Q2 26 EPS
$1.66
BEAT +24.25%
Est. $1.34
Q2 26 Revenue
$1.38B
BEAT +10.13%
Est. $1.25B
vs S&P Since Q2 26
+15.6%
BEATING MARKET
HEI-A +14.3% vs S&P -1.3%
Market Reaction
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 rec… Read more 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%
HEI-A 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, source: SEC Filings
HEI-A Revenue by Segment
With YoY comparisons, source: SEC Filings
“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.”
— Eric A. Mendelson, Q2 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% |