Q2 25 EPS
$1.12
BEAT +8.34%
Est. $1.03
Q2 25 Revenue
$1.10B
BEAT +3.40%
Est. $1.06B
vs S&P Since Q2 25
-31.1%
TRAILING MARKET
HEI-A -4.4% vs S&P +26.7%
Market Reaction
Did HEI-A Beat Earnings? Q2 2025 Results
HEICO delivered a record-setting fiscal second quarter, with the aviation and defense components maker reporting earnings of $1.12 per diluted share on revenue of $1.10 billion, a 15% top-line gain that underscored the company's continued momentum in… Read more HEICO delivered a record-setting fiscal second quarter, with the aviation and defense components maker reporting earnings of $1.12 per diluted share on revenue of $1.10 billion, a 15% top-line gain that underscored the company's continued momentum in aerospace aftermarket services. Net income attributable to HEICO climbed 27% year-over-year to $156.79 million, while operating income rose 19% to $248.15 million, pushing the consolidated operating margin to 22.6% from 21.9% a year ago. The primary engine behind the results was the Flight Support Group, which posted record net sales of $767.07 million, up 19%, fueled by 14% organic growth and nineteen consecutive quarters of sequential sales expansion, with demand accelerating across repair and overhaul activity and a favorable defense product mix. Cash flow from operations surged 45% to $204.70 million, helping reduce the net debt-to-EBITDA ratio to 1.86x. Looking ahead, management expressed confidence in continued net sales growth across both business segments for the remainder of fiscal 2025, with acquisitions providing an additional tailwind alongside strong organic demand.
Key Takeaways
- • Double-digit consolidated organic net sales growth
- • Strong organic net sales growth across all Flight Support Group product lines
- • Double-digit organic net sales growth for Electronic Technologies Group space and aerospace products
- • Nineteen consecutive quarters of sequential growth in Flight Support Group net sales
- • Improved gross profit margin from higher repair and overhaul parts and services and favorable defense product mix
- • SG&A expense efficiencies realized from net sales growth
- • Contributions from fiscal 2025 and 2024 acquisitions
HEI-A YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
HEI-A Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are very pleased to report record quarterly operating income and net sales, driven primarily by double-digit consolidated organic net sales growth. This performance mainly reflects strong organic net sales growth across all product lines of the Flight Support Group and double-digit organic net sales growth for the Electronic Technologies Group's space and aerospace products.”
— Eric A. Mendelson, Q2 2025 Earnings Press Release
HEI-A Earnings Trends
HEI-A vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HEI-A EPS Trend
Earnings per share: estimate vs actual
HEI-A Revenue Trend
Quarterly revenue: estimate vs actual
HEI-A Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.34 | $1.66 | +24.25% | $1.38B | +10.13% |
| Q1 26 BEAT | $1.29 | $1.35 | +4.68% | $1.18B | +0.67% |
| Q4 25 BEAT FY | $1.22 | $1.33 | +9.33% | $1.21B | +3.45% |
| FY Full Year | $4.79 | $4.90 | +2.39% | $4.49B | +0.92% |
| Q3 25 BEAT | $1.14 | $1.26 | +10.76% | $1.15B | +2.91% |
| Q2 25 BEAT | $1.03 | $1.12 | +8.34% | $1.10B | +3.40% |