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Revenues
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
The following tables disaggregate revenues by major source, timing of revenue recognition, and segment:
Three months ended June 30, 2025Six months ended June 30, 2025
(in thousands) Electric  utilityAll
Other
TotalElectric
utility
All
Other
Total
Revenues from contracts with customers
Electric energy sales - residential$233,149 $— $233,149 $473,528 $— $473,528 
Electric energy sales - commercial237,007 — 237,007 473,508 — 473,508 
Electric energy sales - large light and power260,577 — 260,577 522,695 — 522,695 
Electric energy sales - other 4,218 — 4,218 8,705 — 8,705 
Other sales— 3,707 3,707 — 7,872 7,872 
Total revenues from contracts with customers734,951 3,707 738,658 1,478,436 7,872 1,486,308 
Revenues from other sources
Regulatory revenue(1,577)— (1,577)(15,658)— (15,658)
Other9,108 203 9,311 18,070 1,742 19,812 
Total revenues from other sources7,531 203 7,734 2,412 1,742 4,154 
Total revenues$742,482 $3,910 $746,392 $1,480,848 $9,614 $1,490,462 
Timing of revenue recognition
Total revenues from contracts with customers - services/goods transferred over time$734,951 $3,707 $738,658 $1,478,436 $7,872 $1,486,308 
Three months ended June 30, 2024Six months ended June 30, 2024
(in thousands) Electric  utilityAll
Other
TotalElectric
utility
All
Other
Total
Revenues from contracts with customers
Electric energy sales - residential$244,539 $— $244,539 $486,061 $— $486,061 
Electric energy sales - commercial251,482 — 251,482 493,250 — 493,250 
Electric energy sales - large light and power280,940 — 280,940 552,027 — 552,027 
Electric energy sales - other4,609 — 4,609 9,555 — 9,555 
Other sales— 2,964 2,964 — 6,270 6,270 
Total revenues from contracts with customers781,570 2,964 784,534 1,540,893 6,270 1,547,163 
Revenues from other sources
Regulatory revenue(486)— (486)20,704 — 20,704 
Other11,247 122 11,369 19,312 252 19,564 
Total revenues from other sources10,761 122 10,883 40,016 252 40,268 
Total revenues$792,331 $3,086 $795,417 $1,580,909 $6,522 $1,587,431 
Timing of revenue recognition
Total revenues from contracts with customers - services/goods transferred over time$781,570 $2,964 $784,534 $1,540,893 $6,270 $1,547,163 
There are no material contract assets or liabilities associated with revenues from contracts with customers existing at December 31, 2024 or as of June 30, 2025. Accounts receivable and unbilled revenues related to contracts with customers represent an unconditional right to consideration since all performance obligations have been satisfied. These amounts are disclosed as accounts receivable and unbilled revenues, net on HEI’s condensed consolidated balance sheets and customer accounts receivable, net and accrued unbilled revenues, net on Hawaiian Electric’s condensed consolidated balance sheets.
As of June 30, 2025, the Company had no material remaining performance obligations due to the nature of the Company’s contracts with its customers. For the Utilities, performance obligations are fulfilled as electricity is delivered to customers.