Latest quarter
HEICO reported Q3 FY2026 revenue of $1.4 billion, up 23.1% from a year earlier. The company reported adjusted EPS of $1.67 for the quarter, compared with the consensus of $1.51; adjusted EPS exceeded the consensus by 10.6%. HEICO’s revenue of $1.4 billion exceeded the consensus of $1.3 billion by 4.89%.
The filing attributed the revenue increase to an 18% rise in Flight Support Group net sales and a 36% rise in Electronic Technologies Group net sales, including organic growth and acquisition contributions in both businesses. HEICO said demand increased for Flight Support’s aftermarket replacement parts, specialty products, and repair and overhaul offerings, while Electronic Technologies demand rose across other electronics, defense, and aerospace products. The filing reported gross margin of 41.1%, compared with 39.8% a year earlier, and operating margin of 25.1%, compared with 23.1%. HEICO reported free cash flow of $322.8 million, up 47.7% from a year earlier.
| Q3 FY2026 | Q3 FY2025 | Change | |
|---|---|---|---|
| Revenue | $1.4 billion | $1.1 billion | 23.1% |
| Diluted EPS | $1.67 | $1.26 | 32.5% |
| Gross margin | 41.1% | 39.8% | 1.3 percentage points |
| Operating margin | 25.1% | 23.1% | 2.0 percentage points |
| Free cash flow | $322.8 million | $218.5 million | 47.7% |
| Against the consensus | Reported | Consensus | Result |
|---|---|---|---|
| Adjusted EPS | $1.67 | $1.51 | Beat by 10.6% |
| Revenue | $1.4 billion | $1.3 billion | Beat by 4.89% |
Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.
What management said on the call
HEICO did not make a latest earnings call available here.
Guidance
For the remainder of fiscal 2026, HEICO expects increased net sales at both the Flight Support Group and Electronic Technologies Group, supported by underlying product demand and recent acquisitions. HEICO also expects strong operating cash flow for fiscal 2026.
| Metric | For | Guide | Previous guide | Change |
|---|---|---|---|---|
| Operating cash flow | FY2026 | HEICO expects strong operating cash flow for fiscal 2026. | — | — |