Quarterly ResultMay 27, 2026, 05:02 PM
HEICO Q2 Net Income +49% to $233.8M; Sales +25% to $1.38B
AI Summary
HEICO Corporation reported record financial results for the second quarter of fiscal 2026, with net income increasing 49% to $233.8 million and net sales rising 25% to $1.38 billion. Operating income also grew 41% to $350.4 million, improving the consolidated operating margin to 25.5%. These record achievements were driven by 18% consolidated organic net sales growth and contributions from recent acquisitions. The company expects continued increased net sales for the remainder of fiscal 2026 and plans to pursue further acquisition opportunities.
Key Highlights
- Q2 fiscal 2026 net income increased 49% to a record $233.8 million ($1.66 diluted EPS).
- Q2 fiscal 2026 net sales increased 25% to a record $1,375.7 million.
- Q2 fiscal 2026 operating income increased 41% to a record $350.4 million.
- Consolidated quarterly organic net sales growth exceeded 18%.
- Cash flow from operating activities increased 43% to $292.0 million in Q2 fiscal 2026.
- Flight Support Group net sales increased 21% to a record $929.4 million in Q2 fiscal 2026.
- Electronic Technologies Group net sales increased 34% to a record $459.5 million in Q2 fiscal 2026.
- Net debt to EBITDA ratio was 1.74x as of April 30, 2026, up from 1.60x.
Price Impact
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