prior year wildfire accrual.
- Governor Green signed law appropriating state funds for Maui wildfire settlement, directing PUC to establish future liability cap and authorizing $500M securitization for wildfire safety.
- Utility declared $10M dividend to HEI; sale of Pacific Current solar/battery assets with $5M earnings impact.

## SEC filing metadata
- accession: 0000354707-25-000038
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470725000038/0000354707-25-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46207/000035470725000038/he-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-25-000038
- JSON: https://secwatch.observer/filing/0000354707-25-000038.json
- Plain text: https://secwatch.observer/filing/0000354707-25-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.