Q1 26 EPS
$1.35
BEAT +4.68%
Est. $1.29
Q1 26 Revenue
$1.18B
BEAT +0.67%
Est. $1.17B
vs S&P Since Q1 26
-25.0%
TRAILING MARKET
HEI-A -16.9% vs S&P +8.0%
Market Reaction
Did HEI-A Beat Earnings? Q1 2026 Results
HEICO delivered a record first quarter for fiscal 2026, posting earnings of $1.35 per diluted share, ahead of the $1.29 consensus estimate by 4.68%, as consolidated net sales climbed 14.4% year over year to $1.18 billion, edging past the $1.17 billio… Read more HEICO delivered a record first quarter for fiscal 2026, posting earnings of $1.35 per diluted share, ahead of the $1.29 consensus estimate by 4.68%, as consolidated net sales climbed 14.4% year over year to $1.18 billion, edging past the $1.17 billion Wall Street expected. The headline driver was a standout performance from the Flight Support Group, which grew net sales 15% to $820 million on 12% organic growth and expanded its operating margin to 24.5% from 23.3%, reflecting stronger demand across all product lines and a favorable mix shift in repair and overhaul services. Partially offsetting that strength, the Electronic Technologies Group saw operating income slip to $73.25 million from $76.46 million, as a less favorable defense product mix and softer space demand weighed on margins, though management signaled the segment is expected to recover as the year progresses. Despite a post-earnings stock decline that reflected investor concern over leverage and the margin dip, HEICO reaffirmed its expectation of strong operating cash flow and continued momentum across both segments, underpinned by organic demand and selective acquisitions.
Key Takeaways
- • Strong double-digit consolidated organic net sales growth
- • Increased demand across all Flight Support Group product lines
- • Contributions from fiscal 2025 and 2026 acquisitions
- • SG&A expense efficiencies in Flight Support Group from net sales growth
- • Improved gross profit margin in Flight Support Group driven by favorable product mix in repair and overhaul parts and services
- • Double-digit organic net sales growth for Electronic Technologies Group aerospace and other electronics products
- • Discrete income tax benefit of $22.3 million from stock option exercises
HEI-A YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
HEI-A Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are proud to report record quarterly net income, as well as increased operating income and net sales, principally driven by strong double-digit consolidated organic net sales growth, as well as the contributions from our fiscal 2025 and 2026 acquisitions. The strong organic growth reflects increased demand across all of the Flight Support Group's product lines and for the Electronic Technologies Group's other electronics, aerospace and defense products.”
— Eric A. Mendelson, Q1 2026 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% |