secwatch.observer — SEC 8-K summary
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Issuer:     HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
CIK:        0000354707
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0000354707-26-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawaiian Electric Industries reports 2025 net income of $123M on $3.09B revenue; wildfire liabilities persist
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- Net income of $123M ($0.71 diluted EPS) vs net loss of $1.43B in 2024 (which included ~$1.4B after-tax wildfire charge).
- Revenue $3.087B, down 4.1% from $3.220B in 2024, driven by lower fuel cost pass-through.
- Utility operating income $279.8M (2024: $(1.612B) loss), driven by absence of large wildfire provision.
- Wildfire tort liabilities: $530M current + $1.436B noncurrent, unchanged from end of 2024.
- No common dividends declared in 2025; redeemed all preferred stock ($34.3M) in October 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354707/000035470726000017/0000354707-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46207/000035470726000017/he-20260327.htm
  HTML page:      https://secwatch.observer/filing/0000354707-26-000017

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