Companies /Industrials

HEICO Corporation

NYSE: HEI-A Aerospace & Defense
$255.84
▼ $1.26 (−0.49%) today
Markets closed · 3:00am ET

Q2 2026 Earnings

Reported May 27, 2026, 4:59pm ET · SEC source
$1.66
Beat +24.25%
EPS · est. $1.34
$1.4B
Beat +10.13%
Revenue · est. $1.2B
+1.3%
Beating market
HEI-A vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0May 27May 28report 4:59pm ETearnings+0.5%+1.3%
−8%−4%0May 27May 28earnings+0.5%+1.3%
HEI-A +1.3%S&P 500 +0.5%
−8%−4%0May 27May 28report 4:59pm ETearnings+0.7%+1.3%
−8%−4%0May 27May 28earnings+0.7%+1.3%
HEI-A +1.3%NASDAQ +0.7%
−8%−4%0May 26Jun 4report 4:59pm ETearnings+0.5%−3.0%
−8%−4%0May 26Jun 4earnings+0.5%−3.0%
HEI-A −3.0%S&P 500 +0.5%
−8%−4%0May 26Jun 4report 4:59pm ETearnings+1.0%−3.0%
−8%−4%0May 26Jun 4earnings+1.0%−3.0%
HEI-A −3.0%NASDAQ +1.0%
+12.00%
Day of report
+0.95%
Next session
−4.30%
One week
+0.21%
30 days

S&P 500 over the same 30 days: −1.04%.

Did HEI-A Beat Earnings? Q2 2026 Results

HEICO Corporation posted a standout second quarter for fiscal 2026, with revenue of $1.38 billion clearing the consensus estimate of $1.25 billion by 10.13% and climbing 25.3% from the year-ago period, while earnings per share came in at $1.66 as record-level results spread across all key financial metrics. The primary engine behind the beat was a surge in organic demand at both operating segments, with the Flight Support Group delivering 19% organic net sales growth and expanding its operating margin to 26.2% from 24.1%, while the Electronic Technologies Group posted 17% organic growth and saw operating income jump 56% as margin widened to 26.5% from 22.8%, driven by a more favorable aerospace product mix. EBITDA rose 37% to $408.32 million and cash flow from operations climbed 43% to $292 million. Looking ahead, management expects continued net sales growth at both segments for the remainder of fiscal 2026, backed by underlying demand and contributions from the four acquisitions completed so far this fiscal year, with strong operating cash flow also forecast for the full year.

Key Takeaways
  • 18% consolidated organic net sales growth in Q2
  • Flight Support Group achieved 19% organic net sales growth across all product lines
  • Electronic Technologies Group achieved 17% organic net sales growth driven by demand for electronics, defense, aerospace, and space products
  • More favorable product mix within aftermarket replacement parts product line
  • SG&A expense efficiencies realized from net sales growth in both segments
  • Contributions from fiscal 2026 and 2025 acquisitions
  • Consolidated operating margin improved to 25.5% from 22.6%

“Reporting yet another period of record results, HEICO's record quarterly net income, operating income and net sales were driven by 18% consolidated organic net sales growth and contributions by our profitable fiscal 2026 and 2025 acquisitions.”

HEICO CEO, on the earnings call

Forward Guidance & Outlook

For the remainder of fiscal 2026, HEICO expects increased net sales at both the Flight Support Group and Electronic Technologies Group, supported by underlying demand for products and contributions from recent acquisitions. The company continues to forecast strong cash flow from operations for fiscal 2026 and intends to continue evaluating acquisition opportunities consistent with its strategic objectives, maintaining an opportunistic capital allocation approach focused on balancing organic growth with accretive acquisitions while maintaining liquidity and financial flexibility.

HEI-A YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$400.0M$800.0M$1.2B$1.1B$1.4BRevenue$466.6M$569.5MGross Profit$251.9M$350.4MOperating Income$156.8M$233.8MNet Income
$0$400.0M$800.0M$1.2BRevenueGross ProfitOperating IncomeNet Income

HEI-A Revenue by Segment

Flight Support Group$929.4M+21.0%
Electronic Technologies Group$459.5M+34.0%

Figures from SEC filings and company reports. Not investment advice.