HEICO Corporation (HEI)
NYSE:HEI
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Earnings Data
Report Date
Aug 31, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.49Last Year’s EPS
1.26Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple record-setting financial metrics (net income +49%, operating income +41%, net sales +25%), robust cash flow (+43%) and strong segment performance (FSG and ETG both delivering record sales and operating income). Management highlighted healthy order flow, record backlogs, ongoing accretive M&A and participation in high‑profile programs (ARTEMIS II). Challenges cited were manageable: supply-chain constraints limiting some component repair growth, acquisition-related intangible amortization compressing GAAP margins, a moderate rise in leverage (net debt/EBITDA 1.74x) and some regional softness in the Middle East. Given the preponderance of operational and financial wins, plus clear commentary around sustainable demand and disciplined capital allocation, the tone is constructive and positive overall.Company Guidance
Record Consolidated Profitability and Revenue Growth
Consolidated net income rose 49% year-over-year to $233.8M ($1.66 per diluted share); consolidated operating income increased 41% and consolidated net sales increased 25% versus Q2 FY25, marking record results for the company.
Strong Cash Generation and EBITDA Expansion
Cash flow from operations increased 43% to $292M (from $204.7M) and consolidated EBITDA increased 37% to $408.3M (from $297.7M), underpinning liquidity and capacity for investment.
Flight Support Group (FSG) Record Performance
FSG net sales increased 21% to a record $929.4M (from $767.1M) and operating income rose 31% to $243.1M (from $185.0M). Operating margin improved to 26.2% from 24.1%; EBITA (cash margin before amortization) was ~28.6% vs. 27.0% prior, a 160 bps improvement.
Electronic Technologies Group (ETG) Record Profitability
ETG net sales grew 34% year-over-year (with 17% organic growth) and operating income increased 56% to $121.8M (from $77.9M). ETG operating margin improved to 26.5% from 22.8%; on a cash basis (before acquisition-related intangibles) margin was ~30.6%.
Order Momentum and Backlog Strength
Management reported record or near-record orders and record backlogs across major markets (commercial aviation, defense and space), with sustained multi-year demand in defense and strong growth in space programs.
Strategic and Accretive M&A Activity
Completed multiple acquisitions in FY26 (including majority stakes in Sherwood Avionics and Southwest Antennas) and four acquisitions year-to-date; management expects recent deals to be accretive within a year and maintains a healthy pipeline of opportunities.
Participation in High-Profile Programs
Three subsidiaries (3Ds, Xellia and VPT) supplied mission-critical electronic components for NASA's ARTEMIS II mission, highlighting qualification on historic deep-space programs and validation of engineering capabilities.
Commercial Behavior and PMA Product Traction
Management noted increased customer interest in PMA and DER repairs as fuel costs rise and airlines seek cost savings; HEICO is introducing roughly ~500 PMA parts annually and is seeing customers accelerate new product development requests.
HEI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HEI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $309.40 | $345.07 | +11.53% |
Feb 25, 2026 | $344.72 | $312.98 | -9.21% |
Dec 17, 2025 | $306.78 | $308.62 | +0.60% |
Aug 27, 2025 | $316.44 | $317.95 | +0.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HEICO Corporation (HEI) report earnings?
HEICO Corporation (HEI) is schdueled to report earning on Aug 31, 2026, After Close (Confirmed).
What is HEICO Corporation (HEI) earnings time?
HEICO Corporation (HEI) earnings time is at Aug 31, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HEI EPS forecast?
HEI EPS forecast for the fiscal quarter 2026 (Q3) is 1.49.