Hawaiian Electric Industries, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $123.2M | $30.5M | $42.3M | $30.7M | $26.1M | $27.1M | $-68.2M | $-103.9M |
| Depreciation & Amortization | $75.4M | $75.4M | $72.3M | $74.0M | $76.1M | $76.6M | — | $73.3M |
| Depreciation | $66.5M | $66.5M | $64.1M | $64.1M | $66.0M | $65.8M | $64.8M | $65.4M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.6M | $1.2M | $504.0K | $-609.0K | $2.8M | $754.0K | $1.4M | $-293.0K |
| Net Cash from Operating Activities | $-411.4M | $61.0M | $106.4M | $100.3M | $134.8M | $49.7M | $136.6M | $157.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $138.6M | $103.5M | $85.8M | $94.0M | $75.0M | $86.5M | $87.3M | $78.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-138.2M | $-101.9M | $-84.8M | $-84.9M | $-74.0M | $-78.5M | $282.4M | $-57.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $0 | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-143.3M | $-8.1M | $-68.0M | $374.9M | $-535.7M | $-102.2M | $2.9M | $506.6M |
| Net Change in Cash | $-692.9M | $-48.9M | $-46.5M | $390.3M | $-474.9M | $-131.0M | $421.8M | $606.5M |
| Free Cash Flow | $-550.0M | $-42.5M | $20.7M | $6.3M | $59.8M | $-36.9M | $49.2M | $79.5M |