Every 10-Q that Heico Corp (HEI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HEI filings page.
HEICO CORP (HEI) reported record results for the nine months ended July 31, 2026, driven by strong organic growth and acquisitions in both its Flight Support Group (FSG) and Electronic Technologies Group (ETG). Net sales rose to $3.97 billion from $3.28 billion (up 21%), with FSG up 18% and ETG up 28%.
Operating income increased to $965.5 million from $740.0 million (up 30%), and the operating margin improved to 24.3% from 22.6%, reflecting better product mix and SG&A leverage. Net income attributable to HEICO grew 31% to $659.4 million, with diluted EPS rising to $4.67 from $3.57.
Operating cash flow strengthened to $815.9 million (up 28%), while HEICO invested heavily in growth, closing multiple acquisitions for total consideration of $1.05 billion and capital expenditures of $54.1 million. Total debt increased to $2.54 billion, including new 2031 and 2036 senior notes, and backlog (remaining performance obligations) reached $2.82 billion, supporting future revenue.
HEICO Corporation reported strong growth for the quarter and first half of fiscal 2026. Six-month net sales rose 20% to $2,554.3 million, while net income attributable to HEICO increased 31% to $423.9 million, or $3.01 per diluted share. Operating margin improved to 23.9% as higher volumes and a better product mix lifted profitability.
Second-quarter net sales grew 25% to $1,375.7 million, with net income attributable to HEICO up 49% to $233.8 million, or $1.66 per diluted share. Both the Flight Support Group and Electronic Technologies Group delivered double‑digit organic growth, supported by strong aerospace and defense demand and recent acquisitions. Operating cash flow increased to $470.6 million, funding $859.5 million of acquisition consideration and higher investment in inventories and goodwill.
HEICO Corporation reported strong first-quarter fiscal 2026 growth, with net sales rising 14% to $1,178.6 million from $1,030.2 million and net income attributable to HEICO increasing to $190.2 million from $168.0 million. Diluted EPS improved to $1.35 from $1.20.
The Flight Support Group led performance, lifting sales 15% to $820.0 million and operating income 21% to $200.7 million on 12% organic growth and contributions from 2025 acquisitions. Electronic Technologies Group sales grew 12% to $370.7 million, though operating income slipped 4% to $73.2 million due to mix-driven margin pressure. Consolidated operating margin edged up to 22.1%.
HEICO continued its acquisition strategy, buying Rockmart Fuel Containment in January 2026 and, after quarter-end, acquiring EthosEnergy Accessories & Components and agreeing to acquire 80% of another components services business. Backlog reached $2,453.0 million, with $1,348.7 million expected to convert to sales during the remainder of fiscal 2026. Long-term debt rose to $2,504.3 million, mainly from acquisition funding, while operating cash flow was a solid $178.6 million despite higher working capital uses.
HEICO Corporation reported stronger operating performance in the third quarter and first nine months of fiscal 2025. Consolidated operating income reached a record $265.0 million in Q3, up 22% year-over-year, driving net income attributable to HEICO to a record $177.3 million, or $1.26 per diluted share in Q3 (prior year $136.6 million, $0.97). SG&A rose in absolute dollars but improved as a percentage of sales to 17.1% for the nine months and 16.7% for Q3. Backlog (remaining performance obligations) stood at $2,064.3 million, with $625.5 million expected to be recognized in the remainder of fiscal 2025 and the balance thereafter. Operating cash flow was $638.9 million for the first nine months, supporting acquisitions funded by cash and the revolving credit facility. Interest expense declined year-over-year and the company remains in compliance with debt covenants. The company recognized tax benefits from stock option exercises, reported changes in contingent consideration estimates, and noted recent acquisitions and related goodwill and amortization schedules.