HEICO beats Q3 2026 estimates with EPS up 10.6% above consensus
As seen on the 24/7 Wall St. homepage on August 25, 2026.
Fifth straight consensus EPS beat, and Electronic Technologies Group operating income rose 55% year over year on defense and aerospace electronics demand. Management expects sales to keep climbing at both segments through the rest of fiscal 2026.
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HEICO's fiscal third-quarter GAAP earnings of $1.67 per share beat the consensus estimate by roughly 10.6%, the fifth straight quarter of beating the Street on earnings.
The Electronic Technologies Group led the quarter, with operating income up 55% year over year on demand for defense, aerospace, and other electronics products. The Flight Support Group added 12% organic growth alongside improving margins.
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Operating cash flow climbed 49% to $345.3 million, a signal that earnings are converting to real cash at an accelerating pace. Net income set a quarterly record for the company.
CEO Eric Mendelson pointed to record quarterly net income, operating income, and net sales, and said HEICO remains focused on acquisition opportunities aligned with its strategic objectives. Management expects continued net sales growth at both segments through the rest of fiscal 2026. Keep an eye on how integration and defense spending shape margins.
Mentioned: HEI